35M2C9 :Industrial Organization


Voertaal Engels
Werkvorm: This course will no longer be offered in 2010-2011 (Geen informatie over collegetijden bekend)
Tentamenvorm: Two old style exams will be offered in 2010-2011 (Geen informatie over tentamendata bekend)
Studielast:6 ECTS credits


prof. dr. P.M. Kort

dr. M.H. ten Raa

prof. dr. A.J.J. Talman

Doel van de cursus (alleen in het Engels beschikbaar)

The objectives of this course are:
  • To make students acquainted with the theory of industrial economics, by applying methods from welfare analysis and game theory, and with the analysis of strategic behaviour of agents under asymmetric information;
  • To provide students with insights in the organisation of markets.

Inhoud van de cursus (alleen in het Engels beschikbaar)

The text is Tirole (1988). Part 1 concerns non-strategic industrial organisation and consists of the theory of the firm, price discrimination and vertical integration. Part 2 studies strategic industrial organisation; the topics are Bertrand and Cournot models, dynamic price competition, spatial competition and advertising, incumbent/entrant behaviour, and R&D and technology adoption. Part 3 is about antitrust policy, and focuses on Dutch, European and US competition law, agreements-concerted behaviour and abuse of dominant position, and mergers.

Bijzonderheden (alleen in het Engels beschikbaar)

Level of "B.R. Binger and E. Hoffman, Microeconomics with Calculus, Addison-Wesley, Reading, M.A., Second Edition, 1998.

As a replacement for 'Industrial Organisation', students can also choose 'Advanced Game Theory' (code 35M3C3).

Verplichte literatuur

  1. J.Tirole, The Theory of Industrial Organisation, The MIT Press, Cambridge, MA, 1988.