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Content archived on 2024-06-18

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

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.

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-PEOPLE-2009-IEF
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

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

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Region
Este Cataluña Barcelona
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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