Microeconomics at CEMFI
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The microeconomics group at CEMFI covers several areas of research including industrial organization, microeconomic theory, energy economics, or behavioral economics. The members of this group make contributions that are both theoretical and empirical in nature and have been published in top journals. This group organizes the FIRMS seminar, which serves as a meeting hub for researchers in the Madrid area. On top of that, this group organizes the microeconomics workshop, where our PhD students present their own research, as well as recent research in their areas of interest. Members of the group are affiliated with other research centers and networks, such as the Centre for Economic Policy Research (CEPR) and they hold multiple grants from Spanish funding agencies and private institutions. We invite you to learn more about the Microeconomics group at CEMFI below.
Researchers
Álvaro Sánchez-Leache
PhD student
Guillermo Caruana
Associate Professor with Tenure
Susanna Esteban
Associate Professor with Tenure
Gerard Llobet
Associate Professor with Tenure
Andrea Guccione
PhD student
Milena Almagro
Associated Faculty
Daniel Fernández
PhD student
Tao Wang
PhD student
Wisse Rutgers
PhD student
Seminars series
MAR
FIRMS Seminar
Chiara Fumagalli (Università Bocconi) presents "Shelving or developing? Optimal policy for mergers with potential competitors"
APR
FIRMS Seminar
Juan Pablo Montero (PUC-Chile) presents "Low Emission Zones: The Rationale for Bang-Band Solutions" (joint with Nano Barahona, Natalia Fabra and Imelda)
APR
FIRMS Seminar
Emir Kamenica (Chicago Booth School of Business) presents "Commitment and Randomization in Communication" (joint with Xiao Lin)
JUN
FIRMS Seminar
joint Econometrics Seminar - Eugenio Miravete (The University of Texas at Austin) presents "Elasticity and Curvature of Discrete Choice Demand Models" (joint with Katja Seim and Jeff Thurk)
JUN
FIRMS Seminar
Michelangelo Rossi (Telecom Paris, Institut Polytechnique de Paris) presents "Transparency of Add-On Fees on Peer-to-Peer Platforms: Evidence from Airbnb"
Recent publications of this research line
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Gerard Llobet and Damien Neven,
Investment and patent licensing in the value chain,
Journal of Competition Law and Economics, (2023), 527-555. -
Natalia Fabra and Gerard Llobet,
Auctions with Privately Known Capacities,
The Economic Journal, (2023), 1106–1146. -
Gerard Llobet and Jorge Padilla,
A Theory of Socially-Inefficient Patent Holdout,
Journal of Economics and Management Strategy, (2023), 424-449. -
Gerard Llobet and Jorge Padilla,
Royalty Stacking and Validity Challenges: The Inverse Cournot Effect,
Journal of Industrial Economics, (2023), 593-625.
Research grants
Contributions in Applied Microeconomics (CIAM) (Ministerio de Ciencia e Innovación, 2022-2025)
Researchers: Gerard Llobet (Co-PI), Pedro Mira (Co-PI), Tom Zohar, Guillermo Caruana.
"María de Maeztu" Unit of Excellence (Ministerio de Ciencia e Innovación, 2022-2025)
Researchers: Diego Puga (PI), Manuel Arellano, Samuel Bentolila, Nezih Guner, Josep Pijoan, Javier Suarez, Monica Martinez-Bravo, Rafael Repullo, Dante Amengual.