Conference Programme and Papers

Sixteenth CEPR/JIE School and Conference on Applied Industrial Organization

Hosted, Organised and Supported by
Amazon.com Economists
CEPR
Compass Lexecon
ERC Grant – Patrick Rey, Fondation JJ Laffont - TSE
Journal of Industrial Economics (JIE)
UBS Center
Department of Economics, University of Zurich
UZH Marketing

Zurich; 20-23 May 2015

Programme (pdf)

Wednesday 20 May

09.00 – 18.00

IO School – University of Zurich

Thursday 21 May

08.30 – 09.00

Coffee – UBS Lounge/Econ Lounge

Session 1:
Chair:

IO and Trade
Jan de Loecker (Princeton University and CEPR)

09.00 – 10.00

Supply Function Competition and Exporters: Nonparametric Identification and Estimation of Productivity Distributions and Marginal Costs
*Ayse Ozgur Pehlivan
(Bilkent University) and Quang Vuong (New York University)

Discussant:

Jeremy Fox (University of Michigan)

10.00 – 11.00

What do Exporters Know?
*Edoardo Morales
(Princeton University) and Michael Dickstein (Stanford University)

Discussant:

Alon Eizenberg (Hebrew University of Jerusalem and CEPR)

11.00 – 11.30

Coffee Break

Session 2:
Chair:

Bargaining
Nikos Vettas (Athens University of Economics and Business, IOBE and CEPR)

11.30 – 12.30

Buyer Power and Dependency in a Model of Negotiations
Roman Inderst (University of Frankfurt and Imperial College London) and *João Montez (London Business School)

Discussant:

Patrick Legros (Université Libre do Bruxelles, ECARES, and CEPR)

12.30 – 13.30

The Welfare Effects of Vertical Integration in Multichannel Television Markets
Gregory Crawford (University of Zurich and CEPR), Robin Lee (Harvard University), Michael Whinston (MIT Sloan School of Management) and *Ali Yurukoglu (University of Stanford)

Discussant:

Frank Verboven (Katholieke Universiteit Leuven and CEPR)

13.30 – 15.00

Lunch

Session 3:
Chair:

IO and Marketing
Bart Bronnenberg (Tilburg University and CEPR)

15.00 – 16.00

Entry and Investment Decisions in the Pharmaceutical Industry
*Anita Rao
(Booth School of Business, University of Chicago)

Discussant:

Selin Akca (University of Zurich Marketing)

16.00 – 17.00

Estimating Consumer Substitution Patterns and Welfare Loss under Retail Stockouts
Victor Aguirregabiria (University of Toronto) and *Junichi Suzuki (University of Toronto)

Discussant:

Howard Smith (Oxford University and CEPR)

17.00 – 17.30

Coffee Break

Keynote Lecture 1

17.30 – 18.30

Methodological Issues in Analyzing Market Dynamics
*Ariel Pakes
(Harvard University)

18.30 – 19.30

BREAK

19.30 -

Apéro (UZH Uniturm OR UZH Lichthof)

Friday 22 May

08.30 – 09.00

Coffee

Session 4:
Chair:

Two-Sided Markets
Tobias Klein (Tilburg University)

09.00 – 10.00

Marketmaking Middlemen
Pieter Gautier (Vrije Universiteit Amsterdam and CEPR) Bo Hu (Vrije Universiteit Amsterdam) and *Makoto Watanabe (Vrije Universiteit Amsterdam)

Discussant:

Andras Niedermayer (University of Mannheim)

10.00 – 11.00

Airport Prices in a Two-Sided Market Setting: Major US Airports
*Marc Ivaldi
(Toulouse School of Economics and CEPR), Senay Sokulu (University of Bristol) and Tuba Toru (Bahcesehir university)

Discussant:

Ying Fan (University of Michigan)

11.00 – 11.30

Coffee Break

Session 5:
Chair:

Price Discrimination
Alessandro Gavazza (London School of Economics and CEPR)

11.30 – 12.30

Competitive Price Discrimination in a Spatially Differentiated Intermediate Goods Market
Walter Beckert (Birkbeck College, University of London), Howard Smith (Oxford University and CEPR) and *Yuya Takahashi (Johns Hopkins University)

Discussant:

Nicola Pavanini (University of Zurich)

12.30 – 13.30

Stochastic Bundling
Jean-Charles Rochet (University of Zurich) and *John Thanassoulis (Warwick Business School)

Discussant:

Yossi Spiegel (Tel-Aviv University and CEPR)

13.30 – 15.00

Lunch

Session 6:
Chair:

Competition Policy
Peter Davis (Compass Lexecon)

15.00 – 16.00

False Advertising and Consumer Protection Policy
*Andrew Rhodes
(Toulouse School of Economics) and Chris Wilson (Loughborough University)

Discussant:

Martin Peitz (University of Mannheim and CEPR)

16.00 – 17.00

Internal versus External Growth in Industries with Scale Economies: A Computational Model of Optimal Merger Policy
Ben Mermelstein (Northwestern University), *Volcker Nocke (University of Mannheim and CEPR) Mark Satterthwaite (Northwestern University) and Michael Whinston (MIT Sloan School of Management)

Discussant:

Chaim Fershtman (Tel Aviv University and CEPR)

17.00 – 17.30

Coffee Break

Keynote Lecture 2

17.30 – 18.30

*Pat Bajari (Chief Economist, Amazon.com)

18.30 – 20.00

BREAK

20.15 -

Dinner (Zunfthaus zur Meisen)

Saturday 23 May

09.00 – 09.30

Coffee

Session 7:
Chair:

Auctions
Christine Zulehner (Goethe University Frankfurt and CEPR)

09.30 – 10.30

Simultaneous First-Price Auctions with Preferences over Combinations: Identification, Estimation and Application
*Pasquale Schiraldi
(London School of Economics and CEPR)

Discussant:

Dan Ackerberg (University of Michigan)

10.30 – 11.30

Cheap Talk, Round Numbers, and the Economics of Negotiation
*Matt Backus
(Cornell University), Tom Blake (eBay Research Labs) and Steve Tadelis (UC Berkeley and eBay Research Labs)

Discussant:

Jakub Kastl (Princeton University)

11.30 – 13.00

Lunch (Econ lounge and garden, catered by Mensa)

Session 8:
Chair:

Productivity
Saul Lach (Hebrew University of Jerusalem and CEPR)

13.00 – 14.00

Measuring the Bias of Technological Change
*Ulrich Doraszelski
(Wharton School of Management) and Jordi Jaumandreu (Boston University)

Discussant:

Johannes van Biesebroeck (Katholieke Universiteit Leuven and CEPR)

Keynote Lecture 3

14.00 – 15.00

Massimo Motta (Chief Competition Economics, European Commission)

* Indicates the presenter.

Keynote speakers have 45 minutes to present, allowing for 15 minutes of questioning throughout.

Speakers have 30 minutes to present and discussants 15 minutes, leaving 15 minutes for general discussion.

Organisers:

Gregory S. Crawford (University of Zurich and CEPR)
Armin Schmutzler (University of Zurich and CEPR)
Michelle Sovinsky (University of Zurich and CEPR)

Scientific Committee:

Bart Bronnenberg (Tilburg University and CEPR)
Gregory S Crawford (University of Zurich and CEPR)
Peter J Davis (Compass Lexecon)
Jan De Loecker (Princeton University and CEPR)
Alessandro Gavazza (London School of Economics and CEPR)
Rachel Griffith (University of Manchester, IFS, and CEPR)
Martin Peitz (University of Mannheim and CEPR)
Andrea Prat (Columbia University and CEPR)
Katharine Rockett (University of Essex and CEPR)
Philipp Schmidt-Dengler (University of Vienna and CEPR)
Armin Schmutzler (University of Zurich and CEPR)
Michelle Sovinsky (University of Zurich and CEPR)
Otto Toivanen (Katholieke Universiteit Leuven and CEPR)
Tommaso Valletti (Imperial College London, University of Rome "Tor Vergata", and CEPR)
Frank Verboven (Katholieke Universiteit Leuven and CEPR)
Nikos Vettas (Athens University of Economics & Business and CEPR)