Course Description

The purpose of this course is to analyze strategic interactions in two-tier structures and investigate their impact on market outcomes and social welfare, as well as to suggest alternative policy measures to correct for market inefficiencies. With two-tier structures we refer to the relationships between manufacturers and retailers, input suppliers and final good producers, unions and firms/employers and shareholders/owners and managers. The basic results of each of these branches of the literature will be studied, while particular emphasis will be given to the identification of the structural similarities and dissimilarities among them. Particular attention will be paid in multi-lateral bargaining situations which are commonly observed in two-tier industries.

Instructor

Emmanuel Petrakis

Professor of Industrial Organization and Policy at the University of Crete (Greece), Emmanuel Petrakis received his Ph. D. in Economics from the University of California Los Angeles (1990). Professor Petrakis´s areas of interest fall broadly into the area of applied game theory, with emphasis on industrial organization and policy issues such as innovation, advertising, product quality, vertical relations, manager-owners contracting, union-firm bargaining, trade and environmental policies, etc. He has published his work in top journals, including RAND Journal of Economics, Journal of Economic Theory, International Economic Review, European Economic Review, Journal of International Economics, Economic Theory.

Dates:

May 29: 16:00-20:00

May 30 and 31: 16:00-19:00

Venue

Universidad Carlos III de Madrid (Getafe Campus)

Calle Madrid, 126

Building 15, Room 15.0.15 (Map)

Registration Fee

300 Euros*

*Fee covers the course and accompanying materials. The registration fee for students currently enrolled in a Ph.D. program is reduced to 200 Euros. Students may apply for scholarships by sending the Application Form at instituto.economia@uc3m.es, indicating as subject “SSECO-scholarship”. Course attendees need to arrange and pay for their own lodging.

Scholarships Applications will not be considered after May 22, 2012.

Course Description

The purpose of this course is to analyze strategic interactions in two-tier structures and investigate their impact on market outcomes and social welfare, as well as to suggest alternative policy measures to correct for market inefficiencies. With two-tier structures we refer to the relationships between manufacturers and retailers, input suppliers and final good producers, unions and firms/employers and shareholders/owners and managers. The basic results of each of these branches of the literature will be studied, while particular emphasis will be given to the identification of the structural similarities and dissimilarities among them. Particular attention will be paid in multi-lateral bargaining situations which are commonly observed in two-tier industries.

Instructor

Emmanuel Petrakis

Professor of Industrial Organization and Policy at the University of Crete (Greece), Emmanuel Petrakis received his Ph. D. in Economics from the University of California Los Angeles (1990). Professor Petrakis´s areas of interest fall broadly into the area of applied game theory, with emphasis on industrial organization and policy issues such as innovation, advertising, product quality, vertical relations, manager-owners contracting, union-firm bargaining, trade and environmental policies, etc. He has published his work in top journals, including RAND Journal of Economics, Journal of Economic Theory, International Economic Review, European Economic Review, Journal of International Economics, Economic Theory.

Dates:

May 29: 16:00-20:00

May 30 and 31: 16:00-19:00

Venue

Universidad Carlos III de Madrid (Getafe Campus)

Calle Madrid, 126

Building 15, Room 15.0.15 (Map)

Registration Fee

300 Euros*

*Fee covers the course and accompanying materials. The registration fee for students currently enrolled in a Ph.D. program is reduced to 200 Euros. Students may apply for scholarships by sending the Application Form at instituto.economia@uc3m.es, indicating as subject “SSECO-scholarship”. Course attendees need to arrange and pay for their own lodging.

Scholarships Applications will not be considered after May 22, 2012.