IDEI Researcher
Member of the Toulouse School of Economics (TSE)
Professor of Economics, University Toulouse I

Contacts

Secretary

Links

Long CV (PDF file, 69 Kb)
Long CV (in french) (PDF file, 65 Kb)

Research Interests

Industrial Organization
Competition Policy
Economics of Information

Professional experiences

Current position

Former positions

Education

Grants and awards

Work in progress

Articles in working paper series

• "Accomplice-Witness and Organized Crime: Theory and Evidence from Italy", IDEI Working Paper, n. 777, March 30, 2013.

  (with Antonio Acconcia, Giovanni Immordino and Salvatore Piccolo)

  [ Full text (PDF file, 468 Kb) ]

• "Building Reputation for Contract Renewal: Implications for Performance Dynamics and Contract Duration", IDEI Working Paper, n. 757, November 2012.

  (with Elisabetta Iossa (DEF, University of Rome Tor Vergata, CEPR, CMPO and EIEF))

  [ Full text (PDF file, 574 Kb) ]

• "Vertical Integration, Information and Foreclosure", IDEI Working Paper, n. 673, March 2011, revised November 2011.

  (with Marie-Laure Allain and Claire Chambolle)

  [ New version November 2011 (PDF file, 448 Kb) | Old version March 2011 (PDF file, 505 Kb) ]

• "Does Retailer Power Lead to Exclusion?", IDEI Working Paper, n. 666, February 2011.

  (with Michael Whinston (Northwestern University and NBER))

  [ Full text (PDF file, 215 Kb) ]

• "Foreclosing Competition through Access Charges and Price Discrimination", IDEI Working Paper, n. 570, June 2009, revised February 2012.

  (with Angel Lopez)

  [ Full text (PDF file) ]

• "Termination fees revisited", IDEI Working Paper, n. 551, April 2009, revised 2012.

  (with Bruno Jullien and Wilfried Sand-Zantman)

  [ Full text (PDF file, 387 Kb) ]

• "On the Design of Leniency Programs", IDEI Working Paper, n. 452, April 2007, revised January 2012.

  (with Zhijun Chen)

  [ Full text (PDF file, 296 Kb) ]

• "The Economics of Tacit Collusion", IDEI Working Paper, n. 186, Final Report for DG Competition, European Commission, 2003.

  (with Marc Ivaldi, Bruno Jullien, Paul Seabright and Jean Tirole)

  [ Full text (PDF file, 453 Kb) ]
• "The Economics of Unilateral Effects", IDEI Working Paper, n. 222, Report for DG Competition, European Commission, 2003.

  (with Marc Ivaldi, Bruno Jullien, Paul Seabright and Jean Tirole)

  [ Full text (PDF file, 537 Kb) ]
• "Moral Hazard, Collusion and Group Lending", IDEI Working Paper, n. 122, 2003.

  (with Jean-Jacques Laffont)

  [ Full text (PDF file, 168 Kb) ]

• "The Activities of a Monopoly Firm in Adjacent Competitive Markets: Economic Consequences and Implications for Competition Policy", IDEI Working Paper, n. 132, 2001, revised 2002.

  (with Paul Seabright and Jean Tirole)

  [ Full text (PDF file, 141 Kb) | Abstract (PDF file, 8 Kb) ]
• "Alignement of Interests and the Governance of Joint Ventures", IDEI Working Paper, n. 441, 2001.

  (with Jean Tirole)

  [ Full text (PDF file, 323 Kb) ]

• "Loyalty and Investment in Cooperatives", IDEI Working Paper, n. 123, 2000.

  (with Jean Tirole)

• "Agency Costs, Firm Behavior and the Nature of Competition", IDEI Working Paper, n. 77, 1997, revised 2000.

  (with Philippe Aghion and Mathias Dewatripont)

  [ Full text (PDF file, 2 Mb) ]

Mimeos

• Abuse of Dominance and Licensing of Intellectual Property, November 2010.

  (with David Salant)

  [ Full text (PDF file, 393 Kb) ]

• Competition Policy and Economic Development, 1997.

  [ Full text (PDF file, 217 Kb) ]

• Moral Hazard in Competitive Equilibrium, 1993.

  (with Joseph Stiglitz)

• Short-term Contracts and Monitoring, 1991.

  (with Joseph Stiglitz)

Publications

Articles in refereed journals

• "Loss Leading as an Exploitative Practice", American Economic Review, vol. 102, n. 7, 2012, p. 3462-3482. doi:10.1257/aer.102.7.3462.

  (with Zhijun Chen)

  [ Full text (PDF file, 432 Kb) ]
• "Abuse of Dominance and Licensing of Intellectual Property", International Journal of Industrial Organization, vol. 30, n. 6, 2012, p. 518-257.

  (with David Salant (TSE))

• "Buyer Power and Intraband Coordination", Journal of the European Economic Association, vol. 9, n. 4, August 2011, p. 721-741. doi:10.1111/j.1542-4774.2011.01019.x.

  (with Jeanine Miklos-Thal and Thibaud Vergé)

  [ Abstract (PDF file) ]

• "Collusion and Leadership", International Journal of Industrial Organization, vol. 29, n. 6, 2011, revised October 2007, p. 705-717. doi:10.1016/j.ijindorg.2011.03.005.

  (with Igor Mouraviev)

• "Resale Price Maintenance and Interlocking Relationships", The Journal of Industrial Economics, vol. 58, n. 4, December 2010, p. 928-961. doi:10.1111/j.1467-6451.2010.00439.x.

  (with Thibaud Vergé)

• "Vertical relations", International Journal of Industrial Organization, vol. 28, n. 4, 2010, p. 345-349. doi:10.1016/j.ijindorg.2010.02.007.

  (with Jeanine Miklos-Thal and T. Verge)

• "Private Antitrust Enforcement in the Presence of Pre-Trial Bargaining", The Journal of Industrial Economics, vol. 57, n. 3, September 2009, p. 372-409. doi:10.1111/j.1467-6451.2009.00383.x.

  (with Sylvain Bourjade and Paul Seabright)

• "Financing and Access in Cooperatives", International Journal of Industrial Organization, vol. 25, n. 5, October 2007, p. 1061-1088.

  (with Jean Tirole)

  [ Full text (PDF file, 364 Kb) ]

• "Resale Price Maintenance and Collusion", The RAND Journal of Economics, vol. 38, n. 4, Winter 2007, p. 983-1001.

  (with Bruno Jullien)

  [ Full text (PDF file) ]

• "The Impact of Leniency and Whistleblowing Programs on Cartels", International Journal of Industrial Organization, vol. 24, n. 6, November 2006, p. 1241-1266. doi:10.1016/j.ijindorg.2006.04.002.

  (with Cécile Aubert and William Kovacic)

  [ Full text (PDF file, 263 Kb) ]

• "Transferable Control", Journal of the European Economic Association, vol. 2, n. 1, March 2004, p. 115-138.

  (with Philippe Aghion and Mathias Dewatripont)

  [ Full text (PDF file, 255 Kb) ]

• "Vertical Mergers and Market Foreclosure", Research in Law and Economics, n. 21, 2004, p. 445-458.

  (with W. Comanor)
• "Bilateral Control with Vertical Contracts", The RAND Journal of Economics, vol. 35, n. 4, Winter 2004, p. 728-746.

  (with Thibaud Vergé)

  [ Full text (PDF file, 331 Kb) | Appendix (PDF file, 248 Kb) ]

• "Internet Interconnection and the Off-Net-Cost Pricing Principle", The RAND Journal of Economics, vol. 34, n. 2, 2003, p. 370-390.

  (with Jean-Jacques Laffont, Scott Marcus and Jean Tirole)

  [ Full text (PDF file, 370 Kb) | Abstract (PDF file, 37 Kb) ]

• "Capacity Constraints, Mergers and Collusion", European Economic Review, vol. 46, n. 1, Elsevier, January 2002, p. 1-29.

  (with Olivier Compte and François Jenny)

  [ Full text (PDF file, 413 Kb) ]

• "On partial Contracting", European Economic Review, vol. 46, n. 4, Elsevier, 2002, revised January 2002, p. 745-753. doi:10.1016/S0014-2921(01)00227-6.

  (with Philippe Aghion and Mathias Dewatripont)

• "Internet Peering", American Economic Review, vol. 91, n. 2, May 2001, p. 287-291.

  (with Jean-Jacques Laffont, Scott Marcus and Jean Tirole)

  [ Jstor© ]

• "Connectivity in the Commercial Internet", The Journal of Industrial Economics, vol. 48, n. 4, December 2000, p. 433-472.

  (with Jacques Crémer and Jean Tirole)

  [ Jstor© ]

• "Vertical Restraints and the Market Power of Large Distributors", Review of Industrial Organization, vol. 17, n. 2, 2000, p. 135-153.

  (with W. Comanor)

• "Competition, Financial Discipline and Growth", The Review of Economic Studies, vol. 64, n. 4, 1999, p. 825-852. doi:10.1111/1467-937X.00110.

  (with Philippe Aghion and Mathias Dewatripont)

  [ Final Version_Working Paper (PDF file, 1 Mb) ]

• "Pricing Regulation under Bypass Competition", The RAND Journal of Economics, vol. 29, n. 2, 1998, p. 259-279.

  (with Nicolas Curien and Bruno Jullien)

  [ Jstor© ]
• "Network Competition: I. Overview and Nondiscriminatory Pricing", The RAND Journal of Economics, vol. 29, n. 1, Spring 1998, p. 1-37.

  (with Jean-Jacques Laffont and Jean Tirole)

  [ Jstor© ]
• "Network Competition: II. Price Discrimination", The RAND Journal of Economics, vol. 29, n. 1, Spring 1998, p. 38-56.

  (with Jean-Jacques Laffont and Jean Tirole)

  [ Jstor© ]

• "Corporate Governance, Competition Policy and Industrial Policy", European Economic Review, vol. 41, n. 3-5, Elsevier, 1997, p. 797-805.

  (with Philippe Aghion and Mathias Dewatripont)
• "Competition Between Telecommunications Operators", European Economic Review, vol. 41, n. 3-5, Elsevier, 1997, p. 701-711.

  (with Jean-Jacques Laffont and Jean Tirole)

  [ ScienceDirect© (PDF file) ]

• "Long-Term, Short-term and Renegotiation: On the Value of Commitment with Asymmetric Information", Econometrica, vol. 64, n. 6, 1996, p. 1395-1414.

  (with Bernard Salanié)

  [ Final Version_Working Paper (PDF file, 969 Kb) ]

• "Strategic Aspects of Delegation", European Economic Review, vol. 39, Elsevier, 1995, p. 421-431.

  (with Bernard Caillaud)
• "The Role of Exclusive Territories in Producers' Competition", The RAND Journal of Economics, vol. 26, 1995, p. 431-451.

  (with Joseph Stiglitz)

  [ Website ]

• "Renegotiation Design with Unverifiable Information", Econometrica, vol. 62, n. 2, 1994, p. 257-282.

  (with Philippe Aghion and Mathias Dewatripont)

  [ Final Version_Working Paper (PDF file, 1 Mb) ]
• "Repeated Moral Hazard : The Role of Memory, Commitment, and the Access to Credit Markets", European Economic Review, vol. 38, n. 8, Elsevier, 1994, p. 1227-1253.

  (with Pierre-André Chiappori, Ines Macho and Bernard Salanié)

• "Noisy Observation in Adverse Selection Models", The Review of Economic Studies, vol. 59, n. 3, 1992, p. 595-616.

  (with Bernard Caillaud and Roger Guesnerie)

  [ Final Version_Working Paper (PDF file, 1 Mb) ]

• "Long-Term, Short-term and Renegotiation: On the value of Commitment in Contracting", Econometrica, vol. 58, n. 3, 1990, p. 597-619.

  (with Bernard Salanié)

• "On Renegotiation Design", European Economic Review, vol. 34, n. 2/3, Elsevier, 1989, p. 322-329.

  (with Philippe Aghion and Mathias Dewatripont)
• "Adverse Selection and Moral Hazard with Risk-Neutral Agents", European Economic Review, vol. 33, n. 4, Elsevier, 1989.

  (with Roger Guesnerie and Pierre M. Picard)

• "Government Intervention in Production and Incentives Theory: A Review of Recent Contributions", The RAND Journal of Economics, vol. 29, n. 1, Spring 1988, p. 1-26.

  (with Bernard Caillaud, Roger Guesnerie and Jean Tirole)

  [ Jstor© ]
• "Vertical Restraints and Producers' Competition", European Economic Review, vol. 32, Elsevier, 1988, p. 561-568.

  (with Joseph Stiglitz)

• "The Logic of Vertical Restraints", American Economic Review, vol. 76, n. 5, December 1986, p. 921-939.

  (with Jean Tirole)

  [ Jstor© ]

Contributions to books

• "Economics of Vertical Restraints", in Handbook of Antitrust Economics, chapter 9, The MIT Press, April 2008, p. 353-390.

  (with Thibaud Vergé)

• "Price Control in Vertical Relations", in The Pros and Cons of Vertical Restraints, chapter 5, Swedish Competition Authority, 2008, p. 135-166.

• "The Economics of Tacit Collusion in Merger Analysis", in The Political Economy of Antitrust, vol. 282, chapter 8, Elsevier Science, March 2007.

  (with Marc Ivaldi, Bruno Jullien, Paul Seabright and Jean Tirole)

• "The Economics of Tacit Collusion: Implications for Merger Control", in The Political Economy of Antitrust, vol. 282, Elsevier Science, 2007, p. 217-240.

  (with Marc Ivaldi, Paul Seabright and Jean Tirole)
• "A Primer on Foreclosure", in Handbook of Industrial Organization, vol. III, North Holland, 2007, p. 2145-2220.

  (with Jean Tirole)

  [ Full text (PDF file, 752 Kb) ]

• "Dominance and Monopolization", in The International Handbook of Competition, Edward Elgar Publishing, 2005.

  (with Marcel Canoy and Eric E.C. Van Damme)

• "Collective Dominance and the Telecommunications Industry", in The Economics of Antitrust and Regulation in Telecommunications, chapter 6, Edgard Elgar Publishing, 2004.

• "Economic Analysis and the Choice of Remedy", in Merger Remedies in American and European Union Competition Law, Edward Elgar Publishing, Cheltenham, 2003.
• "Retailer Buying Power and Competition Policy", in Annual Proceedings of the Fordham Corporate Law Institute - International Antitrust Law & Policy, Juris Publishing, 2003, p. 487-511.
• "The Economics of Vertical Restraints", in Economics for an Imperfect World: Essays in Honor of Joseph E. Stiglitz, chapter 14, MIT Press, Cambridge, 2003, p. 247-268.
• "Towards a Theory of Competition Policy", in Advances in Economics and Econometrics: Theory and Applications - Eight World Congress, series Econometric Society Monographs, vol. II, n. 36, Cambridge University Press, 2003, p. 82-132.

Articles in the Press

• "Réussir l'Autorité de la Concurrence", Les Echos, June 2, 2008.

  [ Full text (PDF file, 80 Kb) ]

• "Distribution: rétablir enfin une vraie concurrence", Les Echos, December 24, 2007.

  [ Full text ]

• "Libérez la distribution", L'Expansion, n. 725, December 2007.

  [ Full text ]

• "La chasse aux ententes frauduleuses est ouverte", Le Monde, July 4, 2006.

• "L'oligarchie des hypers", L'Expansion, n. 692, December 2004.

  [ Full text (PDF file, 52 Kb) ]

Reports

• "Notes on the Economics of Termination Charges", Rapport IDEI, n. 6, July 2008.

  (with Bruno Jullien)

  [ Full text (PDF file, 227 Kb) ]

• "Charges de terminaison et concurrence: Quelques leçons de la littérature économique", Rapport IDEI, n. 4, June 2006.

  (with Bruno Jullien)

  [ Full text (PDF file, 138 Kb) ]