TSE researchers have worked for many years in fields (such as industrial organization, corporate governance, finance, contract theory and incentives, network economics, intellectual property, and so forth) that are relevant for the supervision of regulated industries as well as for competition policy. Many of them are moreover active in policy debates, through their writings or their involvement in advisory boards, and are often called upon as experts by competition authorities, courts and businesses. This is for example reflected in the involvement of three members of IDEI in the Economic Advisory Group on Competition Policy at DG-Competition (ref: "the economics of tacit collusion"; "The economics of unilateral effects"), where they have been active in helping to shape the more economic approach to competition policy espoused by the European Commission, the frequent citation of work by TSE researchers in such areas as two-sided markets and in cases and policy papers put out by the major competition and regulatory agencies, or the presence of senior figures from the policy-making community at numerous conferences and round tables organized by TSE researchers.
Here are a few examples of specific areas of expertise:
Founded by Jean-Jacques Laffont in 1990, the Institut d'Economie Industrielle (IDEI) is a research center in economics which serves a dual purpose:
• Allowing TSE researchers to be competitive at an international level;
• Providing administrations and companies with an interface between their activities and economic research.
Through its research partnerships with administrations and companies, IDEI tackles both theoretical and applied economic problems and supplies state-of-the-art tools to decision-makers in eight areas:
• Industrial Organization, Regulation and Competition Policy,
• Innovation and Intellectual Property,
• Insurance, Banking and Finance,
• Energy, Environment, Agriculture,
• Macroeconomics, Growth and International Economics,
• Economics of Developing Countries and in Transition Countries,
• Methodology: Econometrics, Statistics and Economic Theory,
• Public Economics, Health, Labour and Education.
IDEI develops four distinct activities:
• Basic research: IDEI develops formal models for analyzing, interpreting and understanding industrial structures and the behavior of economic agents.
• Applied research: IDEI develops customized methodologies designed for decision assistance for companies based on their own specific data; the Institute's expertise is provided through technology exchange.
• Conferences and Seminars: IDEI offers an international forum for debates between theorists and practitioners focused on economic problems. Both groups are able to exchange and examine their ideas outside of the institutional framework.
• Training: IDEI organizes training sessions for company managers in the areas necessary for mastering the mechanisms of economy and of finance.