Thursday, September 26, 2019

Twelfth Annual Federal Trade Commission Microeconomics Conference

Twelfth Annual Federal Trade Commission Microeconomics Conference

12th Annual Federal Trade Commission Microeconomics Conference

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



The Federal Trade Commission's Bureau of Economics and the Tobin Center for Economic Policy at Yale 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, information economics, health policy, behavioral economics, and quantitative marketing. Examples of potentially relevant topics include healthcare provider competition, vertical contracting, advertising, merger policy, industrial policies, innovation, privacy, intellectual property, bargaining, collusion, e-commerce, demand estimation, pharmaceutical markets, competition in technology markets, and consumer decision-making.


Thursday, November 14

8:30 a.m. 


9:00 a.m. 


Bruce Kobayashi (Federal Trade Commission)

9:15 a.m.

Paper Session

Chaired by Joel Sobel (University of California, San Diego)

Giacomo Calzolari (European University Institute) with Emilio Calvano (Bologna University & Toulouse School of Economics), Vincenzo Denicolὸ (University of Bologna), and Sergio Pastorello (University of Bologna), Artificial Intelligence, Algorithmic Pricing and Collusion

Discussant: Wally P. Mullin (George Washington University)

Alminas Žaldokas (The Hong Kong University of Science and Technology) with Thomas Bourveau (Columbia Business School) and Guoman She (The Hong Kong University of Science and Technology), Corporate Disclosure as a Tacit Coordination Mechanism: Evidence from Cartel Enforcement Regulations

Discussant: Leslie M. Marx (Duke University)

10:45 a.m. 


11:20 a.m.

Keynote Address

Joel Sobel (University of California, San Diego)

12:00 p.m.


Sponsored by the Tobin Center for Economic Policy

12:45 p.m. 

Keynote Address, "China’s Industrial Policy: an Empirical Evaluation”

Panle Jia Barwick (Cornell University)

1:25 p.m.


1:45 p.m. 

Paper Session

Chaired by Ted Rosenbaum and Antara Dutta (FTC)

Umit G. Gurun (University of Texas at Dallas) with Noah Stoffman (Indiana University) and Scott E. Yonker (Cornell University), Unlocking Clients: Non-compete Agreements in the Financial Advisory Industry

Discussant: Matthew Johnson (Duke University, Sanford School of Public Policy)

Matthew C. Weinberg (The Ohio State University) with Nathan H. Miller (Georgetown University) and Gloria Sheu (Federal Reserve Board), Oligopolistic Price Leadership and Mergers: The United States Beer Industry

Discussant: Gaurab Aryal (University of Virginia)

3:15 p.m. 


3:45 p.m.

Paper Session

Chaired by Panle Jia Barwick (Cornell University)

Zarek C. Brot-Goldberg (Yale University) with Mathijs de Vaan (University of California, Berkeley), Intermediation and Vertical Integration in the Market for Surgeons

Discussant: José Ignacio Cuesta (Stanford Institute for Economic Policy Research)

Claudia Robles-Garcia (Stanford University), Competition and Incentives in Mortgage Markets: The Role of Brokers

Discussant: Jean-François Houde (University of Wisconsin)

5:15 p.m.  

Hors d’oeuvres Reception

Sponsored by the Tobin Center for Economic Policy at Yale University

Friday, November 15

8:45 a.m. 


Steven Berry (Yale University)

9:00 a.m. 

Paper Session

Chaired by Mark Schankerman (London School of Economics)

Yizhou Jin (University of California, Berkeley) with Shoshana Vasserman (Stanford University), Buying Data from Consumers: The Impact of Monitoring Programs in U.S. Auto Insurance

Discussant: Allan Collard-Wexler (Duke University)

Sharat Ganapati (Georgetown University, Walsh School of Foreign Service) with Rebecca McKibbin (The University of Sydney), Non-Tariff Barriers and Bargaining in Generic and Off-Patent Pharmaceuticals

Discussant: Patricia Danzon (University of Pennsylvania, Wharton)

10:30 a.m. 


11:00 a.m. 

Keynote Address, “Screening for Patent Quality”

Mark Schankerman (London School of Economics)

11:40 a.m.

Panel: Learning about Substitution and Welfare from Data

Chaired by Miriam Larson-Koester (FTC)

  • Steven Berry (Yale University)
  • Christopher Conlon (New York University, Stern School of Business)
  • Jean-Pierre Dubé (University of Chicago, Booth School of Business)
  • Fiona Scott Morton (Yale School of Management)
12:40 p.m. 


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