Identifying Data 2020/21
Subject (*) European Industrial Organisation Code 611G01033
Study programme
Grao en Economía
Descriptors Cycle Period Year Type Credits
Graduate 1st four-month period
Fourth Obligatory 6
Language
Spanish
Teaching method Face-to-face
Prerequisites
Department Economía
Coordinador
Nieto Mengotti, Manuel Vicente
E-mail
m.nieto1@udc.es
Lecturers
Nieto Mengotti, Manuel Vicente
Varela Candamio, Laura
E-mail
m.nieto1@udc.es
laura.varela.candamio@udc.es
Web
General description Bases teóricas para o estudo das interaccións entre os axentes económicos en distintas situacións de contratos, organizacións e mercados mediante a microeconomía e a teoría de xogos a nivel intermedio. Tamén se recollen esquemas compatibles de incentivos e modelos de información asimétrica.
Contingency plan 1. Modificacións nos contidos
Non se realizarán cambios

2. Metodoloxías
*Metodoloxías docentes que se manteñen
– Sesión maxistral (realizarase de forma virtual, preferiblemente a través de Teams): as clases maxistrais sustitúense por videoconferencias, grabacións en Teams, YouTube ou similar.
- Proba mixta (realizarase de forma virtual, preferiblemente a través de Moodle): A proba obxectiva manterase, adaptándoa á evaluación a distancia.
*Metodoloxías docentes que se modifican
Non se realizarán cambios

3. Mecanismos de atención personalizada ao alumnado
A atención personalizada ao alumno ou tutorías levarse a cabo por cualquera medio que permita conectar có profesor, xa sexa a través de Moodle, Teams ou correo electrónico, respetando, no posible, os horarios de tutoría. De todos os xeitos, a atención ao alumno adaptarase con flexibilidade ás suas necesidades en horario compatible coa la dispoñibilidade do profesor.
– Correo electrónico: Diariamente. De uso para facer consultas, solicitar encontros virtuais para resolver dúbidas e facer o seguimento da aprendizaxe colaborativa.
– Moodle: Diariamente. Segundo a necesidade do alumnado. Dispoñen de “foros” (valorarase a inclusión de foros temáticos asociados a cada módulo da materia), para formular as consultas necesarias. Tamén se poderán propoñer “foros de actividade específica” para desenvolver a “Aprendizaxe colaborativa”, a través das que se pon en práctica o desenvolvemento de contidos teóricos da materia.
– Teams: sesións semanais en gran grupo para o avance dos contidos teóricos e da aprendizaxe colaborativa na franxa horaria que ten asignada a materia no calendario de aulas da facultade. No seu caso, sesións semanais (segundo o demande o alumnado) en pequeno grupo (ate 6 persoas), para o seguimento e apoio na realización da “aprendizaxe colaborativa”. Esta dinámica permite facer un seguimento normalizado e axustado as necesidades da aprendizaxe do alumando para desenvolver o traballo da materia.

4. Modificacións na avaliación
Non se realizarán cambios
*Observacións de avaliación:
Mantéñense as mesmas que figuran na guía docente, agás que: Elimínase o requisito mínimo de 2 puntos sobre 4 na proba mixta (exame final) de forma que o alumnado que suspenda esta proba NON figurará en actas coa calificación obtida na mesma senón coa suma de todas as calificacións obtidas en cada unha das partes obxecto de avaliación.
REQUISITOS PARA SUPERAR A MATERIA:
a) Asistir e participar regularmente nas actividades da aprendizaxe colaborativa.
b) Obter unha puntuación total mínima do 50% do total de actividades obxecto de avaliación.
d) A segunda oportunidade estará sometida aos mesmos criterios que a primeira oportunidade.

5. Modificacións da bibliografía ou webgrafía
Non se realizarán cambios. O alumnado xa dispoñe de todos os materiais de traballo da maneira dixitalizada en Moodle.

Study programme competencies
Code Study programme competences
A1 CE1- Contribuír á boa xestión da asignación de recursos tanto no ámbito privado como no público.
A2 CE2-Identificar e anticipar problemas económicos relevantes en relación coa asignación de recursos en xeral, tanto no ámbito privado como no público.
A3 CE3-Aportar racionalidade á análise e á descripción de calquera aspecto da realidade económica.
A4 CE4-Avaliar consecuencias e distintas alternativas de acción e seleccionar as mellores, dados os obxectivos.
A5 CE5-Emitir informes de asesoramento sobre situación concretas da economía (internacional, nacional ou rexional) ou de sectores da mesma.
A6 CE6-Redactar proxectos de xestión económica a nivel internacional, nacional ou rexional. Integrarse na xestión empresarial.
A7 CE7-Identificar as fontes de información económica relevante e o seu contido.
A8 CE8-Entender as institucións económicas como resultado e aplicación de representacións teóricas ou formais acerca de cómo funciona a economía.
A9 CE9-Derivar dos datos información relevante imposible de recoñecer por non profesionais.
A10 CE10-Usar habitualmente a tecnoloxía da información e as comunicación en todo a seu desempeño profesional.
A11 CE11Leer e comunicarse no ámbito profesional en máis dun idioma, en especial en inglés.
A12 CE12-Aplicar á análise dos problemas criterios profesionais baseados no manexo de instrumentos técnicos.
A13 CE13-Comunicarse con fluidez no seu contorno e traballar en equipo.
B1 CB1 - Que os estudantes demostren posuir e comprender coñecementos nun área de estudo que parte da base da educación secundaria xeral, e que soe encontrar nun nivel que, ainda que se apoia en libros de texto avanzados, inclue tamén algúns aspectos que implican coñecementos procedentes da vangarda do seu campo de estudo.
B2 CB2 - Que os estudantes saiban aplicar os seus coñecementos ó seu traballo ou vocación dun xeito profesional e posúan as competencias que se demostran por medio da elaboración e defensa de argumentos e a resolución de problemas dentro da su entorna de traballo.
B3 CB3 - Que os estudantes teñan a capacidade de reunir e interpretar datos relevantes (normalmente dentro da su área de estudo) para emitir xuizos que inclúan unha reflexión sobre temas relevantes de índole social, científica ou ética
B4 CB4 - Que os estudantes poidan transmitir información, ideas, problemas e solucións a un público tanto especializado como non especializado
B5 CB5 - Que os estudantes desenvolvesen aquelas habilidades de aprendizaxe necesarias para emprender estudos posteriores cun alto grao de autonomía
B6 CG1- Que os estudantes formados se convertan en profesionais capaces de analizar, reflexionar e intervir sobre os diferentes elementos que constitúen un sistema económico
B7 CG2 - Que os estudantes coñezan o funcionamento e as consecuencias dos sistemas económicos, as distintas alternativas de asignación de recursos, acumulación de riqueza e distribución da renda e estean en condicións de contribuír ao seu bo funcionamento e mellora
B8 CG3 -Que os estudantes sexan capaces de identificar e anticipar os problemas económicos relevantes, identificar alternativas de resolución, seleccionar as máis axeitadas e avaliar os resultados aos que conduce.
B9 CG4 -Que os estudantes respecten os dereitos fundamentais e de igualdade de oportunidades, non discriminación e accesibilidade universal das persoas con minusvalidez.
B10
C1 CT1-Expresarse correctamente, tanto de forma oral coma escrita, nas linguas oficiais da comunidade autónoma.
C2 Dominar a expresión e a comprensión de forma oral e escrita dun idioma estranxeiro.
C3 Utilizar as ferramentas básicas das tecnoloxías da información e as comunicacións (TIC) necesarias para o exercicio da súa profesión e para a aprendizaxe ao longo da súa vida.
C4 CT2-Desenvolverse para o exercicio dunha cidadanía aberta, culta, crítica, comprometida, democrática e solidaria, capaz de analizar a realidade, diagnosticar problemas, formular e implantar solucións baseadas no coñecemento e orientadas ao ben común.
C5 CT3-Entender a importancia da cultura emprendedora e coñecer os medios ao alcance das persoas emprendedoras.
C6 CT4-Valorar criticamente o coñecemento, a tecnoloxía e a información dispoñible para resolver os problemas cos que deben enfrontarse.
C7 CT5-Asumir como profesional e cidadán a importancia da aprendizaxe ao longo da vida.
C8 CT6-Valorar a importancia que ten a investigación, a innovación e o desenvolvemento tecnolóxico no avance socioeconómico e cultural da sociedade.

Learning aims
Learning outcomes Study programme competences
To know how to analyze the degree of competitive rivalry of the sectors and their implications for the management of the value chain A1
A2
A6
A10
A12
B1
B2
B6
C2
C3
C5
C8
To know how to work in a team and collaboratively A4
A7
B3
B4
B5
B10
C3
C6
To convey the values and effort and work and encourage personal initiative A11
A13
B5
B6
B7
B8
B9
C1
C2
C3
C4
C5
C6
C7
C8
To know how to identity and analyze the main competitive forces of the different sectors based on relevant economic information sources A3
A5
A7
A8
A9
B4
C3

Contents
Topic Sub-topic
CHAPTER 1: INTRODUCTION TO THE GAME THEORY

Optimal decision and rational choice: the mathematical model of conditioned optimization
Interdependence between decision-makers: cooperative and non-cooperative games
Games and human conflict: strictly competitive and mutually beneficial games
CHAPTER 2: NASH-COURNOT EQUILIBRIUM FOR NON-COOPERATIVE GAMES



Best response matches: graphic representation in two-person games with two strategies. Discussion of significant examples
Nash equilibrium in finite games: Nash theorem
Backward induction and credible threats. Nash equilibrium refinements. Perfect equilibrium in subgames
Equilibria in games with incomplete information. Bayesian equilibria
CHAPTER 3: REPEATED GAMES. THEOREMS AND PARADOX Repeated games: Basic concepts and examples. Paradoxes in single equilibrium games with a finite and certain horizon: Prisoners' Dilemma and Warehouse Chain
Games with an infinite or uncertain horizon: Trigger and Retaliation Strategies. Multiple equilibria and Folk Theorem
CHAPTER 4: INCENTIVES, COLLECTIVE SYSTEMS AND COMPETENCE The tragedy of commons: overexploitation of resources
Incentives and effort offer in collectivist systems
Property rights and contracts: competition as a game with efficient cooperative results
CHAPTER 5: STRATEGIC INTERDEPENDENCE AND COMPETITION MODELS Competition in quantities: Cournot models. Perfect competition as a limit to quantity competition among a large number of companies
Price competition: Bertrand models
Competition in quantities and prices
CHAPTER 6: GAMES IN STAGES. LEADERSHIP AND STRATEGIC ADVANTAGES FOR ENTRY.


Stackelberg Leadership and Models
Reinterpretation in terms of capacity: credible commitments and strategic advantages of established companies
Barriers and deterrence of entry
The Limit Price Strategy
CHAPTER 7: CARTELS AND COLLUSION IN OLIGOPOLIES Promises and threats. Credible reward and punishment strategies.
Collusion in Bertrand models: prices and medium-term incentives. Monopoly prices and perfect Pareto equilibria
Collusion in Cournot Models: Monopoly Amounts and Perfect Pareto Equilibria
Information and collusion mechanisms between oligopolists: discussion of the stability of cartels and the possibilities of antitrust policy
CHAPTER 8: MONOPOLY AND ECONOMIC EFFICIENCY. PRICE DISCRIMINATION AND REGULATION Third degree discrimination. The inverse rule of elasticity
Second degree discrimination
First degree discrimination. The consumer surplus and the competitive solution.
Monopoly regulation. Flexible regulation in the EU
CHAPTER 9: PRODUCT DIFFERENTIATION Horizontal differentiation
Vertical differentiation
CHAPTER 10: VERTICAL RELATIONS. NETWORKS AND PLATAFORMS Double marginalization
Vertical control
Relation exclusivity
Networks and platforms
CHAPTER 11: INTELLECTUAL PROPERTY Copyrights
Patents
Trademarks
Intellectual property: international character

Planning
Methodologies / tests Competencies Ordinary class hours Student’s personal work hours Total hours
Collaborative learning A3 A4 A5 A7 A11 A12 A13 B4 B5 C2 C4 C7 C8 12 10 22
Guest lecture / keynote speech A1 A2 A4 A8 B1 B6 B7 B8 B9 C3 C5 C6 26 52 78
Case study A6 A9 A10 B2 B3 C1 5 30 35
Aprendizaxe servizo A1 A2 A3 A13 B2 B3 B4 B5 B6 B7 B8 C1 C4 C8 5 0 5
Mixed objective/subjective test A2 A6 A12 B4 B10 5 0 5
 
Personalized attention 5 0 5
 
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies Description
Collaborative learning Guided teaching-learning procedures (overseen in person and/or using ICT methods) based on organisation of class into small groups in which students work together to solve tasks assigned by teacher, with aim of optimising their learning experience and that of other members of group
Guest lecture / keynote speech Oral presentation (using audiovisual material and student interaction) designed to transmit knowledge and encourage learning
Case study Teaching-learning method in which students are presented with a specific set of real-life circumstances and a problem (‘case’) which they must attempt to understand, assess and solve as a group through a process of discussion. Students should be able to analyse a series of facts relating to a particular area of knowledge or activity, and arrive at a rational conclusion via a process of discussion within small work groups

In particular, the group work will be carried out (individual or in group) activities in relation to one of the themes of the program. The steps to follow are: subject selection, documentation, general evaluation, periodic sessions with the teacher for follow-up, preparation of the presentation and presentation in the classroom.
Aprendizaxe servizo Methodology that combines community service with learning in a single project, in which the student body is trained working on real needs of their environment in order to improve it. In this subject, students can develop activities within the project: "Economy with science and conscience: promoting sustainable development"
Mixed objective/subjective test Mixed test consisting of essay-type and objective test questions. Essay section consists of open (extended answer) questions; objective test may contain multiple-choice, ordering and sequencing, short answer, binary, completion and/or multiple-matching questions.

Personalized attention
Methodologies
Case study
Collaborative learning
Aprendizaxe servizo
Description
Personalized attention in small group and in individual office hours, especially in relation to the work and other activities presented in the classroom or in Moodle.

The small group office hours (tutorías de grupo reducido) as well as the individual ones will be preferably virtual .

Assessment
Methodologies Competencies Description Qualification
Case study A6 A9 A10 B2 B3 C1 It is part of the continuous assessment developed through collaborative learning achieved in classrooms and resulting in the completion of a series of case studies throughout the course.
Alternatively, this continuous evaluation can be evaluated by performing a MOOC or a service-learning project.
60
Mixed objective/subjective test A2 A6 A12 B4 B10 Final exam: Mixed test consisting of essay-type and objective test questions. Essay section consists of open (extended answer) questions; objective test may contain multiple-choice, ordering and sequencing, short answer, binary, completion and/or multiple-matching questions. Students must obtain a minimum of 2 points out of 4. 40
 
Assessment comments

The evaluation criteria are the following ones:

1. Students who did not show up: 

Students will not be graded when they only participate in assessment activities that have a weighting of less than 20% of the final grade, regardless of the grade achieved.

2. Second opportunity and advanced opportunity: 

a) Second opportunity: The conditions for evaluating the second opportunity (article 18, section 5, of the Normas de Avaliación, Revisión e Reclamacións das Calificacións dos Estudos de Grado e Mestrado) dictate that the second opportunity must guarantee the possibility of passing the subject by the student, so it is convenient to modify the percentages of qualification with respect to the first opportunity. Therefore, the case study would assume 30% of the qualification and the mixed test the remaining 70%. In the second opportunity, the student will keep the grades achieved in the continuous evaluation (with a percentage of 30%) but not the one achieved by the mixed test.

b) Advanced Opportunity: The conditions for evaluating the advanced opportunity (article 19 of the Normas de Avaliación, Revisión e Reclamacións das Calificacións dos Estudos de Grado e Mestrado) will be specific to this opportunity. This will be evaluated through a test that will represent 100% of the final grade.

3. Students with recognition of part-time dedication and academic exemption from attendance exemption: In the first and second opportunity, the evaluation criteria will be governed according to the performance of a mixed test with a weight of 100% over the final grade. It will consist of a test in which theoretical and practical questions will be included in which the students will have to demonstrate that they have achieved the competences and the learning results of the subject.

4. On final evaluation conditions: It is prohibited to access the exam room with any device that allows communication with the outside and / or storage of information.

5. Student identification: The student must prove her personality in accordance with current regulations.

Other evaluation observations. On minimums in the evaluation criteria: A minimum grade is not required in the part of the continuous evaluation. For the mixed test it is necessary to obtain 50% of the possible grade to be able to pass the subject. This requirement applies to both the first and second opportunities. For the whole activities (the two parts), the student must obtain a minimum score of 5 points to pass the course, but as long as the mixed test reaches a minimum of 50% of the test score.


Sources of information
Basic FAIÑA MEDIN, J.A. ( 2003). A Teoría de Xogos: O nobel de Economía e moito máis.... A Coruña, UDC
MARTIN, S. (2001). Advanced Industrial Organization. Blackwell Publishers; 2º Edición
FERNANDEZ DE CASTRO, J. e DUCH BROWN, N., (2003). Economía Industrial: Un enfoque estratégico. Madrid, McGraw-Hill
PEPALL, L., RICHARDS, D.J. and NORMAN, G (2002). Industrial Organization: Contemporary Theory and Practice. Ohio, South-Western, Thomson Learning
TIROLE, J., (1990). Teoría de la Organización Industrial. Ariel, Barcelona,

Complementary PHLIPS, L., (1995). Competition Policy: A Game-Theoretic Perspective. Cambridge University Press
Motta. M., (2004). Competition Policy: Theory and Practice. Cambridge University Press


Recommendations
Subjects that it is recommended to have taken before

Subjects that are recommended to be taken simultaneously

Subjects that continue the syllabus

Other comments

1. The delivery of the documentary works that are done in this subject:
    a. They will be requested in virtual format and / or in computer support
    b. It will be done through Moodle, in digital format and without needing to print them

2. The importance of the ethical principles related to the values of sustainability in personal and professional behaviors must be taken into account

3. Students will work to identify and modify prejudices and sexist attitudes, and they will influence the environment to modify them and promote values of respect and equality

4. The full integration of students that, for physical, sensory, psychological or socio-cultural reasons experience difficulties to adequate, equal and profitable access to university life will be facilitated



(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.