program of parallel sessions 1/24 - up · program of parallel sessions 1/24 ... program of parallel...

Program of Parallel Sessions 1/24

Parallel sessions I - Friday - 09:00/10:30

A-Finance I Room 111 Elisabeth

Mueller How does owner´s exposure

to idiosyncratic risk influence the capital structure of private

companies?

Gerard Llobet and Javier

Suarez

Financing and the protection of innovators

Katerina Goldfain and Eugen Kovač

Financing of competing projects with venture capital

Arthur Fishman Financial intermediaries as

facilitators of reputation

formation in credit markets

B-Innovation Room 113 Maria Pluvia

Zuniga and Gautier Duflos

On the effects of market incumbency on innovative

behaviour in the pharmaceutical industry

Diana H. A.Tsai and K.Y.Jang

Empirical examination of the

Ex ante and Ex post determinants of the

ICT adoption

Paola Giuri, Matteo Ploner,

Francesco Rullani and Salvatore

Torrisi

Skills and openness of OSS projects:

implications for performance

Lars Wiethaus Preemptive absortive

capacity, the persistence of monopoly and

the copycat effect

C-Information and Product Quality Room 115 Jonas

Häckner and Astri Muren

Trademark protection and product differentiation

Michelle Sovinsky Goeree

Was Mr. Hewlett right? Mergers,

advertising and the PC industry

Jay Pil Choi, Eirik Gaard Kristiansen

and Jae Nahm

Vaporware Eve Vanhaecht Endogenous switching costs

and competition between

institutes of higher education

D-Multinationals & FDI I Room 118 Rosa Forte

and António Brandão

Effects of adverse selection on multinational firm´s

decision where to subcontract

Carlo Altomonte and Enrico Pennings

Domestic plant productivity and

marginal spillovers from foreign direct

investment

Jie Ma Politics of competition for foreign direct

investment: a simple theory

René Belderbos, Kyoji Fukao and Tomoko Iwasa

Domestic and foreign R&D investment:

evidence from japonese

multinationals


E-Labour - Empirical Studies Room 135 Bernd Görzig,

Martin Gornig and

Axel Werwatz

Wage differentiation in East Germany: Non-Parametric

Analysis of the Wage Spread between Firms

Nicole Guertzgen

Rent-sharing: does the bargaining regime make a

difference? Theory and empirical

evidence

Kristiina Huttunen

The effect of foreign acquisition on

employment and wages: evidence from

Finnish establishments

David Marmet Employment growth of new firms. Which

factors influence post-entry

performance? An empirical

analysis based on Swiss firm data

F-Entry I Room 141 Andrea

Bonaccorsi, Cristina Rossi

and Silvia Giannangeli

Entry strategies under dominant standards. Hybrid business models in the Open

Source software industry

Francisco Ruiz-Aliseda

The strategic role of asset specificity in shaping industry

structure

Michele Moretto and Gianpaolo

Rossini

Start-up entry strategies: employer

vs nonemployer firms

Christian Caravaglia

Transitional dynamics of

entry in presence of technological

knowledge chance

G-Regulation I Room 211 Henk Kox and

Arjan Lejour Regulatory heterogeneity as

obstacle for international services trade

Luigi Benfratello,

Alberto Iozzi and Paola Valbonesi

Privatisation, regulation and

productivity in the Italian motorway

industry

Ari Hyytinen and Otto Toivanen

Designing Markets Achim I. Czerny Price-cap regulation of

airports: single-till versus dual-

till

H-Advertising I Room 213 Maarten C.

W. Janssen and Marielle

C. Non

Advertising and consumer search in a duopoly model

Ingrid Königbauer

Advertising and generic market entry

C. Robert Clark

Advertising restrictions and

competition in the children´s breakfast

cereal industry

Toker Doganoglu and Daniel Klapper

Goodwill and dynamic

advertising strategies


I-Price regulation & Telecommunications Room 215 Pio Baake

and Kay Mitusch

Mobile phone termination charges with asymmetric

regulation

Ralf Dewenter and Justus

Haucap

The effects of regulating mobile

termination rates for asymmetric

networks

Carlo Cambini and Tommaso

Valletti

Information exchange and competition in

communications networks

Philippe Gagnepain and Pedro Pereira

Entry, costs reduction and competition in the Portuguese

mobile telephony industry

J-Pricing I Room 218 Christos

Cabolis, Sofronis Clerides, Ioannis

Ioannou and Daniel Senft

A textbook example of international price

discrimination

Sílvia Ferreira Jorge and Cesaltina

Pacheco Pires

Delivered versus mill nonlinear pricing in free entry markets

Céline Bonnet, Pierre Dubois

and Michel Simioni

Two-part tariffs versus linear pricing

between manufacturers and retailers: empirical

tests on diferentiated products markets

Tim Hazledine Oligopoly and price

discrimination: theory and

application to airline pricing

K-Agency Problems and Contracts Room 256 Marco A.

Haan, Bart Los and

Yohanes E. Riyanto

Choosing whether to observe: the strategic

benefits of a principal's inability to monitor the agent's project choice

Mikhail Drugov

Contracts with informational externalities

Simona Fabrizi and

Steffen Lippert

How much efficiency gains and price

reductions to put as ingredients into an efficiency defense? "Quanto basta?"

Rohan Pitchford and Christopher

M. Snyder

The identity of the generator in the problem of

social cost

L-Econometric Issues I Room 257 Szabolcs

Lőrincz Persistence effects in a

dynamic discrete choice model. Application to low-

end computer servers

Marc Ivaldi and Szabolcs

Lőrincz

A full equilibrium relevant market test:

application to computer servers

Jesus Crespo Cuaresma and

Adelina Gschwandtner

The competitive environment

hypothesis revisited: nonlinearity,

nonstationarity and profit persistence

Jordi Jaumandreu and Jacques

Mairesse

Using price and demand

information to identify

production functions


M-Media I Room 258 Simon P.

Anderson and John

McLaren

Media mergers and media bias

Marcel Canoy and Richard

Nahuis

How do you prefer your sandwich? Public service

broadcasting and the quality of the news

Hans Jarle Kind, Tore Nilssen and

Lars Sørgard

Financing of media firms: does

competition matter?

Martin Peitz and Tommaso M.

Valletti

Content and advertising in the

media: pay-tv versus free-to-air

N-Growth Room 260 Ellen

Vanassche The impact of international

financial integration on industry growth

Ulrich Thiessen and Paul Gregory

Modelling the structural change of transition countries

Karen Pittel, Jean-Pierre

Amigues and Thomas Kuhn

Endogenous growth and recycling: a material balance

approach

Blandina Oliveira and

Adelino Fortunato

Firm growth and liquidity

constraints: a dynamic analysis

Parallel sessions II - Friday - 11:00/12:30

A-Finance II Room 111 Dirk

Czarnitzki and Kornelius

Kraft

Capital control, debt financing and innovative

activity

Dirk Engel and Diana

Heger

Return-orientation of venture capital companies and its

importance for venture-backed firm performance in the

early stage: empirical evidence

for Germany

Fabio Bertoni and Luca

Grilli

The causality relationship between

external private equity financing and

the growth of new technology-based

firms

B-Innovation/R&D Room 113 Gianluca

Femminis and Gianmaria

Martini

Does it pay to innovate first? A dynamic duopoly with

R&D spillovers

Juan A. Máñez-

Castillejo, María E. Rochina-

Barrachina, Amparo

Sanchis-Llopis and Juan A.

Sanchis-Llopis

Why do some fims persistently perform

R&D activities?

Marc Escrihuela-

Villar

Innovation and market concentration

with asymmetric firms

Alberto López Estimation of a production

function considering the

possibility of production

subcontracting


C-Technology I Room 115 Thomas

Åstebro, Massimo G.

Colombo and Raffaello Seri

The diffusion of complementary technologies:

an empirical test

Ingrid Henriksen and Morten Hviid

Diffusion of new technology and

complementary best practice: a case study

Massimo G. Colombo and

Luca Grilli

What makes a "gazelle" in high-tech

sectors? A study on founders´human

capital and access to external financing

Ari Hyytinen and Otto Toivanen

Income inequality and

technology diffusion

D-Multinationals & FDI II Room 118 Rossitsa

Kotseva and Nikolaos Vettas

Foreing direct investment and exports dynamics with

learning about demand

Fabrice Defever

Functional specialisation and

the location of multinational firms

in the enlarged Europe

Sotiris K. Papaioannou

FDI and ICT innovation effects on productivity growth:

a comparison between developing

and developed countries

Jaime F. Campos

Choice of product quality

by domestic firms under the

presence of multinational corporations

E-Labour I Room 135 Sander

Onderstal Bidding for the unemployed: an application of mechanism

design to welfare-to-work programs

Elena Cefis and Roberto

Gabriele

Does disaggregation matter in job creation and

destruction flows?

Michaela Niefert

The impact of self-employment

experience on wages and the risk of unemployment

Ana Mauleon and Vincent

Vannetelbosch

Market integration and strike activity

F-Entry II Room 141 Ralitza

Nikolaeva Factors influencing the

timing of entry to the online channel of traditional

retailers: the case of density dependence

Lander Beloqui and

José M. Usategui

Vertical differentiation and entry deterrence: a

reconsideration

Eugen Kováč Tying and entry deterrence in

vertically differentiated

markets

Sven-Olov Daunfeldt,

Matilda Orth and Niklas Rudholm

Entry into local retail food markets in

Sweden: a real options approach


G-Regulation II Room 211 Adriana

Hernandez Perez

Railway´s regulatory reform: assessing its impact on the

safety of services

Mario Pagliero

What is the objective of professional

licensing? Evidence from the US market

for lawyers

Giacomo Calzolari and Carlo Scarpa

Regulating a multiutility firm with scope economies: "all

that glitters is not gold"

John Kwoka The role of competition in

natural monopoly: costs,

public ownership, and

regulation

H-Advertising II Room 213 Alicia Barroso Advertising and consumer

choice: a model for Spanish automobile industry of the

90´s

Francesca Barigozzi, Paolo G.

Garella and Martin Peitz

Advertising and prices as signals of quality: competing against a renown

brand

Leonard I. Nakamura

Advertising, intangible assets, and

unpriced entertainment

Simon P. Anderson and Régis Renault

Negative advertising a new

product!

I-Telecommunications Room 215 Carlo

Capuano (Static) Non cooperative foreclosing or collusive

equilibria in the upstream roaming market are

sustainable even if there exist more incumbents: a model

on the MVNOs entry

Roberto Burguet

License allocation and performance in telecommunications

markets

Jordi Gual and Francesc Trillas

Telecommunications policies:

measurement and determinants

J-Pricing II Room 218 Doh-Shin

Jeon A simple access pricing rule

to achieve the Ramsey outcome in two-way access

Jean-Luc Netzer and

Jacques Thépot

Full cost pricing and market stucture

Babu Nahata, Serguei

Kokovin and Evgeny

Zhelobodko

Conditions for efficiency in package

pricing

Natalia Fabra Dynamic price competition with

consumer switching costs in vertically related

markets


K-Information, Incentives & Contracts Room 256 Ricardo

Gonçalves and António Gomes

Maintenance incentives in highway concession contracts

Marcelo Rezende

Reputation and manufacturing

flexibility

Michael Higl and Peter

Welzel

Intra-firm coordination and horizontal merger

Winand Emons and Nuno Garoupa

The economics of US-style

contigent fees and UK-style

conditional fees.

L-Econometric Issues II Room 257 Andrew

Ching, Mengzi Shi and Yupin

Yang

The impact of consumers´experimentation

behaviors on the firm´s optimal mailing policy

Fei Deng Measuring the substitution effects of sales promotions in supermarkets: an

analysis based on a dynamic model of

differentiated products

Graziano Abrate

Demand responsiveness under time-of-use pricing:

an application to Italian industrial

customers

Francesca Lotti Age, size and growth in services: a

broken mirror?

M-Media II Room 258 Ingo

Kohlschein Economic distortions caused

by public funding of broadcasting in Europe

Tobias Regner and Javier A.

Barria

Magnatune: variable pricing for music

David Bounie, Marc

Bourreau and Patrick

Waelbroeck

Pirates or explorers? Analysis of music consumption in

French graduate schools

N-Productivity & Growth Room 260 James H.

Love and Stephen Roper

Innovation, productivity and growth: an analysis of Irish

panel data

Jens J. Krüger Productivity dynamics and

structural change in the U.S.

manufacturing sector

Helmut Fryges Productivity, growth, and

internationalisation: the case of German

and British high techs

Rachel Griffith, Elena Huergo,

Jacques Mairesse and Bettina Peters

Innovation and productivity across four European countries


Parallel sessions III - Friday - 16:00/17:30

A-Governance & Financial Strategies Room 111 María Paz

Coscollá and Luis M. Granero

Profitable weak governance in retail banking

Linda A. Toolsema

Having more potential raiders

weakens the takeover threat

Klaus Gugler, Dennis C.

Mueller and B. Burcin

Yurtoglu

Corporate governance and the

determinants of investment

B-R&D - Empirical Evidence Room 113 Kris Aerts

and Dirk Czarnitzki

Using innovation survey data to evaluate R&D policy: the

case of Flanders

Wen-Cheng Lu, Jong-

Rong Chen and Chia-Ling

Wang

R&D, spatial spillovers and

productivity growth: evidence from dynamic panel

Mark Rogers R&D and productivity in the UK: evidence from

firm-level data in the 1990s

Alberto López Determinants for R&D

cooperation: evidence from

Spanish manufacturing

firms C-Technology II Room

115 Jonathan Beck, Michal Grajek and

Christian Wey

The diffusion of barcode scanning in European

retailing

Mariacristina Piva, Enrico

Santarelli and Marco

Vivarelli

Technological and organizational

changes as determinants of the skill bias: evidence

from the Italian machinery industry

Philipp Schmidt-Dengler

The timing of a new technology adoption:

the case of MRI

D-Multiproduct and Multimarket Firms Room 118 Ulrich

Doraszelski and Michaela

Draganska

Market segmentation strategies of multiproduct

firms

Giulio Bottazzi and

Angelo Secchi

An empirically based model of firm diversification

Annalisa Luporini

Relative performance evaluation in a multi-

plant firm

Rafael Moner-Colonques and

José J. Sempere-Monerris

Multiproduct firm competition under horizontal

and vertical differentiation


E-Labour II Room 135 Yannis M.

Ioannides and Adriaan R. Soetevent

Employment in a social network with arbitrary

degree distribution

Anja Kuckulenz

and Thomas Zwick

The impact of training on earnings- differences between participant groups

Eduardo Melero Martin

Why do firms sponsor education?

An analysis based on labour market

competition

F-Entry & Exit Decisions Room 141 Laura Vartia Establishing and closing

down plants - assessing the effects of firms' financial

status

Roberto Fontana and Lionel Nesta

Product entry in a fast growing

industry: the LAN switch market

Gianni Amisano and Maria Letizia

Giorgetti

The dynamics of firms' entry and diversification: a

Bayesian panel probit approach. A cross-

country analysis

António Marques and

António Brandão

Exit decision under input cost

and revenue uncertainty

G-Regulation III Room 211 Giovanni

Fraquelli and Valentina

Moiso

Cost efficiency and scale economies in the Italian

water industry

Patrick J. G. Van Cayseele

Complemantary platforms: the

provision of custody for internationally

diversified investors

Richard Nahuis, and

Joëlle Noailly

Competition and quality in the notary

profession

Gianni De Fraja and Alberto

Iozzi

Bigger and better: A dynamic

regulatory mechanism for

optimum quality

H-Consumer Economics Room 213 Chris M.

Wilson and Catherine Waddams

Price

Consumer switching errors: when more firms may mean

less benefit

Luiz Rangel Should I stay or should I go?: The determinants of

consumer´s decision to switch suppliers

Matthijs R. Wildenbeest,

José Luis Moranga-

González and Zsolt Sándor

Maximum likelihood estimation of a

consumer search model

Bart J. Bronnenberg,

Sanjay K. Dhar and Jean-Pierre

Dubé

Endogenous sunk costs and the geographic distribution of

brand shares in consumer

package goods industries


I-Air Transportation Room 215 Alessandro V.

M. Oliveira The impacts of liberalization

on competition on an air shuttle market

Alessandro Gavazza

Leasing and secondary markets: theory and evidence

from commercial aircraft

Enrico Bachis and Claudio

Piga

Do prices grow more in Euro-land?

Evidence from the airline industry

Federico Ciliberto

Sequential entry and strategic

deterrrence in the airline industry

J-Market Structure Room 218 Marcella

Scrimitore Exogenous and endogenous set-up costs in markets with

customized products

Jeroen Hinloopen

The creation of Stackelberg

leadership through product bundling

Raquel Lago González and Vicente Salas

Fumás

Market power and bank interest rate

adjustments

Robert F. Owen Sunk costs, "News" and

economic methodology

K-Firm Strategies Room 256 Kay Mitusch

and Andreas Brenck

Innovation and entry deterrence in an

open access network

Manuel García Goñi

Risk sharing and risk adjustment strategies

to deal with health plan selection and

efficiency

Anette Boom "Download for free" - when do

providers of digital goods

offer free samples?

L-Non-profit Organizations Room 257 Celestine

Chukumba and Richard

Jensen

University invention, entrepreneurship, and start-

ups

Susanne Warning and Peter Welzel

A note on grade inflation and

university competition

Massimo G. Colombo and

Evila Piva

Are academic start-ups different? A

matched pair analysis

Nicola Lacetera Different missions and commitment

power: an institutional view

of Industry -University relations

M-Location I Room 258 Emanuele

Bacchiega and Antonio Minniti

Location in a vertically differentiated industry

Georg Götz Location, technology and competitive

strategy

Nicholas Economides, Jamie Howell

and Sergio Meza

Does it pay to be the first? Sequential

locational choice and foreclosure


N-Firm Productivity Room 260 Mariyan

Rizov and Patrick Paul

Walsh

Firm level productivity and international trade: evidence

from the structural estimation of production

functions within UK manufacturing industries

Michele Cincera and

Patrick Waelbroeck

Product market competition and R&D intensity: Evidence from

Belgian firm-level data

Elina Berghäll Productivity in Finnish ICT firms during the 1990´s

Susana Iranzo, Fabiano

Schivardi and Elisa Tosetti

Skill dispersion and productivity: an analysis with

matched data

Parallel sessions IV - Saturday - 09:00/10:30

A-Managerial Incentives Room 111 Stefan Beiner,

Markus Schmid and

Gabrielle Wanzenried

Product market competition, managerial incentives and

firm valuation

Florian Englmaier

A strategic rationale for having

overconfident managers

M. Pilar Socorro

Mergers and the limited liability effect

Kerstin Puschke The allocation of authority under limited liability

B-R&D I Room 113 Gamal

Atallah Conditional R&D subsidies Rahel Falk Behavioural

additionality effects of R&D- subsidies: empirical evidence

from Austria

Karl Aiginger and Martin

Falk

The dynamics of R&D investment in

OECD countries

C-Innovation & Technological Issues Room 115 Wladimir

Raymond, Pierre

Mohnen, Franz Palm

and Sybrand Schim van der

Loeff

The dynamics of the innovation process in Dutch manufacturing: a panel data

analysis

Stefan Lachenmaier

and Horst Rottmann

The effect of innovation on

employment: a panel analysis

Margrethe Aanesen, Rune Logstein and Ola Flaaten

Learning and spillovers in a mature industry under rapid external technological progress: the case of

the Norwegian frozen prawns industry

Elena Cefis, Stephanie

Rosenkranz and Utz Weitzel

Effects of acquisitions on

product and process

innovation and R&D

performance


D-Competition Issues I Room 118 Maria Jose

Gil Molto and Joanna Poyago-

Theotoky

Flexible vs Dedicate technologies in a mixed

duopoly

Marco A. Haan

The competitive effects of consumer

boycotts

Kristina Nyström

Interdependencies in the dynamics of firm

entry and exit

Arijit Mukherjee

Commitment and excess capacity: a

new look with licensing

E-Organization & Business Strategy I Room 135 Werner Bönte

and Lars Wiethaus

Knowledge disclosure among vertically related firms -

when it (not) occurs

Helena Holopainen

Monitoring ability, allocation of

authority, and choice of business strategy

Cristina Rossi and Andrea Bonaccorsi

Intrinsic motivations and profit-oriented

firms in Open Source software. Do firms practise what they

preach?

David Besanko, Ulrich

Doraszelski, Yaroslav

Kryukov and Marc

Satterthwaite

Learning-by-doing,

organizational forgetting, and

industry dynamics

F-Vertical Relations I Room 141 Fabian

Bergès-Sennou and

Claire Chambolle

The role of an inefficient producer in retailer´s buying

power

Stefan Buehler and

Armin Schmutzler

Intimidating competitors -

asymmetric vertical integration and

downstream investment in

oligopoly

Masayoshi Maruyama

and Kazumitsu Minamikawa

Vertical integration, bundling, and welfare

John Asker Diagnosing foreclosure due

to exclusive dealing

G-Antitrust Enforcement Room 211 Jeroen

Hinloopen and Adriaan R. Soetevent

An experimental investigation of the effects of

leniency programs for antitrust enforcement

Aldo Gonzalez Antitrust enforcement and the design of disclosure

rules. An application to merger control

Evgenia Motchenkova and Rob van

der Laan

Strictness of leniency programs and cartels of asymmetric firms

Vivek Ghosal The intertemporal path of U.S.

criminal antitrust

enforcement


H-Imperfect Competition I Room 213 Nikolaos

Georgantzís and Aurora

García-Gallego

Monopolistic product line competition with ex post consumer heterogeneity

Sergio Meza and Mihkel

Tombak

Firms are not all created equal:

location and price competition with cost

asymmetries

Timo Vesala Relationship lending and competition:

higher switching cost does not necessarily

imply greater relationship benefits

Krina Griva and Nikolaos Vettas

Price competition in a

differentiated products duopoly

under network effects

I-Utilities Room 215 Pablo

Arocena Scope, diversification and

scale economies in the electricity industry: a non-

parametric frontier approach

Joan Calzada Universal Service obligations in the

postal sector: endogenous quality

and coverage

Jürgen Apfelbeck,

Astrid Cullmann and Christian von Hirschhausen

Efficiency analysis of East european

electricity distribution utilities -

legacy of the past?

Raffaele Miniaci, Carlo

Scarpa and Paola Valbonesi

Restructuring Italian utility

markets: household

distributional effects

J-Collusion I Room 218 Heiko Gerlach Partial Communication and

Collusion with Demand Uncertainty

Yuanzhu Lu and Julian

Wright

Tacit collusion with price matching punishments

Eshien Chong and Fréddy

Huet

Yardstick competition,

franchise bidding and tacit collusion

K-Asymmetric Information I Room 256 Lilia Filipova

and Peter Welzel

Reducing asymmetric information in insurance markets: cars with black

boxes

Marc Bourreau and

Virginie Lethiais

Pricing information goods: free vs pay

content

Maxim Engers, Monica

Hartmann and Steven Stern

Automobile maintenance costs,

used cars and adverse selection

Paolo G. Garella and Emmanuel

Petrakis

Minimum quality standards and

consumers' information


L-Banking I Room 257 Karl-

Hermann Fisher and

Hannah Sabine

Hempell

Oligopoly and conduct in banking - an empirical

analysis

Thilo Pausch Credit risk, credit rationing, and the role of banks: the case of risk averse

lenders

José A. Novo Peteiro

Bank mergers and alliances in

differentiated markets

Dirk Engel and Torge

Middendorf

Firms´bank relationships and

cash-flow investment

sensitivities in Germany

M-Spillovers I Room 258 Shandre M.

Thangavelu and Sanja S. Pattnayak

Linkages, spillovers and foreign ownership: evidence

from the Indian pharmaceutical firms

Liza Jabbour and Jean

Louis Mucchielli

Foreign affiliates in the French

manufacturing industry: source or

recipient of technology spillovers?

Bernard Franck and Robert F.

Owen

Fundamental R&D spillovers and the

internationalization of a firm´s research

activities: an extension

René Belderbos, Elissavet

Lykogianni and Reinhilde Veugelers

Strategic R&D location by

multinational firms: spillovers,

technology sourcing and competition

N-Auctions I Room 260 René

Kirkegaard and Per Baltzer

Overgaard

Buy-out prices in auctions: seller competition and multi-

unit demand

Emiel Maasland and

Sander Onderstal

Auctions with financial

externalities

Sofia Lundberg

Auction formats and award rules in

Swedish procurement auctions

Gian Luigi Albano and Giancarlo Spagnolo

The collusive drawbacks of

sequential auctions

Parallel sessions V - Saturday - 11:00/12:30

A-Mergers I Room 111 Philippe Barla

and Christos Constantatos

On the choice between strategic alliance and merger in the airline sector: the role

of stategic effects

Christos D. Genakos

Differential merger effects: the case of

the personal computer industry

Michelle Haynes and

Steve Thompson

Mergers and market share: evidence from

the UK financial mutual sector

Marc Ivaldi and Jrissy Motis

Mergers as auctions


B-R&D II Room 113 John Beath,

Joanna Poyago-

Theotoky and David Ulph

University funding systems and their impact on research

and teaching: a general framework

Xulia González and Consuelo Pazó

Do public subsidies stimulate private R&D spending?

Pontus Braunerhjelm

New universities, new industries and

regional performance

Dirk Czarnitzki and Georg Licht

Additionality of public R&D grants in a transition

economy: the case of Eastern

Germany C-Patents & Intellectual Property Rights Room

115 Alfonso Gambardella,

Dietmar Harhoff and

Bart Verspagen

The value of patents S. Breschi, F. Lissoni and F.

Montobbio

From publishing to patenting: how to

become an academic inventor?

Marc Baudry and Béatrice

Dumont

Patents renewals as options: some

implications for intellectual property

right policy

Katrin Cremers Determinants of patent litigation

in Germany

D-Competition Issues II Room 118 Roberto

Hernán and Praveen Kujal

Market access and minimum quality standards

Lorenzo Zirulia

R&D networks with heterogenous firms

C.Dembour and Xavier Y.

Wauthy

Tax competition in the presence of network effects

E-Organization & Business Strategy II Room 135 Francisco

Requena -Silvente and

James Walker

The impact of exchange rate fluctuations on profit

margins: the UK car market, 1971-2002

Kristien Coucke, Enrico

Pennings and Leo

Sleuwaegen

Employee lay-off under different

modes of downsizing:exit,

downscale or relocate

Thomas Hempell and

Thomas Zwick

Technological use, organizational flexibility and

innovation: evidence for Germany

Patrick Van Cayseele and Christophe

Wuyts

Cost efficiency in the European

securities settlement and

safekeeping industry

F-Vertical Relations II Room 141 Arijit

Mukherjee and Piercarlo

Zanchettin

Vertical integration and product innovation

Benaissa Chidmi,

Rigoberto A. Lopez and Ronald W.

Cotterill

Vertical relationship in the ready-to-eat cereal market in

Boston

Stéphane Lemarié

Vertical integration and the licensing of

innovation with fixed fees or royalties

Patrick Rey, Jeanine Thal and Thibaud

Vergé

Slotting allowances and

conditional payments


G-Antitrust Room 211 João Vieira-

Montez Increasing prices and delays: have coasian dynamics gone

crazy?

Cyril Hariton and Gwenaël

Piaser

Efficiency defense: possible mitigating

effects in presence of imperfect

redistribution tools

Cesar Alejandro Hernandez

Alva

Competing with your provider: an

economic analysis of mergers in the

natural gas power generation sectors

Gorm Andreas Grønnevet

Pr(Cartel in Norway)

H-Imperfect Competition II Room 213 Jon Thor

Sturluson Price duopoly in a default service market with search

and switching costs

Bertrand Villeneuve

and Yanhua Zhang

Asymmetric duopoly in a differential game

of capacity accumulation

Thomas Gehrig and

Rune Stenbacka

Two at the top: quality

differentiation in markets with

switching costs

Ville Aalto-Setälä

The impact of generic

substitution on price competition

I-Electricity Markets Room 215 Daniel A.

Benitez and Claude

Crampes

The regulation of the transmission operation and the effects on the wholesale

electricity market

Anna Creti and Federica

Manca

Mandatory electricity contracts

as competitive device

Massimiliano Piacenza and

Davide Vannoni

Vertical and horizontal economies in the electric utility

industry: an integrated approach

Frode Steen Do bottlenecks generate market

power? An empirical study

of the Norwegian electricity

market

J-Collusion II Room 218 Giacomo

Calzolari and Giancarlo Spagnolo

Reputation and collusion in procurement

Luca Colombo and Paola

Labrecciosa

Sustaining collusion under economic

integration

Helder Vasconcelos

Sustaining collusion in growing markets

K-Asymmetric Information II Room 256 Marcelo

D´Amato, Riccardo

Martina and Salvatore Piccolo

Competitive pressures and managerial incentives with

asymmetric information

Tuvana Pastine

Comparative statics in an informational

cascade model of investment

Jean-Marc Bourgeon and

Bénédicte Coestier

Quality provision in decentralized

markets

Manfredi M. A. La Manna

The surprising benefits of a

parallel universe


L-Banking II Room 257 Andrew

Cohen and Michael J.

Mazzeo

Investment strategies and market structure: an

empirical analysis of bank branching decisions

Kim Kaivanto Relationship finance, informational rent, and observational

indistinguishability from short-termism

Marcello Bofondi and Francesca

Lotti

Innovation in the retail banking

industry: credit scoring adoption and

consequences on credit availability

Gianfranco Atzeni and

Claudio Piga

R&D investment, credit rationing

and sample selection

M-Spillovers II Room 258 Thierry Lafay Preemption race and

information spillovers in a quantity competition model

Álvaro Escribano,

Andrea Fosfuri and

Josep A. Tribo

Managing knowledge spillovers: the

impact of absorptive capacity on innovation

performance

Elisabetta Ottoz

Technological spillover and time

distribution of licenses

Frédéric Deroian

Cost-reducing alliances and

local spillovers

N-Auctions II Room 260 Sander

Onderstal The optimality of ignoring

lobbyists Jennifer

Brown and John Morgan

How much is a dollar worth? Arbitrage on

eBay and Yahoo

Karine Brisset and Pierre-

Henri Morand

Multistage auction with endogenous

entry: a rational for B2B auction practices

Raphaële Préget and Patrick Waelbroeck

A Timber appraisal from French public

auctions: How to set the reserve

price when there are unsold lots?

Parallel sessions VI - Saturday - 16:00/17:30

A-Mergers II Room 111 Manel Antelo

and Lluís Bru The welfare effects of

upstream mergers in the presence of downstream

entry barriers

Andrei Medvedev

Structural remedies in merger regulation

in a Cournot framework

Christos Cabolis,

Constantine Manasakis and

Emmanuel Petrakis

Mergers, acquisitions and firms' R&D

incentives

Chrysovalantou Milliou and Emmanuel

Petrakis

Upstream horizontal mergers,

bargaining, and vertical contracts


B-R&D III Room 113 Boris Lokshin The productivity effects of

internal and external R&D: evidence from a dynamic

panel data model

Bettina Peters The relationship between product and process innovations

and firm performance:

microeconometric evidence

Wolfgang Sofka

Global idea sourcing, at home: an empirical investigation into the mechanisms behind the usage of foreign business sources of

innovations

Pilar Beneito Fecundity of in-house and

contracted R&D in terms of radical vs

incremental innovations

C-Patents Room 115 Cédric

Schneider Fences and competition in

patent races Amalia

Yiannaka and Murray Fulton

Getting away with robbery? Patenting behavior with the

threat of infringement

Kurt R. Brekke and Odd Rune Straume

Patents: incentives for R&D or marketing?

D-International Trade I Room 118 Julian Emami

Namini Heterogeneous firms and dynamic gains from trade

Carlo Altomonte and Italo

Colantone

Microfunding regional disparities

through productivity dynamics

Michal Grajek Diffusion of ISO 9000 Standards and

international trade

E-Organization & Business Strategy III Room 135 Hans Zenger Successive Monopolies with

Endogenous Quality Staffan

Ringbom Ranking of

costumers in advance bookings

Saradindu Bhaduri and

Hagen Worch

Education, Experience and the cognitive capacity of entrepreneurs: some econometric evidence

from the Indian pharmaceutical

industry

Hiroshi Ohashi How does cannibalization affect the timing of new product introductions? Evidence from US video games.


F-Two-sided Markets Room 141 Mats A.

Bergman Two-sided network effects, bank interchange fees, and the allocation of fixed costs

Elena Argentesi and

Lapo Filistrucchi

Estimating market power in a two-sided market: the case of

newspapers

Jean J. Gabszewicz

and Xavier Y. Wauthy

Two-sided markets and price competition

with multi-homing

G-Competition and Regulation Room 211 Giorgio

Matteucci and Pierfrancesco

Reverberi

Regulatory commitment and international arbitrage

Keiichi Hori and Keizo

Mizuno

Promoting competition with

open access under uncertainty

Øystein Foros, Hans Jarle

Kind and Lars Sørgard

Managerial incentives and access

price regulation

Cécile Aubert and Jérôme

Pouyet

Incomplete regulation,

market competition ,and

collusion

H-Imperfect Competition III Room 213 Daniel

Cerquera Durable goods, innovation and network externalities

Derek W. Bunn and Augusto Rupérez Micola

Two markets and a weak link

Javier Gil-Bazo and

Pablo Ruiz-Verdú

When cheaper is better: fee

determination in the market for equity

mutual funds

Peter Møllgaard Competitive effects of state

aid in oligopoly

I-Energy Markets & Social Costs Room 215

Katrin Millock and

Céline Nauges

Energy price uncertainty and firm abatement investment

choice

Eirik S. Amundsen

and Gjermund

Nese

Market power in interactive

environmental and energy markets: the

case of Green Certificates

F. Gasmi, J.J. Laffont and J.

D. Oviedo

Controlling regional monopolies in the

natural gas industry - the complete

information case

J-Competition I Room 218 Paul W.

Dobson and Michael

Waterson

Price flexing and chain-store competition

Bernd Ebersberger

Does public R&D funding distort competition?

Helge Sanner Bertrand competition can yield higher

prices than monopoly

Steffen H. Hoernig

Bertrand equilibria and sharing rules


K-Experimental Economics Room 256 Daniela

Grieco and Robin M. Hogarth

Excess entry, ambiguity seeking, and competence: an experimental investigation

Enrique Fatás and Tibor

Neugebauer

Competition between teams vs. within a

team in team production

Mathias Drehmann,

Jörg Oechssler and Andreas

Roider

Herding with and without payoff

externalities - an internet experiment

Monika Friedrich-Nishio

Impact of behavioural factors on innovation

performance. An evolutionary

simulation model

L-Banking III Room 257 Yoonhee Tina

Chang Collective relationship

banking: private informations & monitoring

Luca Casolaro,

Dario Focarelli and

Alberto Franco Pozzolo

The pricing effect of certification on bank loans: evidence from the syndicated credit

market

Luca Colombo and Gilberto

Turati

Banking industry consolidation and macroeconomic

differences

Thomas Harr and Thomas

Rønde

Branch or subsidiary?

Capital regulation of multinational

banks

M-Location II Room 258 Ben Ferrett Entry, location and R&D

decisions in an international oligopoly

Fazia Pusterla and Laura

Resmini

Where do foreign firms locate in

transition countries? An empirical investigation

Franco Mariuzzo,

Patrick Paul Walsh and

Ciara Whelan

Embedding consumer taste for location into a structural model of

equilibrium

Néstor Duch The empirics of spatial

competition: evidence from

European regions

N-Productivity Issues Room 260 Thomas Fuchs

and Oliver Röhn

Leaders and laggards of German productivity growth

from 1970-2001: Did globalization change the

picture?

Can Huang Globalization and industry dynamics: a case of Guang Dong province and Hong

Kong, SAR in Southern China

John Thanassoulis

List prices, bargaining and

resultant productivity diffusion delay

David S. Saal and Scott Reid

Estimating Opex productivity

growth in English and

Welsh water and sewerage

companies: 1993-2003


Parallel sessions VII - Sunday - 09:00/10:30

A-Ownership Structure Room 111 Nigel

Driffield, Vidya

Mahambare and Sarmistha

Pal

How ownership structure affects capital structure and firm performance? Recent

evidence from East Asia

Bernd Ebersberger

and Hans Lööf

Innovation behaviour and productivity

performance in the Nordic Region. Does foreign ownership

matter?

B. Burcin Yurtoglu and Alfred Haid

Ownership structure and executive

compensation- the case of Germany

B-State Aid & Innovation Room 113 Juha

Kilponen and Torsten

Santavirta

On the relationship between product market competition,

innovations and R&D subsidies in Finland

Dirk Czarnitzki and Katrin Hussinger

The link between R&D subsidies, R&D

spending and technological performance

Tuomas Takalo, Tanja Tanayama and Otto Toivanen

Selection or self-rejection?

Applications into a treatment program:

the case of R&D subsidies

Hans Lööf and Almas Heshmati

The impact of public funding

on private R&D investment: new evidence from a

firm level innovation study

C-Licensing Room 115 Tetsuya

Shinkai, Satoru

Tanaka and Makoto

Okamura

Licensing and R&D investment of duopolistic

firms with partially complementary technologies

Yoshihito Yasaki

Licensing of essential patents by vertically-integrated firms and

research laboratories: patent

pools and compulsory licensing

Heli Koski OSS production and licensing strategies of

the software firms

Marc Bourreau and Pinar Doğan

Partial licensing of product innovations


D-International Trade II Room 118 Gjermund

Nese and Odd Rune Straume

Industry concentration and strategic trade policy in

successive oligopoly

Martina Lawless

Market coverage of firm-level export

activity

Koji Shinjo and Xingyuan

Zhang

International trade and technology

diffusion: evidence from U.S. patent

citation data

Silviano Esteve-Pérez, Juan A.

Máñez-Castillejo, María

E. Rochina-Barrachina and Juan A. Sanchis-

LLopis

A survival analysis of

manufacturing firms in export

markets

E-Entrepreneurship Room 135 Manuel G.

Flores-Romero and

Robert Blackburn

Is entrepreneurship more about sticking with a firm, or

about running several of them? Evidence from novice

and serial entrepreneurs

Andrew Burke, Holger

Görg and Aoife Hanley

The survival of new ventures in dynamic versus static markets

Sandra Tavares Silva,

Mário Rui Silva and

Aurora A. C. Teixeira

Firm´s institutional behavior and

industry dynamics. An evolutionary

modeling proposal

Oliver Falck Survival chances of start-ups. Do

regional conditions

matter?

F-Networks Room 141 Axel Gautier Network financing with two-

part and single tariff Arthur

Fishman and Rafael Rob

Is bigger better? Costumer base

expansion through word of mouth

reputation

Bjørn Hansen Network competition when costs are heterogeneous

Ana Mauleon, Jose Sempere-Monerris and

Vincent Vannetelbosch

Networks of manufacturers and retailers

G-Competition policy Room 211 Tomaso Duso,

Klaus Gugler and B. Burcin

Yurtoglu

An empirical analysis of EU merger remedies

Giuseppe Colangelo and

Gianmaria Martini

Do recomended retail prices really benefit consumers? The role of buyer

power

Steffen Brenner

An empirical study of the European

corporate leniency program

Stephen Davies and Bruce Lyons

EC merger remedies:

consequences for competition


H-Monopoly Strategies Room 213 C. Christian

von Weizsäcker

Rebating systems and abuse of a dominant position

Lluís Bru, Ramon Faulí-Oller and Joel

Sandonís

Selling methods by a monopolist

Pio Baake and Christian Wey

Spatial price discrimination, buyer

mobility, and coordinated effects of

mergers

I-Environmental Economics Room 215 Randy

Brenkers Introducing an emission

reducing policy in the European car market

Florent J.-A. Pratlong

International competitiveness and strategic distribution of emission permits

Gϋnter Lang Where are the gains from Kyoto?

Estimating the effects of global warming on

agriculture in Germany

Inés Macho-Stadler and

David Pérez-Castrillo

Optimal enforcement

policy and firms' emissions and

compliance with environmental

taxes

J-Competition II Room 218 Luca

Colombo and Paola

Labrecciosa

Capital accumulation and the intensity of market

competition: a differential game

Roberto Roson

Platform competition with endogenous

multihoming

Catherine Matraves and Laura Rondi

Product differentiation, turbulence and sustainability of

competitive advantage

K-Game Theory Room 256 Luca

Lambertini and Andrea Mantovani

Process and product innovation: a differential

game approach to product life cycle

Hannu Vartiainen

A simple model of secure public

communication

Hans-Theo Normann

Equilibrium vertical foreclosure in the

repeated game

Friedel Bolle and Yves

Breitmoser

Dynamic competition with

irreversible moves


L-Public Economics & Welfare Room 257 Leonardo

Becchetti, Giorgio

Federico and Nazaria

Solferino

The game of social responsability: pioneers,

imitators and social welfare

Doina Maria Radulescu and

Michael Stimmelmayr

To incorporate or not to incorporate?

Quantifying the welfare loss of non-uniform taxation

across sectors

Benjamin H. Liebman and

Kasaundra M. Tomlin

Steel safeguards and the welfare of US

steel firms

Johannes Münster

Simultaneos inter- and intra-group conflicts

M-E-Commerce & Internet Room 258 Rosa Branca

Esteves Pricing with customer

recognition Eric Jahn and

Jens Prüfer Transit versus (paid)

peering: interconnection and competition in the Internet backbone

market

Kai Sülzle Stable and efficient electronic business

networks: key players and the dilemma of

peripheral firms

program of parallel sessions 1/24 - up · program of parallel sessions 1/24 ... program of parallel...

Documents