ECO380 Managerial Economics I: Competitive Strategy, Fall 2013
Answer key for Problem Set #1
Due in class October 1, 2013 (Tuesday)
Please type your answers except gures and equations. On your cover s
Dynamic Games Intro
Stackelberg Model
Sequential Price Setting Models
Low Price Guarantees
Dynamic Games and the Stackelberg Model
Yao Luo
ECO380 - University of Toronto
Fall 2013
Stackelberg Games
EC
ECO380: Problem Set 1- Suggested Solutions
1. [Monopoly] Consider the following monopolists that face nonlinear demand functions.
(a) Suppose a monopolist faces a demand curve of Q = e100P , and has c
ECO380 Managerial Economics I: Competitive Strategy, Fall 2013
Problem Set #1
Due in class October 1, 2013 (Tuesday)
Please type your answers except gures and equations. On your cover sheet,
please wr
UNIVERSITY OF TORONTO
Faculty of Arts and Science
December 2012 FINAL EXAMINATION
EC0380H1F
Duration - 3 hours
Non-programmable calculators are allowed
No other aids allowed
Instructions. PRINT YOUR N
Given name:
Family name:
Student number:
Signature:
UNIVERSITY OF TORONTO
Faculty of Arts and Science
ECO 380 F (Markets, Competition, and Strategy)
Instructor: Zhe Yuan
Final Exam
Duration: 180 minut
UNIVERSITY OF TORONTO
Faculty of Arts and Science
October 2012 PROBLEM SET 1 ANSWER-KEY1
ECO380 - Managerial Economics I
Carlos J. Serrano
Question 1: Industry analysis [30 points]
Consider the follow
ECO380 Managerial Economics I: Competitive Strategy, Fall 2013
Term Test
Problem 1. Answer the following questions as best you can based on what you have
learned from the course. Partial answers will
UNIVERSITY OF TORONTO
Faculty of Arts and Science
December 2010 EXAMINATION
ECO380F
Duration - 3 hours
Non-programmable calculators are allowed
No other aids allowed
Instructions. PRINT YOUR NAME LEGI
ECO380: Problem Set 2 - Suggested Solutions
1. (15 marks) [Stackelberg] Demand in a market is given by P = 3600.25Q, where Q is the total amount
of output. There are N rms that compete as in Stackelbe
ECO380 Markets, Competition, and Strategy, Fall 2014
Term Test
Read each problem carefully and answer each part as best as you can. Partial credit
will be given, so please show your work. Number each
ECO380 Managerial Economics I: Competitive Strategy, Fall 2013
Answer key for Problem Set #2
Due in class October 29, 2013 (Tuesday)
Problem 1. There are two companies who oer tax return services in C
ECO380 Markets, Competition, and Strategy, Fall 2015
Term Test
Read each problem carefully and answer each part as best as you can. Partial credit
will be given, so please show your work. Number each
ECO380 Markets, Competition, and Strategy, Fall 2015
Problem Set #2
Problem 1. Two independent ice cream vendors own stands at either end of a 2
mile long beach. Everyday there are 200 beach-goers who
ECO380 Managerial Economics I: Competitive Strategy, Fall 2013
Problem Set #3
Due in class Novembr 26, 2013 (Tuesday)
Problem 1. TomsonBook is the monopoly publisher which produces the textbook
Corpor
ECO380 Managerial Economics I: Competitive Strategy, Fall 2013
Problem Set #3
Due in class Novembr 26, 2013 (Tuesday)
You may submit handwritten homework assignments. Make sure your writing
is neat; i
ECO380: Markets, Competition, and Strategy
Professor John McNeill
University of Toronto
Today:
Monopoly and Nonlinear Price Discrimination
Reminder: Calculus is in the appendix, and is required.
Pric
ECO380: Markets, Competition, and Strategy
Professor John McNeill
University of Toronto
Today:
Preventing Cartels
Predatory behavior
From Last Class
If they could, rms would want to work together t
ECO380: Markets, Competition, and Strategy
Professor John McNeill
University of Toronto
Today: Game Theory and Cournot Competition
Today, we begin looking at the strategic interaction between
rms.
Mo
ECO380: Markets, Competition, and Strategy
Professor John McNeill
University of Toronto
Today:
Course overview
Administrative information
Content: a bit of groundwork (surplus and monopoly)
Overvie
ECO380: Markets, Competition, and Strategy
Professor John McNeill
University of Toronto
Last Time: Price Discrimination
Third-degree price discrimination
First-degree price discrimination (perfect,
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ECO380: Markets, Competition, and Strategy
Professor John McNeill
University of Toronto
So far: consumers have been fully rational, utility-maximizing
agents.
Typically, we have just made some (minima
ECO380 - Fall 2016
ECO380: Tutorial Problem Set - For Wednesday April 5, 2017
Matching
1. Consider the following (true) preferences:
Agent
1st choice
2nd choice
3rd choice
m1
w2
w3
w1
m2
w2
w1
w3
m3
w
ECO380 - Winter 2017
Prof. McNeill
Extra practice problems:
In addition to the problems assigned in the tutorial sections, those on the problem set, and those found in
your textbook, here are some add
ECO380 - Winter 2017
Prof. McNeill
Suggested Solutions:
The suggested solutions below are intentionally minimal; they are intended to help you judge whether you
have solved the problem correctly, not
ECO380: Problem Set 2 - Suggested Solutions
1. (15 marks) [Stackelberg] Demand in a market is given by P = 3600.25Q, where Q is the total amount
of output. There are N rms that compete as in Stackelbe
ECO380: Tutorial Problem Set - For Tuesday, June 13th, 2017
1. [Preventing Collusion] There is a market with demand given by P = 240 Q, where Q is the total
amount of output sold in this market. There
ECO380: Tutorial Problem Set - For Thursday, June 15th, 2017
1. [Dixit] In a given marketplace there is an incumbent and a potential entrant. Market demand is given
by P = 150 0.2Q = 150 0.2(q1 + q2 )