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Director of French industrial
economic institute to speak at Illinois
Business & Law Editor
CHAMPAIGN, Ill. — Jean Tirole, scientific director of the Institut
d’Economie Industrielle in France, will deliver the David Kinley
Lecture in Economics at 3:30 p.m. April 15 (Friday) in 134 Temple Hoyne
Buell Hall Auditorium, 611 E. Lorado Taft Drive, Champaign.
“Platform Industries: How Software, Videogames, Credit Cards,
Media and Auctions Differ From Other Markets, and What it Means for
the Future of the Economy” will examine how platforms bring together
different groups, such as videogame developers and players.
Even though platforms may appear similar to consumer products, Tirole
argues that they are more akin to markets. As a result, conventional
economic thinking does not necessarily apply, something that has implications
for business strategy and public policy, according to the lecturer.
A visiting professor at the Massachusetts Institute of Technology, Tirole
has written more than 100 published academic articles and seven books,
including “The Theory of Industrial Organization,” “Game
Theory” (with Drew Fudenberg) and “The Prudential Regulation
of Banks” (with Mathias Dewatripont).
The economics department
sponsors the David Kinley Lecture. It is free and open to the public.