CSIO-IDEI Conference 2000

The Joint CSIO/IDEI Industrial Organization Workshop
April 26-27, 2000
Northwestern University, Evanston, IL
The CSIO jointly sponsored this workshop with the Institut D’Economie Industrielle at the University of Toulouse. A list of the papers presented follows.

Jean Tirole
Cooperation Among Competitors: The Economics Of Credit Card Associations
(joint with Jean-Charles Rochet)

Robert Porter

Empirical Implications of Equilibrium Bidding in First-Price Symmetric Common Value Auctions

CSIO Working Paper #0008 (joint with Ken Henricks and Joris Pinkse)

Jacques Cremer
“The Industrial Economics of the Internet Backbone”

This lecture was based on three papers:
“The Pricing of Critical applications in the Internet” (joint with Cyril Hariton),
Network Externalities and Universal Service Obligation in the Internet
Connectivity in the Commercial Internet” (joint with Patrick Rey and Jean Tirole)

Asher Wolinsky
“Second Opinions and Price Competition: Inefficiency in the Market for Expert Advice”
(joint with Wolfgang Pesendorfer)

Claude Crampes
Product Specification, Multi-Product Screening and Bundling: The Case of Pay TV
(joint with Abraham Hollander)

David Dranove and Mark Satterthwaite
“Information is Good Except When Its Not: The Effect of Health Care Quality Report Cards”
(joint with Daniel Kessler and Mark McClellan)

Patrick Rey
Capacity Constraints, Mergers and Collusion
(joint with O. Compte and F. Jenny)

William Rogerson
On the Use of Simple Menus of Linear Contracts in Cost-Based Procurement and Regulation

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Seminar in Industrial Organization

Monday, November 18, 3:30 PM

Giulia Brancaccio (Cornell University): "Efficiency in Decentralized Transport Markets"


ABSTRACT: In this paper we explore efficiency and optimal policy in decentralized transportation markets, such as taxicabs, trucks and bulk shipping. We focus on the role of search frictions, which are common in these markets. We explore how search frictions distort equilibrium allocations away from efficient outcomes, and provide analytical results for the conditions required to restore efficiency. These conditions naturally translate to a set of origin-destination efficient prices that can inform optimal policy. We then use our theoretical results to explore welfare loss and policy in the dry bulk shipping sector. We find evidence of inefficiencies that reduce international trade.

Seminar in Industrial Organization

Monday, November 25, 3:30 PM

Tom Holmes (University of Minnesota): Title TBA

Seminar in Industrial Organization

Monday, December 2, 3:30 PM

Eugenio Miravete (University of Texas): Title TBA