MARKETS, REGULATIONS AND LAW
Obiettivi formativi
This course aims to provide students with tools to critically assess the impact of law and regulation on markets and business performance, as well as basic knowledge on competition analysis and antitrust.
The course also aims to develop the presentation and communication skills of the students.
Risultati di apprendimento attesi
After studying this course, the student should be able to:
Demonstrate a critical understanding of the behavior of individual and collective agents.
Demonstrate a general knowledge of the origins, structure and functioning of legal systems, also in conjunction with market development.
Compare different legal systems and their development.
Demonstrate an awareness of the impact of law on markets and business performance.
Demonstrate a general knowledge of the main theories and types of economic regulation.
Identify, explain and critically assess key legal and regulatory issues relevant to market and business practice in general and in specific industries.
Contenuti Del Corso
Cognitive and behavioral approaches to individual and collective economic agents
Assessment of market structures and perspectives
Law and legal systems
Law & Economics
General theory of regulation
Regulatory framework of specific industries
Economics and regulation of money
Antitrust and competition law.
Testi Di Riferimento
Class presentations and further readings indicated in the presentations.
Metodologie Didattiche
Front teaching, case discussion.
Modalità di verifica dell'apprendimento
Participation in classes, multiple-choice quizzes, individual writing assignment.
Criteri per l’assegnazione dell’elaborato finale
Relevance of the proposed topic.
Il syllabus affronta temi collegati alla sostenibilità?
No
Settimana 1
Course outline & syllabus discussion.
Models of agents and decision theories.
Settimana 2
Markets: from exchanges to trade, market development and social institutions.
Market structures and perspectives.
Settimana 3
Law: history, theories, legal reasoning and market concepts.
Law & Economics / Economic Analysis of Law
Settimana 4
Regulation: general theory.
Types of economic regulation.
Settimana 5
Regulation: network industries and platforms, liberalization, pricing policies.
Settimana 6
Regulation of emerging digital technologies
Settimana 7
Competition and antitrust: general introduction
Settimana 8
US Antitrust
Settimana 9
EU Antitrust
Settimana 10
Digital currencies as a case-study of competition and regulation
Settimana 11
Pharma markets as a case-study of competition and regulation
Settimana 12
Presentation of course-related research papers delivered by the students