NSF/CEME Decentralization Conference

April 27 to April 29, 2001

Northwestern University

Conference Program

Note: All sessions are to be held in the Allen Center, 2169 Sheridan Road, Evanston Campus. Rooms may vary; please check the daily schedule for the appropriate room.

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Friday, April 27

Morning Session Chair: Nabil Al-Najjar

7:30: Coffee (Barr/South Beverage Area)

8:30 - 9:30 a.m.
Hakan Orbay (with Kieron Meagher and Timothy Van Zandt), "Market Contingent Managerial Hierarchies."

9:45 - 10:45 a.m.
Guoqiang Tian, Texas A&M University, "The Competitive Mechanism is the Unique Informationally Efficient Process for Economies with Production."

10:45: Coffee (Barr/South Beverage Area)

11:00 - 12:00 p.m.
Marcel K. Richter, University of Minnesota (with Leonid Hurwicz, University of Minnesota), "Second Fundamental Theorem of Classical Welfare Economics."

12:00: Lunch (Park Dining Room)

Afternoon Session Chair: Ted Groves

1:30 - 2:30 p.m.
Dilip Mookherjee, Boston University (with Masatoshi Tsumagari, Keio University), "Delegated Management Contract Intermediation."

2:45 - 3:45 p.m.
Andrew Newman, University College London (with Patrick Legros Université Libre de Burxelles, "Competing for Ownership."

3:45: Coffee (1st Floor Far North Lounge)

4:00 - 5:00 p.m.
Rafael Rob, University of Pennsylvania (with T. Sekiguchi, Kobe University), "Product Quality, Reputation and Turnover."

Saturday, April 28

Morning Session Chair: Stan Reiter

7:00: Breakfast (Johnson Wax Dining Room)

8:30 - 9:30 a.m.
Mikhael Shor, Rutgers University (with Eric Friedman, Rutgers University; Scott Shenker, International Computer Science Institute; Barry Sopher, Rutgers University), "An Experiment on Learning with Limited Information: Nonconvergence, Experimentation Cascades, and the Advantage of Being Slow."

9:45 - 10:45 a.m.
Douglas Gale, New York University (with Franklin Allen, University of Pennsylvania), "Banking and Markets."

10:45: Coffee: 1st Floor Far North Lounge

11:00 - 12:00 p.m.
Roy Radner, New York University (with Prajit K. Dutta, Columbia University), "A Strategic Analysis of Global Warming."

12:00: Lunch (Johnson Wax Dining Room)

Afternoon Session Chair: Douglas Gale

1:30 - 2:30 p.m.
John Wooders, University of Arizona (with Diego Moreno, Universidad Carolos III de Madrid), "Centralized Versus Decentralized Trading in a Lemons Market."

2:45 - 3:45 p.m.
Marciano Siniscalchi, Princeton University (with Igal Hendel and Alessandro Lizzeri, Princeton University), "Efficient Sorting in a Dynamic Adverse Selection Model: The Hot Potato."

3:45: Coffee (1st Floor Far North Lounge)

4:00 - 5:00 p.m.
Roger Lagunoff, Georgetown University (with Luca Anderlini, University of Southampton), "'Whitewashes' and 'Coverups': Communication in Dynastic Repeated Games."

5:30: Cocktails (150 Commons room)

6:30: Dinner (Park Dining Room)

9:00 - 11:00: Late Bar (Barr/South Beverage Area)

Sunday, April 29

Morning Session Chair: John Ledyard

7:00 - 8:30: Breakfast (Johnson Wax Dining Room)

8:30 - 9:30 a.m.
Matthew O. Jackson, California Institute of Technology (with Simon Wilkie, California Institute of Technology), "Endogenous Games and Mechanisms: Side Payments Among Players."

9:45 - 10:45 a.m.
Ilan Kremer, Stanford University (with Matthew O. Jackson, California Institute of Technology), "On the Concentration of Allocations and Comparisons of Auctions in Large Economies."

10:45: Coffee (1st Flor Far North Lounge)

11:00 - 12:00 a.m.
Lawrence M. Ausubel, University of Maryland, "An Efficient Dynamic Auction for Heterogeneous Commodities."

12:00: Lunch (Johnson Wax Dining Room)