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14.20 Industrial Organization: Competitive Strategy and Public Policy
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Undergrad (Spring) HASS Social Sciences
(Subject meets with 14.200)
Prereq: 14.01
Units: 4-0-8
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Analyzes the current debate over the rise of monopolies, the strategic behavior and performance of firms in imperfectly competitive markets, and the role of competition policy. Topics include monopoly power; pricing, product choice, and innovation decisions by firms in oligopoly markets; static and dynamic measurement of market performance; and incentives in organizations. Requires regular participation in class discussion and teamwork in a competitive strategy game. Students taking graduate version complete additional assignments.
N. Rose