Fourth CEPR School on Applied Industrial Organisation

Imperfect Competition and Dynamics in the New Economy
Hosted by Banco de España
Supported by

Marie Curie Conferences and Training Courses under the European Commission's 6th Framework Programme
Public-Private Sector Research Center, IESE Business School
CNE Spanish Energy Commission

Tarragona, 23-24 May 2007

Programme

Thursday 24 May

13.15-13.30 Welcome

 

Session 1: Fixed Costs

 

13.30-14.15 How and when Markets Tip: Lessons from the Battle of the Bund

Estelle Cantillon (ECARES, Harvard Business School and CEPR)

 

Discussant: Philippe Février (CREST-LEI)

 

14.15-15.00 Entry Costs and Economies of Scope in Multi-product Firms' Market decisions: the Case of the Spanish Automobile Industry

José Luís Varela Irimia (Universidad Carlos III de Madrid)

 

Discussant: Otto Toivanen (HECER, University of Helsinki)

 

15.00-15.15 Coffee Break

 

Session 2: Capacity Investment

 

15.15-16.00 Auction Design and Investment Incentives in Electricity Markets

Natalia Fabra (Universidad Carlos III de Madrid and CEPR)

 

Discussant: Kai-Uwe Kühn (University of Michigan and CEPR)

 

16.00-16.45 Pricing, Investments and Mergers with Intertemporal Capacity Constraints

Nikolas Vettas (Athens University of Economics& Business and CEPR)

 

Discussant: Natalia Fabra (Universidad Carlos III de Madrid and CEPR)

 

16.45-17.00 Coffee Break

 

Session 3: Telecoms

 

17.00-17.45 Testing the "Waterbed Effect" in Mobile Telephony

Tomasso Valletti (Imperial College, London and CEPR)

 

Discussant: Tobias Kretschmer (University of Munich and Centre for Economic Performance)

 

17.45-18.30 The Impact on Broadband Access to the Internet of the Dual Ownership of Telephone and Cable Networks

Pedro Pereira (Portuguese Competition Authority)

 

Discussant: Rossella Argenziano (University of Essex)

 

18.30-19.15 Wholesale Markets in Telecoms

Jérome Pouyet (Ecole Polytechnique and CEPR)

 

Discussant: Steffen Hoernig (Universidade Nova de Lisboa and CEPR)

 

20.00 End

 

20.45 Dinner on the premises

 

Friday 25 May

 

09.00-10.00 Recent Developments in the Empirical Analysis of Auction Markets

Keynote Speaker: Robert Porter (Northwestern University)

 

10.00-10.45 Strategic Patenting and Software Innovation

Mark Schankerman (London School of Economics and CEPR)

 

Discussant: Reinhilde Veugelers (European Commission, Katholieke Universiteit Leuven and CEPR)

 

10.45-11.00 Coffee Break

 

Session 4: Pricing

 

11.00-11.45 A Test of Profit Maximization

Marcus Asplund (London Business School and CEPR)

 

Discussant: Richard Friberg (Stockholm School of Economics and CEPR)

 

11.45-12.30 Market Concentration and Nonlinear Pricing: Evidence from Detergent Prices in Six Countries

Sofronis Clerides (University of Cyprus and CEPR)

 

Discussant: Fabiano Schivardi (Università di Cagliari and CEPR)

 

12.30-12.45 Coffee Break

 

12.45-13.45 Information and the Hold-Up Problem

Keynote Speaker: Michael Katz (University of California, Berkeley)

 

13.45-15.00 Lunch

 

15.00-16.30 Roundtable on Energy

Pedro Luís Marin Uribe (Economic Bureau of the Spanish Prime Minister, Universidad Carlos III de Madrid and CEPR)
Xavier Vives (IESE Business School and CEPR)
Claes Bengtsson (European Commission, DC Competition)
Mónica Gandolfi (CNE - Comisión Nacional de Energía)
Atilano Jorge Padilla (European Competition Policy LECG and CEPR)

 

16.30-16.45 Coffee Break

 

Session 5: Information

 

16.45-17.30 Shouting to Be Heard in Advertising

Simon Anderson (University of Virginia and CEPR)

 

Discussant: Martin Peitz (International University in Germany and CEPR)

 

17.30-18.15 Which Reputations Does a Brand Owner Need? Evidence from Trade Mark Opposition

Georg Von Graevenitz (Ludwig Maximilians University of Munich)

 

Discussant: Pascal Courty (European University Institute and CEPR)

 

20.30 Conference Dinner

 

Saturday 26 May

 

Session 7: Productivity and trade

 

09.00-09.45 Product Innovation and Exports: Evidence from Spanish Manufacturing

Bruno Cassiman (IESE Business School)

 

Discussant: Peter Davis (Competition Commission and London School of Economics)

 

09.45-10.30 Antidumping Protection and Productivity of Domestic Firms

Hylke Vandenbussche (Université Catholique de Louvain, CORE, KUL and CEPR)

 

Discussant: Joseph Clougherty (WZB and CEPR)

 

10.30-10.45 Coffee Break

 

Session 8: Antitrust

 

10.45-11.30 Sequential Merger Review

Volker Nocke (Oxford University and CEPR)

 

Discussant: Chiara Fumagalli (Università Bocconi and CEPR)

 

11.30-12.15 The effect of EU Antitrust Investigations and Fines on a Firm's Valuation

Massimo Motta (European University Institute and CEPR)

 

Discussant: Ricardo Cabral (Universidade de Madeira)

 

12.12-12.30 Coffee Break

 

12.30-13.30 Keynote Speaker: Mark Roberts (Pennsylvania State University)

 

13.30-14.30 Lunch

 

Session 9: Structural estimation of cost and production functions

 

14.30-15.15 Contract Choice, Incentives, and Political Capture in Public Transit

Philippe Gagnepain (Universidad Carlos III de Madrid and CEPR)

 

Discussant: Johan Lagerlöf (Royal Holloway College, University of London and CEPR)

 

15.15-16.30 R&D and Productivity: Estimating Production Functions when Productivity is Endogenous

Jordi Jaumandreu (Universidad Carlos III de Madrid and CEPR)

 

Discussant: Saul Lach (The Hebrew University of Jerusalem and CEPR)

 

16.30 Close of the Conference

 

Organizers: Oscar Arce (Banco de España)
Marc Ivaldi (Toulouse School of Economics and CEPR)
Georges Siotis (Universidad Carlos III de Madrid and CEPR)