Instructor: Robin D. Hanson, Assoc. Professor, Economics
Office Hours: Officially Tuesdays 5-7p, but I'm available at far more times; email me.
Econ 844 Industrial Organization and Public Policy I (3:3:0). Prerequisite: ECON 611 or permission of instructor. Structure of American industry and underlying determinants. Analysis of structure and conduct on industrial performance in light of theory and empirical evidence. Rational antitrust policy and analysis of impact on structure and performance.Class Concept
By grad school, students know the drill cold: read assignments, hear lectures, do homework, and spit it all back on the exam. Problem is, just then the game changes from grades to papers; few will care about your grades, compared to your research papers, written and published. A research paper is not a term paper, and can't be dashed off the weekend before it is due. A research paper does not offer a broad overview; it says something specific and new, even if minor, that fits in a context of other research papers.Assignments:
My class is designed for this transition. Instead of covering many topics briefly, we cover fewer deeper. The research paper is all of your grade. You must choose a model paper early in the semester, write a referee report on it, and present it in class. Then meeting with me one on one, we look for and then create a variation on that model paper.
|Week||Shy Chapter||Lecture Topics|
|22 Aug||2,3||Overview and Lockin||Look for Model Paper|
|29 Aug||4,5,6||Homogeneous Products & Free Entry|
|5 Sep||7||Differentiated Products|
|12 Sep||12||Quality and Regulation|
|19 Sep||Paper Presentations|
|26 Sep||10||Networks and Standards|
|3 Oct||11,16||Ads and Search|
|10 Oct||No Class|
|17 Oct||No Class|
|24 Oct||9||Research and Development|
|7 Nov||Organization Information Systems|
|12 Dec||7:30-10:15pm, Final Presentations, papers due|
On the web page, this links to a page of sources, most of which have links.Suggested Texts:
Oz Shy, Industrial Organization, Theory and Applications, MIT Press, ISBN 0-262-69179-5, 1996. (errata)
Jean Tirole, The Theory of Industrial Organization, MIT Press, ISBN 0-262-20071-6, 1994.
Dennis Carlton and Jeffrey Perloff, Modern Industrial Organization, Forth Edition, Addison-Wesley, ISBN: 0-321-18023-2, 2005.