Project description
Improving industrial organisation games and their study
Industrial organisation (IO) scenarios and games provide vital training for businesses, while offering researchers and economists key insights into economic fundamentals. These insights aid policymakers in developing effective policies and help researchers understand the relationship between economics and policymaking, as well as their effects on modern market dynamics. The ERC-funded REGIO project will develop advanced econometric methods to identify and estimate economic fundamentals in these games and IO scenarios, overcoming previous techniques and assumptions to provide more robust empirical conclusions based on key data. These insights are important in order to improve consumer protection and ensure fair competition. The project will develop tools for identification, inference methods, and overcoming statistical challenges.
Objective
REGIO develops advanced econometric methods to identify and estimate economic fundamentals in games played by firms, addressing a broad spectrum of real-world industrial organization scenarios. These methods bridge critical gaps where existing techniques fall short and provide a disciplined framework to relax less credible assumptions about firm behavior and the game environment, enabling researchers to draw robust empirical conclusions. Their effectiveness is demonstrated through applications, supporting strategies to ensure fair competition, consumer protection, and a clearer understanding of distributional impacts and inequality.
To achieve these goals, REGIO is structured around four pillars. Pillars 1 through 3 focus on designing identification and inference methods that remain robust to misspecification by imposing minimal restrictions on firm behavior and the game environment. By crafting new tools based on partial identification, these pillars tackle theoretical challenges, such as addressing multiple equilibria and firms’ potentially limited awareness of their competitive landscapes, as well as statistical challenges. Pillar 4 pioneers the use of the novel methods to real-world scenarios, demonstrating their practical applicability and bolstering informed market interventions.
Through these pillars, REGIO not only advances econometric research but also significantly enhances the interface between economics and policymaking, improving our understanding of dynamics in modern markets.
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: The European Science Vocabulary.
This project's classification has been human-validated.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
This project's classification has been human-validated.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.1 - European Research Council (ERC)
MAIN PROGRAMME
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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.
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.
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.
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.
HORIZON-ERC - HORIZON ERC Grants
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) ERC-2025-STG
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
E1 4NS LONDON
United Kingdom
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.