Theory of the Firm (Spring 2013)

Prof. Toomas Hinnosaar

Problem sets

  1. Problem Set 1
  2. Problem Set 2
  3. Problem Set 3
  4. Problem Set 4
  5. Problem Set 5
  6. Problem Set 6

Schedule

(NB: both exact dates and exact topics are subject to changes.)
#TimePartTopics
1Feb 19, 8:30-10:30Introduction
2Feb 20, 9:00-11:00MonopolyMonopoly pricing [1.1]. Durable goods [1.5, appendix].
3Feb 26, 8:30-10:30Product selection, quality, and advertising [2.1-2.2.2]
4Feb 27, 9:00-11:00Horizontal differentiation, Quality and Information [2.2.2-2.5,2.6.2.1]
5Mar 05, 8:30-10:30Perfect and multimarket price discrimination [3]
6Mar 06, 10:30-12:30Second degree price discrimination [3, Appendix]
7Mar 12, 8:30-10:30OligopolyStatic models of competition [5]
8Mar 13, 10:30-12:30Dynamic models of competition [6.1, 6.3, 6.6, 6.7.1]
9Mar 19, 8:30-10:30Midterm Review: Monopoly. Oligopoly.
 Mar 20, 10:30-12:30[Midterm exam]
10Mar 26, 8:30-10:30Competition with differentiated products: linear city [7-7.1.1], Midterm questions
11Mar 27, 10:30-12:30Competition with differentiated products: circular city, vertical differentiation, monopolistic competition [7.1-7.2, 7.5]
12Apr 03, 10:30-12:30Entry [8, Appendixes not mandatory]
13Apr 09, 8:30-10:30Search models, Search frictions
14Apr 10, 10:30-12:30Search with price dispersion, Sales
15Apr 16, 8:30-10:30Bounded rationalityQuacks, Obfuscation [Spiegler 6-7]
16Apr 17, 10:30-12:30Mechanism DesignInstitution-free approach
17Apr 22, 9:30-11:30 Final Exam Review session
 Apr 23, 8:30-10:30[Final exam]