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Conference Handbook (PDF) EARIE 2016 | 43rd Annual Conference of the European Association for Research in Industrial Economics 3 WELCOME MESSAGE On behalf of Nova School of Business and Economics we are delighted to welcome you in Lisbon to the 43rd Annual Conference of the European Association for Research in Industrial Economics. We wish to express gratitude to everybody who generously contributed to the success of this event. First, we are grateful to Alessandro Gavazza, for setting up a scientific programme of excellent quality. Second, we are grateful to the members of the scientific committee who helped Alessandro in his demanding job of selecting the very best papers for this event. Foremost, we would like to thank Patrícia Poças (Nova SBE) and Mundi- convenius for their ceaseless efforts to make everything run smoothly, and Ene Kannel (EIASM) for her in- valuable input along the process. We would also like to thank our sponsors CRAI, Anacom, Banco de Portugal and E.CA for their kind donations and helping us to make this conference a success. The 43rd Conference of the EARIE offers an excellent opportunity for researchers and professionals inter- ested in Industrial Economics to exchange new views and discuss both theoretical and applied problems. The conference includes eight parallel sessions, six Rising Stars sessions, twelve invited speakers and three keynote speakers: Susan Athey (Stanford University), Steven Tadelis (University of California, Berkeley), and the outgoing EARIE president John Sutton (LSE). We hope you enjoy the conference and wish you a very pleasant stay in Lisbon. The EARIE 2016 LOC: Carlos Santos, Guido Maretto, Duarte Brito, Patrícia Poças, Steffen Hoernig (chair) If you need help please call: Steffen Hoernig: (+351) 964 409 677 Patrícia Poças: (+351) 919 234 352 Sponsors 4 EARIE 2016 | 43rd Annual Conference of the European Association for Research in Industrial Economics CONTENTS 2 FLOOR MAPS 3 WELCOME MESSAGE 5 NOVA SBE 6 GENERAL INFORMATION 7 SCIENTIFIC COMMITTEE 8 YOUNG ECONOMISTS’ ESSAY AWARDS 8 KEYNOTE SPEACHES 9 INVITED SESSIONS 9 RISING STAR SESSIONS 9 INFORMATION FOR SPEAKERS 10 DETAILED PROGRAMME 10 Friday, August 26th 19 Saturday, August 27th 39 Sunday, August 28th 55 INDEX OF PRESENTERS 60 INFORMATION ABOUT LISBON AND PORTUGAL 63 CAMPUS AND CITY MAPS EARIE 2016 | 43rd Annual Conference of the European Association for Research in Industrial Economics 5 NOVA SBE The 43rd EARIE Annual Conference is organized by Nova School of Business and Economics. Nova School of Business and Economics is the most prestigious Portuguese school in the areas of Economics and Management. It is a triple crown-accredited school with three Masters programs and Executive Education programs in the FT rankings, and classified as a Universal Business School (5 Palmes) with 11 Masters among the best in the Eduniversal rankings. Nova SBE is also a member of the prestigious CEMS network having won twice the title of CEMS School of the year (2010, 2011). Since its establishment in 1976, it has been a pioneer in Portugal in several areas, being the first to offer a full- time MBA program (1982), the first to start teaching in English and the first to be internationally accredited (EQUIS 2004). Nova School of Business and Economics has stepped up its activity at the international level, not only as an institution but also in terms of its program portfolio. It has founded is 2009 a business school in Africa - Nova Angola Business School -, offers the only FT-ranked MSc in Finance in Brazil, and implemented Executive Education programs in such diverse locations as Mozambique, Brazil and Northern and Eastern Europe 6 EARIE 2016 | 43rd Annual Conference of the European Association for Research in Industrial Economics GENERAL INFORMATION Conference Venue Nova School of Business and Economics Campus de Campolide 1099-032 Lisboa Portugal Registration and assistance The registration desk is located at the entrance of the Nova SBE building. Programme changes General announcements, last-minute changes and updates to the programme will be displayed on the message board next to the registration desk. Badges Your name badge signals your admission to the conference, please make sure you wear it at all times, also during social events. Conference assistants In the conference venue there are conference assistants which will help you find your way around and with problems in conference rooms. Catering Lunches and coffee breaks are held in the tents behind Nova SBE. Conference Rooms All rooms are equipped with a PC with USB ports, Microsoft Office, Adobe Acrobat Reader, projector, and a screen. Campus Access The main entrance to the campus will be closed for cars on Sunday, but there is a secondary access on Travessa Estêvão Pinto. Internet connection at the Conference venue In the conference venue, you will be able to access the Internet via WiFi. WIFI: All users who have access to the Eduroam wireless network should preferably use their own accounts. If you do not have an Eduroam account, please use the following login data: Network eduroam Username: [email protected] Password: $989a88s This network can be used at any location with wireless coverage on campus. Registration fee The registration fee includes EARIE Membership, admission to all scientific sessions, conference materials (congress bag, badge, programme, etc.), certificate of participation, coffee breaks and luncheons, admission to welcome cocktail and conference dinner. EARIE 2016 | 43rd Annual Conference of the European Association for Research in Industrial Economics 7 SCIENTIFIC COMMITTEE The Scientific Committee for EARIE 2016 is chaired by Alessandro Gavazza (London School of Economics). He is a co-editor of the Journal of Industrial Economics and a research fellow of the CEPR. His research focuses on the role of frictions in markets. He has also studied the role of information in elections, and the interactions between labor and healthcare markets. His research has been published in the American Economic Review, the Journal of Political Economy, and the Review of Economic Studies. Head: Alessandro Gavazza Victor Aguirregabiria (U Toronto) Gerard Llobet (CEMFI) Simon Peter Anderson (U Virginia) Inés Macho-Stadler (Barcelona Graduate School of Economics) John Asker (UCLA) Christian Michel (Universitat Pompeu Fabra) Heski Bar-Isaac (U Toronto) Jeanine Miklos-Thal (U Rochester) Pedro Pita Barros (Nova Lisbon) Jose L. Moraga-Gonzalez (VU U Amsterdam) Michael Baye (Kelley School of Business) David P Myatt (LBS) Paul Belleflamme (Université Catholique de Louvain) Kathleen Nosal (U Mannheim) Gary Biglaiser (U North Carolina) Hans-Theo Normann (DICE Düsseldorf) Francis Bloch (Paris School of Economics) Carlos Esteban Noton (Universidad de Chile) Jan Boone (Tilburg U) Marco Ottaviani (Bocconi U) Bart J. Bronnenberg (Tilburg U) Martin Peitz (U Mannheim) Luis Cabral (NYU Stern) Pedro Pereira (CEFAGE) Giacomo Calzolari (U Bologna) Helena Perrone (Universitat Pompeu Fabra) Carlo Cambini (Florence School of Regulation) Emmanuel Petrakis (U Crete) Bruno Cassiman (IESE) Andrea Pozzi (Einaudi Institute for Economics and Finance) Federico Ciliberto (U Virginia) Mar Reguant (Northwestern U) Sofronis Clerides (U Cyprus) Regis Renault (Université Paris Dauphine) Pascal Guy Courty (U Victoria) Patrick Rey (Toulouse School of Economics) Gregory S Crawford (U Zurich) Bradley J. Ruffle (Wilfrid Laurier U) Jan De Loecker (Princeton U) Jozsef Sakovics (The U of Edinburgh) Vincenzo Denicolo (U Leicester) Carlos Santos (Nova Lisbon) Pierre Dubois (Toulouse School of Economics) Pasquale Schiraldi (LSE) Liran Einav (Stanford U) Fabiano Schivardi (Luiss U) Alon Eizenberg (Hebrew U) Philipp Schmidt-Dengler (U Vienna) Winand Emons (U Bern) Armin Schmutzler (U Zurich) Susanna Esteban (Barcelona Graduate School of Economics) Christian Schultz (U Copenhagen) Natalia Fabra (Carlos III Madrid) Nicolas Schutz (U Mannheim) Rosa Ferrer (Universitat Pompeu Fabra) Howard William Smith (Oxford U) Arthur Fishman (Bar-Ilan U) Michelle Sovinsky (U Mannheim) Chiara Fumagalli (Bocconi U) Giancarlo Spagnolo (SITE) Philippe Gagnepain (PSE) Yossi Spiegel (Tel Aviv U) Juanjo Ganuza (Universitat Pompeu Fabra) Frode Steen (NHH) Alessandro Gavazza (LSE) John Sutton (LSE) Thomas Paul Gehrig (U Vienna) Otto Toivanen (KU Leuven) David Genesove (Hebrew U) Catherine Tucker (MIT) Matthew Gentry (LSE) Hannes Ullrich (U Zurich) Jacob Goeree (University of Technology Sydney) Tommaso Valletti (Imperial College) Dietmar Harhoff (Max-Planck Munich) Johannes Van Biesebroeck (KU Leuven) Paul Heidhues (ESMT) Frank Verboven (KU Leuven) Steffen Hoernig (Nova SBE, Lisbon) Nikos Vettas (Athens U of Economics and Business) Elisabetta Iossa (Università degli Studi di Roma) Reinhilde Veugelers (KU Leuven) Maarten Janssen (U Vienna) Sofia Villas-Boas (U California, Berkeley) Doh-Shin Jeon (U Toulouse) Matthijs R Wildenbeest (Kelley School of Business) Ulrich Kaiser (U Zurich) Julian Wright (NU Singapore) Myrto Kalouptsidi (Princeton U) Yaron Yehezkel (Tel Aviv U) Tobias Kretschmer (LMU Munich) Christine Zulehner (Goethe University Frankfurt) Saul Lach (The Hebrew U of Jerusalem) Patrick Legros (ECARES) 8 EARIE 2016 | 43rd Annual Conference of the European Association for Research in Industrial Economics YOUNG ECONOMISTS’ ESSAY AWARDS The EARIE Conference is aiming to encourage and foster young researchers in Industrial Economics, and the Young Economists’ Essay Awards (YEEA) support that aim by recognizing innovative, impressive work that is likely to have an
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