Econ 8602-Industrial Organization
Dept. of Economics
University of Minnesota
Spring 2024
·
Lecture 1:1/16/2024: Dynamic Duopoly
·
Lecture 2: 1/18/2024: Dynamic and Stochastic Models
of Industry
·
Lecture 3: 1/23/2024: Two Applications,
o
Finish multi-agent slides
o
Igami and Uetake Restud (2020) slides1 slides2
·
Lecture 4:
o
Nakaruma and Zerom, Restud (2010)
“Accounting for Incomplete Pass-Through”
slides
o
Grieco,
Murry, Yurukoglu,”The Evolution
of Market Power in the US Automobile Industry (with Paul) forthcoming
Quarterly Journal of Economics, July 2023.
slides
o
Will
reference but not go over: De Loecker Eeckhout and
Unger (2020), The
Rise of Market Power and Macroeconomic Implications,” QJE
·
Lecture
5 1/30/2024
o
Gregory
S. Crawford, Robin S. Lee, Michael D. Whinston, Ali Yurukoglu, The Welfare Effects of Vertical Integration in
Multichannel Television Markets,”,ECONOMETRICA: MAY
2018, VOLUME 86, ISSUE 3 p. 891-954 slides1 slides2
·
Lecture
6 2/6/2024: Price Discrimination—The
Case of Airlines
o
Gaurab
Aryal, Charles Murry, Jonathan W Williams, Price Discrimination in
International Airline Markets, The Review of Economic Studies, 2023;, rdad037, https://doi.org/10.1093/restud/rdad037 slides
o
Jose
M. Betancourt, Ali Hortaçsu, Aniko Oery & Kevin R. Williams, “Dynamic Price Competition: Theory and
Evidence from Airline Markets,” NBER working paper 30347, April 2023, slides
·
Lecture
7 2/8/2024 Labor Market Power
o
José Azar, Steven Berry and Ioanna
Marinescu (2022), "Estimating
Labor Market Power." slides
o
An aside Holmes and Stevens, “An Alternative
Theory of the Plant Size Distribution, with Geography and Intra- and
International Trade, Journal of Political Economy, April 2014 Slides
o
David Berger, Kyle Herkenhoff and
Simon Mongey "Labor
Market Power," American Economic Review, 2022 Vol. 112, No. 4, pp. 1147-93, slides
·
Lectures 8 and 9 Market Power and Mergers
o
Berger, Hasenzagl,
Herkenhoff, Mongey, and Posner, “Merger
Guidelines for the Labor Market,”December 10, 2023
Slides
o
Nocke, Volker, and Michael D. Whinston.
2022. "Concentration
Thresholds for Horizontal Mergers." American Economic Review, 112 (6):
1915-48. slides
o Nathan H. Miller, and Matthew C. Weinberg, “Understanding the Price
Effects of the MillerCoors Joint Venture,” Econometrica
Dec 2017. slides
·
Lecture 10 (2/20): IO Environmental Applications
o
Shapiro, Joseph S., and Reed Walker.
2018. "Why
Is Pollution from US Manufacturing Declining? The Roles of Environmental
Regulation, Productivity, and Trade." American Economic Review, 108
(12): 3814-54. (slides)
o
Gowrisankaran, Gautam, Ashley Langer and Mar Reguant, “Energy
Transitions in Regulated Markets,” Jan 2024
(authors’
slides)
·
Lecture 11 (2/27) IO and Transportation
o
Panle Jia Barwick, Myrto Kalouptsidi,Nahim
Bin Zahur,”Industrial
Policy Implementation: Empirical Evidence from China's Shipbuilding Industry",Dec
2023 (forthcoming Review of Economic Studies), (cutouts from paper), additional_tables
·
Lecture 12 (2/29) more on IO and
Transportation
o
Giulia Brancaccio, Myrto Kalouptsidi, Theodore Papageorgiou, Nicola Rosaia, "Search
Frictions and Efficiency in Decentralized Transport Markets", 2023,
forthcoming Quarterly Journal of Economics (cutouts
from paper)
.