Economics of Industry

The Economics of Industry Programme is concerned with a wide range of empirical and theoretical questions in the field of Industrial Organization. Current research projects in the group focus on Auctions, Supermarket Competition, Dynamic Games, and Industrial Development.

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Photo of Dollar Sign by https://unsplash.com/@chronisyan Chronis Yan

Government financing of R&D: A mechanism design approach

Saul Lach, Zvika Neeman and Mark Schankerman study how to design an optimal government loan program for risky R&D projects with positive externalities.. Read more...

Patent pools for generic drugs

Diffusion of new drugs is painfully slow in low-income countries. In this CEPR VoxTalk Mark Schankerman tells Tim Phillips about how patent pools accelerate the process, and how we could still do a better job of licensing life-saving medicines. View video...

Image: Aerial view new cars for sale stock lot row Credit:AvigatorPhotographer istockphoto 1188533358

Credit Shocks and Equilibrium Dynamics in Consumer Durable Goods Markets

Using data on the U.S. car markets around the Great Recession, Alessandro Gavazza and Andrea Lanteri study the equilibrium dynamics in consumer durable goods markets after aggregate credit shocks. Read more...

People

Still of Alessandro Gavazza from LSE's Youtube https://www.youtube.com/watch?v=r78_oUUo3jI

Alessandro Gavazza is Professor of Economics at the London School of Economics. He is a Research Fellow of the Centre of Economic Policy Research and director of the Economics of Industry programme at STICERD. Read more...

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