Professional Documents
Culture Documents
READINGS
Read carefully the articles in bold before each class meeting!!! You may skim through
the other articles, but it is best if you also read them carefully.
PRESENTATIONS
Each student will be responsible for preparing three or four 30-40 minute presentations of
papers from the reading list.
Journals:
Class schedule
• Tirole, Ch. 1
• F. Gul, H. Sonnenschein, and R. Wilson, "Foundations of Dynamic
Monopoly and the Coase Conjecture," JET 39, pp. 155-190. (Not available
online, but I’ll have a hard copy ready one week before class)
• D. Fudenberg and J. Tirole, "Upgrades, Trade-ins, and Buybacks," RJE 29,
pp. 235-258.
Weeks 8. Entry
• Tirole, 7.1-7.2.
• T. Bresnahan and P. Reiss, "Entry and Competition in Concentrated
Markets" JPE 99, pp. 977-1009.
• S. Berry and J. Waldfogel, "Free Entry and Social Inefficiency in Radio
Broadcasting" RJE 30, pp. 397-420.
• P. Golder and G. Tellis, "Pioneer Advantage: Marketing Logic or Marketing
Legend," JMR, 30, pp. 158-170.
Managerial Incentives
• Tirole, pp. 34-55.
• B. Holmstrom, "Managerial Incentive Problems--A Dynamic Perspective"
REStud 66, pp. 169-182.
• C. Fershtman and K. Judd, "Equilibrium Incentives in Oligopoly," AER 77,
pp. 927-940.
• R. Masson, "Executive Motivation, Earnings, and Consequent Equity
Performance," JPE 79, Dec 1971, pp. 1278-1292.
• J. Chevalier and G. Ellison, "Career Concerns of Mutual Fund Managers"
QJE 114, pp. 389-432.