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."

Members
OT
Otto Toivanen

Chair of the group, Professor

Riku Buri

Member, PhD student

EE
Elias Einiö

Member, Senior researcher

PE
Peter Elmgren

Member, PhD student

AH
Ari Hyytinen

Member, Professor

JJ
Jan Jääskeläinen

Member, PhD student

MK
Mika Kortelainen

Member, Chief Researcher

ML
Marita Laukkanen

Member, Chief Researcher

ML
Matti Liski

Member, Professor

AM
Amin Mohazab

Member, PhD student

MM
Mikko Mustonen

Member, Senior university lecturer

Olga Neselevska

Member, PhD student

AP
Aleksi Paavola

Member, PhD student

SR
Staffan Ringbom

Member, University Lecturer

TS
Tanja Saxell

Member, Senior researcher

RS
Rune Stenbacka

Member, Professor

Alexis Stevenson

Member, PhD student

TT
Tuomas Takalo

Member, Senior Adviser

GV
Geert Van Moer

Member, Assistant Professor

IV
Iivo Vehviläinen

Member, Visiting Researcher

JV
Joosua Virtanen

Member, Project Assistant

JZ
Jiekai Zhang

Member, Assistant professor

Helsinki GSE