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 2025 is available in the Archives.
Credit points: 0 cp
Subject level:
Postgraduate
Result type: Pass fail, no marksThere 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)
| 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 (Unpublished Book Manuscript)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.