Competition Policy and Regulation
Competition policy intends to prevent collusion among competing firms and to prevent individual firms from excercising “market power’’ and setting “too high” prices. Regulation seeks, either directly or indirectly, to control prices, intervening in market decisions such as pricing, entry, or exit, in markets such as energy, water and telecomunications.
Corporate Finance deals with the two main challenges faced by the financial management of a company: the investment decision, concerning the use of company resources in productive projects, and the funding decision, or of capital structure, which examines how to obtain the money needed to finance the investments.
Energy and the Environment
Energy growth is directly linked to well-being and prosperity across the globe. Meeting the growing demand for energy in a safe and environmentally responsible manner is a key global challenge. Both the Economic and Operations Research discipline conduct research and evaluate public policies in the oil, gas, coal and electricity markets.
Innovation and Entrepeneurship
Innovation refers to renewing, changing or creating more effective processes, products or ways of doing things. Entrepreneurship is the practice of starting a new business or reviving an existing business. The contribution of innovation and entrepreneurship to economic prosperity has grown exponentially in the global knowledge economy.