Economics of Industry and Competition
This research area focuses on explaining how firms make decisions and how those decisions affect market outcomes such as prices, quantities, the type of products offered and social welfare.
Intended audience
Projects in this research area are most suited for students who would like to deepen their understanding of monopolistic behaviour, oligopolistic competition, and competition policy. Nevertheless, the discussed material may also be of interests to students interested in applications of Mathematical Analysis and Game Theory to Economics.
Previous knowledge
The research projects are designed to be as self-contained as possible. However, a basic knowledge of Microeconomics, Game Theory and Calculus is required to fully benefit from the course.
Assessment
Dissertation (no more than 6,000 words): 100% of the total.
Research Topics
The potential research proposals you could pursue on the programme are listed below. The specific research focus of your project will be determined and confirmed with guidance from your supervisor.
- Charging different price for the same good. Economic foundations and strategic importance of price discrimination.
- The day Bit-Tech made competition obsolete: Network effects and other benefits of monopolisation.
- Too many cooks! Entry, exit and deterrence as a strategic decision of the firm.
- “It's always better when we're together?" On benefits and costs of mergers.
- Carrots, sticks, and theory of contracts. On providing incentives within an organisation.
Prefer to follow a research idea of your own?
Take a look at the Open Stream.