Topics- Industrial Organization · Economics
I learned quite a bit about health care markets and auction theory.
Various topics related to the field of IO theory.
The course examined IO theory and empirics in the context of health care markets and auctions.
How to model consumer behavior, firm behavior, and their interaction. I was exposed to much research that I wasn't aware of before -- on two-sided platforms, product line design, using auction data to detect collusion. In terms of connections to other classes, mechanism design from the first year micro sequence provides useful background. The material on consumer search overlaps with second-year behavioral economics.
For the first half, the applications of IO models in healthcare markets. For the second half, the identification, estimation of auctions and some related application.
Theoretical IO, models of mergers, vertical and horizontal product differentiation, industry dynamics
Bargaining models, health IO, general IO theory and practice
Great if you want to do micro theory or IO.
I was introduced to several recent papers in healthcare markets and auctions and shown how various research questions can be evaluated using structural models.
I finally understood Bayesian persuasion, and discovered a series of papers on privacy, data, and platforms.