Industrial Economics and Game Theory

The behavior of monopoly: Pricing, product selection, quality and advertising. Price discrimination and the monopoly's choice of two-part tariff. Vertical control in a value chain: incentives to integrate vertically in a value chain. Strategic interactions between a limited number of actors or different forms oligoplolistic competition: Dynamic price competition and tacit collusion; Product differentiation - price competition and non-price competition; Entry, accomomodation and exit.

The course intends to enhance the students ability to analyse decisions of different economic actors interacting in strategic settings where they compete and/or cooperate.

The teaching and the discussions in the class room is partly based on hand outs produced by the teacher. Part of the teaching activity is based on the studentens own presentation of relevant topics. The students get individual tutoring before giving their presentation in the class room and individual evaluations afterwards.