Internet economics and digital business
A.A. 2021/2022
Obiettivi formativi
The main goal of this course is to build on and extend Industrial Organization theories to develop an understanding of the economics of information technology, digital markets and internet businesses. Specifically, with the growing impact of the Internet on marketplaces, students will be challenged in understanding to what extent classical microeconomic theories still hold. The course will be also focused on the impact of widespread information on monopolist choices and consumer surplus, thus turning into new government policies.
Risultati apprendimento attesi
Participants in this course will learn how the set the prices of a company competing in old- and new-economy sectors, to choose profitably whether or not to collaborate with competitors, to understand when and if a monopolist is better off by subsidizing a market side, and eventually how to suggest the national government whether or not to intervene in order to stimulate competition and reduce incumbents' power over new entrants.
Periodo: Primo trimestre
Modalità di valutazione: Esame
Giudizio di valutazione: voto verbalizzato in trentesimi
Corso singolo
Questo insegnamento non può essere seguito come corso singolo. Puoi trovare gli insegnamenti disponibili consultando il catalogo corsi singoli.
Programma e organizzazione didattica
Edizione unica
Responsabile
Periodo
Primo trimestre
Le informazioni per accedere alle lezioni online via Teams sono disponibili sulla pagina Ariel dell'insegnamento.
Programma
· Introduction to the internet economy: a brief technological and historical overview
· Pricing in digital markets
· Network externalities and switching costs
· Two-sided markets and platforms
· Access and interconnection in telecommunications
· Sharing economy
· Competition policy and regulation for digital markets
· Innovation: digital innovation, drastic Innovation versus non drastic innovation
· Digital technologies ad artificial Intelligence in manufacturing: firms' side
· Digital technologies and artificial intelligence in manufacturing: consumers' side
· Internet of beings
· Pricing in digital markets
· Network externalities and switching costs
· Two-sided markets and platforms
· Access and interconnection in telecommunications
· Sharing economy
· Competition policy and regulation for digital markets
· Innovation: digital innovation, drastic Innovation versus non drastic innovation
· Digital technologies ad artificial Intelligence in manufacturing: firms' side
· Digital technologies and artificial intelligence in manufacturing: consumers' side
· Internet of beings
Prerequisiti
Notions of microeconomics and industrial organization as taught in the course "Advanced Industrial Organization" (first year).
Metodi didattici
Lectures and guest speakers' talks.
Materiale di riferimento
Stefano Comino and Fabio Maria Manenti (2014), "Industrial Organisation of High-Technology Markets. The Internet and Information Technologies". Edward Elgar Publishing.
Additional (compulsory and non-compulsory) readings will be communicated at the beginning of the course.
Additional (compulsory and non-compulsory) readings will be communicated at the beginning of the course.
Modalità di verifica dell’apprendimento e criteri di valutazione
A written exam aims at evaluating the skills and the critical abilities developed by the students as regards to the theories explained during lectures, and their applications to business environments.
SECS-P/01 - ECONOMIA POLITICA - CFU: 9
Lezioni: 60 ore
Docenti:
Giorgetti Maria Letizia, Zirulia Lorenzo
Siti didattici
Docente/i
Ricevimento:
giovedì ore 11,30-13,30
aula 9- 2° piano via Conservatorio, 7
Ricevimento:
Venerdì 9-12
Stanza 16, secondo piano, via Conservatorio 7/MS- TEAMS (previo appuntamento via mail in entrambe le modalità)