Empirical Industrial Organization
Instructors
OHASHI Hiroshi / WAKAMORI Naoki
Term / Language / Credits
A1 / English / 2
Objectives
Empirical Industrial Organization 1 is the first sequence of the “Industrial Organization” (I.O.) field course. This field course introduces students to empirical methods in Industrial Organization. The main goal is to familiarize students with the important topics in the literature today, and put students in a position to do their own research in this area. Some applications to other fields are also discussed.
Industrial Organization 1 will cover the basic methodologies of structural estimation; in particular, of demand estimation and production-function estimation. These methods are frequently used in many I.O. applications and antitrust analyses, which will be covered in both the first and second sequences of the course. We will also help students do hands-on programming exercises at computer lab.
Keywords
Structural Estimation, Demand Estimation, Random Coefficient Discrete Choice, Market Power, Oligopoly, Production Function, Productivity, Innovation, Antitrust and Competition Policies
Schedule
The topics include:
1. Introduction to Industrial Organization
2. What is structural estimation?
3. Demand Estimation of Differentiated Product Market
4. Production Function Estimation
Teaching Methods
Lectures; Class Discussion; In-class Presentations
Grading
Based on homework; In-class presentations; and research reports
Required Textbook
None
Reference Books
Reading assignment is given when necessary
Notes on Taking the Course
Graduate Microeconomics and Econometrics are pre-requisite for the course.