Joseph Harrington

Joseph Harrington - University of Pennsylvania (EEUU)

Joseph Harrington received his Ph.D. in Economics from Duke University and is currently Professor of Business Economics at The Wharton School of the University of Pennsylvania. He has published more than 70 articles in economics, sociology, management science, and political science, and written Games, Strategies, and Decision Making and co-authored Economics of Regulation and Antitrust.

He has been co-editor at the RAND Journal of Economics and International Journal of Industrial Organization and served on other editorial boards. His research has received the ENRE Best Publication Award from INFORMS, the Duncan Black Award, and Honorable Mention for the Jerry S. Cohen Memorial Fund Writing Award for antitrust scholarship. He has given the Heath Memorial Lecture at the U. of Florida Levin College of Law and delivered many keynote lectures including at the Mandela Institute Conference on Competition Law, the Taipei International Conference on Industrial Economics, and the EARIE Conference.

He is currently President of the Industrial Organization Society.

Research stay at UC3M: DEPARTMENT OF ECONOMICS

Project:  In his role as European Commissioner for Competition, Mario Monti referred to cartels as "cancers on the open market economy." The emphasis on shutting down cartels has fueled interest among competition authorities for more effective policies. My project is intended to produce a better understanding of cartels and thereby provide the foundation from which better policies will come.

Questions to be addressed include: When do cartels form? What market conditions are conducive to cartel formation? How long do cartels last? The initial step in this project is to develop the next generation model of cartel birth and death, building on my earlier work in the Journal of the European Economic Association (2009).

Once constructed, this cartel birth-death process will be used to generate a simulated panel data set of industries and cartels that will act as a testing ground for: 1) evaluating methods for estimating cartel-related measures; 2) engaging in the ex ante evaluation of competition policy; and 3) developing methods for performing an ex post evaluation of competition policy.

Stay Period: SEP 12 - MAR 13

Conferences

Lecturer: Joseph Harrington
Tittle: Collusion – The Hidden Evil in the Marketplace. Are Competition Authorities Winning or Losing the Fight Against Cartels?
Date: November 19 at 11:00h
Place: Aula Multimedia 14.0.11

Conference Video