Instructor: Robin D. Hanson, Assoc. Professor, Economics
Office Hours: Officially Tuesday, Thursday 4:30-5:30p, Wednesday 6-7p,, but I'm usually in at Carow Hall 10B. Email or call ahead (703-993-2326) if you want to be sure I'll be in, of you want to meet somewhere besides my office.
846 Industrial Organization and Public Policy II (3:3:0). Prerequisites: ECON 611 and 844. Relation between law and economics and theories of social control of property rights. Theories of market structure and industrial 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 half your grade, and can be all if you want. You must choose a model paper early in the semeseter, write a referee report on it, and present it in class. Then meeting with me frequently one on one, we look for and then create some variation on that model paper.
|Feb 2||2,3||Overview and Lockin||Look for Model Paper|
|Feb 9||4,5,6||Homogeneous Products & Free Entry|
|Feb 16||7||Differentiated Products|
|Feb 23||12||Quality and Regulation|
|Mar 2||10||Networks and Standards|
|Mar 9||Paper Presentations|
|Mar 16||Spring Break|
|Mar 23||Midterm Exam|
|Mar 30||11,16||Ads and Search|
|Apr 6||9||Research and Development|
|Apr 20||Organization Information Systems|
|Apr 27||No class|
|May 4||No class|
|May 11||Paper Presentations|
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)
F.M. Scherer, Industry, Structure, Strategy, and Public Policy, Harper Collins, ISBN 0-673-99289-6, 1996.
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.