Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Thursday, October 4, 2018

Eleventh Annual Federal Trade Commission Microeconomics Conference, NOV 1, 2018 to NOV 2, 2018

Eleventh Annual Federal Trade Commission Microeconomics Conference

Eleventh Annual Federal Trade Commission Microeconomics Conference

CONSTITUTION CENTER400 7th St SW, Washington, DC 20024 | Directions & Nearby

 

EVENT DESCRIPTION

The Federal Trade Commission's Bureau of Economics will host a two-day conference to bring together scholars working in areas related to the FTC’s antitrust, consumer protection, and public policy missions. Those fields include industrial organization, quantitative marketing, information economics, health policy, and behavioral economics. Examples of potentially relevant topics include healthcare provider competition, vertical contracting, advertising, merger policy, innovation, privacy, intellectual property, nonlinear contracting, bargaining, collusion, e-commerce, demand estimation, pharmaceutical markets, appropriate statistical standards for inference, and consumer decision-making.

The conference program will run from Thursday, November 1 to Friday, November 2. Onsite registration opens at 8:30 a.m.

The scientific committee for the conference is:

  • David Besanko (Northwestern University, Kellogg)
  • Ali Hortasçu (University of Chicago)
  • Katja Seim (University of Pennsylvania, Wharton)

Organizers: Ted Rosenbaum (FTC) and Nathan Wilson (FTC)

Staff Contact: Alex Avramov (202-326-3003)

SPONSORS

This conference is sponsored by the Federal Trade Commission’s Bureau of Economics and Searle Center on Law, Regulation and Economic Growth at Northwestern Pritzker School of Law. The FTC conference organizers are Ted Rosenbaum and Nathan Wilson.

EVENT DETAILS

HIDEAGENDA

Thursday, November 1

8:30 a.m. 

Registration

9:00 a.m. 

Welcome

9:15 a.m.

Paper Session

Chaired by David Besanko (Northwestern University, Kellogg)

Gaurab Aryal (University of Virginia) with Federico Ciliberto (University of Virginia), and Benjamin T. Leyden (University of Virginia), Public Communication and Collusion in the Airline Industry

Discussant: Gloria Sheu (U.S. Department of Justice, Antitrust Division)

Shota Ichihashi (Bank of Canada), Online Privacy and Information Disclosure by Consumers

Discussant: Guy Arie (University of Rochester, Simon)

10:45 a.m. 

Break

11:20 a.m.

Keynote Address, “How Efficient is Dynamic Competition? The Case of Price as Investment.”

David Besanko (Northwestern University, Kellogg)

12:00 p.m.

Lunch

Sponsored by the Searle Center on Law, Regulation and Economic Growth

12:30 p.m. 

Paper Session

Chaired by Nathan Wilson and Ted Rosenbaum (FTC)

Jose Miguel Abito (University of Pennsylvania, Wharton) with Yuval Salant (Northwestern University, Kellogg), The Effect of Product Misperception on Economic Outcomes: Evidence from the Extended Warranty Market

Discussant: Ginger Jin (University of Maryland)

Chiara Farronato (Harvard University) with Andrey Fradkin (Boston University), Bradley J. Larsen (Stanford University), and Erik Brynjolfsson (MIT Sloan), Consumer Protection in an Online World: When Does Occupational Licensing Matter?

Discussant: Judith A. Chevalier (Yale University)

2:00 p.m.

Break

2:30 p.m. 

Paper Session

Chaired by Ali Hortaçsu (University of Chicago)

Matthew Grennan (University of Pennsylvania, Wharton) with Ashley Swanson (University of Pennsylvania, Wharton), Diagnosing Price Dispersion

Discussant: Tobias Salz (Columbia University)

Gastόn Illanes (Northwestern University) with Manisha Padi (University of Chicago, School of Law), Competition, Asymmetric Information, and the Annuity Puzzle: Evidence from a Government-run Exchange in Chile

Discussant: Jean-François Houde (University of Wisconsin)

4:00 p.m. 

Break

4:30 p.m.

Keynote Address, “Search, Asymmetric Information, and Competition”

Ali Hortaçsu (University of Chicago)

5:10 p.m.  

Hors d’oeuvres Reception

Sponsored by the Searle Center on Law, Regulation and Economic Growth

Friday, November 2

9:00 a.m. 

Paper Session

Chaired by Katja Seim (University of Pennsylvania, Wharton)

Paul J. Eliason (Duke University) with Benjamin Heebsh (Duke University), Ryan C. McDevitt (Duke University, Fuqua), and James W. Roberts (Duke University), How Acquisitions Affect Firm Behavior and Performance: Evidence from the Dialysis Industry

Discussant: Nathan Wilson (FTC)

Pietro Tebaldi (University of Chicago) with Alexander Torgovitsky (University of Chicago), and Hanbin Yang (University of Chicago), Nonparametric Estimates of Demand in the California Health Insurance Exchange

Discussant: Kate Ho (Princeton University)

10:30 a.m. 

Break

11:00 a.m. 

Keynote Address, “Ownership Concentration and Strategic Supply Reduction”

Katja Seim (University of Pennsylvania, Wharton)

11:40 a.m.

Panel: Estimating Markups

Chaired by Devesh Raval (FTC)

  • Allan Collard-Wexler (Duke University)
  • Matthew Grennan (University of Pennsylvania, Wharton)
  • John Haltiwanger (University of Maryland)
  • Ariel Pakes (Harvard University)
12:40 p.m. 

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