Master Class with Patrick Bajari
on Econometric Analysis of Collusion
December 11-12 - Beurs van Berlage, Amsterdam, The Netherlands
ENCORE is proud to announce that Patrick Bajari has agreed to teach the ENCORE Master Class 2008. Professor Bajari's econometric work on cartels is world-renowned. This fifth ENCORE Master Class is sure again to become an outstanding learning experience for competition economists.
Course materials and reading list
This is a specialized and intensive one and a half day course on advanced issues in the applied analysis of collusion. Topics will include case studies of collusive behavior and monitoring for possible collusion, particularly in procurements awarded by competitive bidding. The course will include a discussion of relevant methods and applications of these methods to real world data sets. These include screens that can assist in the detection of collusion, modelling approaches to study the effects of cartels and assess antitrust damages.
Targeted audience
The contents will be targeted at a specialized audience of economists, competition lawyers and policymakers interested in competition policy and its enforcement. Included in the discussions will be the broad theoretical framework to gain an understanding of the various types of conduct and their anti-competitive consequences, and presentation of facts and figures and some legal issues. While the course primarily offers hands-on econometric techniques for application in actual competition cases, it will also be a rich source of research ideas for Ph.D. students in Economics and Law & Economics scholars.
Biography Patrick Bajari
Professor Patrick Bajari is Professor of Economics at the University of Minnesota. He received his Ph.D. from Minnesota in 1997. Prior to his return to Minnesota, he held positions in the economics departments at Harvard, Stanford, Duke and Michigan. Professor Bajari is the Managing Editor of the International Journal of Industrial Organization, and an Associate Editor for the Journal of Business and Economic Statistics and for Quantitative Marketing and Economics.
Patrick Bajari teaches in the areas of industrial organization and applied econometrics. He has published research in leading economics journals on collusion, differentiated product demand estimation, auctions and methods for the empirical analysis of strategic behavior. Amongst the influential papers on the topic of this master class that Professor Bajari (co-)authored are
“Auction Design and Tacit Collusion in FCC Spectrum Auctions,” forthcoming in Information Economics and Policy;
“Deciding Between Competition and Collusion” (with Lixin Ye), The Review of Economics and Statistics, 85(4), 971-989 (2003);
“Detecting Collusion in Procurement Auctions” (with Garrett Summers), Antitrust Law Journal ,70(1),143-170 (2002).
For more information on Professor Bajari’s work, click here.
Practical details
Date: Thursday December 11 (full day) and December 12 (morning).
Venue: Beurs van Berlage, Amsterdam, The Netherlands.
Thursday December 11
09:00-13:00 lectures (with a coffee break)
13:00-14:00 lunch
14:00-17:15 lectures (with a tea break)
17:15- drinks and dinner
Friday December 12
09:00-12.00 lectures (with a coffee break)
12:00-13:00 presentation of certificates, followed by lunch
Course materials and reading list
Participants will receive course materials and a reading list in advance of the course for preparation. The materials will be sent in the second half of November.
Fee and registration
Registration is now closed. If you want to apply for registration, please send an email to info@encore.nl.
The registration fee for this ENCORE Master Class is €750,-. The fee includes participation and materials, luncheon, refreshments, and a group dinner in Amsterdam on Thursday evening. Payment details will be provided with the confirmation of your online registration.
ENCORE can award a limited number of reduced fees to selected young scholars (Ph.D. candidates and post-docs). To be considered for a fee waiver, please send a motivated application by separate e-mail to info@encore.nl.
