MWF 1:25p-2:20p Huntley 321
Fall 2015 Schedule | |||||
Week | Day | Date | Topic | Theory | Texts |
Week I | Fri | 11-Sep | Introduction: Miller Lite & Anheuser Busch’s reaction | Simple Models, Complex Strategies | Hotelling |
Mon | 14-Sep | Miller vs AB | Market Power–or not? | ||
Wed | 16-Sep | What is Beer? | blog discussion – if login issues resolved!: types of beer, definitions of market | ||
Fri | 18-Sep | Simple Market Power | Lerner and ‘Lastic | Elasticity readings | |
Week II | Mon | 21-Sep | How Many Firms? | economies of scale as topic? | |
Wed | 23-Sep | SABMiller vs InBev | Cournot | ||
Fri | 25-Sep | Bertrand | |||
Week III | Mon | 28-Sep | Why are price wars unusual? | Cournot versus Bertrand | Martin Ch 3 |
Wed | 30-Sep | Predation & Dominant Firms | net present value | Martin Ch 6 | |
Fri | 2-Oct | Yet again: Miller versus Bud | tacit coordination – tacit cartels cf. historic US Steel strategy |
Martin Ch 6 | |
Week IV | Mon | 5-Oct | Multiple Firms | n-opoly & mergers | Martin 382-393 |
Wed | 7-Oct | How many firms? | Market size and entry/exit | Martin 293-309 | |
Fri | 9-Oct | Size in a dynamic context | Entry Deterrence | Martin §7.2.4 – §7.3 | |
Week V | Mon | 12-Oct | Franchising | Vertical Structure | |
Wed | 14-Oct | Consolidation in Beer | Of course! … but, uh, why? | ||
Fri | 16-Oct | No Class! | Reading Day | ||
Week VI | Mon | 19-Oct | Cell phones | Price Discrimination & Bundling (I): Two-part Tariffs | Martin §8.1-§8.2 |
Wed | 21-Oct | Movie Theaters & Brew Pubs | Price Discrimination & Bundling (II): Bundling | Martin §8.3 | |
Fri | 23-Oct | Price Discrimination & Bundling (III): versioning | |||
Week VII | Mon | 26-Oct | Firm Dynamics: US Steel becomes US Steel | corporate structure | Martin Ch 10 |
Wed | 28-Oct | Product Differentiation | Steel: the commodity trap | Martin Ch 10, Warrian | |
Fri | 30-Oct | Coal: To Own or Not | vertical integration (again) | Martin Ch 10, | |
Week VIII | Mon | 2-Nov | Advertising | typologies | Martin Ch 13 |
Wed | 4-Nov | Advertising | elasticities again | Martin Ch 13 | |
Fri | 6-Nov | advertising and beer | PD? Econ of Scale? | Tremblay & Tremblay | |
Week IX | Mon | 9-Nov | Innovation | typologies | Einstein & Xerox |
Wed | 11-Nov | what drives innovation? | push vs pull | PACE: induced innovation | |
Fri | 13-Nov | diffusion: the most important part of innovation | hybrid corn | logistics curve reading? | |
Week X | Mon | 16-Nov | IPR | patents | Martin §15.6 |
Wed | 18-Nov | don’t patent, keep secrets! | Levin et al. [Martin §14.3.3] | ||
Fri | 20-Nov | technology examples | Federal Mogul pistons | Powerpoints | |
Thanksgiving | |||||
Week XI | Mon | 30-Nov | Devils Backbone! | assemble at DB by 1:15 pm | contact me if you need a ride |
Wed | 2-Dec | Technology & Steel | price elasticities! | Warrian book | |
Fri | 4-Dec | Innovation Case Study | PACE Competition | Warrian-Smitka paper | |
Week XII | Sun | 6-Dec | Possible dinner with Peter Warrian | details TBA | at Smitka residence? |
Mon | 7-Dec | GUEST SPEAKER: Peter Warrian | steel! | prepare questions for him | |
Wed | 9-Dec | steel | what is “the” market? | followup on Warrian | |
Fri | 11-Dec | Beer vs Steel | Lessons for Strategy | final steel paper due | |
(NO) Final Exam |