Stephen Davies


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Personal profile


Stephen Davies is Professor of Economics and also one of the four founders of the ESRC Centre for Competition Policy at UEA. He holds degrees of PhD, MA and BA in Economics from the University of Warwick.

Most of his recent research has been in Industrial Organisation in general and Competition Economics in particular. He has written on: cartels and tacit collusion; mergers, merger simulation and merger remedies; evaluating competition policy with special reference to deterrence and detection; non-linear pricing in oligopoly; multinational firms; the determinants of industrial structure and concentration, the Single European Market, diffusion of technology.

He has published thirteen books and over 60 refereed academic articles, official reports, and chapters in books, including papers for: Economica, Economic Journal, European Economic Review, International Journal of Industrial Organisation, Journal of Industrial Economics, Journal of International Economics, and the Review of Economics and Statistics. He was a previous editor of the Journal of Industrial Economics.

Since 2001 he has been an Academic Adviser to the Office of Fair Trading. He has also undertaken research for, and advised various other competition and other governmental bodies in both the UK and overseas, including: the EC, OECD, South Africa, Sweden, Singapore, Chile, Mexico, and Ireland.


PhD Supervision Interests

Industrial organisation, competition economics, tacit collusion, non-linear pricing in oligopoly, multinational firms, mergers, merger simulation and merger remedies, evaluating competition policy, buyer power in the retail food sector, the determinants of industrial structure and concentration, the Single European Market, diffusion of technology.


Key Research Interests and Expertise

Ongoing funded projects

Centre for Competition Policy, ESRC, (with Morten Hviid, Bruce Lyons and Catherine Waddams).

Current Working Papers

Davies, Stephen and Ormosi, Peter, (2013), “The Impact of Competition Policy: What are the Known Unknowns?”, CCP WP 13-7, at:

Davies, Stephen, Ormosi, Peter and Martin Graffenberger, (2014), “Mergers after cartels: How markets react to cartel breakdown”, CCP WP 14-1, at:


 Competition policy in general; deterrence and detection, evaluation of impact; cartels, mergers

Teaching Interests

Stephen's teaching interests are in Empirical and Theoretical Industrial Organisation

PhD Supervision

Since the mid 1980s, Stephen has successfully supervised 25 PhD students (and 4 current), most of whom are now employed in academia, government and consultancies as professional industrial economists.

Recent graduands (since 2010)

C. Webster, (2010), “Price discrimination in local markets”
A. Majumdar, (2010), “An Economic Analysis of Three Live Issues in Competition Policy: Waterbed Effects, Benign Fidelity Rebates and Harmful Vertical Mergers”
O. De, (2011), “The Internal Structures and Organisation of EC Prosecuted Cartels and the Impact on their Performance ”
M. Olczak, “Three essays in Industrial Organisation”
C. Pitassi, (2011) “Turbulence in industrial populations: the case of the Italian graphic paper industry”
E. Hooper, (2010), “Vertical Foreclosure in Network Industries; Competition in the EU Power Sector“
K. Gardner, (2011), Residential Water Demand Modelling and Behavioural Economics
G. Tabacco, (2011), Market Structure and Competition: An Empirical Analysis of the U.S. airline industry.

T. Burnett, (2013) “Exclusivity, Bundling and Switching in Telecommunication markets“

Current students

 F. Wandschneider, “Essays on cartels”
R. Havell, “What determines allocation within cartels?”
K. Armoogum, “Competition enforcement in the small economies”
C Crede, "Screening for Cartels"

Areas Of Expertise


Education/Academic qualification

Doctor of Philosophy, University of Warwick

Award Date: 1 Jan 1975

Master of Arts, University of Warwick

Award Date: 1 Jan 1970

Bachelor of Arts, University of Warwick

Award Date: 1 Jan 1969


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