The objective of the course is to provide the instruments to learn the operation of imperfect competition markets with particular attention to firms’ strategies devoted to the innovative activity.
Microeconomics: production function, cost function and profit maximization
Game theory. Perfect competition. Oligopoly competition: The Cournot, The Bertrand, The Stackelberg models. Collusion. Price Wars. Strategic Behaviour: entry deterrence and predation. Market structure and Incentives for R&D. The Dynamics of R&D competition. Patents.
Pepall L., D. J. Richards and G. Norman, Organizzazione industriale, 2013, McGraw Hill
Aldieri L., Esternalità di conoscenza tra imprese: aspetti metodologici ed empirici, 2017, Giappichelli