Applied Microeconomics
The goal of the Applied Microeconomics area of the CESifo research network, organized by Christian Gollier, Toulouse, is to promote co-operation on high-quality research in the field of the functioning and regulation of markets, contract theory and the economics of information. Members of the network examine market failures and provide policy recommendations aimed at improving welfare. Most sectors of the economy are covered, with particular emphasis on network industries (telecommunications, energy, media, and transport), financial intermediation and health. Our interests span a wide range of fields from antitrust, corporate governance, two-sided, cost structures, procurement, behavioral economics and auctions to the microstructure of financial markets. Testing the theory with market and experimental data is an important element of our work.
The area will be discontinued as of 2020.
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Area Director
Born in 1961, Christian Gollier is Professor of Economics at the Toulouse School of Economics (TSE), University of Toulouse-Capitole. From 2008 to 2015, he has been the founder (with Jean Tirole) and executive director of TSE. His fields of expertise are in the economics of uncertainty and information, with applications to the functioning of risk-sharing markets (insurance, credit, stocks) and to environmental economics. His work has been published in international journals including Econometrica, Journal of Political Economy, Journal of Economic Theory, Review of Economic Studies, and the Review of Financial Studies. He has also published a number of books, for example "The Economics of Risk and Time" (MIT Press, 2001). He has been a lead author for the 4th and 5th reports of the IPCC. He is Associate Editor of The Journal of Risk and Uncertainty and Management Science. He is co-editor of The Journal of Risk and Insurance. He is a fellow of the Econometric Society.
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Area Members
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Distinguished CESifo Affiliate Award
The Distinguished CESifo Affiliate Award, aimed at encouraging talented young scholars, is awarded to the best paper presented by a young author at each of the CESifo Area conferences. Accepted candidates are invited to attend the Area Conference at which they have been nominated and present their paper. An award committee will judge the papers (and presentations) and select a winner. Nominations will be considered for candidates who are either close to completion of the PhD, or who have completed their PhD in the previous five years. The same limit applies to co-authors in the case of papers with multiple authors. The criteria for the award are scientific originality, policy relevance and quality of exposition. The winning paper will appear in the CESifo Working Paper Series.
Year Distinguished Affiliate(s) Title of the paper 2019 Raúl Sánchez de la Sierra When Formal Contracts Fail 2018 Anna Sanktjohannser Optimally Stubborn 2017 Daniel Barron The Allocation of Future Business: Dynamic Relational Contracts with Multiple Agents Maria A. Polyakova Regulation of insurance with adverse selection and switching costs: Evidence from Medicare Part D 2016 Suehyun Kwon Incentive Compatibility with Endogenous States 2015 Daniel F. Garrett Incoming demand with private uncertainty 2014 Mar Reguant Complementary Bidding Mechanisms and Startup Costs in Electricity Markets 2013 Jonas Hjort Ethnic Divisions and Production in Firms 2012 Alia Gizatulina Social Value of Public Information without Common Knowledge 2011 Jidong Zhou Multiproduct Search 2009 Frédéric Koessler Strategic Communication Networks 2008 Andrea Attar Incentives and competition under moral hazard
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Conference
CESifo Area Conference on Applied Microeconomics 2019
22.03.2019
This CESifo Area Conference is designed to bring together CESifo members to present and discuss their ongoing research, and to stimulate interaction and co-operation between them. All CESifo research ntework members are invtied to submit their papers, which may deal with any topic within the broad domain of Applied Microeconomics (industrial organisation, experimental and behavioural economics, market regulation, banking and finance, auctions). The keynote lecture will be delivered by Costas Meghir (Yale University). Please refer to the full call for papers for further details.
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Affiliated ifo Center