Prof Claudio Piga

Title: Professor of Economics
Phone: + 44 (0)1782 733059
Email: c.piga@keele.ac.uk
Location: DW0.53
Role:
Contacting me:
Claudio Piga

Before joining Keele Management School as Professor in Economics, I held positions at Loughborough, Nottingham and Hull University (UK), as well as the University of Sassari (Italy).

My qualifications include a DPhil in Economics (University of York, UK), a Doctorate in Economics (University of Rome Tor Vergata) and an MSc in Economics (University of Turin, Coripe Piemonte).

I am also a Senior Research Fellow of the Rimini Centre for Economic Analysis.  I am grateful to the Economics Departments of the Texas A&M University and of the LUISS University (Rome) for their past invitations as Visiting Professor.

My research interests cover a number of areas in applied microeconomics: pricing, with a particular focus on the airline and the travel and tourism industry; oligopoly theory with an emphasis on models of localised competition; innovation and total factor productivity. On these, and other more general topics in Industrial Organization, I am very interested in supervising well qualified PhD candidates in areas of industrial organisation, especially in relation to the economics and management of transport and tourism.

Possible topics of research could cover:

  • Dynamic vs uniform pricing
  • Online pricing strategies
  • Housing price
  • The gig and sharing economy
  • Investment in intangible assets and its impact on productivity

Current PhD student:

  • Albert Chuma - Reforming the British Long-Term Care system.

Selected Publications

  • Bottasso A, Bruno M, Conti M, Piga C. 2017. Competition, vertical relationship and countervailing power in the UK airport industry. JOURNAL OF REGULATORY ECONOMICS, vol. 52(1), 37-62. doi> link>
  • Giovannetti E and Piga CAG. 2017. The Contrasting Effects of Active and Passive Cooperation on Innovation and Productivity: Evidence from British Local Innovation Networks. International Journal of Production Economics. doi> link> full text>
  • Piga CAG, Alderighi M, Nicolini M. 2016. Targeting leisure and business passengers with unsegmented pricing. Tourism Management, vol. 54, 502-512. doi> full text>
  • Alderighi M, Gaggero A, Piga CAG. 2015. The Effects of Code-Share agreements on the temporal profile of airline fares. Transportation Research, Part A. Policy and Practice, vol. 79, 42-54. doi> full text>
  • Piga CAG. 2014. Airline pricing under different market conditions: evidence from European Low Cost Carriers. Tourism Management, vol. 47, 152-163. doi> full text>

Full Publications List show

Journal Articles

  • Bottasso A, Bruno M, Conti M, Piga C. 2017. Competition, vertical relationship and countervailing power in the UK airport industry. JOURNAL OF REGULATORY ECONOMICS, vol. 52(1), 37-62. doi> link>
  • Giovannetti E and Piga CAG. 2017. The Contrasting Effects of Active and Passive Cooperation on Innovation and Productivity: Evidence from British Local Innovation Networks. International Journal of Production Economics. doi> link> full text>
  • Piga CAG, Alderighi M, Nicolini M. 2016. Targeting leisure and business passengers with unsegmented pricing. Tourism Management, vol. 54, 502-512. doi> full text>
  • Alderighi M, Gaggero A, Piga CAG. 2015. The Effects of Code-Share agreements on the temporal profile of airline fares. Transportation Research, Part A. Policy and Practice, vol. 79, 42-54. doi> full text>
  • Piga CAG. 2014. Airline pricing under different market conditions: evidence from European Low Cost Carriers. Tourism Management, vol. 47, 152-163. doi> full text>
  • Piga CAG. 2013. Technological Spillovers and Productivity in Italian Manufacturing Firms. Journal of Productivity Analysis, vol. 41(3), 419-434. doi>
  • Alderighi M, Nicolini M, Piga CAG. 2015. Combined Effects of Capacity and Time on Fares: Insights from the Yield Management of a Low-Cost Airline. Review of Economics and Statistics, vol. 97(4). doi> full text>
  • Piga CAG and Alderighi M. 2014. Market selection, Heterogeneity and Entry in Liberal Professions. Journal of Economics and Management Strategy, vol. 23(4), 925-951. full text>
  • Piga CAG and Dobson PW. 2013. The impact of mergers on fares structure: evidence from European low-cost airlines. Economic Inquiry, vol. 51(2), 1196-1217. doi>
  • Piga CAG, Bottasso A, Conti M. 2012. Low cost carriers and airports performance: Empirical evidence from a panel of UK airports. Industrial and Corporate Change, vol. 22(3), 745-769. doi>
  • Piga CAG and Alderighi M. 2012. Localised competition, Heterogeneous firms and vertical relations. The Journal of Industrial Economics, vol. 60(1), 46-74. doi>
  • Piga CAG, Alderighi M, Cento A. 2011. A case study of pricing strategies in European Airline Markets: the London-Amsterdam route. Journal of Air Transport Management, vol. 17(6), 369-373. doi>
  • Piga CAG and Gaggero AA. 2011. Airline Market Power and Intertemporal Price Dispersion. The Journal of Industrial Economics, vol. 59(4), 552-577. doi>
  • Piga CAG and Bachis E. 2011. Low-cost airlines and online price dispersion. International Journal of Industrial Organization, vol. 29(6), 655-667. doi>
  • Piga CAG. 2010. On cost restrictions in spatial competition models with heterogeneous firms. Economics Letters, vol. 108(1), 40-42. doi>
  • Piga CAG and Gaggero A. 2009. Airline competition in the British Isles. Transportation Research Part E: Logistics and Transportation Review, vol. 14(3), 577-598. doi>
  • Piga CAG and Gil-Molto M. 2008. Entry and Exit by European Low Cost and Traditional Carriers. Tourism Economics: the business and finance of tourism and recreation, vol. 14(3), 577-598.
  • Piga CAG and Alderighi M. 2008. Why should a firm choose to limit the size of its market area?. Regional Science and Urban Economics, vol. 38(2), 191-201. doi>
  • Melis G and Piga CA. Are all online hotel prices created dynamic? An empirical assessment. International Journal of Hospitality Management. full text>
  • Piga CAG, Mantovani A, Reggiani C. On the effects of price parity clauses - what do we know three years later?. Journal of European Competition Law & Practice.

Other

  • Piga CAG. 2014. Private and external benefits from investment in intangible assets.

Semester 1

  • ECO20036 - Economic decisions under risk
  • ECO30036 - market Imperfections and Market Failures

Semester 2

  • FIN40015 - Economics of Financial decisions under Risk