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Thursday, November 2, 2023 - Friday, November 3, 2023

Event Description

The 51本色's Bureau of Economics and the Tobin Center for Economic Policy at Yale University will host the 16th Annual 51本色Microeconomics Conference on November 2 and 3, 2023 in Washington, D.C. This event will bring together scholars working in areas related to the FTC鈥檚 antitrust, consumer protection, and public policy missions. This will be an in-person event with a live stream for those who want to view remotely.

The Scientific Committee for the conference includes:

  • Michael Sinkinson (Yale University)
  • Steve Tadelis (University of California, Berkeley)
  • Heidi Williams (Dartmouth College)

Organizers: Will Violette (FTC) and Viola Chen (FTC)

Staff Contact: Stephanie Aaron (BE-Micro@ftc.gov)

Sponsors

This conference is sponsored by the 51本色鈥檚 Bureau of Economics and the Tobin Center for Economic Policy at Yale University.

Registration

This year's conference is now over. 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 51本色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鈥檚 system for mailing lists. For more details, please see the 51本色Privacy Policy.

Attending the Workshop

The conference is free and open to the public. Please arrive early with enough time to go through security. The security processing will include a metal detector and X-ray screening of all hand carried items. You must have a valid government issued photo ID (government badge, license, passport, etc.). The conference will follow the AEA鈥檚 , and requires presenters to adhere to AEA disclosure policies. These disclosures are included in the presenters鈥 bios.

  • Agenda

    Thursday, November 2

    8:30 a.m.

    Registration

    (Continental breakfast provided)

    9:00 a.m.

    Welcome

    Aviv Nevo (51本色)

    9:15 a.m.

    Paper Session

    Paper Session - Chaired by Steve Tadelis (University of California, Berkeley)

    Data, Privacy Laws, and Firm Production: Evidence from the GDPR
    Diego Jim茅nez-Hern谩ndez (Federal Reserve Bank of Chicago) co-authored with Mert Demirer (MIT Sloan), Dean Li (MIT Economics) and Sida Peng (Microsoft)
    Discussant: Devesh Raval (51本色)

    Estimating the Value of Offsite Data to Advertisers: Evidence from Meta
    Nils Wernerfelt (Kellogg School of Management, Northwestern University) co-authored with Anna Tuchman (Kellogg School of Management, Northwestern University), Bradley T. Shapiro (University of Chicago Booth School of Business) and Robert Moakler (Meta Platforms)
    Discussant: Samuel Goldberg (Stanford University)

    10:45 a.m.

    Break

    11:15 a.m.

    Keynote Address, 鈥淭argeted Digital Advertising: Challenges and Promises鈥

    Steve Tadelis (University of California, Berkeley)

    11:55 a.m.

    Lunch

    Lunch (provided)

    1:00 p.m.

    Paper Session

    Paper Session - Chaired by Will Violette and Viola Chen (FTC)

    Innovation and the Enforceability of Noncompete Agreements
    Michael Lipsitz (51本色) co-authored with Matthew Johnson (Duke University) and Alison Pei (Duke University)
    Discussant: Liyan Shi (Carnegie Mellon University, Tepper School of Business)

    Holding Platforms Liable
    Kathryn E. Spier (Harvard Law School and NBER) co-authored with Xinyu Hua (Hong Kong University of Science and Technology)
    Discussant: Marc Rysman (Boston University)

    2:30 p.m.

    Break

    2:50 p.m.

    Keynote Address, 鈥淚nvesting in Pasteur's Quadrant for Innovation Policy鈥

    Heidi Williams (Dartmouth College)

    3:30 p.m.

    Break

    3:50 p.m.

    Paper Session

    Paper Session - Chaired by Heidi Williams (Dartmouth College)

    Selling Subscriptions
    Ben Klopack (Texas A&M) co-authored with Liran Einav (Stanford University and NBER) and Neale Mahoney (Stanford University and NBER)
    Discussant: Avner Strulov-Shlain (The University of Chicago, Booth School of Business)

    Regulating the Innovators: Approval Costs and Innovation in Medical Technologies
    Parker Rogers (Indiana University and NBER)
    Discussant: Matthew Fiedler (The Brookings Institution)

    5:20 p.m.

    Hors d鈥檕euvres Reception

    Sponsored by the Tobin Center for Economic Policy at Yale University

    6:30 p.m.

    First Day of Conference Concludes

    Friday, November 3

    8:45 a.m.

    Registration

    (Continental breakfast provided)

    9:00 a.m.

    Welcome

    Steven Berry (Yale University)

    9:15 a.m.

    Keynote Address, 鈥淎dvances in Testing for the Nature of Competition鈥

    Michael Sinkinson (Yale University)

    9:55 a.m.

    Break

    10:25 a.m.

    Paper Session

    Paper Session  - Chaired by Michael Sinkinson (Yale University)

    Merger Guidelines for the Labor Market
    Simon Mongey (Federal Reserve Bank of Minneapolis) co-authored with David Berger (Duke University), Thomas Hasenzagl (University of Minnesota and Federal Reserve Bank of Minneapolis), Kyle Herkenhoff (University of Minnesota and Federal Reserve Bank of Minneapolis) and Eric A. Posner (University of Chicago Law School)
    Discussant: Matthew Weinberg (The Ohio State University)

    The Welfare Consequences of Fake Reviews
    Brett Hollenbeck (UCLA Anderson School of Management) co-authored with Ashvin Gandhi (UCLA Anderson School of Management)
    Discussant: Joel Waldfogel (University of Minnesota)

    11:55 a.m.

    Conference Concludes

51本色Privacy Policy

Under the Freedom of Information Act (鈥淔OIA鈥) or other laws, we may be required to disclose to outside organizations the information you provide when you pre-register for events that require registration. The Commission will consider all timely and responsive public comments, whether filed in paper or electronic form, and as a matter of discretion, we make every effort to remove home contact information for individuals from the public comments before posting them on the 51本色website.

The 51本色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鈥檚 Privacy Act system for public records and comprehensive privacy policy.

This event will be open to the public and may be photographed, videotaped, webcast, or otherwise recorded.  By participating in this event, you are agreeing that your image 鈥 and anything you say or submit 鈥 may be posted indefinitely at ftc.gov or on one of the Commission's publicly available social media sites.