Theory of the Firm (Spring 2014)

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
  7. Problem Set 7
  8. Problem Set 8

Schedule

(NB: both exact dates and exact topics are subject to changes.)
#TimePartTopics
1Feb 18 (Tue), 18:30MonopolyIntroduction. Monopoly pricing [1.1].
2Feb 20 (Thu), 8:30Durable goods [1.5, appendix]. Product space, quality [2.1]
3Feb 25 (Tue), 18:30Vertical and horizontal differentiation [2.2, 2.4-2.5]
4Feb 27 (Thu), 8:30Quality and Information [2.3, 2.6.2.1]. Perfect and multimarket price discrimination [3]
5Mar 04 (Tue), 18:30Screening, two-part tariffs [3]
6Mar 06 (Thu), 8:30Second degree price discrimination [3, Appendix]
7Mar 11 (Tue), 18:30OligopolyStatic models of competition [5]
8Mar 13 (Thu), 8:30Dynamic models of competition [6.1, 6.3, 6.6, 6.7.1]
 Mar 20 (Thu), 8:30[Midterm exam]
9Mar 25 (Tue), 18:30Competition with differentiated products: horizontal differentiation [7-7.1]
10Mar 27 (Thu), 8:30Competition with differentiated products: vertical differentiation, monopolistic competition [7.1-7.2, 7.5]
11Apr 01 (Tue), 18:30Entry. Natural monopolies [8, Appendixes not mandatory]
12Apr 03 (Thu), 8:30Entry deterrence, taxonomy of business strtegies [8, Appendixes not mandatory]
13Apr 08 (Tue), 18:30Search models, Search frictions
14Apr 10 (Thu), 8:30Search with price dispersion, Sales
15Apr 15 (Tue), 18:30Bounded rationalityIntroduction to Bounded Rationality, Sampling-based reasoning [Spiegler 6-7]
16Apr 17 (Thu), 8:30Quacks, Obfuscation [Spiegler 6-7]
17Apr 22 (Tue), 18:30 Final Exam Review session
 Apr 24 (Thu), 8:30[Final exam]