Industrial Organization

ECON 825

This class is meant to introduce key concepts and tools in Industrial Organization. We will start by presenting demand estimation, include discrete choice models of demand such as Berry, Levinsohn, and Pakes (1995). The we will look at methods to estimate production and cost functions, including control function methods such as Olley and Pakes (1996). The class will cover IO theory models of competition, such as Salop and Cournot models of competition. Finally, we will discuss topics in vertical markets, such as double marginalization and bilateral bargaining.
Typically Offered
Fall and/or Spring