Fourth CEPR School on Applied Industrial Organisation
Imperfect Competition and Dynamics in the New Economy
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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
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Tarragona, 23-24 May 2007
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Programme
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Thursday 24 May
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13.15-13.30
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Welcome
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Session 1: Fixed Costs
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13.30-14.15
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How and when Markets Tip: Lessons from the Battle of the Bund
Estelle Cantillon (ECARES, Harvard Business School and CEPR)
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Discussant:
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Philippe Février (CREST-LEI)
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14.15-15.00
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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)
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Discussant:
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Otto Toivanen (HECER, University of Helsinki)
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15.00-15.15
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Coffee Break
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Session 2: Capacity Investment
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15.15-16.00
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Auction Design and Investment Incentives in Electricity Markets
Natalia Fabra (Universidad Carlos III de Madrid and CEPR)
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Discussant:
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Kai-Uwe Kühn (University of Michigan and CEPR)
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16.00-16.45
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Pricing, Investments and Mergers with Intertemporal Capacity Constraints
Nikolas Vettas (Athens University of Economics& Business and CEPR)
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Discussant:
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Natalia Fabra (Universidad Carlos III de Madrid and CEPR)
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16.45-17.00
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Coffee Break
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Session 3: Telecoms
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17.00-17.45
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Testing the "Waterbed Effect" in Mobile Telephony
Tomasso Valletti (Imperial College, London and CEPR)
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Discussant:
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Tobias Kretschmer (University of Munich and Centre for Economic Performance)
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17.45-18.30
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The Impact on Broadband Access to the Internet of the Dual Ownership of Telephone and Cable Networks
Pedro Pereira (Portuguese Competition Authority)
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Discussant:
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Rossella Argenziano (University of Essex)
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18.30-19.15
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Wholesale Markets in Telecoms
Jérome Pouyet (Ecole Polytechnique and CEPR)
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Discussant:
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Steffen Hoernig (Universidade Nova de Lisboa and CEPR)
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20.00
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End
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20.45
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Dinner on the premises
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Friday 25 May
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09.00-10.00
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Recent Developments in the Empirical Analysis of Auction Markets
Keynote Speaker: Robert Porter (Northwestern University)
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10.00-10.45
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Strategic Patenting and Software Innovation
Mark Schankerman (London School of Economics and CEPR)
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Discussant:
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Reinhilde Veugelers (European Commission, Katholieke Universiteit Leuven and CEPR)
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10.45-11.00
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Coffee Break
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Session 4: Pricing
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11.00-11.45
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A Test of Profit Maximization
Marcus Asplund (London Business School and CEPR)
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Discussant:
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Richard Friberg (Stockholm School of Economics and CEPR)
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11.45-12.30
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Market Concentration and Nonlinear Pricing: Evidence from Detergent Prices in Six Countries
Sofronis Clerides (University of Cyprus and CEPR)
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Discussant:
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Fabiano Schivardi (Università di Cagliari and CEPR)
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12.30-12.45
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Coffee Break
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12.45-13.45
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Information and the Hold-Up Problem
Keynote Speaker: Michael Katz (University of California, Berkeley)
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13.45-15.00
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Lunch
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15.00-16.30
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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)
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16.30-16.45
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Coffee Break
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Session 5: Information
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16.45-17.30
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Shouting to Be Heard in Advertising
Simon Anderson (University of Virginia and CEPR)
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Discussant:
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Martin Peitz (International University in Germany and CEPR)
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17.30-18.15
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Which Reputations Does a Brand Owner Need? Evidence from Trade Mark Opposition
Georg Von Graevenitz (Ludwig Maximilians University of Munich)
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Discussant:
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Pascal Courty (European University Institute and CEPR)
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20.30
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Conference Dinner
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Saturday 26 May
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Session 7: Productivity and trade
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09.00-09.45
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Product Innovation and Exports: Evidence from Spanish Manufacturing
Bruno Cassiman (IESE Business School)
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Discussant:
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Peter Davis (Competition Commission and London School of Economics)
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09.45-10.30
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Antidumping Protection and Productivity of Domestic Firms
Hylke Vandenbussche (Université Catholique de Louvain, CORE, KUL and CEPR)
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Discussant:
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Joseph Clougherty (WZB and CEPR)
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10.30-10.45
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Coffee Break
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Session 8: Antitrust
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10.45-11.30
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Sequential Merger Review
Volker Nocke (Oxford University and CEPR)
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Discussant:
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Chiara Fumagalli (Università Bocconi and CEPR)
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11.30-12.15
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The effect of EU Antitrust Investigations and Fines on a Firm's Valuation
Massimo Motta (European University Institute and CEPR)
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Discussant:
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Ricardo Cabral (Universidade de Madeira)
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12.12-12.30
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Coffee Break
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12.30-13.30
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Keynote Speaker: Mark Roberts (Pennsylvania State University)
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13.30-14.30
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Lunch
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Session 9: Structural estimation of cost and production functions
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14.30-15.15
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Contract Choice, Incentives, and Political Capture in Public Transit
Philippe Gagnepain (Universidad Carlos III de Madrid and CEPR)
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Discussant:
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Johan Lagerlöf (Royal Holloway College, University of London and CEPR)
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15.15-16.30
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R&D and Productivity: Estimating Production Functions when Productivity is Endogenous
Jordi Jaumandreu (Universidad Carlos III de Madrid and CEPR)
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Discussant:
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Saul Lach (The Hebrew University of Jerusalem and CEPR)
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16.30
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Close of the Conference
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Organizers:
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Oscar Arce (Banco de España)
Marc Ivaldi (Toulouse School of Economics and CEPR)
Georges Siotis (Universidad Carlos III de Madrid and CEPR)
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