Course: Advanced Industrial Organization (lecture) (5203-511)

Persons:

• Prof. Dr. Ulrich Schwalbe (verantwortlich)

Type of Course:

lecture

In-Class Hours Per Week:

2

Contents:

In modern economies, most markets are characterized by a small number of firms that act strategically towards their rivals and their customers. In the lecture, pricing strategies of firms under imperfect competition are discussed. Further, various abusive practices such as predatory pricing, price-cost squeezes, tying, and strategic barriers to market entry are analysed. The second part of the lecture deals with vertical market structures and related agreements like e.g. exclusive-dealing contracts, retail price maintenance, and the analysis of vertical mergers in oligopolistic markets. Questions of intellectual property and patent protection are particularly important in markets with a high degree of innovation dynamics, as well as digital markets.

Literature:

Belleflamme, P., Peitz, M. (2010): Industrial Organization - Markets and Strategies, Cambridge University Press, Cambridge.

Martin, S. (2010): Industrial Organization in Context, Oxford University Press

Location:

Hohenheim

Module:

• 5203-510 Industrial Organization and Competition Theory 1 (compulsory)
• 5203-520 Advanced Industrial Organization (compulsory)