LMU Competition & Strategy (ISTO)
11 episodes - English - Latest episode: about 5 years ago -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.
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Episodes
02. Competitors and Competition
April 18, 2019 19:02 - 1 hour - 285 MB VideoAgenda: Chocolate Wars, Competitor Analysis and Game Theory, Nash Equilibirium, Prisoner's Dilemma, Corunot Game, Credible Threats
05. Competition Policy
April 18, 2019 19:01 - 1 hour - 314 MB VideoAgenda: Competition Policy Instruments, Ban on Cartels, Abuse Control, Merger Control, Competition Authorities
03. Cooperation
April 18, 2019 19:00 - 1 hour - 222 MB VideoAgenda: Why Cooperation?, Complementarity, Repeated Games, Commitment
04. Market Entry
April 18, 2019 19:00 - 1 hour - 325 MB VideoAgenda: Market Attractiveness, Entry Barriers, Entrant's Advantages, Entry Strategies, Incumbent Strategies
01. Introduction
April 18, 2019 18:58 - 59 minutes - 147 MB VideoAgenda: The Story of AMD and Intel, What is Competition?, What is Strategy?
06. Complements / Switching Costs
April 18, 2019 18:55 - 1 hour - 195 MB VideoAgenda: Definition of Complements, Strategies for Complements, Types of Swichting Costs, Customer Value and Switching Costs, Effects of Switching Costs on Industry Equilibrium
08. Product Differentiation
April 18, 2019 18:53 - 1 hour - 259 MB VideoAgenda: Bertrand Paradox, Consumer Preferences, Horizontal Differentiation, Vertical Differentiation, Porter's Generic Strategies, Ambidexterity
07.a Network Effects and Standards
April 18, 2019 18:53 - 39 minutes - 82.5 MB VideoAgenda: Direct Network Effects, Indirect Network Effects, Utility Function, Critical Mass, Compatibility & Standards, Market Structure
11. Mergers and Acquisitions
April 18, 2019 18:52 - 1 hour - 102 MB VideoAgenda: What are M&As?, Goals of M&As, M&A Process, Success of M&As, Alternatives to M&As
09. Price Discrimination
April 18, 2019 18:51 - 1 hour - 178 MB VideoAgenda: Why Price Discrimination?, First Degree Price Discrimination, Second Degree Price Discrimination, Third Degree Price Discrimination, Intertemporal Pricing
10. Horizontal and Vertical Firm Boundaries
April 18, 2019 18:48 - 1 hour - 226 MB VideoAgenda: Economies of Scale, Economies of Scope, Diseconomies of Scale & Scope, Reasons to Buy or Make, Double Marginalization, Strategy and Governance Fit