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 | Part I: Review of Firm Behavior and Market Theory |  | 
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 | 1 |  |  |  | The Role of Government. |  |  |  | Viscusi, W. Kip, John M. Vernon, and Joseph E. Harrington. Economics of Regulation and Antitrust. 3rd Ed. Chaps. 1 and 2. (Hereafter "VVH".) |  |  |  |  |  | 
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 | 2 |  |  |  | Markets. |  |  |  | VVH. Chap. 4. |  |  |  |  |  | 
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 | 3 |  |  |  | Markets cont’d. |  |  |  | VVH. Chap. 5. |  |  |  |  |  | 
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 | 4 |  |  |  | The Dominant Firm and Strategic Competition. |  |  |  | VVH. Chap. 6. |  |  |  |  |  | 
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 | Part II: Economic Regulation |  | 
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 | 5 |  |  |  | Introduction to Economic Regulation. |  |  |  | VVH. Chap. 10. |  |  |  |  |  | 
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 | 6 |  |  |  | Public Enterprise. |  |  |  | VVH. Chap. 14. |  |  |  |  |  | 
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 | 7 |  |  |  | Regulating Natural Monopolies: Electric Power Example. |  |  |  | VVH. Chaps. 11 and 12. |  |  |  |  |  | 
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 | 8 |  |  |  | Franchise Bidding: The Case of Cable Television. |  |  |  | VVH. Chap. 13. |  |  |  |  |  | 
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 | 9 |  |  |  | Dynamic Issues in Natural Monopoly Regulation: Telecommunication Example. |  |  |  | VVH. Chap. 15. |  |  |  |  |  | 
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 | 10 |  |  |  | Dynamic Issues in Natural Monopoly Regulation: Telecommunication Example 2. |  |  |  | Council of Economic Advisors. Appendix 2: "Case Study of Finnish Wireless Cluster."
   Klemperer, P. "How (not) to Run Auctions: The European 3G Telecom Auctions." Pp. 829-845.  |  |  |  |  |  | 
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 | 11 |  |  |  | Transportation Regulation. |  |  |  | VVH. Chap. 17. |  |  |  |  |  | 
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 | 12 |  |  |  | Review for Midterm Examination. |  |  |  |  |  |  |  |  |  | 
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 | 13 |  |  |  |  |  |  |  |  |  |  |  | Midterm Examination in Class, Closed Book. |  | 
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 | 14 |  |  |  |  |  |  |  |  |  |  |  | Midterm Examinations Returned. |  | 
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 | 15 |  |  |  | Problems of Regulation: The Case of UK Railway Privatisation. |  |  |  | Pollitt, M. G., and A. J. Smith. "The Restructuring and Privatisation of British Rail: Was it really that bad?" Pp. 463-502. |  |  |  |  |  | 
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 | 16 |  |  |  | Problems of Regulation: The Case of Californian Electricity Deregulation. |  |  |  | Joskow, P. "California’s Electricity Crisis." Pp. 365-388. |  |  |  |  |  | 
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 | Part III: Social Regulation  |  | 
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 | 17 |  |  |  | Externalities. |  |  |  | VVH. Chap. 19. |  |  |  |  |  | 
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 | 18 |  |  |  | The Value of Life. |  |  |  | VVH. Chap. 20. |  |  |  |  |  | 
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 | 19 |  |  |  | Environmental Regulation 1. |  |  |  | VVH. Chap. 21.
   Hahn, Robert W. "Economic Prescriptions for Environmental Problems: How the Patient Followed the Doctor's Orders." Pp. 95-114.  |  |  |  |  |  | 
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 | 20 |  |  |  | Environmental Regulation 2: Markets for Clean Air. |  |  |  | Joskow, P. L., R. Schmalensee, and E. M. Bailey. "The Market for Sulfur Dioxide Emissions." Pp. 669-85. |  |  |  |  |  | 
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 | 21 |  |  |  | Environmental Regulation 3: Regulating the Global Commons. |  |  |  | Chichilinisky, G., and G. Heal. "Global Environmental Risks." Pp. 65-86. |  |  |  |  |  | 
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 | 22 |  |  |  | The Regulation of Workplace Safety. |  |  |  | VVH. Chap. 23. |  |  |  |  |  | 
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 | 23 |  |  |  | Pharmaceuticals. |  |  |  | VVH. Chap. 24. |  |  |  |  |  | 
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 | 24 |  |  |  | Regulation of the Internet: Should the State have Protected Napster? |  |  |  | Klein, B., A. V. Lerner, and K. M. Murphy. "The Economics of Copyright 'Fair Use' in a Networked World." Pp. 204-208.
  Boldrin, M., and D. Levine. "The Case Against Intellectual Property." Pp. 209-212.
   Silva, F., and G. B. Ramello. "Sound Recording Market: The Ambiguous Case of Copyright and Piracy." Pp. 415-442.  |  |  |  |  |  | 
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 | 25 |  |  |  | Conclusion. Revision for Final Exam. |  |  |  |  |  |  |  |  |  | 
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 | 26 |  |  |  |  |  |  |  |  |  |  |  | Final Exam. |  | 
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