Course Details
Country:
France
Institution:
Université Paris I Dauphine
Course Title:
Industrial Organization
Course Number:
0IECOY03
Course Description:
Industrial organization is the study of industry and firm behavior. Using the basic tools of microeconomic theory and game theory, this course will focus on the analysis of imperfectly competitive markets (monopoly and oligopoly). We shall first explore the relationships among firms in an industry by examining the nature of strategic interaction among them. We shall then analyze the strategies and methods that the firms use to preserve their monopolistic positions (deterring entry into an industry or driving rivals out of an industry) and examine the outcomes they produce. The last part of the course will deal with dynamic aspects of competition that represent critical issues in high technology and information technology industries: innovation and persistence of market dominance, network externalities and strategies in standardization. During the lectures the students will discuss some examples/mini case studies, to learn how economic concepts have been used in real world business and legal
Language:
English
Approved Equivalent:
ECON 370
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