Economics 243 1:25-2:20 pm Huntley Hall 220
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Week-Day-Date |
General Topic |
Text / Readings |
Details |
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Week I |
Fri |
12-Sep |
Introduction: Structure-Conduct-Performance |
SM: Ch 1, TT: Ch 1 |
Sheetz |
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Mon |
15-Sep |
Hotelling |
industries and issues |
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Wed |
17-Sep |
Competitive Foundations |
SM: Ch 2 |
CS + PS as a metric; Lerner Index |
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Fri |
19-Sep |
Monopoly model |
SM: Ch 2 |
MR=MC |
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Week II |
Mon |
22-Sep |
Monopoly: innovative? pushy? |
SM: Ch 2 & 14 |
R&D and advertising |
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Wed |
24-Sep |
Monopoly & regulation |
— |
utilities |
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Fri |
26-Sep |
Research Resources |
TT: Ch2 & 3 |
beer: the rise of A-B ==> paper topics due |
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Week III |
Mon |
29-Sep |
Bankruptcy |
discussion |
reflections on Hon. Gonzales Law School Tucker Lecture |
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Wed |
1-Oct |
Market Structure (I) |
SM: Ch 9 |
TT: Ch 2 & 3: the rise of AB InBevn |
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Fri |
3-Oct |
Oligopoly (I) |
SM: Ch 3 |
Bertrand Competition (2013 Fall MT #1) ==> MT #1 due |
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Week IV |
Mon |
6-Oct |
Market Structure (II) |
SM: Ch 4 |
Product Differentiation TT: Ch 4 & 5 |
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Wed |
8-Oct |
Oligopoly (II) |
SM: Ch 9 |
Cournot Competition |
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Fri |
10-Oct |
Guest Lecture: Hayes Humphreys, COO |
at Devils Backbone Read up on beer industry news |
price wars ==> bibliography due |
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Week V |
Mon |
13-Oct |
Collusion (I) |
SM: Ch 5 & 6 |
price wars |
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Wed |
15-Oct |
Collusion (II) |
SM: Ch 5 & 6 |
overlapping markets |
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Fri |
17-Oct |
reading day! |
Reading days |
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Week VI |
Mon |
20-Oct |
Dominant Firms |
SM: Ch 7 |
TT: Ch 4 & RS: beer mergers |
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Wed |
22-Oct |
Strategic behavior |
SM: Ch 7 |
limit pricing |
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Fri |
24-Oct |
Mergers |
SM: Ch 11 |
TT: Ch 7 |
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Week VII |
Mon |
27-Oct |
Vertical structure |
SM: Ch 12 |
mergers and double marginalization (pdf) ==> MT #2 due |
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Wed |
29-Oct |
Theory of the Firm (I) |
Why Firms? |
Sakai: Coase-Chandler-Williamson, SM Ch 10: Berle-Means |
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Fri |
31-Oct |
Theory of the Firm (II) |
Franchising |
Sakai: Franchising, beer in Eastern Europe |
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Week VIII |
Mon |
3-Nov |
Term Paper Presentations |
5 minute “elevator pitch” |
You present ==> model due |
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Wed |
5-Nov |
Price Discrimination (I) |
SM: Ch 8 |
degrees of discrimination |
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Fri |
7-Nov |
Price Discrimination (II) |
SM: Ch 8 |
two-part tariffs |
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Week IX |
Mon |
10-Nov |
Price Discrimination (III) Paper Precips: Winn Savas Reilly |
SM: Ch 8 |
bundling 5 pm: H Parker Willis Lecture ==> introduction due |
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Wed |
12-Nov |
Beer again Paper Precips: Paulsen Keesler Gorman |
TT: Ch 6 |
other readings on recent evolution of the beer market |
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Fri |
14-Nov |
Advertising (I) Paper Precips: Demere Campbell |
SM: Ch 13 |
informative or persuasive? |
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Week X |
Mon |
17-Nov |
Advertising (II) |
SM: Ch 13 |
strategic considerations |
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Wed |
19-Nov |
Advertising (III) |
TT: Ch 7 & RS |
beer advertising |
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Fri |
21-Nov |
Innovation (I) |
SM: Ch 14 |
typologies ==> MT#3 due |
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Week XI
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Mon |
1-Dec |
Innovation (II) |
SM: Ch 15 |
patents, other IPR: © ™ ® |
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Wed |
3-Dec |
Innovation (III) |
SM: Ch 15 |
networks & standards |
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Fri |
5-Dec |
Innovation in Auto Suppliers |
— |
presentation of Smitka research ==> term paper due |
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Thanksgiving Break |
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Week XII |
Mon |
8-Dec |
Term Paper Presentations |
12 minutes each |
your question & findings distributed in advance |
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Wed |
10-Dec |
Term Paper Presentations |
12 minutes each |
your question & findings distributed in advance |
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Fri |
12-Dec |
Course conclusion |
TT: Ch 9 |
Market power in beer |
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Final Exams 13 December – 19 December |
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