Professor Savage focuses on empirical questions in industrial organization and telecommunications. He is currently studying entry, competition and pricing in communications markets, and consumer preferences for broadband, news media and privacy.
ECON 4070 - Topics in Microeconomics
Spring 2018 / Fall 2019 / Fall 2020 / Spring 2021 / Fall 2021
Studies utility maximization under uncertainty, risk, game theory, moral hazard, and adverse selection. Applications include insurance markets and the theory of contracts.
ECON 4697 - Industrial Organization and Regulation
Fall 2018 / Fall 2019 / Fall 2020
Explores neoclassical theory of the firm, the determinants of industrial structure, and the purposes and institutions of public policy to control or maintain a competitive environment.
ECON 8757 - Industrial Organization and Public Policy
Spring 2019 / Spring 2021
Addresses the theory of interaction of firms within markets and industries, emphasizing importance of the number, relative size of firms, market institution, firm strategies and nature of consumer demand. Examines neoclassical and game theoretic models, empirical industry studies and laboratory tests of theoretical models and policies.
TLEN 5010 - Network Economics and Finance I
Introduces students to the fundamental theoretical framework and tools used by economists to examine decision making under scarcity. Reviews mathematical economics and models. Examines consumer choice and firm supply. These two aspects of the market are brought together to examine how price and output are determined in competitive and imperfectly competitive markets. Introduces financial economics, network effects and public goods. Formerly TLEN 5010.