Tirole, J. The Theory of Industrial Organization. MIT Press.

Course content The course provides an overview of main empirical models used to study oligopolistic markets and teaches the students how to analyze and apply different econometrics tools to the study of compe-tition and regulation. The course will cover the following topics: 1) basic nonlinear econometrics, 2) estimation of demand and production/cost functions, 3) entry models, 4) applications to merger analysis, advertising and auctions. This course will not cover advanced dynamic models of oligopolistic competition. Learning outcomes: The students shall become familiar with the relevant literature on empirical industrial organization. They should be familiar with a set of econometric techniques to estimate basic models of supply and demand in most markets. They should be able to formulate structural models of competition, design feasible econometric techniques, implement computational estimation, test hypothesis and perform policy analysis