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12th Annual Federal Trade Commission Microeconomics Conference
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Event Description

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.

The scientific committee for the conference is:

  • Panle Jia Barwick (Cornell University)
  • Mark Schankerman (London School of Economics)
  • Joel Sobel (University of California, San Diego)

Organizers: Ted Rosenbaum (FTC) and Antara Dutta (FTC)

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

Sponsors

This conference is sponsored by the Federal Trade Commission’s Bureau of Economics and the Tobin Center for Economic Policy at Yale University. The FTC conference organizers are Ted Rosenbaum and Antara Dutta.

Registration

Pre-registration for this conference is not required, but it is encouraged so that we may better plan for the event. To pre-register, please e-mail your name and affiliation to BE-Micro@ftc.gov. You will receive a confirmation email when your registration is complete. We will use your email address to contact you with information about the conference and will share your name and email address with the conference co-sponsors. The FTC Act and other laws we administer permit the collection of your pre-registration contact information and the comments you file to consider and use in this proceeding as appropriate. For additional information, including routine uses permitted by the Privacy Act, see the Commission's system for mailing lists. For more details, please see the FTC Privacy Policy.

Attending the Workshop

The conference is free and open to the public. Please arrive in time to go through security. The security processing will include a metal detector and X-ray screening of all hand carried items. You must have a valid government issued photo ID (government badge, license, passport, etc.).

  • Thursday, November 14

    8:30 a.m. 

    Registration

    9:00 a.m. 

    Welcome

    Bruce Kobayashi (Federal Trade Commission)

    9:15 a.m.

    Paper Session

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

    Vincenzo Denicolὸ (University of Bologna) with Emilio Calvano (University of Bologna & Toulouse School of Economics), Giacomo Calzolari (European University Institute), 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. 

    Break

    11:20 a.m.

    Keynote Address, "Deception: Theoretical Considerations”

    Joel Sobel (University of California, San Diego)

    12:00 p.m.

    Lunch

    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.

    Break

    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. 

    Break

    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. 

    Welcome

    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. 

    Break

    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)
    • Fiona Scott Morton (Yale School of Management)
    12:40 p.m. 

    Close


FTC Privacy Policy

Under the Freedom of Information Act (“FOIA”) or other laws, we may be required to disclose to outside organizations the information you provide when you pre-register for events that require registration. The Commission will consider all timely and responsive public comments, whether filed in paper or electronic form, and as a matter of discretion, we make every effort to remove home contact information for individuals from the public comments before posting them on the FTC website.

The FTC Act and other laws we administer permit the collection of your pre-registration contact information and the comments you file to consider and use in this proceeding as appropriate. For additional information, including routine uses permitted by the Privacy Act, see the Commission’s Privacy Act system for public records and comprehensive privacy policy.

This event will be open to the public and may be photographed, videotaped, webcast, or otherwise recorded.  By participating in this event, you are agreeing that your image — and anything you say or submit — may be posted indefinitely at ftc.gov or on one of the Commission's publicly available social media sites.

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