Thematic center
Infrastructure & Network Center
Featured research
Highway to sell
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TSE Reflect
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Infrastructure and Networks
What’s the value of disaster protection?
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TSE Reflect
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Infrastructure and Networks
What’s the cost of collusion?
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TSE Reflect
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Infrastructure and Networks
Latest news
1500 participants at the World Conference on Transport Research in Toulouse
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Research
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Infrastructure and Networks
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Economics
Discussion panel on decision-making under risk and uncertainty
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Corporate Relations
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Energy and Climate
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Finance
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Infrastructure and Networks
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Partnership research
The Value of Climate Action : a framework for assessment and action
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Corporate Relations
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TSE Research
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Energy and Climate
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Partnership research
In the press
Offshore wind power losing momentum
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Op-ed
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Environnement
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Energy and Climate
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Infrastructure and Networks
The A69 reflects a fundamental struggle for our values
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Op-ed
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Economics
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Infrastructure and Networks
Living without electricity
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Op-ed
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Energy and Climate
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Infrastructure and Networks
Events
Past
15th Energy and Climate Economics Conference
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Conference
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Date From 4 to 5 June 2026
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Place Auditorium 3 JJL -Auditorium 4
Details
Past
13th Postal Economics Conference on E-commerce, Digital Economics and Delivery Services
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Conference
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Date From 16 to 17 April 2026
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Place Auditorium Jean-Jacques Laffont and Auditorium A4
Details
Seen on LinkedIn
Purpose & ambition
The development and management of infrastructure present complex economic challenges, whether in terms of financing investments, conditions for access to networks, or the organization of increasingly interconnected systems. These issues affect essential sectors such as transportation, energy, telecommunications, housing, and public services, and play a decisive role in the competitiveness of economies as well as in major environmental and digital transitions.
To address these challenges, public and private decision-makers must have access to rigorous analyses that enable them to evaluate the most appropriate investment choices, regulatory mechanisms, and governance models from a long-term perspective.
In this context, the Infrastructure & Network Center aims to:
- Bring together and promote TSE’s scientific expertise
- Foster relationships with partners around targeted issues
- Structure and encourage researchers’ contributions to the public debate
Launched in 2021, the Infrastructure & Network Center draws on TSE’s academic excellence and close interactions with its partners. Researchers are conducting work that spans a wide range of sectors and draws on various approaches to economic analysis, from finance to industrial economics, including development economics, public economics, and environmental economics. The center brings together research on these issues and fosters dialogue among researchers, regulators, businesses, and public institutions.
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Designing the infrastructure of tomorrow requires addressing major economic, digital, demographic, and environmental transformations. To meet these challenges, decision-makers must be able to rely on rigorous economic expertise and a long-term vision.
Research areas
The Center is organized according to a matrix structure. The researchers’ expertise is organized around three research areas covering the main issues related to corporate strategy, financing, and regulation.
Finance and decision theory under uncertainty
Researchers analyze long-term investment decisions in environments marked by uncertainty. Their work focuses in particular on risk assessment, infrastructure financing, and the adaptation of investment strategies in the face of developments that are difficult to anticipate.
Network economics and spatial economics
Researchers study the economic organization of networks and the efficient allocation of scarce resources. In particular, they analyze the interactions between demand, costs, geographic location, and network externalities in order to improve access to infrastructure.
Public procurement and regulation
Researchers examine regulatory mechanisms for network industries and the conditions for access to essential infrastructure. Their work aims to design frameworks that promote competition, quality of service, and sustainable investment financing.
Areas of expertise
Objectives: Our researchers analyze the determinants of housing supply and demand, public housing policies, and the macroeconomic effects of the construction sector. Their work contributes to a better understanding of the mechanisms that influence access to housing, real estate investment, and urban development.
Program Director: Martial Dupaigne
Objectives : Our researchers study the role of infrastructure in economic development, with a particular focus on emerging and developing countries. They analyze issues related to investment, financing, governance, and access to essential services in order to identify the mechanisms that promote sustainable and inclusive growth.
Program Director: Emmanuelle Auriol
Objectives: Our researchers examine the economic transformations of the telecommunications and digital services sectors in an environment marked by technological innovation and evolving regulatory frameworks. Their work focuses in particular on business models, competition, and the regulation of these network industries.
Program Director: Helmuth Cremer
Objectives: Our researchers analyze infrastructure financing mechanisms and the determinants of long-term investments. They also study the impact of environmental, social, and governance (ESG) criteria on investment decisions, asset valuation, and corporate performance.
Program Director: Catherine Casamatta
Objectives: Our researchers study the economic issues related to transportation and mobility, including regulatory policies, opening markets to competition, market organization, infrastructure management, and the interactions between transportation and regional development. Their work aims to inform public policy decisions in a sector undergoing profound transformation.
Program Director: Marc Ivaldi
Objectives: Our researchers analyze the management and regulation of essential services such as water, electricity, and gas. They study challenges related to aging infrastructure, the energy transition, adaptation to climate change, and the sustainable allocation of natural resources.
Program Director: Arnaud Reynaud
Activities
The TSE Infrastructure & Network Center promotes, highlights, and disseminates research in all of these fields through various scientific and outreach activities aimed at the academic community, public policymakers, and industry stakeholders.
- A dedicated resource hub: We provide a central platform showcasing TSE’s activities in the field of infrastructure and network, including academic experts, research outputs, events, and news related to our research programs and partnerships.
- Events for researchers and decision-makers: We organize scientific events that bring together the academic community, as well as targeted events designed specifically for public and private decision-makers to shed light on infrastructure ans network challenges and their implications for public policy and strategy.
- Outreach and dissemination initiatives: We develop a variety of formats to make research findings accessible to a broader audience. These initiatives include the publication of research reports, thematic newsletters, and other editorial content.
45+
Researchers
225
Number of publications in scientific journals since the creation of the Center
7
Chairs & Research initiatives
TSE’s Infrastructure & Network Center brings together several initiatives and research chairs dedicated to these issues, as well as research projects on these topics, selected through publicy funded research programs.
Research initiatives
Supported by one or more partners, the chairs and research initiatives encourage the development of research projects addressing issues of common interest to academics and economic stakeholders.
- Economic regulation of railway sector, French Transport Regulatory Authority (ART)
- Economics of postal and digital services, La Poste Groupe
- Railway network economics, SNCF Réseau
- Regulation & development: states, markets, and information asymmetries, French Development Agency (AFD)
- Sustainable Finance and Responsible Investment, ABN AMRO IS, Amundi AM, Caisse des Dépôts, Candriam Institute for Sustainable Development, Edmond de Rothschild AM, Fonds de Réserve pour les Retraites, LBPAM
- Tariff structure and network optimization, Gaz Réseau Distribution France (GRDF)
- Telecommunications in the Digital Age, Orange
VIEW ALL OUR RESEARCH INITIATIVES
Publicly funded research projects
Several TSE researchers are currently receiving grants or research funding related to infrastructure and network, awarded through major national or European public research programs.
European Research Council (ERC) Grants
- Mathias Reynart, SPACETIME - Econometric Models to Evaluate Environmental and Spatial Effects of Long-Lasting Policies, 2023-2028
- Koen Jochmans, NETWORK - A coherent approach to analysing heterogeneity in network data, 2023-2027
French National Research Agency (ANR) Grants
- Matthieu Bouvard, FINRIS - "Innovation financière et gestion du risque", 2021-2026
- Sophie Moinas, ECLIPSES - The eclipse of lit markets: understanding the rise of opaque trading mechanisms in Europe
- Arnaud Reynaud, WAT-IMPACTS - "Long-term approaches to assess the economic, social and environmental impacts of water scarcity under uncertainty", 2023-2027
ADEME’s ClimFi 2 Call for Projects
- Frédéric Cherbonnier: VALADAPT - “Promoting Climate Change Adaptation Projects,” 2023–2026
TSE training programs
As part of our training programs, we offer companies and public institutions the opportunity to collaborate with our students on various types of projects supervised by faculty members.
The Infrastructure & Network Center highlights all research conducted at TSE in this field, with a particular focus on work that has a strong impact on economic stakeholders. Emerging from all of our research programs, this work draws on a wide range of disciplines, including economics, mathematics and statistics, as well as the social and behavioral sciences.
Research in accessible formats
Discover research findings presented in accessible and engaging formats: article summaries, op-eds by our researchers published in the media, and more.
Most recent publications
Regulating investments when both costs and need are private
Platform Liability and Innovation
Horizontal Mergers and Incremental Innovation
Did the Cold War Produce Development Clusters in Africa
Mergers and Investments: Where Do We Stand?
Highway to sell: How to renew concessions if you want it
Environmental Regulation, Market Power, and Socially Responsible Firms
The welfare cost of ignoring the beta
Do carbon emissions affect the cost of capital? Primary versus secondary corporate bond markets
Why Is Exclusivity in Broadcasting Rights Prevalent and Why Does Simple Regulation Fail?
Stress discounting
Stress discounting
Researchers at TSE’s Infrastructure & Network Center participate in numerous conferences and workshops focused on their areas of expertise: construction and housing, development, postal and telecommunications economics, sustainable finance and long-term investment, transportation, and public services. These events promote the production and dissemination of research to a wide audience. While some are intended primarily for the academic community, others prioritize exchanges with professionals working in companies and public institutions.
Regular scientific events
Postal Economics Conference on E-commerce, Digital Economics and Delivery Services
La Poste Groupe and TSE have co-organized this international conference on the postal economy every two years since 1993. It is part of the research initiative between La Poste Group and TSE-P and highlights recent research contributions, whether theoretical, econometric, or focused on public policy. It aims to foster exchanges between professionals and academics on a variety of topics, such as the economics of e-commerce and parcel delivery, the regulation of the digital economy, the “silver” economy and long-term care, the societal role of postal operators, and environmental sustainability.
Energy and Climate Economics Conference
Held every two years, this event brings together researchers and policymakers to discuss recent advances in energy and environmental economics, as part of the activities of TSE’s Energy & Climate Center. It fosters dialogue on understanding energy markets and designing environmental and climate policies, and highlights theoretical, empirical, experimental, and public policy-oriented research.
Events for decision-makers
Researchers at the Infrastructure & Network Center regularly participate in conferences, symposia, and events aimed at public and private decision-makers. Organized by institutional partners, TSE research partners, or as part of our research programs, these events provide valuable opportunities for dialogue between the academic community and socioeconomic stakeholders. For example, Jean Tirole participated in the conference celebrating the 15th anniversary of the French Transport Regulatory Authority (ART), held in Paris in September 2025. (In French: Program and Video).
All events
Past
15th Energy and Climate Economics Conference
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Conference
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Date From 4 to 5 June 2026
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Place Auditorium 3 JJL -Auditorium 4
Details
Past
13th Postal Economics Conference on E-commerce, Digital Economics and Delivery Services
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Conference
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Date From 16 to 17 April 2026
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Place Auditorium Jean-Jacques Laffont and Auditorium A4
Details
Past
Spectrum Auctions and Market Structure Conference
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Conference
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Date 19 September 2025
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Place University of Zurich
Details
Past
14th Toulouse Conference on the Economics of Energy and Climate
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Conference
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Date From 6 to 7 June 2024
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Place Auditoriums A3-A4
Details
Past
ECHOPPE 2024: The Economics of Housing and Housing Policies
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Conference
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Date From 27 to 29 May 2024
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Place Auditorium 3 - Jean-Jacques Laffont
Details
Past
12th biennial Postal Economics Conference on E-commerce, Digital Economics and Delivery Services
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Conference
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Date From 4 to 5 April 2024
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Place Auditoriums 3 - 4
Details
Past
CSIO/TSE 20th Conference on Industrial Organization
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Conference
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Date From 6 to 7 October 2023
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Place Evanston
Details
Past
ECHOPPE 2023: The Economics of Housing and Housing Policies
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Conference
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Date From 15 to 17 May 2023
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Place TSE
Details
Past
FIT IN Initiative: Workshop on Mobile Money Interoperability
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Conference
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Date From 15 to 16 December 2022
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Place Auditorium 3 Jean-Jacques Laffont
Details
Past
CSIO-TSE 19th Joint Workshop on Industrial Organization
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Conference
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Date From 17 to 18 June 2022
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Place Toulouse
Details
We warmly thank the companies and public institutions that partner with our research initiatives and chair focused on infrastructure and network, who are also committed to supporting the Center. Through their support, our partners actively contribute to TSE’s scientific output and play a key role in promoting this research as well as in developing the Center’s activities.
Members of the Research Chair in Sustainable Finance and Responsible Investment
Associate partners
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We have had the opportunity to collaborate with [TSE researchers], who provided us with analyses on the “appropriate” use of the network, the conditions for opening the market to competition, and pricing issues. These topics fall squarely within TSE’s core expertise, allowing us to benefit from both its academic rigor and its knowledge of other network sectors.
We also express our gratitude to the public institutions that support the work of our researchers, particularly through major funding programs.
Join us
Become a partner and help foster dialogue between researchers and decision-makers on major contemporary infrastructure and network challenges. Together, let’s strengthen the relevance and impact of research.
Frédéric Cherbonnier
Director
Eve Séjalon
Head of Research Partnerships and Centers
Cécile Miglos
Research Partnerships Project Manager