Long title: Information system design in overcoming market failure; Short title: Overcoming market failure

Description of the granted funding

Markets have evolved into increasingly complex information systems, offering both improved access to information among participants and more control over their actions within the system, with uncertain effects on participant welfare. My project focuses on the optimal design of market information systems, addressing four challenges: i. competition in digital multiproduct ecosystems, ii. procurement of public information systems, iii. development of smarter tax systems, and iv. climate. I introduce fresh frameworks for evaluating consumer steering algorithms used in digital markets, and for studying the procurement and development of public information systems - providing novel tools for authorities. My project also devises new approaches to mitigate the pitfalls of climate talks and ensure a fair distribution of abatement costs. The project is located at the University of Helsinki, with key local collaborations involving competition authorities, and taxation and climate researchers.
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Starting year

2024

End year

2028

Granted funding

Saara Hämäläinen Orcid -palvelun logo
693 649 €

Funder

Research Council of Finland

Funding instrument

Academy research fellows

Decision maker

Scientific Council for Social Sciences and Humanities
13.06.2024

Other information

Funding decision number

360871

Fields of science

Economics

Research fields

Kansantaloustiede

Identified topics

computer science, information science, algorithms