Chillin'Competition

Relaxing whilst doing Competition Law is not an Oxymoron

A Nobel moment

with 2 comments

Jean Tirole

Congratulations to Jean Tirole on the Nobel Prize! I cannot imagine anybody being unhappy or disappointed about this year’s pick. Even though he is just 61, I am ready to say the prize comes a little late. I confess I have been waiting for this moment since at least 2009, when it went to Elinor Ostrom and Oliver Williamson. The upside of waiting a few more years is that the award comes solo this time, comme il le fallait.

He is one of these economists who does not need an introduction. He is the author of The Book on Industrial Organisation (le Tirole) and has made fundamental contributions in the field. For instance, his 2003 landmark paper (with Jean-Charles Rochet) on two-sided markets has proved to be enormously influential, as Groupement des Cartes Bancaires and MasterCard show. Competition in Telecommunications, written jointly with the late Jean-Jacques Laffont, is one of my favourite books, and is a good introduction to his work on regulation. I guess I could keep going for a while (for instance, I remember discussing his work on open source software with a colleague the other day).

Written by Pablo Ibanez Colomo

14 October 2014 at 11:47 am

Posted in Uncategorized

2 Responses

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  1. the article he co-authored with JC Rochet in 2006 on two-sided markets was cited in the Opinion of AG Wahl in CB (see footnote 4)

    luca

    22 October 2014 at 9:00 am


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