Competitor and Market Analysis

3 Credits

Firms that compete with only a few other firms in a market must behave strategically. In this course we first examine different models of price and output decisions in imperfectly competitive markets. We then study other decisions that shape the structure of a market over time, including strategic entry barriers, mergers, vertical relations, product differentiation, R&D decisions, and competition among networks and two-sided platforms. Students use both game theoretic models and cases to analyze these interactions. Prerequisites: ECO 146 Attribute/Distribution: Q, SS