Course details
Industrial Organization and Data Driven Pricing
ECON 60840A
This course aims to study the techniques of empirical industrial organization used by antitrust and market analysis agencies to find prices that maximize profits, to analyze the impact of the introduction of new products. and the impact of mergers.
Firms in an oligopolistic market can exercise market power to maximize profits. This can lead to a government response to protect consumers: either to ensure that they have sufficient access to the products, or to limit the prices they have to pay. This reaction can take two forms: government regulation or antitrust supervision. We study these two answers. The course also aims to familiarize students with the techniques and tools of empirical industrial organization used by economists in market analysis firms to calculate optimal prices, to analyze the impact of the introduction of new products or mergers of firms and examine the impact of advertising on demand.
Themes covered
Static competition and differentiation models
Dynamic competition
Entry and predation
Vertical relations and mergers
Supply and demand estimation
Merger Analysis
Targeted pricing machine learning and tests A/B
Collusive behavior
Important notes
Course in French : ECON 60840
Course code
ECON 60840A
Subject
Economy
Program
Master of Science (MSc)
Instruction mode
On-site learning
Credits
3