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Industrial Economics Reading Group

The Industrial Economics Reading Group meets fortnightly during term time to discuss recent, high-quality research published in Industrial Economics. Its members include faculty, CCP researchers and PhD students. Members take it in turns to choose and introduce a paper and discuss its methodology, findings and significance. Research presented focuses on the top 5 general academic economics journals, the top field journals and the most important researchers in the field.
The group was founded originally in 2012 by two former PhD students Frederick Wandschneider and Panayiotis Agisilaou with a more specialized focus on cartels and collusion. It is now administered by Weijie Yan. 

Please email for more information or to join the group's mailing list.

Group Members

Prishnee Armoogum (ECO)

Prishnee holds an MSc in Economics with Financial Management from the Middlesex University (2006) and a BSc degree in Economics and Finance from the University of Mauritius (2004). Her research interest is competition enforcement across the different competition authorities of the world (including small economies).


Dr Sheheryar Banuri (ECO)


Dr Farasat Bokhari (ECO)

Farasat Bokhari is a Senior Lecturer (Associate Professor) in the School of Economics and Centre for Competition Policy at the University of East Anglia. He received his Ph.D. in Public Policy and Management from the Heinz School at Carnegie Mellon University, USA.  Dr. Bokhari has taught at King’s College London (Lecturer, Department of Primary Care and Public Health Sciences), and Florida State University (Assistant Professor, Department of Economics), and was a post-doctoral fellow at the University of California, Berkeley (School of Public Health).  Read more.


Chang-Ju Chiang (ECO)

Chang-Ju is a PhD student in the School of Economics at UEA. He gained his MSc degree in Economics from the University of Essex.His research interests are in the field of Industrial Organization and Applied Econometrics.


Carsten Crede (ECO)

Carsten is a PhD student in the UEA School of Economics and a student member of the Centre for Competition Policy. He gained his undergraduate degree in Management and Economics and a postgraduate degree in Economics from Ruhr University Bochum, as well as a postgraduate degree in Industrial Economics from UEA. Carsten's research interests include issues in Industrial Organisation and Applied Econometrics. At the moment he is involved in research on collusion of firms, the operation and detection of cartels, as well as cartel pricing mechanisms.


Prof Stephen Davies (ECO)

Stephen Davies is Professor of Economics in the School of Economics at UEA. His research interests include: the economics of competition policy; cartels and tacit collusion; evaluation of competition policy; mergers; industrial structure. He is a member of the Academic Panel which advises the Office of Fair Trading. He was formerly the General Editor of The Journal of Industrial Economics. He is currently working on: the interface between tacit and explicit collusion, detection and deterrence in competition policy; competition through non-linear pricing in the electricity market; and coordinated effects mergers. Read more.


Dr David Deller (CCP)

David joined CCP in September 2013. He graduated with a BA in Economics and Management from University College, University of Oxford in 2005. In 2008 he completed an MSc in Economics at the University of Essex and in 2013 received a PhD in Economics, also from the University of Essex. At CCP, David is currently working on two projects. The first project is to investigate the development of the regulatory state across EU countries and different sectors over the last 30 years. The second project is to understand consumer switching behaviour within the UK energy market using survey data.


Prof Paul Dobson (NBS)

Paul is Professor of Business Strategy and Public Policy and Head of Norwich Business School.  He joined UEA in July 2010 having previously held the Storaid Chair of Retailing and Chair of Competition Economics at Loughborough University since 1998.  He is recognised as a leading international authority on pricing strategy, retail competition, and supply-chain relations.  He has written extensively on these matters, advised numerous national and international organisations, and provided regular commentary for a wide range of media (including TV, radio, and news/trade press). He holds three degrees, including MSc and PhD in economics from the University of London, and have held academic posts previously at the University of St Andrews (1988-9), the University of Nottingham (1990-98), and Loughborough University (1998-2010). Read more.


Prof Amelia Fletcher (NBS)

Ameila is a Professor of Competition Policy at the Centre for Competition Policy and Norwich Business School. She is also a Non-Executive Director at the Financial Conduct Authority and was previously Chief Economist at the Office of Fair Trading (2001-2013), where she also spent time leading the OFT's Mergers and Competition Policy teams. Before joining the OFT, she was an economic consultant at Frontier Economics (1999-2001) and London Economics (1993-1999).

Amelia has written and presented widely on competition and consumer policy. In her ongoing research, she has a particular interest in the implications for competition and consumer policy of behavioural economics and online markets. She is also developing an online distance-learning MSc in competition policy to be offered to practitioners internationally. Amelia gained her DPhil and MPhil in economics from Nuffield College, Oxford and she has been on the Councils of the Royal Economic Society and the Association of Competition Economics and on the advisory panel for the ESRC Centre for Economic Learning and Social Evolution (ELSE). Read more


Dr Sang-Hyun Kim (ECO)

Sang-Hyun is a Lecturer in Industrial Organization. He finished his PhD in Economics in 2013 at Michigan State University. His research interests are in Industrial Organization, Financial Economics and Political Economy. His PhD thesis investigates how ownership structure of private firms affects their incentives to build political connections. Read more.


Dr Nikolaos Korfiatis (NBS)

Nikos is a Senior Lecturer in Business Analytics at Norwich Business School (NBS) and associated faculty at the Centre of Competition Policy (CCP). Before joining NBS, he worked as Senior Researcher at the Chair for Databases and Information Systems at the Department of Informatics of the Goethe University Frankfurt, Germany. Nikos co-founded together with Professor Roberto Zicari the Big Data Laboratory of the Goethe University ( and acted as a Director for Analytics and Data Science. Before joining Goethe University he worked as an Assistant Research Professor (Post.doc) at the Department of Economics of the University of Copenhagen doing research in Experimental Economics and IT. He completed my PhD in 2009 at Copenhagen Business School (CBS), Denmark under the supervision of Prof. Volker Mahnke and holds an MSc in Engineering from the Royal Institute of Technology (KTH), Stockholm with specialization in Information Retrieval (2006). He completed his undergraduate studies at the Athens University of Economics and Business (2004) and has so far lived and worked in 5 different countries (Greece, Sweden, Denmark, Germany and UK). Read more


Yimeng Li (NBS)


Liang Lu (NBS)

Liang is an SSF-funded research student who joined the School of Economics UEA in October 2012. Prior to her PhD, she obtained an MSc degree in Economics from the University of Warwick and a BSc degree in Business Economics from UEA. Liang's research interests are Industrial Organization and Consumer Behaviour. Liang is supervised by Professor Bruce Lyons and Dr Subhasish Modak Chowdhury. Her PhD research topic is High-street and Luxury Collaborations, with Chapter 1 focusing on oligopoly proliferation and entry deterrence in the model of vertical product differentiation.


Prof Bruce Lyons (ECO)

Bruce Lyons is Professor of Economics and Deputy Director of the ESRC Centre for Competition Policy (CCP). He is a member of the Economic Advisory Group for Competition Policy (EAGCP) to the European Commission, the Economics Reference Group (ERG) of the NHS Cooperation and Competition Panel, and the Scientific Board of the Austrian Institute of Economic Research (WIFO). He was formerly Editor of Journal of Industrial Economics, Associate Editor of Economica, and a part-time Member of the UK Competition Commission (2002-11). Read more.


Dr Franco Mariuzzo (ECO)

Franco Mariuzzo obtained his Master's degree of Economics and Finance from Venice International University and completed his Doctorate in Quantitative Economics in 2004 at Ca' Foscari University of Venice. He has taught Econometrics and Industrial Organization. His fields of research are Applied Econometrics and Industrial Organization. He has worked with structural models to evaluate horizontal mergers and acquisitions in differentiated products industries, and has focused on collusion in homogeneous good industries. He is currently pursuing research in the growth-of-firms literature. Read more.


Dr Peter Ormosi (NBS)

Peter is a competition policy expert with almost 15 years of relevant experience, able to work on both the legal and economic aspects of competition. His primary comparative strength is that he is capable of capitalising on the synergies between two disciplines. He has published in both economics and law journals of international excellence. Peter's research is mapped around various topics in competition law and economics, including the analysis of the anti-competitive effects of mergers, cartel detection and deterrence, and the ex post evaluation of the impact of competition enforcement including the analysis of the deterrent effect of law enforcement. Read more.


Ioannis Pappous (ECO)


Dr Lily Samkharadze (NBS)


Prof Catherine Waddams (NBS)

Catherine Waddams (formerly Price) is a faculty member of CCP and Professor in Norwich Business School, which she joined in 2000. She was director of CCP until July 2011. From 1995 to 2000 she was founding Director of the Centre for Management under Regulation and Professor in Warwick Business School, and prior to that senior lecturer in economics at the University of Leicester. She has held visiting positions at the University of California at Berkeley, the University of Copenhagen and the University of Cambridge.

Her research interests are in the area of Industrial Organization, and she has published widely on privatization, regulation and the introduction of competition, especially in energy markets. She is particularly interested in the distributional impact of regulatory reform, and consumer choice in newly opened markets, both in the UK and elsewhere. Read more.


Weijie Yan (ECO)

Past Meetings

Date Title Author(s) Reference Presenter
03/02/2012 Private monitoring and communication in cartels: explaining recent collusive practices Joseph Harrington and Andrzej Skrzypacz AER 101 (Oct. 2011), pp. 1-25 Frederick Wandschneider
24/02/2012 Endogenous cartel formation with heterogeneous firms Iwan Bos and Joseph Harrington Rand 42(1) (2010), pp. 92-117 Richard Havell
09/03/2012 Cartel duration and endogenous private monitoring and communication: an instrumental variables approach Jun Zhou TILEC Discussion paper No. 2012-009 Panayiotis Agisilaou
23/03/2012 Strategic leniency and cartel enforcement Nathan Miller AER 99(3) (2009), pp. 750-768 Peter Ormosi
20/04/2012 Semi-collusion in media markets Ralf Dewenter, Justus Haucap and Tobias Wenzel International Review of Law and Economics 31(2) (2011), pp. 92-98 Anna Rita Bennato
04/05/2012 The impact of collusion on price behavior: Empirical results from two recent cases Yuliya Bolotova, John M. Connor and Douglas J. Miller IJIO 26 (2008), pp. 1290–1307 Saeed Alkatheeri
18/05/2012 A Study of the Internal Organization of a Bidding Cartel John Asker American Economic Review 100 (2010), pp. 724–762 Franco Mariuzzo
22/06/2012 The role of demand information and monitoring in tacit collusion Christian Rojas RAND Journal of Economics Vol. 43(1) (2012), pp. 78-109 Miguel Flores
06/07/2012 Price leadership and coordination in retail gasoline markets with price cycles Matthew S. Lewis International Journal of Industrial Organization 30 (2012) 342–351 Frederick Wandschneider
28/09/2012 The anatomy of cartel contracts Ari Hyytinen, Frode Steen and Otto Toivanen CEPR Discussion Paper No. DP9362
12/10/2012 Leniency programs for multimarket firms: The effect of Amnesty Plus on cartel formation Yassine Lefouili and Catherine Roux International Journal of Industrial Organization, Volume 30, Issue 6, November 2012, Pages 624–640 Richard Havell
26/10/2012 Explicit vs. tacit collusion: The impact of communication in oligopoly experiments Miguel A. Fonseca and Hans-Theo Normann European Economic Review, Volume 56, Issue 8, November 2012, Pages 1759–1772 Miguel Flores
23/11/2012 Estimating Switching Costs for Medicare Advantage Plans? Kathleen Nosal Unpublished manuscript, University of Mannheim, 2012 Franco Mariuzzo
07/12/2012 Mergers When Prices Are Negotiated: Evidence from the Hospital Industry Keith Brand, Gautam Gowrisankaran, Aviv Nevo, Robert Town NBER Working Paper No. 18875 Franco Mariuzzo
01/02/2013 Testing Models of Consumer Search Using Data On Web Browsing and Purchasing Behavior Babur De Los Santos, Ali Hortaçsu, And Matthijs R. Wildenbeest American Economic Review, 2012, 102(6): 2955-80 Frederick Wandschneider
15/02/2013 A Search Cost Model of Obfuscation Glenn Ellison and Alexander Wolitzky The RAND Journal of Economics (2012), 43: 417–441. Miguel Flores
01/03/2013 Spatial Differentiation and Vertical Mergers in Retail Gasoline Markets Jean-François Houde American Economic Review 102.5 (2012): 2147-2182. Richard Havell
26/04/2013 Private Patent Protection In The Theory of Schumpeterian Growth Lewis S. Davis and Fuat Şener European Economic Review 56 (2012) 1446–1460 Christopher Wadlow
19/05/2013 Downstream Labelling and Upstream Price Competition Olivier Bonroy and Stéphane Lemarié European Economic Review Volume 56, Issue 3, April 2012, Pages 347–360 Liang Lu
11/09/2013 The impact of advertising regulation on industry: the cigarette advertising ban of 1971 Shi Qi The RAND Journal of Economics (2013), 44: 215-248 Anna Rita Bennato
25/10/2013 Demand Fluctuations in the Ready-Mix Concrete Industry Allan Collard-Wexler Econometrica, Vol. 81, No. 3 (May, 2013), pp 1003–1037 Franco Mariuzzo
15/11/2013 Estimating network economies in retail chains: a revealed preference approach Paul B. Ellickson, Stephanie Houghton and Christopher Timmins The RAND Journal of Economics, Volume 44, Issue 2, pages 169–193, Summer 2013 Richard Havell
22/11/2013 Competition and the Use of Foggy Pricing Eugenio Miravete American Economic Journal: Microeconomics 2013, 5(1): 194-216 Carsten Creed
06/12/2013 Ownership Consolidation and Product Characteristics: A Study of the US Daily Newspaper Market Ying Fan American Economic Review, 103(5): 1598-1628 Peter Ormosi
31/01/2014 Competition with Exclusive Contracts and Market-Share Discounts Giacomo Calzolari and Vincenzo Denicolò American Economic Review (2013), 103(6): 2384-2411 Shintaro Ueda
28/02/2014 Raising Retailers' Profits: On Vertical Practices and the Exclusion of Rivals John Asker and Heski Bar-Isaac American Economic Review (2014), 104(2): 672-86 Richard Havell
14/03/2014 Intertemporal Price Discrimination in Storable Goods Markets Igal Hendel and Aviv Nevo American Economic Review (2013), 103(7): 2722-51 David Deller
28/03/2014 Competition, Disclosure and Signalling Maarten Janssen and Santanu Roy Economic Journal, 2013, Accepted Article Miguel Flores
25/09/2015 The Provision of convenience and variety by the market Bart Bronnenberg RAND Franco Mariuzzo
09/10/2015 How limiting deceptive practices harm consumers  Piccolo et al RAND Ioannis Pappous
23/10/2015 Do Pharmacists Buy Bayer? Informed Shoppers and the Brand Premium Bronnenberg et al QJE David Deller
20/11/2015 Buyer Power and exclusion in vertically related markets  Tommy Staahl Gabrielsen, Bjørn Olav Johansen IJIO Liang Lu
04/12/2015 Penalizing Cartels: The case for basing penalties on price overcharge Katsoulacos et al IJIO Carsten Crede
22/01/2016 Market size and pharmaceutical innovation Dubois et al RAND 2015 Farasat Bokhari
05/02/2016 Does merger simulation work? Evidence from the Swedish Analgesics Market  Verboven et al AEJ Applied Economics  Weigie Yan
19/02/2016 Exploitative Innovation Heidhues et al AEJ Microeconomics  Ioannis Pappous
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