Industrial Organization

Research in the Industrial Organization (IO) programme covers: 

  • IO Theory: game theory, incentive theory, dynamic models, political economy
  • Vertical Relations and Foreclosure
  • Network Industries: competition and regulation
  • Political Economy of Regulation and Competition Policy, and Institutional Design
  • Dynamics of Industry: evolution, entry and exit
  • Empirical Analysis of Industries with Market Power
  • Market Design and Auctions
  • Competition Policy, Mergers and Acquisitions
  • Corporate Governance
  • The Interface between IO and Finance: market structure and financial structure
  • Information Externalities, Coordination Problems, Investment and R&D

The Industrial Organization Programme is directed by Andrea Prat (Columbia University) and Gregory Crawford (University of Zurich).

The Programme organizes two annual symposia:

Recent Applied IO Symposia include:

The European Summer Symposium in Economic Theory (ESSET) is one of the key annual events for economic theorists. It has been held at the Studienzentrum Gerzensee, Switzerland, each July since 1992. The meeting is organised by the Studienzentrum Gerzensee (a foundation of the Swiss National Bank) with CEPR. It runs for two weeks, in the form of a large-scale workshop with sub-workshops. ESSET is a very prominent event in the economic theory community. Each of the two weeks is centred on a one-day workshop that focuses on a particular topic, which changes every year. At least two leading theorists are invited to organise a total of two workshops (focus sessions) that represent the background themes for that year's conference. The topics are chosen by the organisers so as to focus the presentations and discussion at the conference on topics that represent the frontier of current research in economic theory. The remaining days are characterised by a seminar presentation in the morning and one in the afternoon. This structure of the conference fosters joint work, collaboration and discussion among conference participants during the week, exploiting the outstanding facilities of the Centre. In selecting the academics invited to the conference and the papers presented, the organisers give priority to high quality papers submitted by young European economists.

Recent meetings include:

The IO Programme also organizes an annual workshop on "Workshop on Incentives, Management and Organization", which brings together researchers interested in studying what happens inside firms and other organizations. It covers areas such as:

  • Personnel economics
  • Organizational economics
  • Management and productivity
  • Incentives and contracts

The theme of the first workshop was: "New approaches to managerial economics.", focusing on new methodologies and new datasets on management practices and their effect on firm performance.  The second workshop will focus on "Organisations, Productivity and Development", focusing on research at the intersection of development economics and organisational economics.

More information on the Industrial Organization Programme: