Helsinki School of Economics, Technology Management and Policy

38E050 Advanced Topics in Technology Management and Strategic Analysis

Economics of Competition and Competition Policy

Period Spring 2005, 2nd half

Lectures Tuesdays and Thursdays, at 14-16, in A-401.
Note: There will be no lectures on 21^th of April.

Teacher Markku Stenborg, PhD (Penn State)

Contact information

e-mail: Markku Stenborg

snail mail: Markku Stenborg

Ministry of Finance - Ministry of Finance, Economics Dept., PL 28, 00023 Valtioneuvosto

gsm: 050 577 6340, 040 709 2946

My alternate ETLA e-mail address is markku dot stenborg at etla dot fi

Course syllabus in pdf format.

Course material such as slides, lecture notes, articles and links will appear here.

Take home assignment is now available at Materials.

Introduction

The course covers topics in theoretical and empirical issues related to competition policy and strategic competition. These include market definition, market dominance, mergers, coordination of market conduct, predation, IPRs, and technology issues.

Intermediate Microeconomics, intermediate Industrial Organization, and related basic Game Theory, or some similar background such as Managerial Economics. You should understand Nash equilibrium and the basics of oligopoly theory. Also, you should be able to read and follow simple mathematical notation such as partial derivatives. I also assume that you have understanding of basic econometrics so that you can follow empirical papers.

Textbooks

There is no textbook for this course, but I recommend

• Motta, Massimo (2004) Competition Policy: Theory and Practice, Cambridge University Press.

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