Author: Tom

Lecture 8: Vertical differentiation and advertising

In this lecture we go through a model of vertical differentiation, then begin our final topic on advertising. Lecture 8

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Lecture 7: More on product differentiation

In this lecture we complete our analysis of product differentiation, looking at location choice, welfare, discriminatory equilibria, product proliferation and some empirics. Lecture 7

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Lecture 6: More on price discrimination and nonlinear pricing + Intro to product differentiation

In this lecture we finish up the price discrimination topic, and introduce two models of product differentiation. Lecture 6

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Mock mid-term multiple choice test

Below is the mock mid-term multiple choice test. The answers are available from here. Mock mid 2012

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Lecture 5: Price discrimination and nonlinear pricing

In this lecture we look at some of the ways a monopolist can obtain higher profits than in the standard monopoly solution. Lecture 5

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