Industrial Organization - Universidade Católica Portuguesa

Industrial Organization
Academic Year: 2014/2015
Trimester | Semester: Third Trimester
Instructor(s): Helder Vasconcelos
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Course Description:
This course aims at providing students with basic knowledge of the main issues in the theory of
industrial organization, and to acquaint them with the most widespread models used in this field. The
lectures will try to combine analytical rigor with intuitions and also with the discussion of some examples
from real world situations.
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Course Content:
1. Dynamic models of price competition and tacit collusion:
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Applications
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Modelling collusion: advanced topics
2. Product differentiation:
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Horizontal product differentiation
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Vertical product differentiation
3. Entry and exit:
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Sunk costs and barriers to entry
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Strategic substitutes and complements
4. Horizontal Mergers
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Unilateral effects
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Pro-collusive effects
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Merger remedies
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Grading:
End of semester written exam: 70%
Essay: 30%
MRSyllabus_E0211.v1
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Bibliography:
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The Theory of Industrial Organization, by Jean Tirole, MIT Press (1988)
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Competition Policy – Theory and Practice, by Massimo Motta, Cambridge University Press,
(2004)
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Biography:
Helder Vasconcelos is full professor at the Faculdade de Economia da Universidade do Porto (FEP),
Member of the Board of ANACOM – Autoridade Nacional das Comunicações and Research Affiliate at
the Centre of Economic Policy Research (CEPR, London). He obtained his PhD from the European
University Institute, in 2002. He was previously associate professor at Universidade Católica
Portuguesa (2007-2011), assistant professor at Università Bocconi (2003-2007) and post-doctoral
research fellow at the Institut D’Economie Industrielle (IDEI), University of Toulouse (2002-2003).
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Contact(s) and Office hours:
Helder Vasconcelos
Faculdade de Economia do Porto
Rua Dr. Roberto Frias
4200-464 Porto
Email: [email protected]
http://www.fep.up.pt/docentes/hvasconcelos
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