Industrial organization (IO) is the study of firms’ behaviour in the market. In this course, we are particularly interested in the strategic interactions among firms, as well as between firms and (potential) customers. Tools from game theory play an important role in such analysis, so the first half of the course is devoted to a detailed introduction to the basics of game theory. Along the way, we study classic models of static and dynamic oligopolies. In the second half of the course, we build upon the tools introduced in the first half to analyse various topics in IO, including strategic behavior, collusion, reputation, and product positioning.
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