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
Blackboard informatieniet beschikbaar in Blackboard


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.