Doctorat en Droit University Liège, 1961. Licencie, Doctorat University Louvain, 1964, 1967. Master of Arts University California Berkeley, 1966.
Research Assistant, University Liège,
1962-1964. Association Professor, University Louvain,
71. Director Cabinet, Belgian Ministry of Science Policy, 1974-1975.
Visiting Professor, Universities, Laval, Canada, 1970, Paris IX, 1972, Michigan, 1974, Paris-Sorbonne, 1979, Montreal, 1980, Ecole Polytechnique, Paris, 1981, European University Institute, Institution Florence, 1984. Professor of Economics, University Louvain, Louvain-La-Neuve, Belgium, . Association Editor, Journal of Industrial Economics, European Economic Review, 1975-1976.
Editor, International J. Industrial Organization, since 1982.
My works have concentrated on two main subjects. The first one is the analysis of market power in decentralised economies. A main aspect has concerned the dynamic process through which market performance interacts with market structure, so that current performances can become embedded in future market structure through strategic investments made by firms.
This has been an occasion for one of the first applications of optimal control theory to industrial organisation. The second subject is the interaction between law, institutions and economics in the functioning of our mixed economies. This is not limited to an economic analysis of law but includes broader research on the changing roles of the legislature and the judiciary in modern ‘welfare’ societies. JAFFE.