Complex Engineering Systems Institute - ISCI
The Complex Engineering Systems Institute (ISCI), housed at the Universidad de Chile, has brought together a group of top researchers from eight Chilean universities. Each of the researchers has been invited to join ISCI in view of their academic merit and for their existing or potential synergy with other ISCI members. This is the case with the current group of 57 ISCI researchers from the Universidad de Chile, Pontificia Universidad Católica de Chile, Universidad de Santiago de Chile, Universidad Diego Portales, Universidad Adolfo Ibáñez, Universidad de los Andes, Universidad de Talca, and Universidad de Concepción.
The researchers' group was formed in 2008 with two main goals. First, to define a solid set of engineering research areas that are both coherent and complementary within our broad definition, where all types of infrastructure interact with human behavior. Second, to establish a worldwide reference in engineering research and education outside the USA and Europe, leading to a better understanding of relevant problems and attracting high-level, young researchers to be part of this interesting challenge.
This group has gained internationally recognition for the quality of its research. An important part of this work is performed in conjunction with researchers from other prestigious centers abroad, through consolidated and formal collaboration networks. It prioritizes local synergy and an intense activity of nationwide impact, due to the influence of its members in relevant decision-making agents in the industry as well as in public institutions.
MORe ISCI Group
ISCI’s Markets, Organization and Regulation (MORe) group – formerly known as Industrial Organization (IO) – specializes in the study of situations where it is essential to understand how people and organizations react strategically to the actions of other agents and the environment in which they move. This allows us to study how different alternatives in the design and regulation of markets and organizations affect the wellbeing of consumers, citizens and, in final instance, social welfare. From this viewpoint the group contributes to the discussion on such matters as competition and antitrust, the allocation of resources in the absence of financial markets, and policies to boost productivity and innovation.
In the organization of companies and the State, and in the design of incentive systems within an organization, people react not only to the formal compensatory mechanisms they are offered (as a robot would), but they are concerned about the information others obtain from their decisions and how this can influence the design an organization will eventually choose in the future. Understanding the strategic behavior of people within the organization – be it private or public – is essential for making organizations productive and innovative, while facilitating the development of the potential of its members. In markets, not only do companies select products, services, technologies, and investment based on the necessities of consumers and the technological possibilities, but also according to what their competitors and complimentary companies might do. MORe group researchers are careful to incorporate this strategic dimension of the behavior side of businesses and people in order to understand and design the efficient supply of goods and services using market mechanisms or by way of an appropriate regulation.
The design of efficient regulation assumes that agents are always searching for the best way to adapt to regulations. MORe group researchers focus on developing and analyzing regulatory mechanisms in key areas for the country such as competition and antitrust, public private partnerships and procurement, transport, energy and innovation. The focus of the group makes it possible to anticipate the reaction of agents to the regulation, which in turn makes predicting the effects and costs of that regulation easier, thus allowing the authority to plan for the long term.
CRESSE is an international Network of academics and of professionals practicing in Competition or Regulatory Authorities, Consultancies and Legal Practices, with an interest in Competition Policy and Sectoral Regulation. It was initiated and founded by Prof. Yannis Katsoulacos in 2005. The CRESSE Scientific Committee consists of Prof. Joe Harrington, The Wharton School, University of Pennsylvania (2010 - ), Prof. Patrick Rey, Toulouse School of Economics (2006 - ), Prof. D. Ulph, University of St. Andrews (2006 - ), Dr. P. Regibeau, Charles River Associates (2006 - ), Prof. Thomas Ross, Sauder School of Business, University of British Columbia (2014 - ) and Prof. Yannis Katsoulacos, Athens University of Economics and Business (2006 - ), who also acts as Chairman and Coordinator. The CRESSE Advisory Board consists of Prof. Frederic Jenny (ESSEC Business School), Prof. William Kovacic (The George Washington University Law School), Prof. Aviv Nevo (The Wharton School, University of Pennsylvania) and Prof. Howard Shelanski (Georgetown University).
The objectives of CRESSE are fourfold:
(i) to organize an annual Conference in which the latest research in the areas of Competition and Regulation is presented and discussed; see http://www.cresse.info/default.aspx?articleID=3384;
(ii) to organize an annual 96-hour Summer School in which Visiting Faculty from a large number of European and US Universities, provide high quality training to all those that wish to be acquainted with the new economic literature and the recent legal developments; the SS is organized in eight distinct self-contained Modules of up to 16-hour duration each, and provides a comprehensive account of the most up-to-date developments in economic theory, empirical analysis and legislation in the policy areas of Competition and Regulation. CRESSE offers additionally each year a number of Advanced Short Courses in specific topics of Competition Policy;
(iii) to organize an annual 35-hour Lawyers Course on "The Role of Economics in Competition Law and Practice (http://www.cresse.info/default.aspx?articleID=3552), taught by some of the foremost competition economists in the world. The course covers both an introduction to microeconomics, game theory and industrial organization theory, as well as, all the areas in the application of economics to competition policy. It is targeted to legal experts (lawyers, enforcers or judges) practicing in competition law or in another field of law in which knowledge of economics is helpful;
(iv) to organize or co-organize, with leading Universities, Research Institutes and Competition Authorities throughout the world a number of other Training Activities on Competition and Regulation including Summer Schools, Review Workshops, Round Tables and Conferences (http://www.cresse.info/default.aspx?articleID=9984)