Industrial Organization

What does market power mean, how is it created, and how is it sustained? What does strategic interaction between firms mean and how does it affect market outcomes? Why do firms merge and when should a competition authority allow a given proposed merger? How should a firm price its products after the entry of a new competitor? How many cartels are there, and how harmful are they? Who benefited and who lost when the Finnish taxi-cab market was liberalized? Should the government subsidize the research and development activities of firms and if so, how and by how much?

Industrial Organization Research Group

All the previous questions are examples of questions that economists specializing in Industrial Organization (IO) analyze. IO is the analysis of market imperfections and imperfectly competitive markets – meaning most if not all real-world markets. Whether you want to understand how well a market works from the point of consumers, firms, employees or the taxpayer (government), IO tools are indispensable for your analysis. IO blends economic theory, knowledge of institutions and empirical methods to address real world questions that are relevant for business and policy.

Industrial Organization Reading Group
  • Our format is lunch reading group, so please bring your own lunch.

Program
  • Date: 22/11/2019 11:30 am
    Location: VATT fourth floor seminar room

    Paper: Seim, Katja, Waldfogel, Joel. 2013. “Public Monopoly and Economic Efficiency: Evidence from the Pennsylvania Liquor Control Board’s Entry Decisions"

  • Date: 20/12/2019 11:30 am
    Location: VATT fourth floor seminar room

    Paper: Deng, Yi. 2011. "A dynamic stochastic analysis of international patent application and renewal processes."

  • Date: 14/02/2020 11:30 am
    Location: VATT fourth floor seminar room

    Paper: Fan, Ying, Yang, Chenyu 2020. "Competition, Product Proliferation and Welfare: A Study of the US Smartphone Market"

Members
OT
Otto Toivanen

Chair of the group, Professor
otto.toivanen at aalto.fi
Homepage

Riku Buri

Member, PhD student
riku.buri at aalto.fi

EE
Elias Einiö

Member, Senior researcher
elias.einio at vatt.fi

PE
Peter Elmgren

Member, PhD student
peter.elmgren at helsinki.fi

AH
Ari Hyytinen

Member, Professor
ari.hyytinen at hanken.fi
Homepage

JJ
Jan Jääskeläinen

Member, PhD student
jan.jaaskelainen at aalto.fi

MK
Mika Kortelainen

Member, Chief Researcher
mika.kortelainen at vatt.fi
Homepage

ML
Marita Laukkanen

Member, Chief Researcher
marita.laukkanen at vatt.fi
Homepage

ML
Matti Liski

Member, Professor
matti.liski at aalto.fi

AM
Amin Mohazab

Member, PhD student
amin.mohazabrahimzadeh at aalto.fi

MM
Mikko Mustonen

Member, Senior university lecturer
mikko.mustonen at aalto.fi
Homepage

Olga Neselevska

Member, PhD student
o.neselevska at gmail.com

AP
Aleksi Paavola

Member, PhD student
aleksi.m.paavola at aalto.fi

SR
Staffan Ringbom

Member, University Lecturer
staffan.ringbom at hanken.fi

TS
Tanja Saxell

Member, Senior researcher
tanja.saxell at vatt.fi
Homepage

RS
Rune Stenbacka

Member, Professor
rune.stenbacka at hanken.fi
Homepage

Alexis Stevenson

Member, PhD student
alexis.stevenson at hanken.fi

TT
Tuomas Takalo

Member, Senior Adviser
tuomas.takalo at bof.fi

GV
Geert Van Moer

Member, Assistant Professor
geert.vanmoer at hanken.fi

IV
Iivo Vehviläinen

Member, Visiting Researcher
iivo.vehvilainen at aalto.fi

JV
Joosua Virtanen

Member, Project Assistant
joosuavirtanen at gmail.com

JZ
Jiekai Zhang

Member, Assistant professor
jiekai.zhang at hanken.fi
Homepage

Upcoming Seminars

18 Sep 2019

Industrial Organization

Consumers’ costly responses to product-harm crises (with Rosa Ferrer)

  • Helena Perrone
  • University of Mannheim

25 Sep 2019

Industrial Organization

Privacy Regulation and Quality Investment (with Ying Lei Toh)

  • Yassine Lefouili
  • Tolouse School of Economics

2 Oct 2019

Industrial Organization

The Herfindahl-Hirschman index and the distribution of social surplus

  • Yossi Spiegel
  • Tel Aviv

10 Dec 2019

Industrial Organization

Industrial Organization PhD Workshop

  • See program

9 Oct 2019

Industrial Organization

Industrial Organization Student Presentations

  • open

13 Nov 2019

Industrial Organization

Industrial Organization Student Presentations

  • NO SEMINAR

27 Nov 2019

Industrial Organization

A Theory of Must-Have (with Enrique Ide)

  • Juan-Pablo Montero
  • PUC-Chile

20 Nov 2019

Industrial Organization

Product proliferation as entry deterrence: the case of UK pharmaceuticals

  • Farasat Bokhai
  • East Anglia

26 Feb 2020

Industrial Organization

Vertical Contracting with Endogenous Market Structure

  • Markus Reisinger
  • Frankfurt School of Finance & Management

18 Mar 2020

Industrial Organization

Cancelled

  • Alon Eizenberg
  • Hebrew University of Jerusalem

25 Mar 2020

Industrial Organization

Cancelled

  • Bert Willems
  • University of Tillburg & TSE

29 Apr 2020

Industrial Organization

CANCELLED

  • Margaret Kyle
  • MINES Paris Tech

20 May 2020

Industrial Organization

CANCELLED

  • Robert Ritz
  • University of Cambridge

12 Feb 2020

Industrial Organization

  • IO student presentation seminar

8 Apr 2020

Industrial Organization

  • IO student presentation seminar- CANCELLED

9 Jun 2020

Industrial Organization

IO PhD Student Workshop (moved from 18-19.5)

  • IO PhD Student Workshop

10 Jun 2020

Industrial Organization

IO PhD Student Workshop (moved from 18-19.5)

  • IO PhD Student Workshop
Helsinki GSE