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Decks in this class (24)
L1: Introduction to Industrial Organisation
Should there be more regulation f...,
Yes we should regulate big firms,
No we should not regulate big firms
10
cards
L2: Theory of the Firm
Cost concepts,
Marginal and average costs,
Are there cost advantages of bein...
10
cards
L3: Monopoly
Monopoly,
Monopolist s marginal revenue,
Monopoly price
11
cards
L4: Durable Goods Monopoly
Durable goods,
Durable goods monopolist,
Coase conjecture
13
cards
L5: Price Discrimination
Price discrimination,
Why would firms want to price dis...,
Conditions for price discrimination
10
cards
L6: Price Discrimination
Second degree price discrimination,
Two part tariff conditions,
Bundling
6
cards
L7: Market Power and Quality
Two different scenarios for quality,
Incentives for quality provision ...,
Quality choice by the firm
18
cards
L8: Models of Oligopoly
Strategic interaction and game th...,
Nash equilibrium,
Simultaneous move games
8
cards
L9: Models of Oligopoly
Stackelberg oligopoly,
Cournot duopoly vs stackelberg,
Bertrand oligopoly
10
cards
L10: Product Differentiation
Product differentiation,
Dimensions of product differentia...,
Hotelling model of horizontal dif...
7
cards
L11: Product Differentiation
Horizontal differentiation on a c...,
What determines the level of pric...,
Free entry condition in salop s c...
8
cards
L12: Measuring Market Power
2 main approaches,
Structure conduct performance bai...,
Working assumptions of scp
6
cards
L13: Horizontal Mergers
Relevant questions around horizon...,
Why merge,
Mergers and differentiation
6
cards
L14: Collusion
Explicit collusion,
Tacit collusion,
Why is the static cournot model i...
11
cards
L15: Demand Estimation I
Why is estimating demand important,
Challenges of demand estimation
2
cards
L16: Demand Estimation II
Is it a good instrument,
Relaxation of independence of irr...,
Demand for cereal estimation nevo...
3
cards
L17: Entry and Market Structure
If a market is concentrated shoul...,
What is the efficient number of f...,
Entry and competition bresnahan a...
3
cards
L18: Entry Deterrence
Barriers to entry,
Examples of investment on barrier...,
Killer acquisitions
3
cards
L19: Raising Rivals' Costs and Predation
Where is this practice ocmmon,
Raising he costs of a competitive...,
Input preemption
5
cards
L20: Vertical Relations
Vertical relations,
What affects the choice to vertic...,
Holdup
7
cards
L21: Advertising
Lack of advertising in most produ...,
Economic theories of advertising,
Persuasive view
12
cards
L22: Platforms and the Digital Economy
What is a platform,
Main features of a platform economy,
Should platforms merge farronato ...
3
cards
L23: R&D and Patents
Incentives for innovation,
The role of intellectual property...,
Market size and vaccine innovatio...
7
cards
L24: Regulation
Why regulate,
Natural monopoly,
Alternatives to regulation of mon...
9
cards
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ECON121
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