The School of Economics has a long history of research leadership in theoretical and applied industrial economics, competition policy and regulation. The Journal of Industrial Economics has been edited from UEA since the 1980s.
The Industrial Economics group is closely aligned with the ESRC Centre for Competition Policy (CCP) which facilitates close collaboration with competition economists located in the Law School and Norwich Business School, as well as researchers in other disciplines working on other perspectives of competition policy within and beyond UEA. Research undertaken at CCP has real-world application and value while retaining its academic rigour.
CCP members maintain on-going advisory/membership links with competition agencies and regulatory bodies including the Competition Commission, the Office of Fair Trading (OFT) the Department of Trade and Industry (DTI), the Department for Constitutional Affairs, the OECD, and the European Commission (EC). Other organisations that have consulted CCP research include MONITOR (Department of Health), the Department of Business, Innovation and Skills, the Treasury, Which?, Ofwat and Ofgem, amongst many others.
CCP research is rooted in competition and regulatory policy, where practice often runs ahead of theory. Engagement with practitioners both informs research, and leads to dissemination of results to non-academic audiences. For example, the research on price guarantees, policy evaluation, and anti price discrimination regulations flows directly out of close understanding of the issues facing practitioners. CCP researchers feed research findings into commissioned reports and responses to consultations e.g. 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.
Our interactions with both public and private sectors range from responding to consultations, invited attendance at ministerial meetings, inviting groups to UEA for "brainstorming" sessions, responding to media interest, and membership of the Centre on Competition in Europe. We have recently hosted visits from senior staff at the BBC, Centre on Regulation in Europe, Office of Fair Trading, ORR, Yarra Valley Water, Consumer Focus, the African Forum for Utility Regulators, and the Competition Commission of South Africa. We participate internationally in the Competition Law and Economics European Network (CLEEN).
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.
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.
Eugenio Miravete Marin's area of research is Empirical Industrial Organization with an edge on price discrimination. Most of his work makes use of theoretical models of nonlinear pricing to develop structural estimation methods that account for asymmetry of information and strategic interactions that firms encounter when they design their tariff options. He has applied a significant share of his research to study telecommunications pricing, both under monopoly and competition.
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.