Penn Stater Conference Center
The Center for the Study of Auctions, Procurements and Competition Policy at Penn State along with our partner, The Institute for Financial Studies, will host the 2nd Annual CAPCP Conference March 26-29, 2009.
The conference is sponsored by the Human Capital Foundation.
Printable PDF agenda: CAPCP Conference Agenda
Thursday, March 26, 2009
Thursday, March 26, 2009
Hotel check-in and conference registration
Evening events in the Senate Suites on the Main Level
Reception 6-7:30pm
Dinner at 7:30pm
Evening events include a presentation by Robert Engle, Michael Armellino Professor of Finance and Nobel Laureate 2003, NYU-Stern School of Business
Vijay Krishna, Pennsylvania State University
Recognition of Eric Maskin, Institute for Advanced Study, Nobel Memorial Prize in Economics 2007
Friday, March 27, 2009
7:15 – 8:15 a.m. Buffet breakfast in Senate Suites – Main Level
All sessions to be held in room 207
Click on title to view paper
8:30-8:45a.m. Welcoming Remarks
Robert Marshall, Pennsylvania State University
Barry Ickes, Pennsylvania State University
Isabelle Perrigne, Pennsylvania State University
Morning Session Chair: Quang Vuong, Pennsylvania State University
8:45 – 10:45 a.m.
Gregory Lewis, Harvard University
“Procurement Contracting with Time Incentives: Theory and Evidence“
Discussant: Elena Krasnokutskaya, University of Pennsylvania
Liran Einav, Stanford University
“Contract Pricing in Consumer Credit Markets”
Discussant: Amit Gandhi, University of Wisconsin-Madison
10:45 -11:15 a.m. Break
11:15a.m. – 12:15 p.m.
Michael Ostrovsky, Stanford Graduate School of Business
“Information Aggregation in Dynamic Markets with Strategic Traders“
Discussant: Philip Reny, University of Chicago
12:15 – 1:45 p.m. Buffet lunch in Senate Suites – Main Level
Afternoon Session Chair: Edward Green, Pennsylvania State University
1:45 – 3:45 p.m.
David Martimort, Toulouse University
“Mechanism Design with Bilateral Contracting“
Discussant: George Mailath, University of Pennsylvania
George-Levi Gayle, Carnegie Mellon University
“Identifying and Testing Generalized Moral Hazard Models of Managerial Compensation”
Discussant: Steve Tadelis, University of California-Berkeley
3:45 – 4:15 p.m. Break
4:15 – 5:15 p.m.
Lawrence Ausubel and Peter Cramton, University of Maryland
“Common-Value Auctions with Liquidity Needs: An Experimental Test of a Troubled Assets Reverse Auction“
Discussant: Dan Levin, Ohio State University
Evening events will be held at Hintz Alumni Center
6:30 to 10:00pm
Bus service will be provided for event at Hintz Alumni Center
Saturday, March 28, 2009
7:15 – 8:15 a.m. Buffet breakfast in Senate Suites – Main Level
All sessions to be held in room 207
Click on title to view paper
Morning Session Chair: Vijay Krishna, Pennsylvania State University
8:30 – 10:30 a.m.
Steven Berry, Yale University
“Nonparametric Identification of Multinomial Choice Demand Models with Heterogeneous Consumers“
Discussant: Stephen Ryan, Massachusetts Institute of Technology
Jeroen Swinkels, Washington University in St. Louis
“On the Analysis of Asymmetric First Price Auctions”
Discussant: Bernard Lebrun, York University
10:30 -11:00 a.m. Break
11:00a.m. – 12:00 p.m.
Frank Wolak, Stanford University
“How Do Firms Exercise Unilateral Market Power?
Evidence from a Bid-Based Wholesale Electricity Market”
Discussant: Daniel Ackerberg, UCLA
12:00 – 1:30 p.m. Buffet lunch in Senate Suites – Main Level
Afternoon Session Chair: James Tybout, Pennsylvania State University
1:30 – 3:30 p.m.
Victor Aguirregabiria, University of Toronto
“A Dynamic Oligopoly Game of the US Airline Industry: Estimation and Policy Experiments”
Discussant: Daniel Xu, New York University
Lanier Benkard, Stanford University
“Simulating the Dynamic Effects of Horizontal Mergers: U.S. Airlines “
Discussant: Allan Collard-Wexler, NYU – Stern School of Business
3:30 – 4:00 p.m. Break
4:00 – 5:30 p.m.
CRIFES Roundtable: Energy Security
Andrey Vavilov, Institute for Financial Studies
Richard Ericson, East Carolina University
Clifford Gaddy, Brookings Institution
Evening events will be held at Beaver Stadium – Presidential Suites
6:30 – 7:30 p.m. Reception
7:30 – 10:00 p.m. Dinner
Bus service will be provided for event at Beaver Stadium
Sunday, March 29, 2009
7:15 – 8:15 a.m. Buffet breakfast in Senate Suites-Main Level
All sessions to be held in room 207
Click on title to view paper.
Morning Session Chair: Kalyan Chatterjee, Pennsylvania State University
8:30 – 10:30 a.m.
Glenn Ellison, Massachusetts Institute of Technology
“Position Auctions with Consumer Search“
Discussant: Leslie Marx, Duke University
Tong Li, Vanderbilt University
“Affiliation and Entry in First-Price Auctions with Heterogeneous Bidders“
Discussant: Ali Hortacsu, University of Chicago
10:30 -11:00 a.m. Break
11:00a.m. – 12:00 p.m. – Closing Presentation
Eric Maskin, Albert O. Hirschman Professor of Social Science and 2007 Nobel Laureate, Institute for Advanced Study
“Elections and Strategic Voting: Condorcet and Borda”
12:00 – 1:30 p.m. Buffet lunch in Senate Suites-Main Level
Accommodations
The conference will be held at the Penn Stater Conference Center in State College, PA.
We will be in touch two weeks prior to the conference with your room confirmation number at the Penn Stater.
Toll-free phone number of the Penn Stater: (800) 233-7505
Travel Information
For travel directions and airport information the following link will provide you with information on how to get to the conference. The site also contains phone numbers for the local airport and stations.
If you are flying to State College please email a copy of your itinerary to Michele Moslak to have local transportation arranged from the airport.
You will receive an email prior to the conference with your hotel and shuttle information.
Registration Information
When you arrive at the Penn Stater you will be able to receive your conference materials. The conference desk will be located near the main hotel registration desk.
Per University regulations the following forms need to be completed by all guests at a University event. If you have not done so already please complete the forms and fax to Michele at 814-865-0013 or attach as a pdf document and email to Michele Moslak. You will be asked to sign original forms at the conference registration as well as show copies of passport/visa/I94 card if apply.
Visitor Information Sheet
Contact Information
Questions on the CAPCP April Conference should be directed to:
Michele Moslak
The Center for the Study of Auctions, Procurements and Competition Policy at Penn State
Department of Economics
The Pennsylvania State University
515 Kern Building
University Park, PA 16802
phone: 814-865-0130
fax: 814-865-0013