Event Description
The Federal Trade Commission's Bureau of Economics and the Tobin Center for Economic Policy at Yale University virtually hosted the 13th Annual FTC Microeconomics Conference on November 5 and 6, 2020. This event brought together scholars working in areas related to the FTC’s antitrust, consumer protection, and public policy missions.
The scientific committee for the conference was:
- Andrew Caplin (New York University)
- Philip Haile (Yale University)
- Justine Hastings (Brown University)
Organizers: Ted Rosenbaum (FTC) and Yan Lau (FTC)
Staff Contact: Alexander Avramov (202-326-3003)
In light of the ongoing coronavirus pandemic, this year’s conference was held virtually.
SPONSORS
This conference was sponsored by the Federal Trade Commission’s Bureau of Economics and the Tobin Center for Economic Policy at Yale University.
REGISTRATION
The registration period has passed. We will use your email address to contact you with information about the conference and will share your name and email address with the conference co-sponsors. The FTC Act and other laws we administer permit the collection of your pre-registration contact information and the comments you file to consider and use in this proceeding as appropriate. For additional information, including routine uses permitted by the Privacy Act, see the Commission's system for mailing lists. For more details, please see the FTC Privacy Policy.
ATTENDING THE WORKSHOP
The conference is free and open to the public. The registration period has passed.
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Thursday, November 5
10:00 a.m. Welcome
Andrew Sweeting (Federal Trade Commission) and Steven Berry (Yale University & Tobin Center for Economic Policy)
10:15 a.m. Paper Session
Chaired by Ted Rosenbaum & Yan Lau (Federal Trade Commission)
Runshan Fu (Carnegie Melon University) with Manmohan Aseri (University of Pittsburgh), Param Vir Singh (Carnegie Melon University), and Kannan Srinivasan (Carnegie Melon University), “Un”Fair Machine Learning Algorithms
Discussant: Susan Athey (Stanford Graduate School of Business)
Brett Hollenbeck (UCLA) with Renato Zaterka Giroldo (Cornerstone Research), Winning Big: Scale and Success in Retail
Discussant: Nancy Rose (MIT)
11:45 a.m. Break
1:00 p.m. Keynote Address, "Fact-Based Policy: New Opportunities to Improve Policy with Data, Science and Technology"
Justine Hastings (Brown University)
1:40 p.m. Break
2:00 p.m. Paper Session
Chaired by Justine Hastings (Brown University)
Christopher M. Whaley (RAND Corporation) with Daniel R. Arnold (University of California – Berkeley), Who Pays for Health Care Costs? The Effects of Health Care Prices on Wages
Discussant: Robert Town (University of Texas at Austin)
Leemore Dafny (Harvard Business School) with David Cutler (Harvard University), David C. Grabowski (Harvard Medical School), Steven Lee (Brown University), and Christopher Ody (Analysis Group), How Vertical Integration of Healthcare Providers can Reduce Competition in Healthcare Markets: The Case of Hospital-Owned Skilled Nursing Facilities
Discussant: Benjamin Handel (University of California – Berkeley)
3:30 p.m. First Day of Conference Concludes
Friday, November 6
9:00 a.m. Keynote Address, "Identifying Demand through Quasi-Experimental Variation"
Phil Haile (Yale University)
9:40 a.m. Break
10:00 a.m. Paper Session
Chaired by Phil Haile (Yale University)
Chenyu Yang (University of Maryland) with Ying Fan (University of Michigan), Merger, Product Variety and Firm Entry: the Retail Craft Beer Market in California
Discussant: Katja Seim (Yale University)
Alexander MacKay (Harvard Business School) with Zach Y. Brown (University of Michigan), Competition in Pricing Algorithms
Discussant: John Asker (UCLA)
11:30 a.m. Break
1:00 p.m. Keynote Address, "Using Choice Data to Regulate Product Presentation"
Andrew Caplin (New York University)
1:40 p.m. Break
2:00 p.m. Paper Session
Chaired by Andrew Caplin (New York University)
Megan Hunter (Boston College Carroll School of Management), Chasing Stars: Firms' Strategic Responses to Online Consumer Ratings
Discussant: Greg Lewis (Microsoft)
Bradley J. Larsen (Stanford University) with Patrick J. Kehoe (Stanford University) and Elena Pastorino (Stanford University), Dynamic Competition in the Era of Big Data
Discussant: Benjamin Shiller (Brandeis University)
3:30 p.m. Conference Concludes
File2020 FTC Microeconomics Conference Agenda (787.59 KB)
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Event Materials
File“Un”Fair Machine Learning Algorithms (1.32 MB)FileWinning Big: Scale and Success in Retail (2.57 MB)FileCompetition in Pricing Algorithms (2.66 MB)FileFileParticipant Biographies (621 KB)