Instructors Frank Verboven, Professor of Economics, KU Leuven
Christos Genakos, Professor of Economics, University of Cambridge
Teaching Assistant Adriaan Imhof, PhD Student, KU Leuven

Course aims and overview

The aim of the course is to introduce the Summer School participants to the fundamental models of demand and entry used in empirical industrial organization and their extensions to date. The afternoon computer-lab sessions are an important part of the course, where the participants will gain hands-on experience in applying the theoretical models on standard datasets.

Outline

  1. Day 1 (Frank Verboven)
    • Lecture: Introduction to demand estimation
      This will cover logit models, both micro-level and aggregate, and then extend to nested logit for aggregate models.
    • Lab: Logit and nested logit models
  2. Day 2 (Frank Verboven)
    • Lecture: Advanced demand estimation
      This will cover aggregate BLP models and applications for further illustration.
    • Lab: BLP demand estimation
  3. Day 3 (Frank Verboven)
    • Lecture: Empirical models of entry
      This will start with reduced-form analysis to study the impact of entry and then cover market-level models of entry.
    • Lab: Empirical entry analysis, part 1
  4. Day 4 (Frank Verboven)
    • Lecture: Entry models and moment inequalities
      This will cover models of entry with multiple types and moment inequalities, with further applications for illustration.
    • Lab: Empirical entry analysis, part 2
  5. Day 5 (Christos Genakos)
    • Lecture: What can Greek islands teach us about pass-through and competition?

Morning Lectures

Summer school lectures start on Monday until Friday. The lectures are divided into two morning sessions and they take place in Room A2-3 on the ground floor of the Economics Building as follows:

  • Morning Session 1: 09:00-11:00
  • Morning Session 2: 11:30-13:30

Computer Practicums

Computer practicums will take place in the afternoon from Monday to Friday (except Wednesday afternoon) in the Computer Lab which is located next to the Economics Building on the way to Student's Halls and University Campus Restaurant:

  • Afternoon Lab Session: 15:30-17:30

Breakfast, Lunches and Coffee Breaks

Breakfast and lunches will take place in the VIP Room of the University Campus Restaurant with the following schedule:

  • Breakfast: 08:00-09:00 from Monday to Friday
  • Lunch: 14:00-15:00 from Monday to Friday

Two coffee breaks will be available outside the Economics Building between the two morning lectures at 11:00-11:30 and right before the computer practicum at 15:00-15:30 every day from Monday to Friday.

Social Programme

Reflecting ASSEE enterprising approach, alongside the teaching and learning our Summer School also offers a unique programme of social events. The programme offered is included in the tuition fee and allows students to socialise, relax and have fun through a range of activities. Our programme includes:

  • A  Welcome Reception on Monday evening in a lovely local restaurant.
  • A Farewel Dinner on Friday evening in a traditional Cretan taverna