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Solideconometricsbackgroundisuseful.  x Thecoursewillcoverrecentdevelopmentsinthefieldincludingdynamicsandprice  J discrimination.WewillalsosurveyIOpapersthatwerepresentedasjobmarketpapersinthe 3  lastfewyears.Weareopentoothertopicsstudentsmightbeinterestedin. v  Thecoursewillbegradedonthebasisofproblemsetsandclasspresentation.#X9XXX9#X9XXX9 H  Coursewebpage:4# | O  5  http://www.faculty.econ.northwestern.edu/faculty/nevo/teaching/498-2.html6O&  7 \"T     #X9XXX9#1.DynamicModels!SingleAgent  {  Methods  e   Judd,Ken.1998.NumericalMethodsinEconomics,MITPress. 8   Rust,John.1996. StructuralEstimationofMarkovDecisionProcesses,Handbookof d  Econometrics,Volume4,Chapter51. M   Rust,John.1996. NumericalDynamicProgramminginEconomics,inH.Amman,D.  Kendrick,andJ.Rust(eds.),HandbookofComputationalEconomics,Volume1,619-729.    Rust,John.1997 UsingRandomizationtoBreaktheCurseofDimensionality,  Econometrica65(3),487516.  i   Keane,MichaelandKenWolpin.1994. TheSolutionandEstimationofDiscreteChoice "; DynamicProgrammingModelsbySimulationandInterpolation:MonteCarloEvidence,Review ~#$  ofEconomicsandStatistics,76(4),648-72. g$ !   Eckstein,ZviandKennethWolpin.1989. TheSpecificationandEstimationofDynamic 9&# StochasticDiscreteChoiceModels,JournalofHumanResources,24,56298. "' $   Hotz,JoeandBobMiller.1993. ConditionalChoiceProbabilitiesandtheEstimationof ("& DynamicModels,ReviewofEconomicStudies60,497529. )#'   Aguirregabiria,VictorandPedroMira.2002. SwappingtheNestedFixedPointAlgorithm: +U%) AClassofEstimatorsforDiscreteMarkovDecisionModels,Econometrica,70(4),15191543 ,>&*        `  Applications     Rust,John.1987. 4l2 O  5  OptimalReplacementofGMCBusEngines:AnEmpiricalModelof  HaroldZurcher6Oonom  7l G,Econometrica,55(5),999-1033. |   Pakes,Ariel.1986. 4q O  5  PatentsasOptions:SomeEstimatesoftheValueofHoldingEuropean N PatentStocks6nOonom  7l,Econometrica,54(4),755784. 7 w   Hitsch,Guenter.2001. EstimatingaBayesianLearningModelofProductLaunchand  I ProductExitUniversityofChicagoGSB,mimeo.  2    Erdem,TulinandMichaelKeane.1996. DecisionMakingUnderUncertainty:Capturing    DynamicBrandChoiceProcessesinTurbulentConsumerGoodsMarkets,MarketingScience,   15(1),120.     Ackerberg,Dan.1997. Advertising,Learning,andConsumerChoiceinExperienceGood h  Markets:AnEmpiricalExamination,mimeo. Q   Hendel,IgalandAvivNevo.2003. 4 O  5  MeasuringtheImplicationsofSalesandConsumer #c Stockpiling6nO  7 J.NorthwesternUniversity.Mimeo.  L  2.DynamicModels!MultiAgentModels     Dunne,T.,MarkRobertsandLarrySamuelson.1988. PatternsofEntryandExitinU.S.  Manufacturing,RandJournalofEconomics19(Winter):495515.    Ericson,RichardandArielPakes.1995. MarkovPerfectIndustryDynamics:AFramework U forEmpiricalWork,ReviewofEconomicStudies62(January):5382. >~   Pakes,ArielandPaulMcGuire.1994. 4ZO  5  ComputingMarkovperfectNashEquilibria: P NumericalImplicationsofaDynamicDifferentiatedProductModel6O4(6)  7,,RandJournalofEconomics 9 25(Winter):555589.  "    Pakes,ArielandPaulMcGuire.2000. StochasticAlgorithms,SymmetricMarkovPerfect "" Equilibriaandthe'Curse'ofDimensionality,Econometrica69(5):126181. ##   Pakes,Ariel.2000. 4ss O  5  AFrameworkforAppliedDynamicAnalysisinI.O6_OsndE  7ss.,NBERWPno. o%!% 8024. X&"&   Benkard,Lanier.2004. ADynamicAnalysisoftheMarketforWideBodiedCommercial *(j$( AircraftMarket,ReviewofEconomicsStudies. )S%)   Pesendorfer,MartinandPhilippSchmitDengler.2004.X9XXX94 O  5  LeastSquaresEstimatorsfor *%'+ DynamicGames6O  7 ,LSE. +(, #X9XXX9z# ,(-   Aguirregabiria,VictorandPedroMira.2002.X9XXX94 O  5  SequentialEstimationofDynamicDiscrete  Games6'O;  7 i,BU.  #X9XXX9#  Bajari,Pat,LanierBenkard,andJonLevin.2004.4 UO  5  EstimatingDynamicModelsofImperfect { Competition6O  7 ,Duke. d   Berry,Steven,ArielPakesandMichaelObstrovsky.2004.4 O  5  SimpleEstimatorsforthe 6 v ParametersofDiscreteDynamicGames6O  7 , ,Harvard.  _  X9XXX93.CompetitionandPriceDispersion    CompetitionandPriceDiscrimination        SeverinBorenstein.1985., PriceDiscriminationinFreeEntryMarkets.RANDJournalof   Economics,16,380397.     Holmes,T.J.1989. TheEffectsofThirdDegreePriceDiscriminationinOligopoly. U AmericanEconomicReview,79,24450. >~   KenCorts.1998. ThirdDegreePriceDiscriminationinOligopoly:AllOutCompetition P andStrategicCommitment.RANDJournalofEconomics,29,306323. 9    Borenstein,SeverinandNancyRose.1994. CompetitionandPriceDispersionintheU.S.   AirlineIndustry,JournalofPoliticalEconomy102(August):65383.    MeghanBusseandMarcRysman.2002. 4 O  5  CompetitionandPriceDiscriminationinYellow  PagesAdvertising6$O%ligo  7an` /%,UCBerkeleymimeo. p   Miravete,EuginoandLarsHendrikRoller.2003. 4ly*O  5  CompetitiveNonlinearPricingin B DuopolyEquilibrium:TheEarlyCellularTelephoneIndustry6T&Oh&arke  7lyc&.UniversityofPennsylvania.Mimeo.  +k  Lossleaders #X9XXX9 #X9XXX9 =   RajivLalandCarmenMatutes.1994. RetailPricingandAdvertisingStrategies.Journal !! ofBusiness,67,345370. ""   GlennEllison.2003. 4 O  5  AModelofAddOnPricing6(O)vers  7U1).NBERWPNo.9721. $ $   JamesMacDonald.2000. Demand,Information,andCompetition:WhyDoFoodPricesFall ]&"& atSeasonalDemandPeaks?JournalofIndustrialEconomics,48(1),2745. F'#'   Chevalier,Judy,AnilKashyapandPeterRossi.2003. WhyDontPricesRiseDuring )X%) PeriodsofPeakDemand?EvidencefromScannerData,AmericanEconomicReview,93(1),1537. *A&*    GlennEllisonandSaraEllison, 4pe'O  5  Search,Obfuscation,andPriceElasticitiesontheInternet6+O+tive  7pe"),, +(, MITmimeo.#X9XXX9'# ,(- Ї Search     PeterDiamond.1971. AModelofPriceAdjustment,JournalofEconomicTheory,3,156  168.    HalVarian.1980. AModelofSales,AmericanEconomicReview,70,651658. e   DaleStahl.1996. 45  4      4.      4      OligopolisticPricingwithHeterogeneousConsumerSearch6.O  7"., 7 w InternationalJournalofIndustrialOrganization,14,243268.  `   PrestonMcAfee.1995. MultiproductEquilibriumPriceDispersion,JournalofEconomic  2  Theory,67(1),83105.      AlanSorensen.2000., 4peO  5  EquilibriumPriceDispersioninRetailMarketsforPrescription   Drugs6O1Oc1i|  7pe1,JournalofPoliticalEconomy,108(August),833850.     MattLewis,4 O  5  AsymmetricPriceAdjustmentandConsumerSearch:AnExaminationofthe h  RetailGasolineMarket62O2Pat  7 2,Berkeley. Q  4.RecentJobmarketpapers  L  05:  StephenP.Ryan,4 > O  5  TheCostsofEnvironmentalRegulationinaConcentratedIndustry6R4Of4  7 $4,DukeU.  SchmidtDengler,Philipp,4 I O  5  TheTimingofNewTechnologyAdoption:TheCaseofMRI6p5O5  7 5!5,Yale  University.  SuilLee,4 O  5  MeasuringtheEffectsofUniformSettlementRateRequirementintheInternational U TelephoneIndustry66O6  7 6,"UWMadison. >~ Ho,Katherine,4 ~ O  5  InsurerProviderNetworksintheMedicalCareMarket67O7  7 #8,HarvardUniversity. P Ishii,Joy,4 O  5  InterconnectionPricingandCompatibilityinNetworkIndustries:ATMNetworksinthe  "  BankingIndustry68O9  7  39,HarvardUniversity. ! ! Gavazza,Alessandro,X9XXX94 O  5  LeasingandSecondaryMarkets:TheoryandEvidencefromCommercial ## Aviation6n:O:  7 l:,NYU. $ $ #X9XXX9O:#04: X&"& Gentzkow,Matthew,4 Q O  5  ValuingNewGoodsinaModelwithComplementarities:OnlineNewspapers6;O;  7 "<, A'#' GSBChicago. *(j$( Asker,John,4 O  5  MeasuringAdvantagesfromExclusiveDealing6=O'=  7 U=,NYU.Stern. )<&* Sweeting,Andrew,4 O  5  CoordinationGames,MultipleEquilibriaandtheTimingofRadioCommercials6>O+>  7 "Y>, +(, NWU ,(- Ї03:  Watson,Randal,X9XXX94  O  5  Productvarietyandcompetitionintheretailmarketforeyeglasses6~?O?  7 ?,Texas.  #X9XXX9_?#Hartmann,Wesley,4 ! O  5  IntertemporalEffectsofConsumptionandTheirImplicationsforDemand { ElasticityEstimates6@O@  7 @,Stanford. d   02: 6 v Liran,Einav,4 O  5  GrossSeasonalityandUnderlyingSeasonality:EvidencefromtheU.S.MotionPicture  _ Industry6 BO4B  7 @bB,Stanford.  H VillasBoas,Sofia,4 y O  5  VerticalContractsBetweenManufacturersandRetailers:InferenceWithLimited    Data6jCO~C  7 (C,Berkeley.    01:   Mortimer,Julie,4 O  5  VerticalContractsintheVideoRentalIndustry6DOD  7 E,Harvard. ~  Hortacsu,Ali,4 . O  5  MechanismChoiceandStrategicBiddinginDivisibleGoodAuctions:AnEmpirical P AnalysisoftheTurkishTreasuryAuctionMarket6EOE  7 F,Chicago. 9y Hastings,Justine,4 o O  5  VerticalRelationshipsandCompetitioninRetailGasolineMarkets:Empirical  K EvidencefromContractChangesinSouthernCalifornia6.GOBG  7 <pG,forthcomingAER. 4 Seim,Katja,4 O  5  AnEmpiricalModelofFirmEntrywithEndogenousProductTypeChoices6HOH  7 + H,Stanfod.  Melnikov,Oleg,MarkovperfectDynamicsofaDifferentiatedDurableProductsOligopoly,Cornell.  ArieBeresteanu,4   O  5  ԀNonparametricanalysisofcostcomplementaritiesinthetelecommunication j industry6>JORJ  7 :J,Duke. S McManus,4 E5  4      NonlinearPricinginanOligopolyMarket:theCaseofSpecialtyCoffee6pKO  7 K,Washington %e University. N Syverson,Chad,4 O  5  MarketStructureandProductivity:AConcreteExample6LOL  7 +M,forthcomingJPE.    00: "" Manuszak,Mark,FirmConductintheHawaiianRetailGasolineIndustry,CarnegieMellon. ## Jin,Ginger,4 O  5  CompetitionandDisclosureIncentives:AnEmpiricalStudyofHMOs6}NON  7 N,forthcoming m%!% RANDJournalofEconomics V&"& 99: &(f$( Rysman,Marc,4  O  5  CompetitionBetweenNetworks:AStudyoftheMarketforYellowPages6OOO  7 "P,RES. )O%) Sorenson,Alan,EquilibriumPriceDispersioninRetailMarketsforPrescriptionDrugs,JPE. *!'+ 4