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
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Date: 22/11/2019 11:30 am
Location: VATT fourth floor seminar roomPaper: Seim, Katja, Waldfogel, Joel. 2013. “Public Monopoly and Economic Efficiency: Evidence from the Pennsylvania Liquor Control Board’s Entry Decisions"
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Date: 20/12/2019 11:30 am
Location: VATT fourth floor seminar roomPaper: Deng, Yi. 2011. "A dynamic stochastic analysis of international patent application and renewal processes."
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Date: 14/02/2020 11:30 am
Location: VATT fourth floor seminar roomPaper: Fan, Ying, Yang, Chenyu 2020. "Competition, Product Proliferation and Welfare: A Study of the US Smartphone Market"
Members
Otto Toivanen
Chair of the group,
Professor
otto.toivanen at aalto.fi
Homepage
Riku Buri
Member,
PhD student
riku.buri at aalto.fi
Elias Einiö
Member,
Chief Researcher
elias.einio at vatt.fi
Homepage
Peter Elmgren
Member,
PhD student
peter.elmgren at helsinki.fi
Ari Hyytinen
Member,
Professor
ari.hyytinen at hanken.fi
Homepage
Jan Jääskeläinen
Member,
PhD student
jan.jaaskelainen at aalto.fi
Mika Kortelainen
Member,
Chief Researcher
mika.kortelainen at vatt.fi
Homepage
Marita Laukkanen
Member,
Chief Researcher
marita.laukkanen at vatt.fi
Homepage
Matti Liski
Member,
Professor
matti.liski at aalto.fi
Jaakko Markkanen
Member,
PhD student
jaakko.m.markkanen at aalto.fi
Tuomas Markkula
Member,
PhD student
tuomas.markkula at aalto.fi
Amin Mohazab
Member,
PhD student
amin.mohazabrahimzadeh at aalto.fi
Olga Neselevska
Member,
PhD student
o.neselevska at gmail.com
Janna Öberg
Member,
PhD student
janna.oberg at hanken.fi
Aleksi Paavola
Member,
PhD student
aleksi.m.paavola at aalto.fi
Matias Pietola
Member,
Affiliated / visiting
matias.pietola at kkv.fi
Staffan Ringbom
Member,
University Lecturer
staffan.ringbom at hanken.fi
Elyas Saif
Member,
PhD student
elyas.saif at hanken.fi
Homepage
Tanja Saxell
Member,
Senior researcher
tanja.saxell at vatt.fi
Homepage
Rune Stenbacka
Member,
Professor
rune.stenbacka at hanken.fi
Homepage
Alexis Stevenson
Member,
PhD student
alexis.stevenson at hanken.fi
Tuomas Takalo
Member,
Senior Adviser
tuomas.takalo at bof.fi
Janne Tukiainen
Member,
Associate Research Professor
janne.tukiainen at vatt.fi
Geert Van Moer
Member,
Assistant Professor
geert.vanmoer at hanken.fi
Iivo Vehviläinen
Member,
Visiting Researcher
iivo.vehvilainen at aalto.fi
Homepage
Joosua Virtanen
Member,
Project Assistant
joosua.virtanen at hanken.fi
Katia Vozian
Member,
PhD student
katia.vozian at hanken.fi
Maria Wang
Member,
PhD student
maria.wang at hanken.fi
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
12 Feb 2020
Industrial Organization
- IO student presentation seminar
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
11 Nov 2020
Industrial Organization
GENERALIZED LINEAR COMPETITION: From pass-through to policy
- Robert Ritz
- University of Cambridge
25 Nov 2020
Industrial Organization
Artificial Intelligence: Can Seemingly Collusive Outcomes Be Avoided?
- Xavier Lambin
- Grenoble Ecole de Management
28 Oct 2020
Industrial Organization
Estimating the potential effect of multi market contact on the intensity of competition
- Alon Eizenberg
- Hebrew University of Jerusalem
31 Mar 2021
Industrial Organization
Bidding and Investment in Wholesale Electricity Markets: Pay-as-Bid versus Uniform-Price (with Yueting Yu)
- Bert Willems
- Tilburg University
29 Sep 2021
Industrial Organization
Evaluation of bidding groups in first-price auctions
- Christine Zulehner
- University of Vienna
12 May 2021
Industrial Organization
Impact evaluation of start-up innovation policies: evidence from a natural experiment
- Michele Cantarella
- University of Helsinki
13 Oct 2021
Industrial Organization
Quality Regulation and Competition: Evidence from Pharmaceutical Markets
- Morten Saethre
- NHH
10 Nov 2021
Industrial Organization
Colluding Against Environmental Regulation
- Mathias Reynaert
- TSE
8 Dec 2021
Industrial Organization
Strategic advance sales and deterrence with heterogenous firms (with Henry Thille)
- Sébastien Mitraille
- Toulouse Business School
24 Nov 2021
Industrial Organization
Direct-to-Consumers Sales by Manufacturers and Bargaining
- Andre Trindade
- Brazilian School of Economics
4 May 2022
Industrial Organization
TBA
- Teis Lunde Lømo
- HVL Bergen and BECCLE
7 Dec 2021
Industrial Organization
Industrial Organization PhD Workshop
9 Mar 2022
Industrial Organization
TBA
- Jorge Alé-Chilet (Bar-Ilan University)
23 Mar 2022
Industrial Organization
TBA
- Howard Smith (Oxford University)
6 Apr 2022
Industrial Organization
TBA
- Alon Eizenberg (The Hebrew University of Jerusalem)
