Industrial Organisation

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Decks in this class (18)

Monopoly (easy)
Use inverse demand function p q s...,
What is the inverse elasticity ru...,
Dominant firms when more than 1 f...
7  cards
Monopoly 2
2 requirements to price discrimin...,
3rd degree pd 2,
2nd degree pd 3
21  cards
Duopoly (Cournot and Bertrand)
Key feature of oligopoly 1,
Cournot what do firms do 2,
Bertrand what do firms do 3
16  cards
Duopoly Part 2 (stackelberg)
Stackelberg feature 1,
Firm 2 s thinking process 2,
How to solve pg 38 41 start backw...
19  cards
Oligopoly (Bertrand and Cournot, + 3 Market Concentration measures)
Bertrand oligopoly 1,
So bertrand oligopoly works same ...,
Linear cournot oligopoly with con...
20  cards
Oligopoly Part 2
What will happen in cournot oligo...,
Recall quantity and price express...,
What does this tell us about the ...
23  cards
Competition Policy & Collusion (Competition Policy - PC to Monopoly focus)
Key factors for growing us econom...,
As us got larger markets what is ...,
How to solve price wars 2 3
25  cards
Mergers
Tiiming of authority intervention...,
Risks of mergers 2,
So in general we assume collusion...
25  cards
R&D (Equilibrium R&D + Social Optimal Diagram)
3 types of r d 1,
R d increases total costs thus ne...,
R d as a of gdp 3
36  cards
Monitoring, Management Compensation
Relationship between managers and...,
What happens if managers goals do...,
Set up for principle agent model 3
25  cards
Product Differentiation (Cournot With Horizontal PD, Bertrand With Horizontal PD)
What assumption do we need to dro...,
How can product differentiation a...,
So what allows for a market for p...
27  cards
Market Foreclosure (Limit Pricing, Stackelberg Entry Deterrance (capacity), Fudenberg Investment (K1)
3 key models for market foreclosu...,
Limit pricing 2,
When is limit pricing unlikely to...
29  cards
Product Differentiation (Bertrand With Vertical PD) Easy
Recall vertical pd means everyone...,
2 firms produce goods of differen...,
Where is consumer indifferent bet...
25  cards
Market Foreclosure (Predatory Pricing)
Part 1 looks at how incumbents fi...,
Main distinguishing problem of pr...,
Predatory pricing in period 1 wha...
26  cards
Competition Policy & Collusion (collusion focus)
2 types of collusion 1,
Why can a collusive outcome be ha...,
How can we find a collusive outco...
31  cards
Mergers Pt 2 (modelling unilateral effects with/out efficiency gains) (awful)
Unilateral effects model with no ...,
See set up working pg 8 2,
Consumer surplus formula 3
23  cards
R&D (Time Of Discovery)
Patent requirements 3 1,
Model for patents investment x re...,
Assume p a q identify innovators ...
16  cards
MMC Part 2
Managerial compensation model 1,
If economic theory is correct the...,
Managerial compensation can be se...
29  cards

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Industrial Organisation

  • Class purpose General learning

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