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Industrial
Organization in Retrospect

Date 2025-05-30 - 2025-05-31

Location David Rubenstein Forum, University of Chicago

Conference organizers: Günter J. Hitsch, Ali Hortaçsu, Sanjog Misra, Chad Syverson

Forty years ago, a new paradigm emerged in Industrial Organization, emphasizing economic theory as a foundation for empirical analysis, causal identification, and empirical models for policy evaluation. The conference aims to reflect on these advances and explore future directions for the field.

CONFERENCE PROGRAM

Day 1 is devoted to keynotes by leading scholars whose work has shaped modern empirical IO and related areas in quantitative marketing.

Day 2 will feature presentations of new research in Industrial Organization and related areas (IO+). The paper selection committee will be chaired by Chad Syverson and includes:
Milena Almagro, Giulia Brancaccio, Eric Richert, Shoshana Vasserman, Jon Williams and Tom Wollmann

Selected Papers for Presentation

  • "Intermediation, Choice Frictions, and Adverse Selection: Evidence from the Chilean Pension Market." Eduard Boehm
  • "Mergers, Foreign Competition, and Jobs: Evidence from the U.S. Appliance Industry." Felix Montag
  • "Painful Bargaining: Evidence from Anesthesia Rollups" Aslihan Asil, Paulo Ramos, Amanda Starc, Tom Wollmann
  • "Production Function Identification Under Imperfect Competition." Dan Ackerberg, Jan De Loecker
  • "Welfare Effects of Resale Price Maintenance: Evidence from the Chinese Pharmaceutical Industry" Tianli Xia

Panel Discussions

Modern Empirical IO and Antitrust” Nancy Rose, Fiona Scott Morton, Katja Seim 

“Modern Empirical IO and Causal Inference” Isaiah Andrews, Magne Mogstad, Jesse Shapiro

“Modern Empirical IO and Industry Applications” Avi Goldfarb, Justine Hastings, Steve Tadelis

Keynote Speakers