What was the focus of Tirole's Nobel-prize winning analysis?
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Answer
Jean Tirole won the Nobel Prize in Economic Sciences for his work on market power and regulation. His research has shown how firms with market power can use their position to extract profits from consumers, and how regulators can design policies to limit this power. Tirole's work has been influential in the design of competition policy and regulation around the world.
Mastering the Jean-ius: A Quiz on the Extraordinary Mind of Jean Tirole
More Questions
What field apart from banking and finance does Tirole work with?
What does Jean Tirole want to avoid hindering through economic regulation?
What is the main area of Tirole's economic teaching?
What key element does Tirole police through his analysis of market regulation?
In what context did Tirole quote about'private interests and lack of compassion'?
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