Microeconomic Theory at Bicocca and Catholic
University of Milan
The Micro Group
28 February 2017
Micro Group
()
Micro group
02/17
1/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Young, strong and motivated researchers in every sub…eld
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Young, strong and motivated researchers in every sub…eld
Wide network of collaboration between Bicocca and Catholic
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Young, strong and motivated researchers in every sub…eld
Wide network of collaboration between Bicocca and Catholic
Established relationships with international institutions where students
are welcome as visitors
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Young, strong and motivated researchers in every sub…eld
Wide network of collaboration between Bicocca and Catholic
Established relationships with international institutions where students
are welcome as visitors
Sub…elds
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Young, strong and motivated researchers in every sub…eld
Wide network of collaboration between Bicocca and Catholic
Established relationships with international institutions where students
are welcome as visitors
Sub…elds
Theory
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Young, strong and motivated researchers in every sub…eld
Wide network of collaboration between Bicocca and Catholic
Established relationships with international institutions where students
are welcome as visitors
Sub…elds
Theory
Applied Theory
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Young, strong and motivated researchers in every sub…eld
Wide network of collaboration between Bicocca and Catholic
Established relationships with international institutions where students
are welcome as visitors
Sub…elds
Theory
Applied Theory
Risk, Banking and Finance
Micro Group
()
Micro group
02/17
2/9
Micro group
The Micro group o¤ers a broad range of research opportunities
Strengths:
Team of researchers working on the frontier of economic theory
Young, strong and motivated researchers in every sub…eld
Wide network of collaboration between Bicocca and Catholic
Established relationships with international institutions where students
are welcome as visitors
Sub…elds
Theory
Applied Theory
Risk, Banking and Finance
Public Economics and Political Economy
Micro Group
()
Micro group
02/17
2/9
Theory
Game theory: search of suitable equilibrium concepts — e.g.,
political economy, cheap talk games
Micro Group
()
Micro group
02/17
3/9
Theory
Game theory: search of suitable equilibrium concepts — e.g.,
political economy, cheap talk games
Equilibrium re…nements: how to strengthen standard equilibrium
concepts to sharpen predictions
Micro Group
()
Micro group
02/17
3/9
Theory
Game theory: search of suitable equilibrium concepts — e.g.,
political economy, cheap talk games
Equilibrium re…nements: how to strengthen standard equilibrium
concepts to sharpen predictions
Mechanism design: understanding how to design contracts and
resource allocation rules to achieve e¢ ciency goals — e.g., auctions,
procurement contracts, managerial compensations etc.
Micro Group
()
Micro group
02/17
3/9
Theory
Game theory: search of suitable equilibrium concepts — e.g.,
political economy, cheap talk games
Equilibrium re…nements: how to strengthen standard equilibrium
concepts to sharpen predictions
Mechanism design: understanding how to design contracts and
resource allocation rules to achieve e¢ ciency goals — e.g., auctions,
procurement contracts, managerial compensations etc.
Organization theory: how should institutions be designed to
improve performance and minimize con‡icts
Micro Group
()
Micro group
02/17
3/9
Theory
Game theory: search of suitable equilibrium concepts — e.g.,
political economy, cheap talk games
Equilibrium re…nements: how to strengthen standard equilibrium
concepts to sharpen predictions
Mechanism design: understanding how to design contracts and
resource allocation rules to achieve e¢ ciency goals — e.g., auctions,
procurement contracts, managerial compensations etc.
Organization theory: how should institutions be designed to
improve performance and minimize con‡icts
Information economics: e¤ects of information di¤usion on economic
e¢ ciency
Micro Group
()
Micro group
02/17
3/9
Applied theory
Industrial organization: understanding of how imperfectly competitive
markets work
Micro Group
()
Micro group
02/17
4/9
Applied theory
Industrial organization: understanding of how imperfectly competitive
markets work
Advertising and product di¤erentiation: welfare implications of
…rms’advertising strategies
Micro Group
()
Micro group
02/17
4/9
Applied theory
Industrial organization: understanding of how imperfectly competitive
markets work
Advertising and product di¤erentiation: welfare implications of
…rms’advertising strategies
Collusion: understanding how cartels work and the mechanisms that
reinforce them
Micro Group
()
Micro group
02/17
4/9
Applied theory
Industrial organization: understanding of how imperfectly competitive
markets work
Advertising and product di¤erentiation: welfare implications of
…rms’advertising strategies
Collusion: understanding how cartels work and the mechanisms that
reinforce them
Technology and location choices: what drive …rms’technology,
location and adoption choices
Micro Group
()
Micro group
02/17
4/9
Applied theory
Industrial organization: understanding of how imperfectly competitive
markets work
Advertising and product di¤erentiation: welfare implications of
…rms’advertising strategies
Collusion: understanding how cartels work and the mechanisms that
reinforce them
Technology and location choices: what drive …rms’technology,
location and adoption choices
Two-sided markets: intermediation platforms (e.g., credit cards)
Micro Group
()
Micro group
02/17
4/9
Applied theory
Industrial organization: understanding of how imperfectly competitive
markets work
Advertising and product di¤erentiation: welfare implications of
…rms’advertising strategies
Collusion: understanding how cartels work and the mechanisms that
reinforce them
Technology and location choices: what drive …rms’technology,
location and adoption choices
Two-sided markets: intermediation platforms (e.g., credit cards)
Vertical relationships: contracts between …rms placed at di¤erent
echelons of the production chain
Micro Group
()
Micro group
02/17
4/9
Applied theory
Industrial organization: understanding of how imperfectly competitive
markets work
Advertising and product di¤erentiation: welfare implications of
…rms’advertising strategies
Collusion: understanding how cartels work and the mechanisms that
reinforce them
Technology and location choices: what drive …rms’technology,
location and adoption choices
Two-sided markets: intermediation platforms (e.g., credit cards)
Vertical relationships: contracts between …rms placed at di¤erent
echelons of the production chain
R&D, IPR and licensing: what drives …rms’R&D incentives,
intellectual property rights and optimal licensing rules
Micro Group
()
Micro group
02/17
4/9
Law and economics
Micro Group
()
Micro group
02/17
5/9
Law and economics
Regulation: what instruments should be used to correct market
failures
Micro Group
()
Micro group
02/17
5/9
Law and economics
Regulation: what instruments should be used to correct market
failures
Law enforcement: interaction between the design of a law and its
economic implications — e.g., leniency programs, corruption etc.
Micro Group
()
Micro group
02/17
5/9
Law and economics
Regulation: what instruments should be used to correct market
failures
Law enforcement: interaction between the design of a law and its
economic implications — e.g., leniency programs, corruption etc.
Consumer protection: what should be done to protect consumers
Micro Group
()
Micro group
02/17
5/9
Law and economics
Regulation: what instruments should be used to correct market
failures
Law enforcement: interaction between the design of a law and its
economic implications — e.g., leniency programs, corruption etc.
Consumer protection: what should be done to protect consumers
Organized crime: design of optimal enforcement policies to contrast
crime
Micro Group
()
Micro group
02/17
5/9
Behavioral economics: introduction of new psychological aspects
into the standard theory
Micro Group
()
Micro group
02/17
6/9
Behavioral economics: introduction of new psychological aspects
into the standard theory
Irritational emotions
Micro Group
()
Micro group
02/17
6/9
Behavioral economics: introduction of new psychological aspects
into the standard theory
Irritational emotions
Overcon…dence
Micro Group
()
Micro group
02/17
6/9
Behavioral economics: introduction of new psychological aspects
into the standard theory
Irritational emotions
Overcon…dence
Altruistic and reciprocal motives
Micro Group
()
Micro group
02/17
6/9
Behavioral economics: introduction of new psychological aspects
into the standard theory
Irritational emotions
Overcon…dence
Altruistic and reciprocal motives
Understanding how risk a¤ects choices
Micro Group
()
Micro group
02/17
6/9
Risk and …nance
Corporate …nance: understanding …rms’governance structure and
its implication for market performance
Micro Group
()
Micro group
02/17
7/9
Risk and …nance
Corporate …nance: understanding …rms’governance structure and
its implication for market performance
Banking and credit markets: understanding how the banking sector
works
Micro Group
()
Micro group
02/17
7/9
Risk and …nance
Corporate …nance: understanding …rms’governance structure and
its implication for market performance
Banking and credit markets: understanding how the banking sector
works
Asset pricing: incomplete markets, bubbles, …nancial advice
Micro Group
()
Micro group
02/17
7/9
Risk and …nance
Corporate …nance: understanding …rms’governance structure and
its implication for market performance
Banking and credit markets: understanding how the banking sector
works
Asset pricing: incomplete markets, bubbles, …nancial advice
Insurance markets: understanding equilibrium and optimal
Micro Group
()
Micro group
02/17
7/9
Public Economics and Political economy
Taxation: understanding optimal taxation mechanisms under
asymmetric information
Micro Group
()
Micro group
02/17
8/9
Public Economics and Political economy
Taxation: understanding optimal taxation mechanisms under
asymmetric information
Redistribution and market structure: e¤ects of market competition
on industry structure and optimal cross-subsidization mechanisms
Micro Group
()
Micro group
02/17
8/9
Public Economics and Political economy
Taxation: understanding optimal taxation mechanisms under
asymmetric information
Redistribution and market structure: e¤ects of market competition
on industry structure and optimal cross-subsidization mechanisms
Political theory: how to apply instruments of contract theory to the
e¤ects of constitutions and policy selections
Micro Group
()
Micro group
02/17
8/9
Public Economics and Political economy
Taxation: understanding optimal taxation mechanisms under
asymmetric information
Redistribution and market structure: e¤ects of market competition
on industry structure and optimal cross-subsidization mechanisms
Political theory: how to apply instruments of contract theory to the
e¤ects of constitutions and policy selections
Voting: Interplay of constitutions and electoral systems on the
incentives and the selections of politicians in presence of asymmetric
information
Micro Group
()
Micro group
02/17
8/9
Public Economics and Political economy
Taxation: understanding optimal taxation mechanisms under
asymmetric information
Redistribution and market structure: e¤ects of market competition
on industry structure and optimal cross-subsidization mechanisms
Political theory: how to apply instruments of contract theory to the
e¤ects of constitutions and policy selections
Voting: Interplay of constitutions and electoral systems on the
incentives and the selections of politicians in presence of asymmetric
information
Theory of capture: Organized crime and politics
Micro Group
()
Micro group
02/17
8/9
Summing up
Work with us on topics that are at the frontier of economics
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Intellectual curiosity and strong analytical skills
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Intellectual curiosity and strong analytical skills
You just need to pick your topic...
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Intellectual curiosity and strong analytical skills
You just need to pick your topic...
For more info please contact:
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Intellectual curiosity and strong analytical skills
You just need to pick your topic...
For more info please contact:
Theory: Ferdinando Colombo, Luca Colombo, Giovanna Iannantuoni,
Carsten Nielsen, Piero Tedeschi and Stergios Athanasoglou
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Intellectual curiosity and strong analytical skills
You just need to pick your topic...
For more info please contact:
Theory: Ferdinando Colombo, Luca Colombo, Giovanna Iannantuoni,
Carsten Nielsen, Piero Tedeschi and Stergios Athanasoglou
Applied Theory: Michela Cella, Luca Colombo, Stefano Colombo,
Mario Gilli, Michele Grillo, Piero Tedeschi, Giovanni Ursino
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Intellectual curiosity and strong analytical skills
You just need to pick your topic...
For more info please contact:
Theory: Ferdinando Colombo, Luca Colombo, Giovanna Iannantuoni,
Carsten Nielsen, Piero Tedeschi and Stergios Athanasoglou
Applied Theory: Michela Cella, Luca Colombo, Stefano Colombo,
Mario Gilli, Michele Grillo, Piero Tedeschi, Giovanni Ursino
Risk, Banking and Finance: Vittoria Cerasi, Alessandro Sbuelz, Piero
Tedeschi
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Intellectual curiosity and strong analytical skills
You just need to pick your topic...
For more info please contact:
Theory: Ferdinando Colombo, Luca Colombo, Giovanna Iannantuoni,
Carsten Nielsen, Piero Tedeschi and Stergios Athanasoglou
Applied Theory: Michela Cella, Luca Colombo, Stefano Colombo,
Mario Gilli, Michele Grillo, Piero Tedeschi, Giovanni Ursino
Risk, Banking and Finance: Vittoria Cerasi, Alessandro Sbuelz, Piero
Tedeschi
Public Economics and Political Economy: Alessandro Santoro,
Massimo Bordignon, Michela Cella, Giovanna Iannantuoni, Simone
Morriconi, Stergios Athanasoglou.
Micro Group
()
Micro group
02/17
9/9
Summing up
Work with us on topics that are at the frontier of economics
This requires strong motivations and patience
Intellectual curiosity and strong analytical skills
You just need to pick your topic...
For more info please contact:
Theory: Ferdinando Colombo, Luca Colombo, Giovanna Iannantuoni,
Carsten Nielsen, Piero Tedeschi and Stergios Athanasoglou
Applied Theory: Michela Cella, Luca Colombo, Stefano Colombo,
Mario Gilli, Michele Grillo, Piero Tedeschi, Giovanni Ursino
Risk, Banking and Finance: Vittoria Cerasi, Alessandro Sbuelz, Piero
Tedeschi
Public Economics and Political Economy: Alessandro Santoro,
Massimo Bordignon, Michela Cella, Giovanna Iannantuoni, Simone
Morriconi, Stergios Athanasoglou.
THANK YOU
Micro Group
()
Micro group
02/17
9/9