Policy Relevance: at the center of public debate

With a twenty-year tradition of policy relevant work , TSE is a leader in the transfer of modern economic tools to public and private decision makers. Its policy work is based on a unique mix of fundamental and applied research, certified through publication in leading peer-reviewed scientific journals. A partial list of major issues addressed by TSE researchers is provided below. TSE researchers have shaped the debate on numerous key strategic issues for companies, helping them to formulate their business models, and providing both firms and regulators with a better understanding of competition policy. Among their main recent contributions to the public debate, TSE researchers have for instance been much involved in the climate change debate, and in suggesting innovative policy response to the financial crisis.


  • European competition policy
    • New merger guidelines
    • Article 82 reform
    • Technology transfer agreements
      (IP licensing and patent pools)

  • Regulation of network industries
    • Unbundling and termination fees
    • Access to transmission grid
      (power industry)
    • Cost of postal Universal Service Obligation

  • Macroeconomic policy
    • Proposal for labor market reform
    • Financial market reform and liquidity
    • Detection of economic cycles
    • Contributions to globalization debate

  • Socially responsible investment and infrastructures
    • PPP and infrastructures
    • Advising French government on lowering its discount factor
    • Contribution to the "Charte de l'environnement" and the transcription of the     *precautionary principle
    • Chair "Socially Responsible Investment"

  • Business models    
    • Two-sided markets (software, medias, etc.)
    • Entry into network industries (postal services, railroads, etc.)
    • Mergers (media, banking, insurance, energy, aerospace, transportation)
    • Definition of relevant market in antitrust
  • Financial regulation
    • Prudential regulation reforms in Europe
    • Law and economics of payment systems
    • Proposal for a transition toward fully-funded retirement system
    • Tax treatment of long-term savings
    • Alternative Risk Transfer

  • Corporate governance
    • EU treatment of corporate bond market
    • Fund management and operational risk
    • Pre-opening quotas in Euronext
    • Advice to NYSE for floor access market design