The Research Department “Market Design” focuses on the analysis and optimisation of markets. Its aim is to improve the performance of existing markets by actively shaping market rules. To this end, it examines the peculiarities of each market and identifies their prevailing modes of action. To find a market mechanism that helps regulators to achieve their objectives in the best way possible, the Research Department uses theoretical, experimental and empirical methods.
How can market design improve the world?
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Keynote Speakers: Richard O’Neill (Federal Energy Regulatory Commission & Advanced Research Projects Agency, Washington, D.C., USA), Benjamin F. Hobbs (Johns Hopkins University, Baltimore, USA), José Pablo Chaves Ávila (Comillas Pontifical University, Madrid, Spain), Natalia Fabra (Universidad Carlos III de Madrid (UC3M), Spain), Frank Wolak (Stanford University, USA)
Speaker: Yan Chen (University of Michigan, Ann Arbor, USA)