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      Empirical Industrial Organization

      Latest News: March 22 2013, 4:00 pm

      • Notice that we had to rearrange the schedule. The block on Productivity, which will be taught by Daniel Coublucq will be moved to May.
      • The course Advanced Econometrics II: Empirical Industrial Organization will be organized in four blocks of lectures and classes. The first block will start at the beginning of Mai
      • For the Master Students: this course is part of the module Advanced Econometrics (MW23). The first part of the module is the course Advanced Econometrics I: Micro-econometricswhich is held during the winter term

      General Information


      Course Description

      This course aims to introduce the student to current methods in Empirical Industrial Organization (EIO). In the first part of the course we will deal with the structural approach developed in the so called “New Empirical Industrial Organization” (NEIO) framework. After a introductory overview of the historical developments in the field of EIO, we start by looking at techniques for demand estimation in homogeneous and differentiated products markets. We then will move to the simultaneous analysis of demand and supply relationships and compare various methods for estimating firms’ market power and strategic interactions based on game-theoretic models of oligopolistic competition. In the second part of the course we will look at applications of these techniques to evaluate public policies such as merger control. We will conclude with a discussion of empirical techniques to estimate production functions.

      Instructor

      Prof. Dr. Tomaso Duso and Dr. Daniel Coublucq 

      Office Hours

      After the Lecture, or by appointment (E-mail: duso@dice.hhu.de, Tel: +49 211- 81 10235) Room 24.31.01.17

      Registration

      Students will have to register providing their email address during the first lecture.

      Time and Place

      According to the course plan

      Students:

      Advanced Master and Ph. D. Students

      Literature:

      Several journal articles. See the reading list!

      Evaluation:

      Final Exam: oral examination or written exam (90 minutes) depending on the number of students

      Homework assignments: Students will be divided into four groups. Each group has to complete each of the four assignments. Each group has to present one of the four assignment during the class. Each assignment will count 10% of the final grade. The presentation will also count an additional 10%. The final exam counts 50%.

      Useful Web Pages:

      EU DG competition: http://europa.eu.int/comm/competition/index_en.html
      US Federal Trade Commission : http://www.ftc.gov/ftc/antitrust.htm
      US Department of Justice (antitrust Division): http://www.usdoj.gov/atr


      Course Plan


      Block 1: Early Studies, NEIO & Conjectural Variations
      Time  Room  Date  Topic  Material
      2:00pm
      4:00pm
       G2 Mo May 6

      Introduction:

      Measuring Market Power, the Structure-Conduct-Performance Paradigm

      EIO_1.pdf
      4:00pm
      6:00pm
       G2 Mo May 6

      NEIO & Structural econometrics

      EIO_2.pdf
      10:00am
      12:00pm
      G2  Tue May 7 Estimating market power without cost information – homogenous goodsEIO_2.pdf
      12:00pm
      2:00pm
      G2 Tue May 7

      Assignment 1
      Conduct parameter estimation - discussion

      EIO_A1.zip

      Block 2: Production Function Estimation
      This block will be taught by Daniel Coublucq
      Time Room Date Topic Material
      9:00am
      11
      :00am
      G2Wed May 22

      Production Function Estimation I

      EIO_p1.pdf 
      12:00pm
       2:00pm
      G2 Wed May 22

      Production Function Estimation II

      EIO_p2.pdf 
       2:00pm
       4:00pm
      G2  Wed May 22Productivity and Mark up estimationEIO_p3.pdf  
      4:00pm
      6:00pm
      G2Wed May 22

      Assignment 2

      Production Function Estimation - discussion

      EIO_A2.zip

      9:00am
      11:00am
      ??Thu June 6

      Assignment 2

      Production Function Estimation - Students' presentation





      Block 3: Differentiated Goods - Demand Estimation & Equilibrium Analysis
      Time Room Date Topic Material
      2:00pm
      4:00pm
      G2Mo June 17

      Demand System Estimation: 
      Multi-budgeting / AIDS

      EIO_3.pdf
      4:00pm
      6:00pm
      G2Mo June 17

      Demand System Estimation: 
      Logit & Nested Logit

      EIO_4.pdf 
      10:00am
      12:00pm
      G2 Tue June 18

      Estimating market power without cost information: Differentiated goods

      BLP

      EIO_5.pdf 
      12:00pm 2:00pm

      2:00pm
      4:00pm
      G2Tue June 18

      Assignment 1
      Conduct parameter estimation - 
      Students' presentation


      Assignment 2
      Nested Logit Demand Estimation - 
      discussion




      EIO_A2.zip


      Block 4: Applications - Market Definition, Merger Simualations & Collusion 
      Time Room Date Topic Material
      2:00pm
      4:00pm 
      ??Mo Juli 8 Market DefinitionEIO_6.pdf
      4:00pm
      6:00pm
      G2Mo Juli 8

      Merger Control: 

      Merger simulations – the Volvo-Scania case

      EIO_7.pdf
      10:00am
      12:00pm
      G2 Tue Juli 9

      Collusion:
      Homogenous vs. Differentiated goods

      EIO_8.pdf
      12:00pm 2:00pm

      2:00pm
      4:00pm
      G2Tue Juli 9

      Assignment 3
      Nested Logit demand estimation - Students' presentation


      Assignment 4
      Merger Simulations - 
      discussion




      EIO_A4.zip


      9:30am
      11:00am

      12:00pm
       4:00pm
      ??Wed Juli 10

      Programming in Stata
      BLP


      Programming in Stata
      Simulations






      Block 5: Finals
      4:00pm
      6:00pm
      G2Mo Juli 22

      Assignment 4
      Merger Simulations - Students' presentation






      10:00am
      12:00pm
      G2Wed Juli 24

      Final Exam






      Č
      Ċ
      ď
      Tomaso Duso,
      Mar 22, 2013, 9:23 AM
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