INDUSTRIAL ORGANIZATION AND COMPETITION POLICY
Hosted and sponsored by the Fundación Ramón Areces
Madrid, 7-8 October 2005

Industrial Organization has long developed influenced by the practical needs of enforcing an effective competition policy. In recent times, an important share of the research in Industrial Organization has been devoted to the development of new econometric methods to evaluate the cost of non-competitive market outcomes as well as the potential gains of engaging in alternative policies. The papers presented in this conference cover a wide array of these applications, from vertical integration and entry regulation to competition through contract design, auctioning procurement contracts and political consequences of media competition.

Friday, 7 October 2005

• A Theory of Bilateral Oligopoly
  Kenneth Hendricks, University of Texas-Austin (joint with R. Preston MacAfee, California Institute of Technology).
  
  
• Bilateral Market Power and Vertical Integration in the Spanish ElectricitY Spot Market
  Matilde P. Machado, Universidad Carlos III de Madrid (joint with Kai-Uwe Kühn, University of Michigan).
  
  
• An International Comparison of the Determinants of Unilateral Market Power in Wholesale Electricity Markets
  Frank A. Wolak, Stanford University.
  

Saturday, 8 October 2005

• The Impact of Entry Regulation in Related Markets – The Case of Medical Professions
  Frank Verboven, Katholieke Universiteit Leuven (joint with Catherine Schaumans, K.U. Leuven).
  
  
• Optimal Sequential Auctions
  Martin Pesendorfer, London School of Economics (joint with Mireia Jofre-Bonet, London School of Hygene and Tropical Medicine).
  
  
• Constrained Monopoly Pricing with Endogenous Participation
  Eugenio J. Miravete, University of Pennsylvania (joint with Gabriel Basaluzzo, Instituto Tecnológico Autónomo de México).
  
  
• Competition in Automobile Insurance
  Pierre-André Chiappori, Columbia University (joint with Bernard Salanié, Columbia University).
  
  
• Does Local News en Español Boost US Hispanic Voter Turnout?
  Joel Waldfogel, The Wharton School, University of Pennsylvania (joint with Felix Oberholzer-Gee, Harvard Business School).