INDUSTRIAL ORGANIZATION AND IMPERFECT COMPETITION

ECON 904

Second in a two seminar sequence on current research on the operation of markets in which individuals and firms act with imperfect information, are limited in their responses, may purchase heterogeneous commodities or factor services, and are concerned with conflicting goals.

ECON 467

Focuses on the behavior of international firms and the public policies that affect them. Study theoretical models of strategic competition, evaluate the effects of government policies, review aggregate empirical evidence and learn from case studies.

ECON 458

Analysis of competition among firms and its effect on industrial structure. Theoretical models and case studies are used. Topics include: entry barriers, price competition dynamics, entry and exit strategies, and competitive tactics such as product differentiation, advertising, and technological change.

ECON 761

A review of theories of the firm, oligopoly, and imperfect competition. Includes applications of economic theory and game theory to agency theory, product diversity, technological change, and strategic behavior by firms--among other problems.

ECON 762

A study of measurement in industrial organization and a survey of empirical tests of hypotheses in the field. The theory and practice of antitrust is also covered. Each student will produce an original piece of research.