University of Technology Sydney

23911 Research in Industrial Organisation

Warning: The information on this page is indicative. The subject outline for a particular session, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.

Subject handbook information prior to 2024 is available in the Archives.

UTS: Business: Economics
Credit points: 0 cp

Subject level:

Postgraduate

Result type: Pass fail, no marks

There are course requisites for this subject. See access conditions.
Anti-requisite(s): 23921 Research in Industrial Organisation

Description

This subject deals with industrial organisation and its empirical applications. It covers topics related to firms' and consumers' behavior and the related market outcomes, and its empirical analysis.

Subject learning objectives (SLOs)

Upon successful completion of this subject students should be able to:
1. Formulate a comprehensive picture of the field of industrial organization and its empirical applications
2. Demonstrate an understanding of determinants of firms’ and consumers’ behavior and market outcomes
3. Combine data, economic models, and appropriate econometric techniques to answer empirical questions in industrial organizations

Contribution to the development of graduate attributes

This subject enables students to develop a comprehensive knowledge in a field of study. More specifically, it contributes to the development of the following graduate attributes:

  • Business knowledge and concepts
  • Critical thinking and analytical skills
  • Business practice oriented skills

Teaching and learning strategies

The subject will be taught using a combination of lecture, discussion, and presentation. Students will read from texts and articles appropriate to the selection of topics.

Content (topics)

  • Production Function and its Estimation
  • Estimation of Demand Function
  • Models of Price and Quantity Competition and Estimation
  • Models of Market Entry and Estimation
  • Single-Agent Models of Firm Behavior
  • Model of Dynamic Oligopoly Competition and Estimation

Minimum requirements

Students must achieve at least 50% of the subject’s total marks.

References

Aguirregabiria, V. (2012) Empirical Industrial Organization: Models, Methods, and Applications. (Unpublished Book Manuscript)

Train, K.E. (2009) Discrete Choice Methods with Simulation. Cambridge University Press.

Ackerberg, D., L. Benkard, S. Berry, and A. Pakes (2006). Econometric Tools for Analyzing Market
Outcomes, Handbook of Econometrics, volume 6.
Aguirregabiria, V. and P. Mira (2010): Dynamic Discrete Choice Structural Models: A Survey,Journal of Econometrics, 156(1), 38-67.

Berry, S. and E. Tamer (2007): "Identification in Models of Oligopoly Entry," in Advances in Economics and Econometrics: Theory and Applications, Ninth World Congress, vol. 2, R. Blundell, W.K. Newey and T. Persson, eds., Cambridge Univ. Press.