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Durham Research in Economic Analysis and Mechanisms (DREAM) focuses on three prominent areas:  

  1. Economic Design and Policy
  2. Economic Behaviour in Dynamic Environments
  3. Industrial Organization 

Other areas that also draw strong attention from the centre are the nature and origin of market power and its distortions on the economy, economic analysis under bounded rationality, the design of contests  and prediction markets.  DREAM organises the Durham Economic Theory Conference and co-organises, together with the Universities of Bristol, Carlos III and Southampton, the Virtual Seminars in Economic Theory (VSET) and the MSET.

DREAM and the Department of Economics are partnered with the CMA Microeconomics Unit, you can find more information about our joint actions here.

Low level facades of the Bank of England and London Stock Exchange

University student
Our focus is on microeconomic theory and its applications, with a special emphasis on the design of mechanisms and institutions.

Spyros Galanis
Centre Director

Get in Touch

If you would like to learn more about DREAM's work, please view our People and Publications, or get in touch with us using the link below.


Durham University Business School 
Mill Hill Lane 
Durham DH1 3LB
United Kingdom

+44 (0)191 334 5200