Podcasts by LMU Competition
This course focuses on an applied analysis of competition. Important concepts from industrial organization, game theory, product life-cycle analysis, and industry evolution are discussed. Additionally, important characteristics of network industries such as network effects and standard setting are considered. The concept of competition used in this course is interpreted broadly and also encompasses the analysis of strategic cooperation between firms.
Further podcasts by Prof. Dr. Tobias Kretschmer
Podcast on the topic Wirtschaft
All episodes
02. Competitors and Competition from 2019-04-18T19:02:50
Agenda: Chocolate Wars, Competitor Analysis and Game Theory, Nash Equilibirium, Prisoner's Dilemma, Corunot Game, Credible Threats
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05. Competition Policy from 2019-04-18T19:01:50
Agenda: Competition Policy Instruments, Ban on Cartels, Abuse Control, Merger Control, Competition Authorities
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03. Cooperation from 2019-04-18T19:00:11
Agenda: Why Cooperation?, Complementarity, Repeated Games, Commitment
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04. Market Entry from 2019-04-18T19:00
Agenda: Market Attractiveness, Entry Barriers, Entrant's Advantages, Entry Strategies, Incumbent Strategies
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01. Introduction from 2019-04-18T18:58:27
Agenda: The Story of AMD and Intel, What is Competition?, What is Strategy?
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06. Complements / Switching Costs from 2019-04-18T18:55:25
Agenda: Definition of Complements, Strategies for Complements, Types of Swichting Costs, Customer Value and Switching Costs, Effects of Switching Costs on Industry Equilibrium
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08. Product Differentiation from 2019-04-18T18:53:50
Agenda: Bertrand Paradox, Consumer Preferences, Horizontal Differentiation, Vertical Differentiation, Porter's Generic Strategies, Ambidexterity
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07.a Network Effects and Standards from 2019-04-18T18:53:44
Agenda: Direct Network Effects, Indirect Network Effects, Utility Function, Critical Mass, Compatibility&Standards, Market Structure
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11. Mergers and Acquisitions from 2019-04-18T18:52:43
Agenda: What are M&As?, Goals of M&As, M&A Process, Success of M&As, Alternatives to M&As
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09. Price Discrimination from 2019-04-18T18:51:33
Agenda: Why Price Discrimination?, First Degree Price Discrimination, Second Degree Price Discrimination, Third Degree Price Discrimination, Intertemporal Pricing
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10. Horizontal and Vertical Firm Boundaries from 2019-04-18T18:48:59
Agenda: Economies of Scale, Economies of Scope, Diseconomies of Scale&Scope, Reasons to Buy or Make, Double Marginalization, Strategy and Governance Fit
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