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Advanced Topics in Industrial Organization

  • Enseignant(s):  
  • Titre en français: Organisation Industrielle avancée
  • Cours donné en: anglais
  • Crédits ECTS:
  • Horaire: Semestre de printemps 2019-2020, 4.0h. de cours (moyenne hebdomadaire)
      WARNING :   this is an old version of the syllabus, old versions contain   OBSOLETE   data.
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The course is made of three parts.

In the first part of the course we study nonstrategic market behavior, i.e., situations where a firm takes the actions of rivals as given, which leads us to a in depth discussion of monopoly power.

In the second part of the course we study models of strategic interaction in imperfectly competitive markets, approaching topics such as strategic pricing, collusion, and mergers.

In the third part students are invited to explore and present to the rest of the class a topic of their interest. This enables all students to experience how formal investigation can help them better understand real world markets, and a wide range of topics of their choice can be covered.


There is a weekly session, running from 8:30 to 12:00 in Anthropole 5071.

The first part is taught by Joao Montez. It covers Part I of Jean Tirole’s book (chapters 1 to 4), and complements it with related topics, readings and applications that are not in that book. We essentially follow the sequence of the book: simple pricing, product selection, price discrimination and vertical control.

This part is taught by Christian Bach. It covers parts of chapters 5, 6, 8 and 9, and other related topics that are not in that book. Before starting this part, you should refresh your knowledge of Game Theory (e.g. chapter 11).

The third part is decided based on the student's interests.


The Theory of Industrial Organization, Jean Tirole, Cambridge, Massachusetts, The MIT Press.

Additional readings specific to each topic will be handed out during the course.


Microeconomic Theory (Analyse économique: Microéconomie)


1ère tentative

Sans examen (cf. modalités)  

There is no exam.

The grade will be determined based on: class or online discussion participation component (10%), homework component (30%), and a journal article discussion component (60%).

The journal article discussion comprises i) a class presentation of a journal article delivered online and ii) a short written report based on that presentation and its class discussion (each one accounting for half the grade in that component).

Participation includes asking and answering your colleagues’ questions.

Take home problem set component (PS) is individual. PS1 (due on March 19) accounts for a third of the grade in that component, and PS2 (due on April 30) for the remainder.

The selected journal article can be either a theoretical, empirical, or an experimental study in the field of Industrial Organization (indications on Moodle, with a selection of journals). Each student should prepare a 20 minute presentation of the article with more or less the following guidelines: (1) research question, (2) motivation, (3) the model, (5) main result(s), (6) sketch of proof(s) of main result(s), (7) economic intuition behind the main result(s), (8) discussion of assumptions or methodology, and (9) conclusion.

SUMMER 2020, due to coronavirus

The presentations take place online on the 7th and 14th of May. The written report, should have the same structure and cover the same topics as the presentation and incorporate elements mentioned during the class presentation. It is due on June 2nd.


Sans examen (cf. modalités)  

You will retake a journal article discussion component, based on an article selected by the professor. It comprises i) a presentation of a journal article delivered online and ii) a short written report based on that presentation and its class discussion (each one accounting for half the grade).

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