The course will deal with the modern theory of industrial organization and competition policy. A part of the course will also explore the structure of the Italian economy and roots of its relative decline.
- Obiettivi e contenuti
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- OBIETTIVI FORMATIVI
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The course’s objective is twofold. First, making use of basic game theory tools, we aim to provide a detailed introduction to the main theoretical models that constitute the modern approach to industrial organization. These models will then be used in order to introduce students to the main issues of modern competition policy. Second, the course aims to provide students with some theoretical and empirical tools that can be used to study the current weaknesses of the Italian economy.
- PROGRAMMA/CONTENUTO
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In the first part of the course the following topics will be covered: monopoly pricing & price discrimination, market definition in antitrust investigation, oligopoly theory (Cournot, Bertrand with homogenous and differentiated prices, with or without capacity constraints; Stackelberg and Bertrand in dynamic games, oligopoly models and market structure), models of industry dynamics, models of entry deterrence and predatory pricing, mergers and acquisitions, collusion and cartels (finite and infinite games; trigger strategies, sector characteristics that facilitate collusion, natural monopoloies and economic regulation.
In the second part of the course (roughly one fourth of the course) the following topics will be covered: competitiveness and productivity indices (labour productivity, total factor productivity, unit labour costs, effective exchange rates); sectorial specialization of the Italian economy; the size problem of Italian firms; human capital; innovation; main theories of Italian relative economic decline.
- TESTI/BIBLIOGRAFIA
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Pepall, Richards, Norma, Industrial Organization: Contemporary Theory and Empirical Applications. fifth edition, Blackwell Publishing, 2013.
Pepall, Richards, Norman, Calzolari, Organizzazione Industriale, McGraw Hill, III edizione, 2017.
- URL Aula web
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MARKET STRUCTURE AND COMPETITION POLICY
https://2018.aulaweb.unige.it/course/view.php?id=1370
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- Chi
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- Docenti
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Maurizio Conti
mconti@economia.unige.it - Commissione d’esame
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95178 - MARKET STRUCTURE AND COMPETITION POLICY
Maurizio Conti (Presidente)
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- MODALITA' DIDATTICHE
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Frontal lectures
- MODALITA' D'ESAME
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Written examination
- MODALITA' DI ACCERTAMENTO
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The exame, through a combination o exercises and open questions, will aim to test the student understanding of the main concepts and her/his ability to apply models and tools to real world situations.
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- URL Aula web
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MARKET STRUCTURE AND COMPETITION POLICY
https://2018.aulaweb.unige.it/course/view.php?id=1370 - RICEVIMENTO STUDENTI
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Maurizio Conti
https://economia.aulaweb.unige.it/mod/forum/view.php?id=41667
- Appelli
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Data Ora Tipo Luogo Note 21 dicembre 2018 10:00 Orale Genova 16 gennaio 2019 10:00 Orale Genova 30 gennaio 2019 10:00 Orale Genova 6 giugno 2019 10:00 Orale Genova 20 giugno 2019 10:00 Orale Genova 4 luglio 2019 10:00 Orale Genova 10 settembre 2019 10:00 Orale Genova