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|| TINBERGEN INSTITUTE || ERASMUS UNIVERSITY ROTTERDAM || Tinbergen Institute Ph. D. Programme
Many markets of interest are dominated by a few firms. These firms, among other things, choose prices, products, qualities, advertising and make investments in R\&D. These choices have far reaching effects on the economy and more generally on our societies. This course presents an approach -based on strategic decision making- for understanding the functioning of firms in such markets. We also use this approach to clarify the role of the government in regulating economic activity.
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