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Searle Antitrust Economics and Competition Policy Conference

If you’re in Chicago next week, and even if you’re not, go check out the Second Annual Searle Center Antitrust Economics and Competition Policy conference at Northwestern University School of Law.  The conference will take place September 25th and 26th and has a great lineup including a pretty good mix of theory and empirics.  My co-author (and former Director of the Bureau of Economics at the FTC) Mike Baye will be presenting our paper, Is Antitrust Too Complicated for Generalist Judges?  The Impact of Economic Complexity and Training on Appeals.

The rest of the conference agenda and other details are below:

Preliminary Agenda (as of July, 15, 2009)

Friday, September 25th

7:45-8:15 Continental Breakfast (WB 112)

8:15-8:30 Welcome and Introduction (WB 147)
David E. Van Zandt, Dean and Professor of Law, Northwestern University School of Law
Henry N. Butler, Executive Director, Searle Center, Northwestern University School of Law
William Rogerson, Northwestern University

8:30-9:30 Session One
Competition Policy and Property Rights

John Vickers, Professor of Economics and Warden, All Souls College, Oxford University
Discussant: Scott Stern, Associate Professor of Management and Strategy, Kellogg School of Management, Northwestern University

9:30-10:00 Break

10:00-11:00 Session Two
Toward a Test for Price FixingSocial Objective, Detection, and Sanctions
Louis Kaplow, Finn M. W. Caspersen and Household International Professor of Law and Economics, Harvard Law School
Discussant:  Timothy Bresnahan, Landau Professor in Technology and the Economy, Stanford University Department of Economics

11:00-11:30 Break

11:30-12:30 Session Three
Is Antitrust Too Complicated for Generalist Judges?  The Impact of Complexity & Judicial Training on Appeals
Michael R. Baye, Bert Elwert Professor of Business, Kelley School of Business, University of Indiana
Joshua D. Wright, Assistant Professor of Law, George Mason University School of Law
Discussant: Henry N. Butler, Searle Center, Northwestern Law

12:30-2:00 Lunch
Keynote Address: The Relationship Between Antitrust and Regulation in Light of Trinko
Howard Shelanski, Deputy Director for Antitrust, Bureau of Economics, FTC, and UC Berkeley

2:00-3:00 Session Four
Dynamic Merger Review
Michael Whinston, Robert E. and Emily H. King Professor of Business Institutions Department of Economics, Northwestern University
Discussant: Michael Riordan, Laurans A. and Arlene Mendelson Professor of Economics, Columbia University

3:00- 3:30 Break

3:30-4:30 Session Five
Competition Policy and Financial Distress
Ezra Friedman, Professor of Law, Northwestern University School of Law
Marco Ottaviani, Professor of Management and Strategy, Kellogg School of Management, Northwestern University
Discussant: Jonathan Baker, Professor of Law, American University’s Washington College of Law

4:30- 5:00 Break

5:00-6:00 Session Six
The CC’s margin-concentration analysis in the UK Groceries Inquiry
Jerry Hausman, John and Jennie S. MacDonald Professor, MIT, Department of Economics
Discussant: Aviv Nevo, Professor of Economics and Marketing, Northwestern University, Department of Economics

6:00-7:00 Cocktail Reception (WB 440)

7:00- 9:00 Dinner (WB 540)
Keynote Address: Microeconomic Policy and Competition Policy
Joseph Farrell, Director, Bureau of Economics, FTC and UC Berkeley

Saturday, September 26th

8:00-8:30 Continental Breakfast (WB 112)

8:30-9:30 Session Seven
Insurance, Consumer Choice, and the Equilibrium Price and Quality of Hospital Care
Michael Katz, Harvey Golub Professor of Business Leadership and Professor of Management, New York University Stern School of Business and UC Berkeley
Discussant: David E.M. Sappington, Lanzillotti-McKethan Eminent Scholar, University of Florida, Department of Economics

9:30-10:00 Break

10:00-11:00 Session Eight
Not Good Enough for Government Work: Geographic Market Definition and The FTC’s Case Against Chicagoland Physician Associations
Fred S. McChesney, Class of 1967 James B. Haddad Professor of Law, Northwestern University School of Law
Discussant: John Simpson, FTC

11:00-11:30 Break

11:30-12:30 Session Nine
The Economics of “Radiator Springs:” Industry Dynamics, Sunk Costs, and Spatial Demand Shifts
Thomas Hubbard, John L. and Helen Kellogg Professor of Management and Strategy, Kellogg School of Management, Northwestern University
Discussant: Steven T. Berry, James Burrows Moffatt Professor of Economics, Yale Department of Economics

12:30 Adjourn (Box Lunch Available)

Location
Northwestern University School of Law
Wieboldt Hall
Room 147
340 E. Superior Street
Chicago, IL 60611