Research in industrial economics Research in industrial economics

The School of Economics at ​UEA has a long history of research leadership in theoretical and applied industrial economics, competition policy and regulation. The Journal of Industrial Economics was edited from UEA by Steve Davies and Bruce Lyons as long ago as the late 1980s.

Activity in this area is supported at UEA by the ESRC Centre for Competition Policy (CCP), which was established in 2001 and has had core Economic and Social Research Council funding since 2004.  CCP facilitates close collaboration with competition economists located in the Law School and Norwich Business School as well as researchers in other disciplines across UEA and externally working on other perspectives of competition policy.

Recent impact arising from the research and advisory activities of the group include contributions to European Commission and UK Competition Commission guidelines on merger control, and on the methodology of allocating resources within the UK Office of Fair Trading.


Farasat Bokhari is a health economist with interest in issues relating to competition, antitrust, and diffusion of technologies in the healthcare sector. He also works in areas of outcomes research, and research methods in healthcare. Farasat has an active research agenda in the economic and policy analysis Attention Deficit/Hyper Activity Disorder (ADHD) and market for psychostimulant drugs. His current research provides valuation of pharmaceutical introductions including those of generics and the so called `me-too' drugs.

Steve Davies' research is primarily in Industrial Organisation, especially Competition Policy. He is currently an academic advisor to The Office of Fair Trading, is a previous editor of the Journal of Industrial Economics, and is one of the four founders of the Centre for Competition Policy at UEA. He has written books and articles, and supervised PhD students, on industrial structure, European integration, multinational firms, competition policy, productivity, and innovations. He is currently working on two major research projects: ‘Tacit Collusion and Mergers' and ‘Competition through non-linear price tariffs in the UK electricity retail market'.

Enrique Fatás' industrial research focuses on the analysis of price guarantees, the existence of money illusion in price competition, the role of social comparison in markets and the development of behavioural models based on bounded rationality. He has run experimental studies both for research agencies (like the National Science Foundation, the European Union, or the Economic and Social Research Council), and for private firms. 

Sang-Hyun Kim is a Lecturer in Industrial Organisation. He finished his PhD in Economics in 2013 at Michigan State University. His research interests are in Industrial Organisation, Financial Economics and Political Economy. His PhD thesis investigates how ownership structure of private firms affects their incentives to build political connections.

Bruce Lyons is Deputy Director of the Centre for Competition Policy. His research interests include economics of competition policy, European industrial structure and contracts between firms. He was formerly Editor of The Journal of Industrial Economics and Associate Editor of Economica. He is a member of the Economic Advisory Group for Competition Policy at the European Commission, advisor to the Department of Health Cooperation and Competition Panel, and was, until recently, a part-time Member of the UK Competition Commission. He is currently working on the economics of merger remedy agreements, the effects of regulation on bank concentration and competition, and the effect of institutions on the enforcement of competition law.

Subhasish Modak Chowdhury's research focuses on various applications of microeconomic theory with a special emphasis on situations in which individuals or groups expend costly resources in order to win some reward. These situations are called contests and include issues such as patent races, innovation tournaments, advertising, rent-seeking, sunk investments etc. Subhasish also uses theoretical, empirical and experimental methods to investigate other issues in Industrial Organization such as crude oil pricing, platform markets, cartel deterrence etc.

Peter Moffatt recently used household survey data on water consumption and metering decisions to inform the design an optimal tariff for use by the water industry within the setting of an optional metering scheme.

Bibhas Saha has a strong interest in oligopoly models, and has been studying implications of firm-union interactions for wage agreements, entry and managerial incentives. Developing country labour markets are also an area of his interest, and he has worked on problems like child labour and returns to education.

Daniel Zizzo's research interests in industrial organisation are primarily in two areas. The first is consumer behaviour and policy, with a particular interest on bounded rationality, on the complexity of consumer decisions and on consumer inattention; and both on monetary savings and on health outcomes for the consumer. The second relates to innovation and R&D. He is a member of the Forum of Consumer Experts of the UK Office of Rail Regulation and a Coordinating Editor of Theory and Decision.

Research Students