Governance

The foundation is governed by a board of directors (Chairman: Jean Tirole) with a parity between public research institutions and representatives of the donor's club. This contributes to an efficient and sustainable governance of TSE. TSE donor’s club (Chairman : Michel Pébereau – BNP-Paribas) facilitates and encourages  relations between TSE and its donors.

The scientific council made of prominent economists (and 3 Nobel Laureates) is another asset of the foundation's governance model.

Public-Private partnership

Toulouse School of Economics has adopted an innovative governance model. First, a substantial fraction of funds is raised from the private sector. Second, and in order to ensure TSE’s independence and durability, TSE’s capital is a financial endowment that cannot be consumed. Only revenue off capital can be spent. Finally, TSE is governed by a truly public-private board.

Building on an initial capital granted in February 2007 as part of the RTRA process by the French Government and TSE’s founding members (CNRS, EHESS, INRA, University Toulouse 1), TSE has carried out its fundraising campaign. TSE was delighted to announce at its inauguration on 2nd June 2008 the support of 12 new partners (whose logos can be read beneath). The French government has announced the public matching of the endowment to that date.


Board of directors

  • Five representatives of the founding research institutions
    Bernard Belloc (Université Toulouse 1 Capitole  and Présidence de la République)
    Hervé Guyomard (Institut National de la Recherche Agronomique)
    Cuong Le Van (chair section 37, CNRS)
    Jean-Charles Rochet (TSE Researchers' representative)
    Bruno Sire (president, Université Toulouse 1 Capitole)
    François Weil (president, Ecole des Hautes Etudes en Sciences Sociales)

  • Five representatives of the donor's club
    Nicolas Chanut (CEO, Exane)
    Jean-Pierre Hansen (CEO, Electrabel)
    Didier Lombard (CEO, France Telecom)
    George Pauget (CEO, Crédit Agricole)
    Michel Pébereau (chairman, BNPParibas), president, donor's club  

  • Five experts
    Claude d'Aspremont, professor, Université Louvain La Neuve
    Salvardor Barbera, professor, Universitat Autonoma Barcelona
    Jean Tirole, professor, Université Toulouse 1 Capitole
    Philippe Trainar, chief economist, SCOR

  • Members with non-voting rights
    Jean-Paul Bailly (CEO, La Poste)
    Olivier Dugrip (Rector of the Academy of Toulouse)
    Bruno Lescoeur (deputy director, EDF)
    Alain Quinet (member of directorate, Caise des Dépôts et Consignations)

Scientific Council

Chairman : Richard Blundell (UCL)

Susan Athey (Harvard)
François Bourguignon (Paris School of Economics)
Mathias Dewatripont (Université Libre de Bruxelles)
Ivar Ekeland (UBC)
Armin Falk (Bonn University)
Drew Fundenberg (Harvard)
Bengt Holmström (MIT)
Paul Joskow (MIT)
Roger Myerson (University of Chicago)
Eric Maskin (Institute for Advanced Study)
Torsten Persson (University of Stockholm)
Rafael Repullo (CEMFI, Madrid)
Amartya Sen (Cambridge)
Suzanne Scotchmer (University of California at Berkeley)
Lord Nicholas Stern (LSE)

The "Cour des Comptes" congratulates TSE

01/02/2012

February 2012 : the French "Goverment Accountability Office" (Cour des Comptes) reports on the 13 "RTRA" (French Advanced research networks across all fields) that were created by the French Government in 2006-07, states that the Jean-Jacques Laffont Foundation is the only one that managed to use this new legal status in full measure....


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