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Saturday

Saturday, April 5, 2008

7:15 - 8:15 a.m. Buffet breakfast served in Executive Rooms 1&2

All sessions to be held in room 207
Click on Presenters name to view paper.

Morning Session Chair: Robert Marshall, Pennsylvania State University

8:30 - 10:30 a.m.
Rod Garratt, University of California-Santa Barbara
"Collusion via Resale"
Discussant: George Mailath, University of Pennsylvania 

John Asker, New York University
"A Study of the Internal Organisation of a Bidding Cartel"
Discussant: Isabelle Perrigne, Pennsylvania State University 

10:30 - 11:00 a.m. Break

11:00 a.m. - 12:00 p.m.
Daniel Ackerberg, UCLA
"The Buy-it-now Option, Risk Aversion, and Impatience in an Empirical Model of eBay Bidding"
Discussant: Philip Haile, Yale University

12:00 - 1:30 p.m. Buffet lunch served in Executive Rooms 1&2

Afternoon Session Chair: Quang Vuong, Pennsylvania State University

1:30 - 3:30 p.m.
Harrison Cheng, University of Southern California
"Asymmetric Common Value Auctions with Applications to Auctions with Resale"
Discussant: Steven Matthews, University of Pennsylvania

Jakub Kastl, Stanford University
"Testing for Common Valuation in the Presence of Bidders with Informational Advantage"
Discussant: Han Hong, Stanford University 

3:30 - 4:00 p.m. Break

4:00 - 5:30 p.m. Roundtable Session
Oil and Gas Auctions 
Andrey Vavilov, Institute for Financial Studies
Ken Hendricks, University of Texas-Austin
Barry Ickes, Pennsylvania State University 
Robert Porter, Northwestern University
Andrei Karavaev, Pennsylvania State University 

Evening festivities to be held at the Hintz Family Alumni Center on the Penn State Campus
6:30 - 7:30 p.m. Reception
7:30 - 10:00 p.m. Dinner

Shuttle service will be provided from the main entrance of the Penn Stater at 6:00 and 6:20pm.

Transportation will be provided back to the Penn Stater after the evening festivities. For those that would like to explore downtown State College the shuttle will run every 15 minutes from the corner of Allen and College Avenue until 1:00am.