Markets and regulations set the rules for how firms interact with consumers in virtually all sectors of the economy. Are markets performing as expected? How could their design be improved? What happens to markets in the presence of disruptive technologies, or business models, or regulations?

To address these issues, our researchers have gained detailed knowledge of key industries that they can analyze in detail. Theoretical models can help us understand how market rules and regulations are impacting important metrics of market performance, such as prices, competition, or quality. These theoretical models can also bring insights on ways in which such markets could be improved. Empirical tools can be developed to test these theoretical predictions and quantitatively explore the impact of alternative rules.

Key areas covered are:-

  • IO Theory: game theory, incentive theory, dynamic models, political economy
  • Competition, merger policy, anti-trust
  • The Economics of Regulation
  • Market Design and Auctions
  • Network Industries: competition and regulation
  • Dynamics of Industry: evolution, entry and exit
  • Information Externalities, Coordination Problems, Investment and R&D
  • The Interface between IO and Finance: market structure and financial structure

Programme Directors

Researchers

Emmanuelle Auriol

Professor of Economics Toulouse Business School; Professor Toulouse School of Economics

Dirk Bergemann

Douglass and Marion Campbell Professor of Economics Yale University

jan boone

Professor of Industrial Economics Tilburg University

Julia Cagé

Associate Professor of Economics Professor Sciences-Po Paris - University

Emilio Calvano

Associate Professor of Economics, University of Bologna and Associate Faculty Toulouse School of Economics

Giacomo Calzolari

Professor of Economics, EUI Florence Fondazione Bologna University Business School

Philippe Chone

Professor of Economics Center for Research in Economics and Statistics (CREST) Center for Research in Economics and Statistics

Pascal Courty

Research Fellow Centre for Economic Policy Research; Professor of Economics University of Victoria

Jan De Loecker

Assistant Professor of Economics and Public Affairs Princeton University

Aureo de Paula

Faculty Member Sao Paulo School of Economics; Professor University College London

Vincenzo Denicolò

Research Fellow Centre for Economic Policy Research; Professor of Economics University Of Bologna; Professor of Economics University of Leicester

Ulrich Doraszelski

Professor The Wharton School, University of Pennsylvania; Wharton School of Management University Of Pennsylvania

Pierre Dubois

Research Fellow Centre for Economic Policy Research; Professor of Economics Toulouse School of Economics

Tomaso Duso

Head of the department Firms and Markets Deutsches Institut für Wirtschaftsforschung (DIW Berlin); Professor for economics

Rosa Ferrer

Affiliate Professor ICREA Universitat Pompeu Fabra; Associate Professor, Department of Economics and Business Pompeu Fabra University; Associate Professor, Department of Economics and Business Pompeu Fabra University

Richard Friberg

Jacob Wallenberg Professor of Economics Stockholm School of Economics

Neil Gandal

Professor of Economics, Berglas School of Economics Tel Aviv University

Alessandro Gavazza

Research Fellow Centre for Economic Policy Research; Professor of Economics London School of Economics and Political Sciences

Kathryn Graddy

Dean, Brandeis International Business School and the Fred and Rita Richman Distinguished Professor of Economics Brandeis University; Research Fellow Centre for Economic Policy Research

Rachel Griffith

Research Director Institute for Fiscal Studies (IFS); Professor, Department of Economics The University Of Manchester

Jordi Gual

Chairman Caixa Bank; Professor of Economics IESE Business School, Barcelona

Dietmar Harhoff

Director Bibliothek Wirtscharftswiseneschaften - University of Munich; Professor Ludwig-Maximilians University Munich

Paul Heidhues

Professor of Behavioral and Competition Economics Heinrich Heine University Düsseldorf

Kate Ho

Associate Professor of Economics Columbia University

Marc Ivaldi

Professor of Economics Toulouse School of Economics; Professor of Economics, Toulouse School of Economics and Ecole des Hautes Etudes en Sciences Sociales University of Toulouse

Emir Kamenica

Professor of Economics at the Booth School of Business University Of Chicago

Heiko Karle

Associate Professor of Microeconomics Frankfurt School of Finance & Management; Associate Professor of Microeconomics

Paul Klemperer

Research Fellow Centre for Economic Policy Research; Edgeworth Professor of Economics Department of Economics, University of Oxford

Michael König

Senior Research Associate, Department of Economics Universitat Zurich

Margaret Kyle

Professor of Economics and Chair in Markets for Technology and Intellectual Property Mines ParisTech

Laurent Lamy

Research Fellow CIRED International Conference and Exhibition on Electricity Distribution

Gerard Llobet

Tenured Associate Professor Tenured Associate Professor of Economics Centro de Estudios Monetarios y Financieros

Ralf Martin

Associate Professor of Economics, Imperial College Business School Imperial College London

Eugenio Miravete

Rex G. Baker Jr. Professor of Political Economy The University of Texas at Austin; Visiting Research Professor University of East Anglia

Ameet Morjaria

Fellow Centre for Economic Policy Research; Associate Professor of Managerial Economics & Decision Sciences, Kellogg School of Management Northwestern University

Massimo Motta

Research Professor Research Professor ICREA Universitat Pompeu Fabra

Andrew Newman

Professor of Economics Boston University; Research Fellow Centre for Economic Policy Research

Volker Nocke

Vice Chancellor's Fellow Professor of Economics University of Mannheim

Nina Pavcnik

Research Affiliate Centre for Economic Policy Research; Niehaus Family Professor of International Studies, Professor of Economics Tuck School of Business at Dartmouth College

Martin Peitz

Director Mannheim Centre for Competition and Innovation (MaCCI); Professor of Economics University of Mannheim

Markus Reisinger

Professor for Industrial Organization and Microeconomics Frankfurt School of Finance & Management

Thomas Rønde

Professor of Innovation and Entrepreneurship Copenhagen Business School

Mark Schankerman

Research Fellow Centre for Economic Policy Research; Research Fellow Centre for Economic Policy Research; Professor of Economics London School of Economics and Political Sciences

Armin Schmutzler

Research Fellow Centre for Economic Policy Research; Professor of Economics Universitat Zurich

Monika Schnitzer

Full Professor of Economics Bibliothek Wirtscharftswiseneschaften - University of Munich

Nicolas Schutz

Professor of Economics Research Fellow Centre for Economic Policy Research; Research Fellow Centre for Economic Policy Research; Professor of Economics University of Mannheim

Stephan Seiler

Associate Professor of Marketing Imperial College Business School; Associate Professor of Marketing Stanford University

Georges Siotis

Research Fellow Centre for Economic Policy Research; Associate Professor, Department of Economics Universidad Carlos III de Madrid

Giancarlo Spagnolo

Professor of Economics Stockholm School of Economics; Professor of Economics University of Rome Tor Vergata

yossi spiegel

Full Professor at the faculty of Management Tel Aviv University

Catherine Thomas

Associate Professor of Managerial Economics London School of Economics and Political Sciences

Otto Toivanen

Professor Aalto University School of Business; Academic Director

Tommaso Valletti

Professor of Economics Imperial College London - Business School; Professor of Economics University of Rome Tor Vergata

John Van Reenen

Ronald Coase School Professor London School of Economics and Political Sciences; Professor of Applied Economics MIT Sloan School of Management

John Vickers

Warden of All Souls College Department of Economics, University of Oxford

Xavier Vives

Research Fellow Centre for Economic Policy Research; Professor of Economics and Finance Academic Director of the Public-Private Sector Research Center IESE Business School, Barcelona

Luigi Zingales

Research Fellow Centre for Economic Policy Research; Research Fellow Centre for Economic Policy Research; Robert C. McCormack Professor of Entrepreneurship and Finance University Of Chicago

Research affiliates

Jose Azar

Assistant Professor of Economics, IESE Business School, University of Navarra

Ying Fan

Faculty Research Fellow Nber; Associate Professor University of Michigan–Ann Arbor

Sebastian Fleitas

Assistant Professor of Economics Ku Leuven; Assistant Professor Department of Economics KU Leuven

Huan Tang

Assistant Professor of Finance London School of Economics and Political Sciences

Emanuele Tarantino

Research Affiliate Einaudi Institute for Economics and Finance (EIEF); Professor of Economics and Finance University of Mannheim

Martin Watzinger

Research Affiliate Centre for Economic Policy Research; Professor of Economics University of Münster

Biliana Yontcheva

Assistant Professor of Industrial Economics and Competition Policy Düsseldorf Institute for Competition Economics, Heinrich-Heine-University Düsseldorf