This course describes the structure of competition, regulation and anti-trust policy in Canada, the U.S. and the E.U. Beginning with the development of traditional models of competition and regulation as well as an introduction to anti-trust methods, a set of analytic tools applicable to modern regulatory analysis will be developed, including contestability theory, auction theory, mechanism design and an overview of structural econometric modeling for regulatory analysis. The course will also examine the role and behavior of key regulatory and anti-trust agencies. While applicable to a vast number of industries, where possible analysis will focus on agricultural applications of the methods and policies. Weekly hours: 3 Lecture hoursPrerequisite(s): AREC 262.3 and AREC 342.3 or permission of the instructor. Note: Students with credit for BPBE 445 will not receive credit for this course.
This course describes the structure of competition, regulation and anti-trust policy in Canada, the U.S. and the E.U. Beginning with the development of traditional models of competition and regulation as well as an introduction to anti-trust methods, a set of analytic tools applicable to modern regulatory analysis will be developed, including contestability theory, auction theory, mechanism design and an overview of structural econometric modeling for regulatory analysis. The course will also examine the role and behavior of key regulatory and anti-trust agencies. While applicable to a vast number of industries, where possible analysis will focus on agricultural applications of the methods and policies. Weekly hours: 3 Lecture hoursPrerequisite(s): AREC 262.3 and AREC 342.3 or permission of the instructor. Note: Students with credit for BPBE 445 will not receive credit for this course.
