Industrial Organization

The Industrial Organization research group aims to promote the use of both theoretical and empirical tools in industrial organization to study the functioning of markets, the behavior of firms and individuals in these markets, and their implications for competition policy and regulation. This research group focuses on questions that are relevant for the Latin American context, as well as for other developed and developing economies. In developing countries, competition and regulation issues can be particularly important because markets in these countries tend to be more concentrated, antitrust policies less developed and enforced, and the regulatory frameworks weaker than in more advanced economies.

Examples of questions that are directly related to the objectives of this group are: What are the sources of market power and how is it sustained? How do strategic motives of firms affect market outcomes? Which antitrust policies are more effective to encourage market competition? What are the incentives of firms to merge and when should a competition authority allow a merger? Which strategic factors do firms consider in order to enter a market? Which are the challenges of firms in infrastructure markets and how can they be addressed? How do state owned enterprises affect market outcomes and strategic competition?

Research Directors