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Tom D. Holden

Tom D. Holden

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    Category: 2011-12

    Lecture 9: Research and Development

    In this lecture we look at R&D, covering:

    • What R&D does.
    • Whether competition helps or hinders R&D.
    • Business stealing and entry deterrence.
    • Patent races.
    • Policy

    Lecture 9

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    2nd December 20117th October 2014 by Tom

    Lecture 8: Advertising

    This week we look at advertising, covering:

    • Different views on why advertising works.
    • Several models and their welfare implications.
    • Some empirics.

    Lecture 8

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    25th November 20117th October 2014 by Tom

    Lecture 7: Collusion and Dynamic Oligopoly

    In this lecture, we cover:

    • Why collude?
    • Examples and types of collusion.
    • Collusion in Dynamic Oligopoly.
    • The Folk Theorem.
    • Factors facilitating collusion.

    Lecture 7

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    18th November 20117th October 2014 by Tom

    Lecture 6: Product differentiation 2

    This week we look more at product differentiation, covering

    • Price discrimination in the Hotelling (1929) set-up.
    • The Salop (1979) circular-city model, and how product proliferation may be used for entry deterrence.
    • The Shaked and Sutton (1982) quality choice model of vertical differentiation.
    • Some empirics, and other issues.

    Lecture 6

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    10th November 20117th October 2014 by Tom

    Lecture 5: Product differentiation 1

    In this lecture we cover:

    • The Dixit-Stiglitz (1977) exogenous product differentiation model.
    • The Hotelling (1929) linear-city model of endogenous differentiation.

    Lecture 5

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    5th November 20117th October 2014 by Tom

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    School of Economics, FASS
    Ground Floor AD Building
    University of Surrey, Guildford, Surrey
    GU2 7XH, England
    +44 7815 067 305
    [email protected]

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