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Industrial Economics Reading Group

The Industrial Economics Reading Group meets fortnightly during term time to discuss recent, high-quality research published in Industrial Economics. Its members include faculty, CCP researchers and PhD students. Members take it in turns to choose and introduce a paper and discuss its methodology, findings and significance. Research presented focuses on the top 5 general academic economics journals, the top field journals and the most important researchers in the field.

The group was founded originally in 2012 by two former PhD students Frederick Wandschneider and Panayiotis Agisilaou with a more specialized focus on cartels and collusion. It is now administered by CCP Research Associate Liang Lu. 

Please email for more information or to join the group's mailing list.

Spring Semester 2018 | Programme

19 January 2018 REG 3.15 Autor et al (2017). Concentrating on the Fall of the Labour Share, AER P&P, 107(5), 180-185 Steve Davies
02 February 2018 REG 3.15 DellaVigna and Gentzkow (2017). Uniform Pricing in US Retail Chains, Stanford University Working Paper Wynne Lam
16 February 2018 REG 3.15 Armstrong, M. (2015). Search and Ripoff Externalities. Review of Industrial Organization, 47, 273-302 Bruce Lyons
2 March 2018 REG 3.15 CANCELLED  
9 March 2018 REG 3.15 Heidhues, P., & B. Kőszegi (2017). Naivete-based Discrimination. Quarterly Journal of Economics, 132(2), 1019–1054 Yannis Pappous
16 March 2018 REG 3.15

Galasso, A. & M. Schankerman (2018). Patent Rights, Innovation, and Firm Exit. RAND Journal of Economics, 49, 68-86.

Franco Mariuzzo
13 April 2018 TPSC 0.1 D’Annunzio, A. (2017) Vertical Integration in the TV Market: Exclusive Provision and Program Quality. International Journal of Industrial Organization, 53, 114-144 Tom Carr
27 April 2018 REG 3.15 Bourreau, M., Jullien, B. & Lefouili, Y. (2018) Mergers and Demand-Enhancing Innovation Kai-Uwe Kühn
11 May 2018 REG 3.15 CCP Research Review  
25 May 2018 REG 3.15 Dinerstein, Einav, Levin, and Sundaresan, “Consumer Price Search and Platform Design in Internet Commerce”. American Economic Review, forthcoming. David Deller


Past Meetings

Date Title Author(s) Reference Presenter
03/02/2012 Private monitoring and communication in cartels: explaining recent collusive practices Joseph Harrington and Andrzej Skrzypacz AER 101 (Oct. 2011), pp. 1-25 Frederick Wandschneider
24/02/2012 Endogenous cartel formation with heterogeneous firms Iwan Bos and Joseph Harrington Rand 42(1) (2010), pp. 92-117 Richard Havell
09/03/2012 Cartel duration and endogenous private monitoring and communication: an instrumental variables approach Jun Zhou TILEC Discussion paper No. 2012-009 Panayiotis Agisilaou
23/03/2012 Strategic leniency and cartel enforcement Nathan Miller AER 99(3) (2009), pp. 750-768 Peter Ormosi
20/04/2012 Semi-collusion in media markets Ralf Dewenter, Justus Haucap and Tobias Wenzel International Review of Law and Economics 31(2) (2011), pp. 92-98 Anna Rita Bennato
04/05/2012 The impact of collusion on price behavior: Empirical results from two recent cases Yuliya Bolotova, John M. Connor and Douglas J. Miller IJIO 26 (2008), pp. 1290–1307 Saeed Alkatheeri
18/05/2012 A Study of the Internal Organization of a Bidding Cartel John Asker American Economic Review 100 (2010), pp. 724–762 Franco Mariuzzo
22/06/2012 The role of demand information and monitoring in tacit collusion Christian Rojas RAND Journal of Economics Vol. 43(1) (2012), pp. 78-109 Miguel Flores
06/07/2012 Price leadership and coordination in retail gasoline markets with price cycles Matthew S. Lewis International Journal of Industrial Organization 30 (2012) 342–351 Frederick Wandschneider
28/09/2012 The anatomy of cartel contracts Ari Hyytinen, Frode Steen and Otto Toivanen CEPR Discussion Paper No. DP9362
12/10/2012 Leniency programs for multimarket firms: The effect of Amnesty Plus on cartel formation Yassine Lefouili and Catherine Roux International Journal of Industrial Organization, Volume 30, Issue 6, November 2012, Pages 624–640 Richard Havell
26/10/2012 Explicit vs. tacit collusion: The impact of communication in oligopoly experiments Miguel A. Fonseca and Hans-Theo Normann European Economic Review, Volume 56, Issue 8, November 2012, Pages 1759–1772 Miguel Flores
23/11/2012 Estimating Switching Costs for Medicare Advantage Plans? Kathleen Nosal Unpublished manuscript, University of Mannheim, 2012 Franco Mariuzzo
07/12/2012 Mergers When Prices Are Negotiated: Evidence from the Hospital Industry Keith Brand, Gautam Gowrisankaran, Aviv Nevo, Robert Town NBER Working Paper No. 18875 Franco Mariuzzo
01/02/2013 Testing Models of Consumer Search Using Data On Web Browsing and Purchasing Behavior Babur De Los Santos, Ali Hortaçsu, And Matthijs R. Wildenbeest American Economic Review, 2012, 102(6): 2955-80 Frederick Wandschneider
15/02/2013 A Search Cost Model of Obfuscation Glenn Ellison and Alexander Wolitzky The RAND Journal of Economics (2012), 43: 417–441. Miguel Flores
01/03/2013 Spatial Differentiation and Vertical Mergers in Retail Gasoline Markets Jean-François Houde American Economic Review 102.5 (2012): 2147-2182. Richard Havell
26/04/2013 Private Patent Protection In The Theory of Schumpeterian Growth Lewis S. Davis and Fuat Şener European Economic Review 56 (2012) 1446–1460 Christopher Wadlow
19/05/2013 Downstream Labelling and Upstream Price Competition Olivier Bonroy and Stéphane Lemarié European Economic Review Volume 56, Issue 3, April 2012, Pages 347–360 Liang Lu
11/09/2013 The impact of advertising regulation on industry: the cigarette advertising ban of 1971 Shi Qi The RAND Journal of Economics (2013), 44: 215-248 Anna Rita Bennato
25/10/2013 Demand Fluctuations in the Ready-Mix Concrete Industry Allan Collard-Wexler Econometrica, Vol. 81, No. 3 (May, 2013), pp 1003–1037 Franco Mariuzzo
15/11/2013 Estimating network economies in retail chains: a revealed preference approach Paul B. Ellickson, Stephanie Houghton and Christopher Timmins The RAND Journal of Economics, Volume 44, Issue 2, pages 169–193, Summer 2013 Richard Havell
22/11/2013 Competition and the Use of Foggy Pricing Eugenio Miravete American Economic Journal: Microeconomics 2013, 5(1): 194-216 Carsten Creed
06/12/2013 Ownership Consolidation and Product Characteristics: A Study of the US Daily Newspaper Market Ying Fan American Economic Review, 103(5): 1598-1628 Peter Ormosi
31/01/2014 Competition with Exclusive Contracts and Market-Share Discounts Giacomo Calzolari and Vincenzo Denicolò American Economic Review (2013), 103(6): 2384-2411 Shintaro Ueda
28/02/2014 Raising Retailers' Profits: On Vertical Practices and the Exclusion of Rivals John Asker and Heski Bar-Isaac American Economic Review (2014), 104(2): 672-86 Richard Havell
14/03/2014 Intertemporal Price Discrimination in Storable Goods Markets Igal Hendel and Aviv Nevo American Economic Review (2013), 103(7): 2722-51 David Deller
28/03/2014 Competition, Disclosure and Signalling Maarten Janssen and Santanu Roy Economic Journal, 2013, Accepted Article Miguel Flores
25/09/2015 The Provision of convenience and variety by the market Bart Bronnenberg RAND Franco Mariuzzo
09/10/2015 How limiting deceptive practices harm consumers  Piccolo et al RAND Ioannis Pappous
23/10/2015 Do Pharmacists Buy Bayer? Informed Shoppers and the Brand Premium Bronnenberg et al QJE David Deller
20/11/2015 Buyer Power and exclusion in vertically related markets  Tommy Staahl Gabrielsen, Bjørn Olav Johansen IJIO Liang Lu
04/12/2015 Penalizing Cartels: The case for basing penalties on price overcharge Katsoulacos et al IJIO Carsten Crede
22/01/2016 Market size and pharmaceutical innovation Dubois et al RAND 2015 Farasat Bokhari
05/02/2016 Does merger simulation work? Evidence from the Swedish Analgesics Market  Verboven et al AEJ Applied Economics  Weigie Yan
19/02/2016 Exploitative Innovation Heidhues et al AEJ Microeconomics  Ioannis Pappous
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