Economics of regulation and competition law (2012/2013)

Course code
4S02500
Credits
9
Coordinator
Claudio Zoli
Teaching is organised as follows:
Unit Credits Academic sector Period Academic staff
ECONOMIA DELLA REGOLAMENTAZIONE E DIRITTO DELLA CONCORRENZA(MOD.1) 5 SECS-P/03-PUBLIC ECONOMICS primo semestre Claudio Zoli
ECONOMIA DELLA REGOLAMENTAZIONE E DIRITTO DELLA CONCORRENZA(MOD.2) 4 IUS/05-ECONOMICS LAW primo semestre Anna Genovese

Learning outcomes

Module: ECONOMIA DELLA REGOLAMENTAZIONE E DIRITTO DELLA CONCORRENZA(MOD.1)
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The aim of the course is to provide students with rigorous economic tools for the analysis of competition and regulation policies. The entire course will integrate the economic analysis and the competition law perspective.
We will analyse and discuss the economic motivations underlying public intervention for regulation of markets and with particular interest on the analysis of the main regulatory tools and on economic issues underlying antitrust policies. In the first part of the module we will focus on the analysis of auctions and procurement mechanisms.
At completion of the course students should be able to:
- Understand and evaluate critically the justifications for the public intervention in the regulation of markets.
- Analyse and assess rigorously the economic implications of auction and procurement mechanisms.


Module: ECONOMIA DELLA REGOLAMENTAZIONE E DIRITTO DELLA CONCORRENZA(MOD.2)
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The second part of the course examines the complex and multifaceted relation between competitive markets and legal systems. It seeks to provide an in-depth understanding of the double aim pursued through law and regulation in this field. The first task is to protect and promote the competition logic in relation to private and public economic activities. The second is to balance economic liberties and free competition with other conflicting public interests.

Syllabus

Module: ECONOMIA DELLA REGOLAMENTAZIONE E DIRITTO DELLA CONCORRENZA(MOD.1)
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non disponibile


Module: ECONOMIA DELLA REGOLAMENTAZIONE E DIRITTO DELLA CONCORRENZA(MOD.2)
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non disponibile

Assessment methods and criteria

Module: ECONOMIA DELLA REGOLAMENTAZIONE E DIRITTO DELLA CONCORRENZA(MOD.1)
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Written exam.
Students should be able to demonstrate:
- Understanding and mastering of the relevant aspects of game theory and their application to the analysis of strategic behaviour of firms. In particular students should be able to apply these concepts to both numerical problems and case studies related to the definition of optimal pricing and quality strategies for firms in general auctions or procurement auctions.
- To be able to presenting their arguments rigorously in a limited amount of time by identifying and selecting the relevant aspects to focus on.
- To have acquired appropriate competence on the issues discussed in the module, so that to be able to apply the related concepts to the analysis of case studies.
- To be able, when necessary or required, to integrate the economic concepts with law notions discussed in the Competition Law module.
The exam is composed by open questions, exercises and brief analysis of case studies. Each question can be divided into sections that may cover all these method of evaluation. The contribution of each question to the final evaluation is made explicit in the exam.
A sample copy of exam paper is available at the e-learning web page of the module.


Module: ECONOMIA DELLA REGOLAMENTAZIONE E DIRITTO DELLA CONCORRENZA(MOD.2)
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The exam is written. It tests student confidence in studying the complex topic of antitrust law and student knowledge in field of italiana and european competition law.
The questions are formulate so as to check even the capabilities that allow students to continue studying independently the topic of antitrust law.
The answers of the students must demonstrate the student's ability to understand the importance of antitrust law in the management of enterprises.
Sample copy of exam paper available at the e-learning web page of the module.