The aim of the course is twofold. The analytical models of the main problems of industrial economics, with a particular focus on the strategic interaction between firms, are the core of the first module of the teaching.
The second module aims to provide students with the notions for a thorough analysis of the Italian productive system, taking into consideration issues related to firms’ organization and performance together with a close look at the specific industries’ main competitiveness indicators.
The second module aims to provide students with the notions for a thorough analysis of the Italian productive system, taking into consideration issues related to firms’ organization and performance together with a close look at the specific industries’ main competitiveness indicators.
Curriculum
scheda docente
materiale didattico
Fundamentals of industrial economics
• The fundamental problems of industrial economics
• Review of microeconomics, decision theory, and game theory
• The structure-conduct-performance model: characteristics and limitations
• Industry analysis
• Competitors and competition
• Cournot and Bertrand models: characteristics, limitations, and extensions
Strategic Business Decisions and Market Dynamics
• Economic theories of the firm
• Risk, uncertainty, and strategic decisions
• Behavioral economics and strategic decisions
• The horizontal and vertical boundaries of the firm
• Entry and exit decisions
• Pricing strategies and strategic commitments
• Strategic behavior and competitiveness over time
Strategic Behavior of Firms Operating in Multiple Markets
• Transnational firms and global value chains
• Strategic decisions of transnational firms
• Besanko D., Dranove D., Shanley M., and Schaefer, S. (2013). Industrial Economics and Business Strategy (second edition), Isedi
Additional teaching materials (slides and scientific articles) will be made available on the Moodle platform.
Programma
The course examines the strategic behavior of firms using the key analytical categories of industrial economics.Fundamentals of industrial economics
• The fundamental problems of industrial economics
• Review of microeconomics, decision theory, and game theory
• The structure-conduct-performance model: characteristics and limitations
• Industry analysis
• Competitors and competition
• Cournot and Bertrand models: characteristics, limitations, and extensions
Strategic Business Decisions and Market Dynamics
• Economic theories of the firm
• Risk, uncertainty, and strategic decisions
• Behavioral economics and strategic decisions
• The horizontal and vertical boundaries of the firm
• Entry and exit decisions
• Pricing strategies and strategic commitments
• Strategic behavior and competitiveness over time
Strategic Behavior of Firms Operating in Multiple Markets
• Transnational firms and global value chains
• Strategic decisions of transnational firms
Testi Adottati
• Cabral L. (2018). Industrial Economics (new edition), Carocci editore.• Besanko D., Dranove D., Shanley M., and Schaefer, S. (2013). Industrial Economics and Business Strategy (second edition), Isedi
Additional teaching materials (slides and scientific articles) will be made available on the Moodle platform.
Bibliografia Di Riferimento
Additional teaching materials (slides and scientific articles) will be made available on the Moodle platform.Modalità Frequenza
Attendance is recommended but not mandatory.Modalità Valutazione
The assessment consists of a written exam, divided into three questions.
scheda docente
materiale didattico
Fundamentals of industrial economics
• The fundamental problems of industrial economics
• Review of microeconomics, decision theory, and game theory
• The structure-conduct-performance model: characteristics and limitations
• Industry analysis
• Competitors and competition
• Cournot and Bertrand models: characteristics, limitations, and extensions
Strategic Business Decisions and Market Dynamics
• Economic theories of the firm
• Risk, uncertainty, and strategic decisions
• Behavioral economics and strategic decisions
• The horizontal and vertical boundaries of the firm
• Entry and exit decisions
• Pricing strategies and strategic commitments
• Strategic behavior and competitiveness over time
Strategic Behavior of Firms Operating in Multiple Markets
• Transnational firms and global value chains
• Strategic decisions of transnational firms
• Besanko D., Dranove D., Shanley M., and Schaefer, S. (2013). Industrial Economics and Business Strategy (second edition), Isedi
Additional teaching materials (slides and scientific articles) will be made available on the Moodle platform.
Programma
The course examines the strategic behavior of firms using the key analytical categories of industrial economics.Fundamentals of industrial economics
• The fundamental problems of industrial economics
• Review of microeconomics, decision theory, and game theory
• The structure-conduct-performance model: characteristics and limitations
• Industry analysis
• Competitors and competition
• Cournot and Bertrand models: characteristics, limitations, and extensions
Strategic Business Decisions and Market Dynamics
• Economic theories of the firm
• Risk, uncertainty, and strategic decisions
• Behavioral economics and strategic decisions
• The horizontal and vertical boundaries of the firm
• Entry and exit decisions
• Pricing strategies and strategic commitments
• Strategic behavior and competitiveness over time
Strategic Behavior of Firms Operating in Multiple Markets
• Transnational firms and global value chains
• Strategic decisions of transnational firms
Testi Adottati
• Cabral L. (2018). Industrial Economics (new edition), Carocci editore.• Besanko D., Dranove D., Shanley M., and Schaefer, S. (2013). Industrial Economics and Business Strategy (second edition), Isedi
Additional teaching materials (slides and scientific articles) will be made available on the Moodle platform.
Bibliografia Di Riferimento
Additional teaching materials (slides and scientific articles) will be made available on the Moodle platform.Modalità Frequenza
Attendance is recommended but not mandatory.Modalità Valutazione
The assessment consists of a written exam, divided into three questions.