Industrial Organization II deals with the economics of regulation and antitrust. Problem sets, class handouts, and data sets will be made available on this page as the semester progresses.

• Syllabus 2002 (Adobe Acrobat .pdf file), contains links to JSTOR

Syllabus 2001
• Some materials will be available on the experimental electronic course reserves.

Check it out at https://eres.mit.edu/
The password is "joskow"
• Schedule for the Harvard MIT-Industrial Organization Seminar

Recitation time Friday 12 - 1, in E51-063

Andrew's office hours: M or W, by appt in E52-262g

Handouts

Hazard/Duration Models
Government v. Private Ownership
The Politcal Economy of Regulation
Merger Theory and Evidence
US Antitrust Policy Framework
Emperical Evidence on Mergers
Table 4.2, 4.7, 4.3
Merger Simulations in Differentiated Product Markets
NEVO

Brookings Papers (read articles by Hausman and Joskow)

Problem Sets

Problem Set #1 (Mergers)

Problem Set #4 (Laffont and Tirole)

Problem Set #5 (Access Pricing)

Problem Set Solutions

Recitation Handout 1 : Mergers with Strategic Complements and Strategic Substitutes

Problem Set 1 Solutions

Stata log for PS1 (Word)

Recitation Handout 2: Demand Estimation : Overview

Problem Set 2 Solutions

Problem Set 3 Solutions
 

Useful Links:
 

View the ASCII file msprice.dat.The stata file msdata.dta can be downloaded as well.
 

Antitrust

• Department of Justice, Antitrust Division
• Horizontal Merger Guidelines
• European Commission, DGIV
• DGIV's Market Definition Rules
• Antitrust.org  (includes merger simulation games!)

• Center for Energy and Environmental Policy Research (MIT)
• University of California Energy Institute

Updated: 3/18/2002