NATIONAL BUREAU OF ECONOMICS RESEARCH, INC.



Industrial Organization Program Meeting



Severin Borenstein and Alan Sorensen, Organizers



Nancy L. Rose, Program Director



February 20 and 21, 2004



NBER Offices

30 Alta Road

Stanford, CA



PROGRAM



FRIDAY, FEBRUARY 20, 2004:



12:00 N Lunch



1:00 PM FEDERICO CILIBERTO, North Carolina State University

ELIE TAMER, Princeton University

Market Structure and Multiple Equilibria in Airline Markets



Discussant: KENNETH HENDRICKS, University of Texas at Austin



2:15 PM Break



2:30 PM ERIN MANSUR, Yale University

Environmental Regulation in Oligopoly Markets:

A Study of Electricity Restructuring



Discussant: FRANK WOLAK, Stanford University and NBER



3:45 PM Break



4:00 PM ALI HORTACSU, University of Chicago and NBER

STEVE PULLER, Texas A&M

Testing Strategic Models of Firm Behavior in Restructured

Testing Strategic Models of Firm Behavior in Restructured Electricity Markets: A Case Study of ERCOT



Discussant: PETER REISS, Stanford University and NBER



5:15 PM Adjourn



6:15 PM Group Dinner

MacArthur Park

27 University Avenue

Palo Alto, CA





SATURDAY, FEBRUARY 21, 2004



8:00 AM Continental Breakfast



8:30 AM FABIO PANETTA and FABIANO SCHIVARDI, Banca d'Italia

MATTHEW SHUM, Johns Hopkins University

Do Mergers Improve Information?  Evidence from the Loan Market



Discussant: MARK ISRAEL, Northwestern University



9:45 AM Break

10:00 AM DAVID GENESOVE, Hebrew University

Why Are Tere So Few (and Fewer and Fewer) Two-Newspaper Towns?



Discussant: JOEL WALDFOGEL, University of Pennsylvania and NBER



11:15 AM MEGHAN BUSSE, UC, Berkeley

JORGE SILVA-RISSO,UC, Riverside

FLORIAN ZETTELMEYER, UC, Berkeley and NBER

$1000 Cash Back: Asymmetric Information in Auto Manufacturer Promotions



Discussant: TIMOTHY BRESNAHAN, Stanford University and NBER



12:30 PM Lunch



1:30 PM SHARON OSTER, Yale University

FIONA SCOTT MORTON, Yale University and NBER

Behavioral Decision-making:

An Application to the Setting of Magazine Subscription Prices



Discussant: STEFANO DELLA VIGNA, UC, Berkeley



2:45 PM Break

3:00 PM ULRIKE MALMENDIER, Stanford University

GEOFFREY TATE, Harvard University

Who Makes Acquisitions? 

CEO Overconfidence and the Market's Reaction



Discussant: JUDITH CHEVALIER, Yale University and NBER



4:15 PM Adjourn











2/56/04