April 20, 2012: Behavioral Competition and Regulation
The Amsterdam Center for Law & Economics (ACLE) organizes its 8th annual Competition & Regulation Meeting on the topic:
Botond Köszegi (UC Berkeley)
Maurice E. Stucke (University of Tenessee)
Behavioral Competition and Regulation
April 20, 2012
University of Amsterdam
Amsterdam, The Netherlands
Introduction to the Topic
Much of competition policy and regulation is based on insights from economic models with rational decision-makers. Yet a substantial body of research shows that many individuals are better characterized as being boundedly rational. In consumption choices as well as contexts that resemble executive decisions, people display such deviations from rationality as time inconsistency, overweighting of small probabilities, and failure to ignore sunk costs. Where one side of a market is not fully rational, the other side tailors its behavior accordingly. For instance, credit card companies may impose attractive baseline repayment terms combined with large penalties for late payments. This will attract borrowers that are time inconsistent and not sophisticated enough to foresee their temptations. That is, business strategies may display non-standard features, which regulators and competition authorities need to understand to be effective.
This year’s ACLE Competition & Regulation Meeting focuses on what we can learn from behavioral economics for the enforcement of competition law and regulation.
The 8th ACLE Competition & Regulation Meeting
This C&R Meeting brings together renowned specialists. We also welcome practitioners with a keen interest in this specialty subject, including new agency officials, government officials interested in competition policy as a development aid tool, competition lawyers and consultants that intend to develop a practice and young scholars working on these research topics. We will approach the topic of behavioral competition and regulation from different angles, both economic and legal. Seeking to be informed by scholarly learning and lessons drawn from the experiences mentioned the approach in this conference will also be practical.
Call for Papers CLOSED
Academics, private practitioners and competition officials, both with a legal and an economic background, are encouraged to submit their research for inclusion in the conference program.
Full papers or abstracts can be sent together with the author’s address information to:
For submission details, click below:
The deadline for submission is April 15 2012. Decisions on acceptance to the program will be communicated by mid March.
For the program click on the attachment below.
Conference papers will be available for download via the link below.
Abstracts are available via the link below.
The conference venue
The program takes place at two venues:
- The University of Amsterdam's Faculty of Law (Oudemanhuispoort 4-6)
- The Industrieele Groote Club (Dam Square 27)
The fee for this conference is €200 for practitioners and €75 for (full-time) academics.
To register for the conference, click on the link below. Payment details will be provided with the confirmation of your on-line registration. Please note that we have only a limited number of places available, so early registration is advised.
The registration fee includes conference participation, lunch, refreshments, closing drinks and buffet.
Deadline for registration is April 10.
List of Participants
The list of participants is available via the link below.
Closing drinks & buffet
Ater closing the program towards 19.00 hours, you are invited for drinks and a dinner buffet at De Industrieele Groote Club.
- Participants are to arrange their own lodging. The following is a selection of hotels in de vicinity of the conference venues.
- Sofitel The Grand *****
Oudezijds Voorburgwal 197, Amsterdam
- NH Doelen ****
Nieuwe Doelenstraat 24, Amsterdam
- Le Coin ***
Nieuwe Doelenstraat 5, Amsterdam
- Hotel Arena ***
's Gravesandestraat 51, Amsterdam
- Hostel Stay OK Amsterdam Vondelpark***
Zandpad 5, Amsterdam
- Park Plaza Vondel***
Koninginneweg 34-36, Amsterdam
- Ibis City West****
Transformatorweg 36, Amsterdam
- Westcord Art Hotel***
Spaarndammerdijk 302, Amsterdam
- Hotel Okura Amsterdam
Ferdinand Bolstraat 333, Amsterdam
The Okura Hotel Amsterdam is holding some rooms for our guests. Please contact the ACLE secretariat via email@example.com if you are interrested.
For further information: http:www.hotels.com or click on the link below.
Arriving and leaving Amsterdam
Schiphol airport is best reached by regular train service. The 15-minute train ride leaves every 10 to 15 minutes from Amsterdam Central Station, which is a 5-minute taxi ride from the conference venue (euro 7,50). It is a 10 minutes walk from the Central Station to the conference venue. A taxi from the conference venue to Schiphol airport would take about 25 minutes and costs approximately euro 40.
You can buy train tickets from the yellow machines at the railway station. Some machines take credit cards and/or coins, some machines only take Dutch bank cards. For other types of public transport (bus/metro/tram) you will need an electronic transport card (“ov chip card”). These can be purchased from the machines at most metro stations or at the GVB office at the central station. For more information, visit http://en.gvb.nl/pages/home.aspx. To plan your trip, visit: http://9292.nl/en.
Kati Cseres, Michael Frese, Saskia Lavrijssen, Maarten Pieter Schinkel, Jo Seldeslachts, Adriaan Soetevent, Jeroen van de Ven (chair).
For further inquiries contact the ACLE Office at +31 (0)20 525 4162 or the e-mail address below.
For further information about the ACLE, see www.acle.nl.
The ACLE C&R Meetings
The ACLE Competition & Regulation meetings are a series of annual workshops that focus on topics in competition law enforcement and regulation. Around a program of key-note speakers, scholars discuss submitted academic papers in parallel sessions. The leading idea is to inform European competition policy. The aim is to attract roughly 100 specialized participants from academia, government antitrust agencies, law and consulting firms to create the optimal conditions for a high level exchange of views.
For more information, see the link below: