Mission Statement
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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Events
Deregulation, Market Power, and Prices Evidence from the Electricity Sector
Speaker: Ignacia Mercadal (School of International and Public Affairs, Columbia University, New York, USA)
Are New Vehicle Emissions Standards Effective and Efficient? Joint Seminar ZEW and MISES
Speaker: Arthur van Benthem (The Wharton School, The University of Pennsylvania, Philadelphia, USA)
Optimal Queue Design
Speaker: Yeon-Koo Che (Columbia University, New York, USA)
Learning Through the Grapevine The Impact of Noise and the Breadth and Depth of Social Networks
Speaker: Matthew O. Jackson (Stanford University, USA)
Virtual Teams for the Gig Economy
Speaker: Yan Chen (University of Michigan, Ann Arbor, USA)