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Nobel Memorial Prize in Economics-2014: Jean Tirole

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  • S. Avdasheva
  • A. Shastitko

Abstract

Jean Tirole’s Nobel Prize-winning research is described within the context of practical issues for economic policy and taking into account the relevance of his results for the real world. The paper considers how Tirole contributed to the resolution of “Chicago school paradoxes” in industrial organization and to explaining antitrust law enforcement in the new economy. We also emphasize specific features of Tirole’s textbook on industrial organization and demonstrate its significance for systematic knowledge of markets organization. The main elements of Tirole’s approach to optimal regulation are also discussed.

Suggested Citation

  • S. Avdasheva & A. Shastitko, 2015. "Nobel Memorial Prize in Economics-2014: Jean Tirole," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 1.
    • Handle: RePEc:nos:voprec:y:2015:id:41
    DOI: 10.32609/0042-8736-2015-1-5-21
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