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Regular version of the site

Research at ICEF

ICEF faculty conduct research that is published in internationally leading peer-reviewed journals. They regularly participate in major international conferences in Economics and Finance. The ICEF International Laboratory of Financial Economics organizes annual conferences and workshops in Economics and Finance, attracting leading researchers from around the world to participate. ICEF conducts a regular research seminar series inviting world-renown academics to present their latest research.

ICEF People

Alexei Boulatov, PhD Finance, Tenured Professor

ICEF People

Sofya Budanova, PhD Economics, Assistant Professor

ICEF People

Vincent Fardeau, PhD Finance, Assistant Professor

ICEF People

Markus Gebauer, PhD Economics, Assistant Professor

ICEF People

Runjie Geng, PhD Banking and Finance, Assistant Professor

ICEF People

Dmitry Makarov, PhD Finance, Associate Professor

ICEF People

Tatiana Mayskaya, PhD Social Science, Assistant Professor

ICEF People

Maxim Nikitin, PhD Economics, Associate Professor

ICEF People

Fabian Slonimczyk, PhD Economics, Associate Professor

ICEF People

Vladimir Sokolov, PhD Economics, Associate Professor

ICEF People

Sergey Stepanov, PhD Economics, Associate Professor

ICEF People

Alexander Usvitskiy, PhD Economics, Assistant Professor

ICEF People

Anna Yurko, PhD Economics, Associate Professor

ICEF People

Kirill Bukin, PhD, Associate Professor

ICEF People

Grigory Kantorovich, PhD, Tenured Professor, Distinguished Professor

ICEF People

Olga Kuzina, PhD Sociology, Professor

ICEF People

Anatoly Peresetsky, PhD, Tenured Professor

ICEF People

Alla Fridman, PhD, Tenured Professor

ICEF Alumni

Natalia Gimpelson, student at University of Rochester, PhD in Economics

ICEF Alumni

Аrtem Gudov, Head of Investment Department, M.Video

ICEF Alumni

Martsella Davitaya, student at Columbia University, PhD in Economics

ICEF Alumni

Danil Dmitriev, student at University of California, PhD in Economics

ICEF Alumni

Anastasia Erastova, студентка NYU Courant Institute, MSc in Mathematics

ICEF Alumni

Valeriya Erokhina, student at EDHEC, MSc in Financial Markets

ICEF Alumni

Ilya Ilyin, student at Boston University, PhD in Economics

ICEF Alumni

Sergey Kozlov, Operations Director, LEGO

ICEF Alumni

Filipp Kolchin, senior consultant, Bain & Compan

ICEF Alumni

Ekaterina Kolchina, Deputy CEO, Papa John's Russia

ICEF Alumni

Kirill Kondrashin, Executive Director, DCM, J.P. Morgan

ICEF Alumni

Sergey Kurdyukov, vice-president, Citigroup

ICEF Alumni

Ekaterina Lopareva, analyst, Unicredit bank

ICEF Alumni

Viktoriia Petrova, Investment Banking Analyst (FIG), Deutsche Bank

ICEF Alumni

Olga Ponomarenko, Quantitative analyst, Barclays

ICEF Alumni

Maria Chaderina, Assistant Professor, Vienna University of Economics and Business

ICEF Alumni

Ekaterina Chegaeva, student at Princeton University, Master in Finance

ICEF Research Seminar by David Ronayne (University of Oxford)

Event ended

On Thursday, September 14 at 4.40 pm, room 3211 (Shabolovka str. 26) ICEF will hold the Research Seminar.
Speaker: David Ronayne (University of Oxford)
Theme: "The Balance of Power in Markets with Competitive and Direct Sales Channels" joint with Greg Taylor

On Thursday, September 14 at 4.40 pm, International College of Economics and Finance will hold the Research Seminar.
Speaker: David Ronayne (University of Oxford)
Theme: "The Balance of Power in Markets with Competitive and Direct Sales Channels" joint with Greg Taylor
Venue: Shabolovka st., 26, room 3211

Abstract: We model strategic interactions in a market where producers sell to consumers directly as well as via a competitive channel (CC) such as a broker, online marketplace or price comparison website. Equilibrium falls into one of two regimes: either the CC charges low commission and accommodates producers, or it charges high commission and faces strong competition from producers’ direct sales channel. We show how the size of the competitive channel can influence market outcomes. Seemingly pro-competitive developments can have a non-monotonic effect on prices. Specifically, increasing the number of prices consumers check can increase prices and decrease total consumer surplus. We extend the model to examine endogenously-determined compositions of market power between direct and competitive channels. We also use the model to study some active policy issues, including an analysis of which channels should be allowed access to consumers’ data where that data facilitates future sales.

Everyone interested is welcome to attend!

Pass can be ordered by:
tel. (495)772-95-90*26090
e-mail: vzheleznov@hse.ru
contact: Zheleznov Slava

Forthcoming seminars

Date

September 14, 2017 16:40

Topics

Research

About

International College of Economics and Finance