PLENARY SESSION Saturday  17:30-18:30

Sala dei Cinquecento
Centro Congressi Unione Industriale Torino

Lawrence White, Stern School of Business, New York University
"Banking, Entry, and Antitrust"

PARALLEL SESSIONS Sunday  9:00 10:30

Session A1 - Room 1 - Pricing I

123 Nahata, Babu - Hybrid third-degree price discrimination: the economics of buy one, get one free
232 Costantatos, Christos; Larue, Bruno; Touil, Chedlia - Using the black market to price discriminate: the case of cigarettes smuggling in Canada
170 Asplund, Marcus; Friberg, Richard - Retail price levels and the concentration of wholesalers, retailers, and hypermarkets

Session A2 - Room 2 - R&D I

120 Irngartinger, Markus - Organizational structures of R&D under uncertain innovation
21 Love, James H.; Roper, Stephen - Scale, appropriability conditions, and the organisation of R&D
284 Iidaka, Yuki - R&D organization, industry structure, and welfare; with an application to biotechnology

Session A3 - Room 3 - Profitability

75 Cefis, Elena - Persistence in profitability and in innovative activities
106 Moreno Martín, Lourdes; Rodriguez, Diego - Domestic and foreign price-cost margins of Spanish manufacturing firms: a structural approach
386 Brammer, Stephen; Lyons, Bruce - Is corporate profitability simply a matter of choosing the right industries and producing in the right countries?

Session A4 - Room 4 - Small Firms and Innovation

136 Sterlacchini, Alessandro - Do innovative activities matter to small firms in non-R&D-intensive industries? An application to export performance
339 Calabrese, Giuseppe - Innovation capabilities in small-medium car suppliers
276 Reid, Gavin C.; Smith, Julia A. - Information system development in the small firm: tests of contingency, agency and markets & hierarchies approaches

Session A5 - Room 5 - International Trade I

117 Brandao, António; Escaleira, José - Trade policy and tacit collusion with price and quantity competition
83 García-Alonso, Mary Carmen - Security and price arbitrage
15 Okuguchi, Koji; Yamazaki, Takeshi - Two-stage lobbying model of protection

Session A6 - Room 6 - Firm Structure, Ownership and Performance I

154 Carree, Martin; van Stel, André; Thurik, Roy; Wennekers, A. Sander R.M. - Business ownership and economic growth in 23 OECD countries
67 Willner, Johan - Ownership, efficiency and political interference
319 Leech, Dennis - Minority control: an analysis of British companies using voting power indices

Session A7 - Room 7 - Collusion I

37 Spagnolo, Giancarlo - Debt as a (credible) collusive device
74 Neubauer, Silke - Multimarket contact, collusion and the internal structure of firms
102 Junius, Theo - On non-competitive behavior in a simple two-sector model
271 Baniak, Andrzej; Phlips, Louis - Antitrust enforcement with asymmetric information and Cournot strategies

Session A8 - Room 12 - Networks I

310 Kretschmer, Tobias - Competition, inertia, and network effects: slicing the pie before it's baked
367 Gröhn, Andreas - Network effects in PC-software: an empirical analysis
143 Lehto, Eero - Switching costs and networks externalities in the production of payment services

Session A9 - Room 13 - Product Differentiation I

107 Beloqui, Lander; Usategui, José María - Minimum quality standards with endogenous market coverage
92 Esteve-Pérez, Silviano - Exit with vertical product differentiation
51 Herguera, Ińigo; Kujal, Praveen; Petrakis, Emmanuel - The use of several instruments in trade policy in a vertically differentiated industry

Session A10 - Room 14 - Entry/Exit I

132 Fuentelsaz, Lucio; Gomez-Villascuerna, Jaime - Strategic and queue effects at entry: the case of Spanish savings banks
296 Vitali, Giampaolo - The entry mode choice of EU leading companies (1987-1997)
318 Fotopoulos, Georgios; Louri, Helen - Determinants of hazard confronting new entry: does financial structure matter?

Session A11 - Room 30 - Vertical Integration

219 Heavner, D. Lee - Vertical integration and bargaining with other production stages: the non-integration profit shield
7 Bunte, Frank; van Tongeren, Frank - Co-ordination and bargaining in vertically related markets
113 Krickx, Guido A. - Excessive integration and ferrite cores: the role of property rights and process innovation

Session A12 - Room 31 - Industry Studies I

165 Asaba, Shigeru; Lieberman, Marvin - Why do firms behave similarly? A study on new product introductions in the Japanese soft-drink industry
230 Zulehner, Christine - Learning-by-doing and firms' behavior in the DRAM market
172 Beaudry, Catherine - Enterprise in orbit: the supply of communication satellites

PARALLEL SESSIONS Sunday  11:00 12:30

Session B1 - Room 1 - Pricing II

312 Delgado, Miguel A.; Jaumandreu, Jordi; Martín Marcos, Ana - Price dynamics at the firm level: evidence on adjustment costs
4 Gil Pareja, Salvador - Exchange rates and European countries export prices: an empirical test for asymmetries in pricing to market behaviour
168 Arvidsson, Niklas; Asplund, Marcus; Eriksson, Rickard - Liquidity constraints and price adjustments

Session B2 - Room 2 - R&D II

364 Poyago-Theotoky, Joanna - Endogenous spillovers in a non-tournament R&D duopoly
22 Hoernig, Steffen - A model of dynamic R&D competition with endogenous innovation targets and leapfrogging
68 Scherer, Frederic M. - The innovation lottery

Session B3 - Room 3 - Efficiency

361 Benfratello, Luigi - Beyond profitability: the effect of acquisitions on technical efficiency in the Italian pasta industry
345 Farińas, José C.; Ruano, Sonia - Efficiency and export markets: a firm level analysis
270 Cho, M. Michael - Market structure and efficiency

Session B4 - Room 4 - Small Firms and Growth

19 Almus, Matthias; Nerlinger, Eric A. - Testing Gibrat's law for young firms - empirical results for Western Germany
341 Reymondon, Olivier - The growth and survival of heterogeneous new firms: a simulation model
374 Goedhuys, Micheline - Entrepreneurship and growth of entrepreneurial firms in Cote d'Ivoire
173 Beaudry, Catherine; Swann, G.M. Peter - Clusters, growth and the age of firms: a study of seven European countries

Session B5 - Room 5 - Multinationals I

289 Hubert, Florence; Pain, Nigel - Inward investment and technical progress in the United Kingdom
133 Resmini, Laura - The determinant of foreign direct investment into the CEECs: new evidence from sectoral patterns
46 Yamawaki, Hideki - Who survives in Japan?: An empirical analysis of European and U.S. multinational firms in Japanese manufacturing industries

Session B6 - Room 6 - Consumer Behavior

303 Zaninotto, Enrico; Rossi, Alessandro; Gaio, Loris - Stochastic learning in co-ordination games: a simulation approach
27 Pereira, Pedro - Cost reduction and consumer search
354 Anderson, Simon P.; de Palma, André - Price dispersion, reservation prices, and boundedly rational consumers

Session B7 - Room 7 - Mixed Oligopoly

275 Barros, Pedro Pita; Martinez-Giralt, Xavier - Public and private provision of health care
9 Sasaki, Dan; Wen, Mei - On optimal privatisation
287 Barros, Fátima - A note on internal efficiency in a mixed duopoly

Session B8 - Room 12 - Mergers and Takeovers

258 Chalkley, Martin; Stewart, Geoff - International trade and the incentive for merger
362 Granero, Luis M.; Coscollŕ, Mari Paz - The strategic choice of managerial incentives and loan commitments in oligopoly. Analysis of horizontal mergers
99 Haan, Marco; Riyanto, Yohanes E. - The effects of takeover threats on shareholders and firm value

Session B9 - Room 13 - Industrial Dynamics

285 Eliasson, Gunnar; Taymaz, Erol - Institutions, entrepreneurship, economic flexibility and growth. Experiments on an evolutionary micro-to-macro model
206 Geroski, Paul A.; Mazzucato, Mariana F. - Myopic selection and the learning curve
313 Dadoun, Béatrice - Strategic behavior and endogenous externalities: a dynamic model
268 Winter, S.G.; Kaniovski, Y.M.; Dosi, Giovanni - Modeling industrial dynamics with innovative entrants

Session B10 - Room 14 - Retailing

186 Aalto-Setälä, Ville - Economies of scale, concentration and market power in oligopolistic market
293 Moner-Colonques, Rafael; Sempere-Monerris, José J.; Urbano, Amparo - Equilibrium distribution systems under retailers' strategic behaviour
315 Dobson, Paul W.; Waterson, Michael - The public policy implications of increasing retailer power

Session B11 - Room 30 - Multimarket Contacts

142 Thomas, Charles J. - Multimarket contact and imperfect information
236 Vannoni, Davide - The incentive to operate in more than one market: a model of multiproduct firms
325 Siebert, Ralph - Multimarket competition, market power and learning by doing in the DRAM industry

Session B12 - Room 31 - Banking I

141 De Bonis, Riccardo; Ferrando, Annalisa - The Italian banking structure in the Nineties: testing the multimarket contact hypothesis
43 Toolsema-Veldman, Linda A.; Schoonbeek, Lambert - Bank behavior and the interbank rate in an oligopolistic market
91 Gual, Jordi - Deregulation, integration and market structure in European banking

POLICY ROUND TABLE Sunday  14:00-15:30

Aula Magna, Faculty of Economics

"Privatization, Liberalization and Restructuring in Europe"

Gian Maria Gros-Pietro, University of Torino and I.R.I.
John Kay, London Economics
Dennis Mueller, University of Vienna
Gerard Roland, ECARE – Universitč Libre de Bruxelles

Chair: Domenico Siniscalco, University of Torino

PARALLEL SESSIONS Sunday  16:00 17:30

Session C1 - Room 1 - Price Competition I

196 Nolan, Dermot - Predatority pricing in an oligopolistic framework
167 Nilsson, Arvid - Price advertising and competition
337 Pastine, Ivan; Pastine, Tuvana - On endogenous leadership in price competition
61 Jonard, Nicolas; Schenk, Eric - A duopoly logit model with price competition and strategic compatibility

Session C2 - Room 2 - R&D III

81 Horváth, Réka - Information sharing in research joint ventures and the limited liability effect
54 Jensen, Richard; Showalter, Dean - Debt and R&D expenditures
108 Jansen, Jos - Product preannouncement and concealment in R&D races with learning labs

Session C3 - Room 3 - Innovation I

39 Cantner, Uwe; Pyka, Andreas - Classifying technology policy from an evolutionary perspective
350 Pianta, Mario - Innovation, demand and employment
252 Siebert, Ralph - Innovation by multiproduct firms

Session C4 - Room 4 - Firm Size Distribution

48 Machado, José A. F.; Mata, José - Box-Cox quantile regression and the distribution of firm sizes
253 Ueda, Masako - The boundaries and the size distribution of firms
25 Asplund, Marcus - On the size distributions of firms and markets

Session C5 - Room 5 - Multinationals II

245 Konrad, Kai A.; Lommerud, Kjell Erik - Foreign direct investment, intra-firm trade and ownership structure
298 Kaplan, Todd; Luski, Israel; Wettestein, David - Government policy towards multi-national corporations
50 Jie-A-Joen, Clive; Belderbos, René; Sleuwaegen, Leo - Local content requirements, vertical cooperation, and foreign direct investment

Session C6 - Room 6 - Firm Organization I

207 Burguet, Roberto; Caminal, Ramon; Matutes, Carmen - Golden cages for showy birds: optimal switching costs in labour contracts
334 Hvide, Hans K.; Kristiansen, Eirik G. - Risk taking in selection contests
20 Gürtzgen, Nicole - Wage-employment bargaining in a unionized oligopoly and international market integration

Session C7 - Room 7 - Advertising I

360 Fraser, Stuart; Paton, David - Does advertising increase labour supply? Time series evidence from the UK
288 O'Mahony, Mary; Vecchi, Michela - More R&D or more advertising? Tangible and intangible investment and economic performance: evidence from company accounts
336 Pastine, Ivan; Pastine, Tuvana - Co-ordination in markets with consumption externalities: the role of advertising and product quality

Session C8 - Room 12 - Industrial Policy

134 Symeonidis, George - Are cartel laws bad for business? Evidence from the UK
278 Hamar, Judit - Policy changes and the altering ways of linking to the global corporate networks. Hungarian experiences with the OPT and the MNCs
71 Cowling, Keith; Tomlinson, Philip - The Japanese crisis - a case of strategic failure?

Session C9 - Room 13 - Telecomunications I

324 Brunnekreeft, Gert; Gross, Wolfgang - Price structures in the market for long-distance voice telephony in Germany
242 Bourreau, Marc - Averaging constraints and adoption strategies in the local loop
378 Müller, Jürgen - Restructuring of the telecommunication sector in the West and East and the role of science and technology

Session C10 - Room 14 - Entry/Exit II

372 Sleuwaegen, Leo; Konings, Jozef; Mommaerts, Gerry - Exit under uncertainty in a small open economy: evidence from Belgian manufacturing
228 Duso, Tomaso - Do endogenous switching costs promote high quality entry?
101 Toivanen, Otto; Waterson, Michael - Market structure and entry: where's the beef?

Session C11 - Room 30 - Investment and Divestment

195 Ferrando, Annalisa; Ganoulis, Ioannis - Investment revision and business shocks: is there heterogeneity among firms?
188 Temple, Paul; Urga, Giovanni; Driver, Ciaran - The influence of uncertainty of investment in the UK: a macro or micro phenomenon?
224 Haynes, Michelle; Thompson, Steve; Wright, Mike - The determinants of corporate divestment: evidence from a panel of UK firms

Session C12 - Room 31 - Electric Power

301 Branston, Robert - A counterfactual price analysis of electricity privatisation in England and Wales
159 Bortolotti, Bernardo; Fantini, Marcella; Siniscalco, Domenico - Regulation and privatisation: the case of electricity
277 Arocena, Pablo; Waddams Price, Catherine - Generating efficiency: the power of price caps in the public and private Spanish electricity sectors

PARALLEL SESSIONS Monday  9:00 10:30

Session D1 - Room 1 - Pricing III

329 Moral, M. José; Jaumandreu, Jordi - Optimal multiproduct prices. An application in the automobile market
371 McCabe, Mark J. - Academic journal pricing and market power: a portfolio approach
11 Pinske, Joris; Slade, Margaret E.; Brett, Craig - Spatial price competition: a semiparametric approach

Session D2 - Room 2 - R&D IV

3 Llorca Vivero, Rafael - Product differentiation and process R&D: testing the model with Spanish firm data
86 Rouvinen, Petri - R&D spillovers among Finnish manufacturing firms
322 Koski, Heli A. - Network externalities, R&D spill-overs and technology policy, and the R&D intensity of the communications sector

Session D3 - Room 3 - Innovation II

34 Arvanitis, Spyros; Hollenstein, Heinz - The determinants of the adoption of Advanced Manufacturing Technology (AMT) - an empirical analysis based on firm-level data for Swiss manufacturing
115 Battisti, Giuliana - The replacement of the old with the new: the decision to invest in a new technology
55 Rafiquzzaman, Mohammed; Whewell, Lori - Trends in cross-country innovative performance and the determinants of international patenting activities

Session D4 - Room 4 - Patents

45 Moldovanu, Benny; Sela, Aner - Patent licensing to Bertrand competitors
193 Blind, Knut - Driving forces for standardisation at standardisation development organisations: the German experience
389 Kamien, Morton I.; Zang, Israel - Virtual patent extension by cannibalization

Session D5 - Room 5 - Multinationals III

342 Pfaffermayr, Michael - Employment in domestic plants and foreign affiliates: a note on the elasticity of substitution
59 Tomlin, KaSaundra M. - Foreign direct investment decisions: the impact of exchange rate skewness with external financing
163 Sanna-Randaccio, Francesca - The impact of foreign direct investment on home and host countries with endogenous R&D

Session D6 - Room 6 - Sunk Costs

353 Mosconi, Franco - The economics of newspapers. A study on market size - market structure relationship
346 Peneder, Michael - Intangible investment and human resources. The new WIFO taxonomies of manufacturing industry
146 Carpenter, Robert E.; Petersen, Bruce C. - Is it time to abandon the Marshallian shutdown condition?

Session D7 - Room 7 - Regulation I

28 Iossa, Elisabetta; Stroffolini, Francesca - Price cap regulation and information acquisition
111 Iozzi, Alberto; Portiz, Jonathan A.; Valentini, Edilio - Distributional equity and price cap regulation
294 Rahman, David - A geometry of price controls
383 Pitchford, Rohan - A theory of deregulation

Session D8 - Room 12 - Market Structure

76 Neumann, Manfred; Weigand, Jürgen; Gross, Alexandra - Market size, fixed costs and horizontal concentration
229 Chae, Suchan; Heidhues, Paul - Concentration in the movie theatre industry and incentives to enter the movie producing industry: a bargaining theoretic perspective
129 Cable, John; Morris, Clare - Market share instability and the competitive process: a case study of the UK national daily newspaper market

Session D9 - Room 13 - Infrastructures

198 Stephan, Andreas - The impact of road infrastructure on productivity and growth: new results for the German manufacturing sector
235 Bassanini, Anna; Nastasi, Alberto - Competition in the rail transport sector and the problem of track allocation
199 Cadot, Oliver; Röller, Lars-Hendrik; Stephan, Andreas - Contribution to productivity or pork-barrel? The two faces of infrastructure investment

Session D10 - Room 14 - Entry/Exit III

148 Brouwer, Maria - Entry barriers and limit price: strategies for entrants and incumbents
308 Pénard, Thierry - Entry strategy and regulation of telecommunications: a judo economics model
131 Dixon, Stuart - Limit pricing and multimarket entry

Session D11 - Room 30 - Transition Economies

135 Bedi, Arjun S.; Cieslik, Andrzej - Foreign direct investment, wages and wage growth: the case of Poland
240 Walsh, Patrick Paul; Whelan, Ciara - Regional location and firm performance in Central Eastern Europe transition economies
365 Repkine, Alexander; Walsh, Patrick Paul - European trade and investment U-shaping industrial output in Central and Eastern Europe: evidence for Bulgaria, Hungary and Romania

Session D12 - Room 31 - Networks II

62 Creti, Anna - Firms' organisation and efficient communications networks
344 Midelfart Knarvik, Karen Helene; Steen, Frode - Vertically linked industries: are there any gains from agglomeration?
114 Buehler, Stefan - Network competition under asymmetric interconnection regulation: lesson from the Swiss case

PARALLEL SESSIONS Monday  11:00 12:30

Session E1 - Room 1 - Pricing IV

150 Mańez Castillejo, Juan A. - Unbeatable value: low price guarantee or loss leaders strategy?
171 Giulietti, Monica; Otero, Jesus - The timing of tariff structure changes in regulated industries: evidence from England and Wales
359 Paton, David; Vaughan-Williams, Leighton - Monopoly rents and price fixing in UK betting markets

Session E2 - Room 2 - Innovation III

335 Becker, Wolfgang; Peters, Jürgen - Technological opportunities, absorptive capacities and innovation
244 Gourlay, Adrian R. - The determinants of technology diffusion: evidence from the UK financial sector 1972 to 1996
10 Harabi, Najib - Innovation through vertical relations between firms, suppliers and customers: a study of German firms

Session E3 - Room 3 - R&D and Productivity

249 Dilling-Hansen, Mogens; Eriksson, Tor; Madsen, Erik Stojer; Smith, Valdemar - The impact of R&D on productivity: evidence from Danish firm-level data
292 Llerena, Patrick; Oltra, Vanessa - Diversity of innovative strategy as a source of technological performance
180 Haynes, Michelle; Thompson, Steve - The productivity impact of IT deployment: an empirical evaluation of ATM introduction

Session E4 - Room 4 - Firm Survival

212 Chapelle, Karine - Firm survival and contestability in the Ivorian manufacturing sector. Estimations using a hazard function
226 Klepper, Steven; Simons, Kennet L. - The making of an oligopoly: firm survival and technological change in the evolution of the U.S. tire industry
155 Mahmood, Talat - Survival of newly founded businesses: a log-logistic model approach

Session E5 - Room 5 - Trade Policy

116 Portela Forte, Rosa; Brandao, António - The effects of trade policy liberalisation under imperfect competition: the Portuguese electrical and electronic industry
217 Costa Cabral, Celia; Kujal, Praveen - Trade policy and incentives for cost reduction in a differentiated industry: price vs. quantity competition
311 Vandenbussche, Hylke; Wauthy, Xavier - European antidumping policy and firms' strategic choice of quality

Session E6 - Room 6 - Firm Organization II

118 Battistini, Alberto - Specificity of investments and efficiency of institutional arrangements: costs and benefits of grouping economic organizations
222 Michie, Jonathan; Ramalingam, Shay - From Barnsley to the Green Bay Packers: mutuals as a means of removing stakeholder conflict
103 Leiponen, Aija - Core complementarities of the corporation? Knowledge and the organization of an innovating firm
338 Haid, Micheal H.; Nowak, Eric - Executive compensation and the susceptibility of firms to hostile takeovers. An empirical investigation of the U.S. oil industry

Session E7 - Room 7 - Collusion II

145 Jin, Jim Y. - Perfect collusion under private uncertainty
178 Merzoni, Guido - Collusion through renegotiable managerial contracts in duopoly
153 Feuerstein, Switgard - Collusion with fluctuating exchange rates

Session E8 - Room 12 - Signalling

328 Schenk, Christoph - Signaling through subcontracting
90 Kuhn, Michael - Sweetening the lemons? Imperfect auditing and entry into a credence goods market under rational anticipation of average quality
56 Macho-Stadler, Inés; Pérez-Castrillo, David - Auditing with signals
35 Krepps, Matthew B. - Exploring linkages between product markets and capital markets: strategic layoff preannouncements

Session E9 - Room 13 - Product Differentiation II

316 Barreda, Iván; Georgantzís, Nikolaos - Vertical relations in horizontally differentiated markets with differentiation costs
12 Emons, Winand - Product differentiation and price competition between a safe and a risky seller
17 Cellini, Roberto; Lambertini, Luca - A differential game approach to investment in product differentiation

Session E10 - Room 14 - Research Joint Ventures I

183 Katsoulacos, Yannis; Ulph, D.; Biboli, A. - Research joint ventures: formation, performance and welfare evaluation
357 Cassiman, Bruno; Veugelers, Reinhilde - R&D cooperation and spillovers: some empirical evidence
234 Barba Navaretti, Giorgio; Bussoli, Patrizia; von Graevenitz, Georg; Ulph, David - Information sharing, research co-ordination and membership of research joint ventures

Session E11 - Room 30 - Finance

157 Becchetti, Leonardo; Salloum, Damian - The choice of financial structure for ownership controlled firms
93 Palomino, Frédéric; Prat, Andrea - Risk taking and optimal contracts for money managers
314 Clemenz, Gerhard - Moral hazard and deep pockets: a model of financial predation
127 Harhoff, Dietmar; Körting, Timm - How many creditors does it take to tango?

Session E12 - Room 31 - Industry Studies II

382 Mangani, Andrea - Advertising and competition in television and radio markets
332 Yvrande, Anne - Is the new British railways structure stable? A transaction costs economics analysis
98 Richard, Oliver M. - An empirical analysis of the location of flight departure times on airline routes

PLENARY SESSION Monday  14:00-15:00

Aula Magna, Faculty of Economics

Oliver Hart, Harvard University
"Firms and Delegated Authority"

PARALLEL SESSIONS Monday  15:30 17:00

Session F1 - Room 1 - Price Competition II

255 Hehenkamp, Burkhard - An evolutionary solution to the Bertrand paradox explaining parallel behaviour
211 Doganoglu, Toker - Dynamic price competition with persistent consumer tastes
373 Hviid, Morten; Moellgaard, H. Peter - Countervailing power and price transparency

Session F2 - Room 2 - Innovation IV

179 Jensen, Richard - Innovative leadership and new product adoption
231 Athey, Susan; Schmutzler, Armin - Innovation and the emergence of market dominance
290 Tombak, Michael - The market for innovations with asymmetric firms

Session F3 - Room 3 - Productivity and Market Power

149 Drescher, Klaus; Connor, John - Market power and economies of scales in the German food-retail industry
375 Goedhuys, Micheline - Technical efficiency, market share and profitability of manufacturing firms in Cote d'Ivoire
351 Fraquelli, Giovanni; Erbetta, Fabrizio - Privatization in Italy: an analysis of factors productivity and technical efficiency

Session F4 - Room 4 - Financing Constraints

79 Haid, Alfred; Weigand, Jürgen - R&D, liquidity constraints and corporate governance
251 Yurtoglu, B. Burcin - Business groups, liquidity and investment: evidence from Turkey
8 Weigand, Juergen; Audretsch, David B. - Does science make a difference? Investment, finance and corporate governance in German industries
385 Mueller, Dennis C.; Gugler, Klaus; Yurtoglu, Burcin - Marginal q, Tobin's q, cash flow and investment

Session F5 - Room 5 - Multinationals IV

340 De Santis, Roberto A.; Stähler, Frank - Endogenous market structures and the gains from foreign direct investment
266 Calzolari, Giacomo - Optimal incentive regulation of multinational enterprises
317 Driffield, Nigel - Inward investment, industry concentration and the speed of adjustment

Session F6 - Room 6 - Firm Organization III

218 Delmastro, Marco - A static model of the organizational structure: theory and evidence
100 Riyanto, Yohanes E. - Delegation of authority, interdivisional relation, and firm structure
65 López-Cuńat, Javier M. - Adverse selection and managerial incentives

Session F7 - Room 7 - Strategic Behavior

309 Senbongi, Shuichi - Second mover advantage: observation values
66 Janssen, Maarten C.W.; Maasland, Emiel - Information acquisition in the Stackelberg model
53 von Ungern-Sternberg, Thomas - A note on fat cats and puppy dogs

Session F8 - Room 12 - Vertical Restraints

248 Ellingsen, Tore - Market foreclosure
38 Valletti, Tommaso M. - Market foreclosure and exclusivity contracts when consumers have switching costs
197 Martin, Stephen; Normann, Hans-Theo; Snyder, Christopher M. - Vertical foreclosure in experimental markets

Session F9 - Room 13 - Spillovers

305 Guarino, Antonio - Intra-industry and inter-industry knowledge spillovers and R&D activity
84 Ceccagnoli, Marco - The effect of spillovers and rivalry among firms with heterogeneous technological capabilities on R&D efforts
202 Wey, Christian - Compatibility investment in duopoly with demand-side spillovers under different degrees of cooperation

Session F10 - Room 14 - Entry/Exit IV

126 Lethiais, Virginie - Entry and lateral integration in two parallel markets
58 Mizuno, Keizo - Entry-deterrence contracts under a price-ceiling regulation
33 Elberfeld, Walter; Nti, Kofi O. - Time to coordination in a market with entry and exit

Session F11 - Room 30 - Empirical Studies

70 Schroeter, John R.; Azzam, Azzeddine M.; Zhang, Mingxia - Identifying the equilibrium concept in bilateral oligopoly
105 de Juan, Rebeca - The independent submarkets model: an application to the Spanish retail banking market
238 Kim, Moshe; Kliger, Doron; Vale, Bent; - Estimating switching costs and oligopolistic behavior

Session F12 - Room 31 - Cartels

227 Currarini, Sergio; Marini, Marco - Sequential play and cartel stability in oligopolies
72 Nocke, Volker - Cartel stability under capacity constraints: the traditional view restored
349 Motta, Massimo; Polo, Michele - Leniency programs and cartel prosecution

PARALLEL SESSIONS Tuesday  09:00 10:30

Session G1 - Room 1 - Economics of Sport

220 Holahan, William L.; Oughton, Christine - The analysis of a sports league dominated by a buyer's cartel
221 Branston, Robert; Cowling, Keith; Michie, Jonathan; Sugden, Roger - Strategic decision and the public interest. Modern corporations and the case of soccer
223 Findlay, Janette; Holahan, William L.; Oughton, Christine - Revenue sharing from broadcasting football

Session G2 - Room 2 - Innovation V

273 Orlando, Michael J. - On the importance of geographic and technological proximity for R&D spillovers: an empirical investigation
225 Ruiz, Juan M. - Another perspective on planned obsolescence: is there really too much innovation?
291 Versaevel, Bruno - Innovation types and appropriability

Session G3 - Room 3 - Market Power

343 Lever, Marcel H.C.; Nieuwenhijsen, N.R.; van Stel, A.J. - The degree of collusion in the Dutch construction sector
306 Traca, Daniel A. - Import-competition, market power and the infant-industry argument
323 Konings, Jozef; Van Cayseele, Patrick; Warzynski, Frederic - The dynamics of industrial markups: using firm-level data in two small open economies to assess whether national competition policies matter

Session G4 - Room 4 - Agglomeration

119 Nicolini, Rosella - Local agglomerations and trade: an empirical investigation
128 Pandit, Naresh R.; Cook, Gary A.S.; Swann, G.M. Peter - The dynamics of industrial clustering in UK financial services
166 Carlsson, Bo; Braunerhielm, Pontus; Johansson, Dan; Karaömerlioglu, Dilek C. - The old and the new: the evolution of polymer and biomedical clusters in Ohio and Sweden

Session G5 - Room 5 - International Trade II

95 Görg, Holger - Fragmentation and trade: US inward processing trade in the EU
370 Laursen, Keld - Revealed comparative advantage and the alternatives as measures international specialisation
387 Aiginger, Karl; Wolfmayr, Yvonne - Market size and the degree of specialization

Session G6 - Room 6 - Competition Policy

112 Aquino, Antonio - Competition policy and fiscal benefits for the production of manufactures in Southern Italy
164 Haan, Marco - Competition policy may deter entry
140 Martini, Gianmaria - A multi-period antitrust game: the dynamic effects of competition policy

Session G7 - Room 7 - Advertising II

190 Ishigaki, Hiroaki - Repetitive advertising to deter new entry
194 Hertzendorf, Mark N.; Overgaard, Per Baltzer - Price competition and advertising signals - signaling by competing senders
36 Schoonbeek, Lambert; Kooreman, Peter - The impact of advertising in a duopoly model

Session G8 - Room 12 - Mergers

256 Corchón, Luis C.; Fauli-Oller, Ramon - To merge or not to merge: that is the question
282 Brito, Duarte - Mergers in spatial competition models
213 Zhao, Jingang - Cost savings and the optimal market structure
299 Schenk, Hans - Policy implications of purely strategic mergers

Session G9 - Room 13 - Telecomunications II

18 Gruber, Harald; Verboven, Frank - The diffusion of mobile telecommunications services in the European Union
94 Foros, Oystein; Hansen, Bjorn - Competition and compatibility among Internet Service Providers
302 Crémer, Jacques; Hariton, Cyril - The tarification of critical applications in the Internet

Session G10 - Room 14 - Technological Change and Growth

24 Grupp, Hariolf - Technological change and growth: matching theory with new measurements on market level
377 Forni, Mario; Paba, Sergio - Technological externalities and growth of local industries. Evidence from Italy
1 Antonelli, Cristiano - Localized technological change and economies of growth: the case of Fiat: 1900-1970

Session G11 - Room 30 - Contracts

279 Fares, M'hand - Contract duration and specific investment: theory and empirical evidence
333 Marcoul, Philippe - A model of consultancy
64 Pérez-Castrillo, David; Riedinger, Nicolas - Auditing cost overrun claims

Session G12 - Room 31 - Banking II

96 Catalao Lopes, Margarida - Strategic default, credit access, and the optimal level of competition in banking
29 Hoppe, Heidrun C.; Lehmann-Grube, Ulrich - Spatial competition in credit markets
125 Shy, Oz; Stenbaka, Rune - Market structure and risk taking in the banking industry

PARALLEL SESSIONS Tuesday  11:00 12:30

Session H1 - Room 1 - IO and Public Economics

89 Ilmakunnas, Pekka; Kanniainen, Vesa; Lammi, Uki - Entrepreneurship, economic risks, and risk-insurance in the welfare state
208 Piga, Claudio A.G. - Pigouvian taxation and sustainable development in tourism
139 Neven, Damien J.; Röller, Lars-Hendrik; Zhang, Zhentang - The provision of public goods and the soft budget constraints

Session H2 - Room 2 - R&D V

14 Martin, Stephen - Spillovers, appropriability and R&D
175 Grishagin, Vladimiro A.; Sergeyev, Yaroslav D.; Silipo, Damiano B. - Firms' R&D decisions under incomplete information
352 Van Cayseele, Patrick J.G. - Preemptive search and R&D clustering: comment

Session H3 - Room 3 - Productivity

52 Liu, Xiaming; Parker, David; Vaidya, Kirit; Wei, Y. - The impact of foreign direct investment on labour productivity in the Chinese electronics industry
307 Saal, David S. - A reassessment of the impact of defense procurement on manufacturing productivity growth
187 Lotti, Francesca; Santarelli, Enrico - R&D, embodied technological change, producers-users interaction, and productivity at the firm level: a Germany-Italy comparison

Session H4 - Room 4 - Environmental Economics

161 Lombardini-Riipinen, Chiara - Environmental quality and taxation in vertically differentiated oligopolies
177 Fung, K.C.; Maechler, Andréa M. - Can a cleaner environment be good for business?
124 Ibanez, Lisette - Competition in environmental labeling

Session H5 - Room 5 - Innovation VI

110 Bucci, Alberto - Market power and growth in a Schumpeterian framework of innovation
263 Wölfl, Anita - Absorbing external knowledge for innovation success - does the recipe work?
368 Siler, Pamela; Wang, Chengqi; Liu, Xiaming - Manufacturing technology transfer within multinational enterprises: panel data evidence from US subsidiaries in Scotland

Session H6 - Room 6 - Firm Structure, Ownership and Performance II

259 Dilling-Hansen, Mogens; Eriksson, Tor; Madsen, Erik Stojer; Smith, Valdemar - The influence of competition and ownership structure on the performance of Danish manufacturing firms
26 Weigand, Jürgen; Lehmann, Erik - Does the governed corporation perform better? Governance structures and the market for corporate control in Germany
78 Brunello, Giorgio; Graziano, Clara; Parigi, Bruno - Ownership or performance: what determines board of directors' turnover in Italy?
160 Bortolotti, Bernardo; Fantini, Marcella; Siniscalco, Domenico;  - Privatisation, politics, institutions and financial markets

Session H7 - Room 7 - Regulation II

257 Acutt, Melinda; Elliott, Caroline - Regulation and contestability
80 Raess, Pascal; von Ungern-Sternberg, Thomas - A model of regulation in the housing market
300 Sällström, Susanna - Designation regulation and perceived quality differences

Session H8 - Room 12 - Networks III

47 Barla, Philippe; Constantatos, Christos - Demand uncertainty and airline network morphology with strategic interactions: to hub or not to hub?
32 Buccirossi, Paolo - Access to an essential facility: efficient component pricing rule or unrestricted private property rights?
40 Knieps, Günter - Access to networks and interconnection: a disaggregated approach

Session H9 - Room 13 - Product Differentiation III

174 Ecchia, Giulio; Lambertini, Luca - Endogenous timing and quality standards in a vertically differentiated duopoly
13 Casado, F. Javier - Location decisions: the role of uncertainty about consumer tastes
152 Filippini, Luigi - Leapfrogging in a model of vertical differentiation

Session H10 - Room 14 - Research Joint Ventures II

376 Veugelers, Reinhilde; De Backer, Koen - Access to external knowledge: an empirical analysis of alliances as spillover channel
261 von Graevenitz, Georg - How product market competition affects research joint ventures. A welfare analysis
215 Hernán, Roberto; Marín, Pedro L.; Siotis, Georges - Why do firms form research joint ventures? An empirical evalutation

Session H11 - Room 30 - Economics of Health

274 Barros, Pedro Pita; Olivella, Pau - Patient selection for private treatment under public health service waiting lists
147 Garcia Marińoso, Begońa; Jelovac, Izabela - GPs' payment contracts and their referral policy
331 Dietrich, Vera - Liberalization of health services in Europe: who benefits from cross-border care?

Session H12 - Room 31 - Auctions

97 Barut, Yasar; Kovenock, Dan; Noussair, Charles - A comparison of multiple-unit all-pay and winner-pay auctions under incomplete information
41 Persson, Lars - The auctioning of a failing firm
88 Perry, Martin K.; Sákovics, József - Split-award second-sourcing and the competition among input suppliers

PLENARY SESSION Tuesday 14:00-15:00

Aula Magna, Faculty of Economics

Ronald Braeutigam, Northwestern University
"Incentive Regulation: Expectations and Experience"

last updated: August 26, 1999
designed and maintained by Anna Perin Ceris-CNR