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ECON662

Theories of Industrial Organization

Classical theories of industry organization are analyzed. Topics includ monopoly price discrimination, product differentiation and bundling as well as traditional oligopoly models of Cournot and Bertrand are examined. Dynamic models of oligopoly including entry deterrence and collusion are discussed in addition to games of research and development. Long-run industry structures and dynamics are also analyzed. Also investigates implications of these models for antitrust policy.

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Average GPA: 3.56 between 70 students

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