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Organisation Industrielle (BSc)

  • Teacher(s):   O.Strimbu   J.Montez  
  • Course given in: French
  • ECTS Credits: 6 credits
  • Schedule: Autumn Semester 2021-2022, 4.0h. course (weekly average)
  •  sessions
  • Related programmes:
    Bachelor of Science (BSc) in Management

    Bachelor (BSc) in Economic Sciences

    Bachelor of Science (BSc) in Economics
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Objectives

This course could also be called "The Economics of Pricing and Competition". We will study how sophisticated companies choose their prices, and how they can anticipate the choices of their rivals to make optimal strategic choices. Real-life examples are discussed to better understand how these analytical tools can be used in practice. Equipped with these principles, students will be ready to do in-depth reflections to improve a company's pricing strategy, with a holistic view at possible rivals’ reactions, and begin to understand the role and effect of competition policy.

Contents

• Pricing rules

• Pricing and quality

• Competition: the choices of price and inventory

• Avoiding competition: barriers to entry

• Softening competition: the effect of product differentiation

• Other in-depth topics, such as distribution contracts, cartels, and planned obsolescence.

References

Readings complementary to class material:

The Theory of Industrial Organisation. Jean Tirole, 1989. The MIT Press.

Industrial organization: theory and applications. Oz Shy, 1995. The MIT Press

Industrial Organization: Contemporary Theory and Empirical Applications. Pepall L., Richards D.J. and Norman G., 2014. Wiley.

Pre-requisites

It is recommended to have followed the second year course “Microeconomic Analysis” or equivalent.

Evaluation

First attempt

Exam:
Written 1h40 hours
Documentation:
Not allowed
Calculator:
Not allowed
Evaluation:

Final examination, mix of analytical questions, computational exercises, and multiple choice questions.

The terms announced in the syllabus may change due to the covid

Retake

Exam:
Written 1h40 hours
Documentation:
Not allowed
Calculator:
Not allowed
Evaluation:

Final examination, mix of analytical questions, computational exercises, and multiple choice questions.

The terms announced in the syllabus may change due to the covid



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