Digital markets and industrial policies
(objectives)
The educational objective of the course is to develop skills in terms of economic reasoning applied to digital markets and the ability to critically analyze the implications of industrial policies for this type of market. The course aims to develop and deepen from a theoretical and empirical point of view the main characteristics of the functioning of digital markets through the tools of economic analysis and industrial economics, the study of industrial policy choices, and the use of case studies. The course provides the fundamentals of the functioning of digital markets and industrial policies. Students will learn what distinguishes digital markets and platforms; and what economic policies can be useful in case of network externalities, strategic interactions and anti-competitive practices in digital markets. Case studies and examples of industrial policies for digital markets will be explored, critically using the conceptual tools of the course to understand the main challenges for institutions and policy-makers.
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