Market Organization 2400-ZM2OR

Industrial organization:

• Getting to know the organization of the market: the concept of industrial organization, reminding of the most important microeconomic concepts.
• Market power: market power limitations, market concentration, Lerner index, HHI index, cartels, natural monopoly.
• Dominant firm and competitive edge: dominant firm, competitive edge, monopoly in the durable goods market, Coase's theorem.
• Price differentiation: 1st, 2nd and 3rd degree differentiation, peak-load, time differentiation, two-part tariffs, bundling, auctions.
• Non-price differentiation: qualitative discrimination, types of goods based on quality, quality signaling strategies, network effects.

Liturature background necessary before starting the course:
• Varian H. R. (2002), Mikroekonomia: Kurs średni - ujęcie nowoczesne, Wydawnictwo Naukowe PWN, Warszawa

Literature for the course:
• Research articles described during each lecture
• Jeffrey R. Church and Roger Ware. Industrial Organization: A Strategic Approach. New York: McGraw-Hill, 2000 (pobierz).
• Kusztelak P. (2012), Strategie produktowe Różnicować czy upodabniać - podejście teoriogrowe oraz weryfikacja eksperymentalna,
CeDeWu, Warszawa (oznaczenie: KU)
• Red. Krawczyk M. (2012), Ekonomia Eksperymentalna, Wolters Kluwer, Warszawa (oznaczenie: KR)

Other readings:
• Shy O. Industrial Organization. Theory and Applications. MIT Press, 2001
• Shy O. The Economics of Network Industries. Cambridge University Press, 2001
• Carlton D. and Perloff J. Modern Industrial Organization. Addison Wesley Longman, 2000
• Tirole J. The Theory of Industrial Organization. MIT Press, 1990