PhD Students

I served as the advisor for several PhD Students, in particular:

Jim Ostler first accepted a position as assistant professor at the Ross School of Business at the University of Michigan.

George Georgiadis first accepted a position as post-doc at Caltech followed by a position as assistant professor at the Department of Economics at Boston University. He is now at Northwestern Kellogg.

Shaun Davies accepted a position as assistant professor at the Leeds School of Business at the University of Colorado Boulder.

PhD Courses

I previously taught a PhD course in Organizational Economics. The syllabus can be found here.

MBA Courses

Since arriving at Yale SOM I have won the Elective Teaching Award in every year of eligibility (2014, 2018).

Together with Fiona Scott Morton and Kevin Williams I teach the elective courses in Competitive Strategy (MGT 525) and Competition Economics & Policy (MGT 589).

Together with Shane Frederick I teach the elective course in Behavioral Economics (MGT 854) which is also integrated with Nick Barberis's Behavioral Finance course.

I have taught several executive education sessions on competitive strategy, executive compensation, and behavioral finance.

I tweet about teaching- and research-related issues with the Twitter handle @florianederer. One of my favorite policy issues is the increasing consolidation of the US ski resort industry and the rising cost of US resort skiing. Luckily, backcountry skiing is only mildly affected by this trend.

The Wire

In my teaching I often draw on economics and strategy examples from the television drama series The Wire, in particular the character Stringer Bell. Over the years many students and faculty colleagues have asked for more of these extracts. If you would like to have the complete list (including clips from Mad Men, Breaking Bad, Allen Iverson, The Daily Show and some game shows) please feel free to email me.

Below are a few examples which illustrate some of the concepts I teach in my course. Please note that many of the extracts contain explicit language so you should warn your students before showing these clips.

Stringer Bell learns about the price elasticity of demand and its implications for the optimal pricing (and quality provision) rule. He immediately puts his new knowledge to work in this clip:

Stringer Bell is confronted with inferior drug supply as his drug product has become too weak. Some of his workers now suggest horizontal product differentiation and brand proliferation:

Thanks to a new upstream supplier Stringer Bell succeeded in vertically differentiating his product. As a result he now extols the virtues of focusing on profits rather than fighting for market share, much to the chagrin of his underlings. (Note that you may choose to replay this clip when talking about reputation building and entry deterrence.)

Porter's 5 Forces vs Barbra Streisand

To make the 5 Forces framework particularly memorable I produced the following video remix of Duck Sauce's dance hit "Barbra Streisand" for my competitive strategy class at UCLA.

Happy Teaching!