Ph.D. Industrial Organization Fall 2007

1. Demand

Lecture Notes

Lecture Notes on Demand (co-written with John Asker, who borrowed heavily from Ariel Pakes's lecture notes). The latex source is here .

Articles on Demand

• Competition and Collusion in the American Automobile Industry: The 1955 Price War.
  
• Econometric Tools for Analyzing Market Outcomes.
• Estimating the Effects of Global Patent Protection in Pharmaceuticals: A Case Study of Quinolones in India.
• Competitive Analysis with Differentiated Products..
• Automobile Prices in Market Equilibrium.
• Measuring Market Power in the Ready-to-Eat Cereal Industry.
• Mergers with Differentiated Products: The Case of the Ready-to-Eat Cereal Industry.
• Quantifying the Benefits of New Products: The Case of the Minivan.

Problem Set 1

• Problem Set 1 on Demand Estimation and Merger Analysis.
• Data on Over the Counter Headache Medicine.
• Demographics for Over the Counter Headache Medicine.

You may find Aviv Nevo's article on estimating BLP models quite usefull for this problem (it is in the Journal of Economics and Management Strategy).

Solutions to Problem Set 1 , written by Matt Grennan and the code he wrote up to solve it.

2. Entry Models

Lecture Notes

Lecture Notes on Static Entry Models . The latex source for the file.

Articles on Entry

• Entry and Competition in Concentrated Markets
• Estimation of a model of Entry in the Airline Market
• Product Choice and Oligopoly Market Structure
• An empirical model of firm entry with endogenous product-type choices

Problem Set 2

• Problem Set 2 on Static Entry Models.
• Data on Automobile Repair shops.
• Simulated Annealing Code for MATLAB.
• Solutions to Problem Set 2, written by Matt Grennan.