Classical theories of industry organization are analyzed. Topics include monopoly price discrimination, product differentiation and bundling as well as traditional oligopoly models of Cournot and Bertrand are examined. Dynamic models of oligopoly including entry deterrence and collusion are discussed in addition to games of research and development. Long-run industry structures and dynamics are also analyzed. Also investigates implications of these models for antitrust policy.

Prerequisite: ECON604 and ECON603
Credits: 3
Grading Method: Regular, Audit

Course Offerings

    Spring 2024Instructor: Chenyu Yang
    Spring 2022Instructor: Chenyu Yang
    Spring 2021Instructor: Chenyu Yang