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Derived from
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21201457 INDUSTRIAL ECONOMICS - ADVANCED COURSE in Business administration LM-77 R Feduzi Alberto
(syllabus)
The course examines the strategic behaviour of firms using the key analytical categories of industrial economics.
Foundations of Industrial Economics • The fundamental problems of industrial economics • The structure-conduct-performance model: characteristics and limitations • Industry analysis • Review of microeconomics, decision theory, and game theory • Cournot and Bertrand models: characteristics, limitations, and extensions • Competition dynamics and entry-deterrence strategies • Economic and behavioural theories of the firm
Behavioural Industrial Organisation • Introduction to behavioural economics • Individual decision-making: heuristics and cognitive biases • Nudge theory and de-biasing techniques • Group decision-making processes and organizational repairs • Behavioural economics, consumer behaviour, and firms’ strategic decisions • Uncertainty, industrial innovation, and strategic firm behaviour • Behavioural economics and the failures of industrial firms
(reference books)
• Cabral, L. (2018). Industrial Economics (new edition), Carocci Editore.
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