The course will provide participants with:
· Analytical tools to examine the strategic behaviour of firms in oligopolistic markets
· Frameworks to understand the nature, characteristics, and managerial implications of industrial competition
· The ability to recognise and interpret the competitive strategies adopted by firms
· Methodologies to analyse market entry and exit dynamics in both oligopolistic and non-oligopolistic contexts
· Knowledge to assess the characteristics and limitations of the neoclassical theory of the firm, as well as the main alternative theories
· Tools to understand the decision-making processes of firms, managers, and consumers under conditions of high uncertainty
· The ability to identify heuristics and cognitive biases that influence managerial and consumer decisions
· Techniques to enhance the quality of individual, group, and organisational decision-making
· Tools to manage uncertainty and foster innovation in complex environments
· Skills to integrate economic theory with managerial practice to support more informed and effective decisions