NEW METHODS IN THE ANALYSIS OF MARKET COMPETITION: OLIGOPOLY, NETWORKS AND REGULATION

Abstract: 

In this project we study the operation of monopoly and oligopoly markets, the strategy of firms in dynamic sectors of the economy, and the optimal state regulatory intervention in these. This matter presents not only high academic interest, but is also of high practical importance for the Greek economy. We develop new methodologies for theoretical and empirical analysis of how markets operate and to apply them to key sectors of the economy such as telecommunications and energy.

The project focuses on three aspects of the problems.

  1. First, how firms would compete even unconstrained by the presence of a government. We focus on dynamic pricing, vertical trading structures and investments.
  2. Second how competition policy (for mergers, cartels and abuse of dominance) should be designed and implemented.
  3. Finally, on optimal regulatory policy and market design with key application in how telecommunications regulation should be affected by the associated media content.

To achieve this goal we have set up 4 research teams: AUEB-Econ, AUEB-Informatics, UoAthens-Mathematics and UoCrete-Econ and have also included prominent economists based in he UK and the US. Members of all four teams with collaborate for deliverables in all three parts of the project.

Project info

Acronym:
ONERG
Scientific Coordinator:
Vettas Nikolaos
Research Team 2 Leader:
Katsoulacos Yannis
Research Team 3 Leader:
Stamoulis George
Research Team 4 Leader:
Petrakis Emmanuel
Research Team 5 Leader:
Burnetas Apostolos

Stats

I.D.:
1354
Mis:
379331
Duration (months):
42
Budget:
600 000.00
Diavgeia:
ΑΔΑ: Β4Λ39-ΤΨΞ

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