Lecturer

prof. Francesca Busetto francesca.busetto@uniud.it

Credits

6 CFU

Department

Department of Economics and Statistics

Objectives

The course presents a rigorous investigation of different forms of interaction among firms and of different market structures, using game theoretic tools.

Topics

Game theory:

Static games of complete information

Dynamic games of complete information

Competitive markets:

Pareto efficiency and competitive equilibria

Partial equilibrium competitive analysis

The Fundamental Welfare Theorems in a partial equilibrium context

Welfare analysis in a partial equilibrium model

Market power:

Monopoly pricing

Price discrimination

Static models of  oligopoly

Repeated interaction

Sequential games

Entry models

The competitive limit

References

Text book:

A. Mas Colell, M.D. Whinston, and J. R. Green, Microeconomic Theory , Oxford University Press

Other references:

R. Gibbons R., Teoria dei giochi, Il Mulino (A Primer in Game Theory , Prentice Hall)

H. R. Varian, Microeconomic Analysis, Norton

J. M. Henderson, R. H. Quandt, Microeconomic Theory. A Mathematical Approach, Mc Graw Hill, IV Edition.

Exams

Written tests