The Economics of Vertical Restraints

ECS544 The Economics of Vertical Restraints

  • Topics

    Topics

    The course will cover five major themes :

    1. Basic upstream/downstream contracting issues and the kinds of externalities that may arise

    2. The pro-competitive effects of vertical restraints

    3. The role of vertical restraints in dampening competition

    4. Private offers and the role of observable contracts

    5. Issues in vertical mergers

  • Learning outcome

    Learning outcome

    Upon successful completion of this course the participants should be able to

    • demonstrate a firm grasp of the relevant literature and state of the art thinking in this area
    • do independent analysis on vertical relations
    • assess the pros and cons of the welfare effects of vertical mergers/restraints

  • Teaching

    Teaching

    Lectures (two each day in six days) and one day workshop

    May 19-28 2014

  • Required prerequisites

    Required prerequisites

    Advanced microeconomics

  • Assessment

    Assessment

    Home exam

  • Grading Scale

    Grading Scale

    Grading: Pass / fail

  • Computer tools

    Computer tools

    None

  • Semester

    Semester

    Spring

  • Literature

    Literature

    A list of articles will be distributed later on

Overview

ECTS Credits
6
Teaching language
English
Semester
Spring

Course responsible

Professor Greg Shaffer (University of Rochester) and Professor Thibaud Verge (CREST)