Consumer Behavior and Market Equilibrium in Industrial Organization: Identification of Structural Parameters and Implications to Public Policy

Project Information

CONSBEHAVIOR

Grant agreement ID: 251253

Project closed

Start date 1 September 2010

End date 21 December 2012

Funded under

• Specific programme "People" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013)

Total cost € 145 717,00

EU contribution € 145 717,00

Coordinated by

UNIVERSIDAD POMPEU FABRA
Spain

Objective

The first scientific objective of the project consists on recovering the distribution of search costs and of the parameters describing market equilibrium when search for the best product is costly and products are differentiated both horizontally (attributes of the product are valued differently by each consumer) and vertically (consumers agree on the ranking of the attributes). The second objective is to estimate long run cross price elasticities when consumers stockpile differentiated products. Both search and stockpiling behavior importantly affect the welfare consequences of competition regulation, especially entry and mergers. The project is an extension of my current work and is thus consistent with my research skills and agenda. On the other hand, it also demands a diversification of competencies since it focuses on firm behavior and market equilibrium, whereas before I have concentrated on consumer responses. It is to be hosted by the Department of Economics and Business at the University Pompeu Fabra in Barcelona, Spain. The Department is an ideal host for the project given its top quality multidisciplinary research environment and its many international connections, which allows for rich debate and work collaborations. The scientist in charge is Juan José Ganuza, an experienced researcher with an outstanding research record, especially in what concerns publications in top peer reviewed journals.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

• social sciences › political sciences › political policies › public policies
• social sciences › economics and business › economics › microeconomics

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Programme(s)

• FP7-PEOPLE - Specific programme "People" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013)

Topic(s)

• FP7-PEOPLE-2009-IEF - Marie Curie Action: "Intra-European Fellowships for Career Development"

Call for proposal

FP7-PEOPLE-2009-IEF
See other projects for this call

Funding Scheme

MC-IEF - Intra-European Fellowships (IEF)

Coordinator

UNIVERSIDAD POMPEU FABRA

• EU contribution: € 145 717,00
• Address: PLACA DE LA MERCE, 10-12 ; 08002 Barcelona ; Spain
• Region: Este › Cataluña › Barcelona
• Activity type: Higher or Secondary Education Establishments
• Total cost: No data