Presented by Michael Riordan
This mini-course will address three topics: predatory pricing, vertical mergers, and bundling. A lecture on each of the three topics will discuss a select recent paper in the context of relevant broader industrial organization literature and pertinent competition policy issues.
I. Predatory Pricing
David Besanko, Ulrich Doraszelski, and Yaroslav Kryukov, “The Economics of Predation: What Drives Pricing When There is Learning-by-Doing,” American Economic Review, 2014.
II. Vertical Mergers
Marie-Laure Allain, Claire Chambolle, and Patrick Rey, “Vertical Integration as a Source of Hold-up,” Review of Economic Studies, 2016.
Jidong Zhou, “Competitive Bundling,” Econometrica, 2017.
References and supplementary reading lists for the three topics will follow.
About the Speaker
Professor Riordan specializes in industrial organization economics. His recent research interests include topics on telecommunications, antitrust, and oligopoly. He has written numerous journal articles on these and other industrial organization topics including regulation, contract theory, defense procurement, health services, vertical integration, internal organization of firms, and product quality. Professor Riordan’s research has been supported by the National Science Foundation, the National Institute of Drug Abuse, and other organizations. He is an elected fellow of the Econometric Society and was a National Fellow of the Hoover Institution. He served as co-editor of the RAND Journal of Economics, a member of the editorial board of the American Economic Review, and associate editor of the Quarterly Journal of Economics. His government experience includes assignments as Chief Economist of the Federal Communications Commission and Economic Advisor at the Federal Trade Commission. He held previous academic appointments at the University of Pennsylvania, Stanford University, and Boston University. Professor Riordan received his Ph.D. in Economics from the University of California at Berkeley.
This course is free to attend, please email to register prior to arrival at email@example.com