| Educational guide Faculty of Business and Economics |
english |
| Bachelor's Degree in Economics (2009) |
 Subjects |
| THEORY OF INDUSTRIAL ORGANIZATION |
| Contents |
| IDENTIFYING DATA | 2023_24 |
| Subject | THEORY OF INDUSTRIAL ORGANIZATION | Code | 16224109 | |||||
| Study programme |
|
Cycle | 1st | |||||
| Descriptors | Credits | Type | Year | Period | ||||
| 6 | Compulsory | Second | 2Q |
|||||
| Competences | Learning outcomes | Contents |
| Planning | Methodologies | Personalized attention |
| Assessment | Sources of information | Recommendations |
| Topic | Sub-topic |
| 1. Introduction to Industrial Organization | • Aim and development of the modern Industrial Organization • Approaches to Industrial Organization |
| 2. Efficiency and market power | • Monopoly and market power • Efficiency and market structure • Dynamic efficiency: Innovation |
| 3. Price discrimination | • First, second, and third degree price discrimination • Temporal discrimination |
| 4. Vertical relations | • Vertical control: Forward control, backward control, competitive solution, and bargaining solution • Vertical integration • Limits to vertical integration |
| 5. Basic oligopoly models | • Quantity competition: Cournot model • Determinants of collusion • Cartel stability |
| 6. Market entry | • Stackelberg model • First-mover advantage • Entry barriers • Strategies with respect to potential entry: Accommodate, deter or foreclose |
| 7. Price competition and product differentiation | • Bertrand's paradox • Duopoly with horizontal product differentiation: Hotelling model • Horizontal product differentiation and entry: Salop model • Vertical product differentiation:Shaked and Sutton model |
