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Johns Hopkins University | AS.180.357

Numerical Simulations for Merger and Competition Policy

3.0

credits

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(-1)

This course discusses several empirical and numerical methods used in economics and then applies them to the analysis of recent antitrust issues. Specifically, we learn estimation of demand and supply, and computation of equilibrium of oligopolistic models. Then, we apply these methods to simulating mergers, which were recently proposed or already took place in the US and Europe. We evaluate the welfare impact of these mergers. To perform these analyses, we use STATA and MATLAB, but prior knowledge of these software is not required. If time allows, we will also cover other topics in antitrust, such as detecting collusion/cartels.

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