- Syllabus
- Introduction -General
- Introduction – Game Theory
- Pareto Efficient Criterion
- Exercise #1 – Game Theory
- Production Costs, Demand and Perfect Competition
- Cobb-Douglas Example
- Exercise #2 Perfect Competition
- Monopoly
- Answer Key Quiz #1 [October 6th]
- Exercise (Discriminating Monopoly)
- Markets for Homogeneous Products
- Bertrand versus Cournot – Applications
- Markets for Differentiated Products
- Answer Key Quiz #2 [October 20th]
- Review Session
- Answer Key Midterm #1 [October 27th]
- Exercise (differentiated products) SOLUTION
- Location Models
- Answer Key Quiz #3
- Exercise – Hotelling’s location model SOLUTION
- Concentration and Mergers
- Answer Key Quiz #4
- Entry Barriers
- Answer Key Quiz #5
- Research and Development
- Patents
- The Economics of Compatibility and Standards
- Review Session
- Persuasive Advertising
- Informative Advertising
- Quality, Durability, and Warranties I
- Quality, Durability, and Warranties II
- Example Akerlof (1970)
- Pricing Tactics I
- Pricing Tactics II
- Review Session
- Final Exam – Thursday January 28th at 8am
| Homework #1 [Due on October 6th] | Answer Key |
| Homework #2 [Due on October 27th] | Answer Key |
| Homework #3 [Due on Nov. 17th] | Answer Key |
| Homework #4 [Due on Dec. 8th] | Answer Key |
Game Theory
Bug’s life vs Antz
The Prisoner’s Dilemma
Monopoly
