Industrial Organization studies firm behavior and industry organization in general. The wide use of Game Theory models, originally tailored to manufacturing firms, has provided a useful method of analysis, flexible enough to be applied to other types of industries. Nowadays IO methods are widely used in International Trade, Finance, Banking, Health Economics and Economics of the Internet. The applications to regulation and competition policy directly follow from the theory and constitute the basis for decision making by public bodies. Furthermore, the empirical analysis has gained importance, also thanks to an increased availability of micro data.
Group members are engaged in cooperation with scholars abroad and in other Italian Universities; they have published in some of the main journals in the field and in Economics in general, including the Rand Journal of Economics, Journal of Industrial Economics, International Journal of Industrial Organization, Review of Economics and Statistics, Journal of the European Economic Association, Economic Journal, Journal of International Economics, Journal of Economics & Management Strategy, Industrial and Corporate Change, Journal of Applied Econometrics.
Models of monopolistic competition; oligopolistic competition; microeconomic theory of demand systems; advertising, information and market power; competition in quality and regulation; theory and antitrust issues; environmental regulation in oligopolistic industries; the media industry; the industrial organization of the health sector; regulation and competition in the pharmaceutical market; applied industrial organization.
- Clara Etcheverry