ECO650: Firms' Strategies and Markets

Syllabus

This course aims at equipping students to understand complex strategies that firms apply to maximize their profits. Emphasis is given to pricing, advertising and innovation strategies of firms in a static and/or a dynamic perspectives. The range of strategies analyzed is wide because firms operate in diverse market organizations (various competitive environments, direct sales vs indirect sales to consumers) , demand conditions (uncertainty, consumers’ heterogeneity) and information setting (imperfect information about prices, contracts or products).

The methodology used is Microeconomic Theory and Industrial Organization.

Each class (3 h) includes a case study (0,5 h), theory (1,5 h)  and exercises (1 h) .

Themes of Classes

  • Multiproduct pricing
  • Advertising
  • Entry
  • Dynamic Pricing
  • Vertical –Contracts
  • Vertical –Bargaining
  • Innovation

Exam on wednesday, december, 16th 2020!

 

Consumers economics and pricing strategies

My articles for the exam :

Chen_et_al-2019-The_RAND_Journal_of_Economics

upstream bundling de Corniere Taylor

Bitnami