Industrial Organization

The National Centre for Econometric Research (NCER) will hold a short course entitled, "Empirical Industrial Organisation: Applications for Antitrust" at QUT, from Thursday 15 to Wednesday 28 April. If you are interested in attending, please contact the Administration Coordinator.

The lectures will be held in Room Z808, while the lab session will be conduced in Z850 of the School of Economics and Finance.

Course Convener

Assistant Professor Tomaso Duso, Department of Economics and Institute of Industrial Economics, Humboldt University Berlin .

Course Overview

This course aims to introduce the student to current methods in Empirical Industrial Organization. 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. 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.

The reading list and revelant papers can be obtained from Tomaso Duso's web page.

Course Schedule

Date Topic
April 15
9:00-11:00
(Z808)
Introduction: Measuring Market Power, Structure-Conduct-Performance
April 15
13:00-15:00
(Z808)
NEIO & Structural econometrics: Estimating market power without cost information – homogenous goods
April 16
12:00-2:00
(Z850)
Lab: Stata Introduction
April 19
10:00-12:00
(Z808)
Demand System Estimation: Multi-budgeting / AIDS
April 20
10:00-12:00
(Z808)
Demand System Estimation: Logit & Nested Logit
April 21
15:00-17:00
(Z850)
Lab: First discussion of the assignment
Nested logit demand estimation
April 23
10:00-12:00
(Z808)
Estimating market power without cost information – differentiated goods
April 27
10:00-12:00
(Z808)
Merger Control: Market Definition and Merger simulations – the Volvo-Scania case
April 28
15:00-17:00
(Z808)
Lab: Students presentation of the assignment & discussion

Enquiries and Registration

For further details please contact the NCER Administration Coordinator:

Angela Fletcher
Queensland University of Technology
Email: a.fletcher@qut.edu.au