Bresnahan, Timothy F, Hallstrom, Daniel G. Kerry, John V. Leahy, Friedman, You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:transb:vyi:c:p See general information about how to correct material in RePEc. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dana Niculescu.
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Please note that corrections may take a couple of weeks to filter through the various RePEc services. Economic literature: papers , articles , software , chapters , books. Adaptation to climate change effects and competition between ports: Invest now or later? Zhang, Anming. We investigate the size and timing of investment in adaptation to climate change effects for ports, when efficiency of investment is uncertain and the market is competitive.
The model assumes an accumulation of information about the adaptation projects over time, allowing decision-makers to improve the investment efficiency. The results show that the optimal timing of investment is significantly influenced by the disaster occurrence probability, the potential information gain over time and the level of competition. When competition is intensified, it is optimal for ports to invest earlier than later.
However, immediate investments are less preferred when competition is weak, even lesser in the presence of information accumulation. These results hold for both the private and public ports and for simultaneous investments by the PAs. In most cases, social welfare is much higher with immediate investments, mainly because of the associated positive spillover effects on the surrounding areas and other sectors of economy.
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Organizing Committee Thomas N. Hubbard Thomas N. Hubbard Elinor and H. Thomas N. Hubbard has been a professor at Kellogg since , and served as Senior Associate Dean, Strategic Initiatives from During , he was a visiting professor at Columbia GSB. Professor Hubbard's research interests mainly concern how information problems affect the organization of firms and markets, and therefore the structure of industries. He is a faculty research fellow at the National Bureau of Economic Research. Mark received a student Impact Award for his teaching of Business Law in the fall quarter of As significant horizontal consolidation has occurred in many markets, growth may only occur with acquisition activity either above or below a firm in its vertical chain.
How and to what extent that vertical acquisition should be regulated has become a growing concern. The recent proliferation of vertical mergers and alliances has created debate on the traditional merger enforcement paradigms employed by the Antitrust Division of the United States Department of Justice and the Federal Trade Commission.
In addition, the EU and other foreign competition enforcement authorities are scrutinizing these same mergers in their own jurisdictions but employing different standards from their U. Continuing Legal education. The conference organizers will seek CLE accreditation for states requested by registrants which have continuing education requirements. To request CLE credit, please indicate in the registration form. If you have any questions, please feel free to contact the conferences team.
Climate-driven sympatry may not lead to foraging competition between congeneric top-predators
Conference Sponsors. Expand All. Thursday January 24, Time Event p. Friday January 25, Time Event a. Moderator: Benjamin F. The U. Christine S. Wilson, Commissioner, Federal Trade Commission. Lopatka, Penn State Law. The Regulatory Landscape Outside of the U. Rogerson, Northwestern University. Terry Calvani Terry Calvani.
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Previously he served as Commissioner of the US Federal Trade Commission serving as its head in , and later as a member of the board of directors of the Irish Competition Authority where he held the criminal investigations portfolio. During that period, he was an active member of advisory committees for the EU Competition Directorate.
Following his term on the FTC, he returned to private practice with the Pillsbury firm until his appointment in Ireland. Calvani has served as chairman of several ABA Antitrust Section committees and two terms on its governing council. Journal of Antitrust Enforcement and the Dublin Univ. Law Journal. He has also served as a Non-Governmental Advisor for the U. Calvani has consulted with many governments and their competition agencies on antitrust policy.
He has written and spoken extensively on antitrust issues. He is listed as a leading antitrust and regulatory lawyer in many guides and directories. Dennis W. Carlton Dennis W.
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Carlton has won several awards including being named the Distinguished Fellow of the Industrial Organization Society. He also served as the sole economist on the Antitrust Modernization Commission, a Congressional commission that published its findings in He is associated with the economic consulting firm Compass Lexecon and served as President of Lexecon for several years. He has served as an expert in numerous domestic and foreign cases involving issues in antitrust, regulation, and intellectual property in a wide variety of industries. He has served as an expert for several US and foreign antitrust authorities.
He lectures frequently on antitrust issues. Peter Crowther Peter Crowther. Widely recognized as a leading competition and trade lawyer, a significant part of his practice involves advising companies in a wide range of cartel and merger proceedings, and associated litigation. He also has a long track record of advising broadcasting and telecommunications companies on regulatory matters.
Jim Dugan Jim Dugan. Jamillia Ferris is a partner in the Washington, D. She regularly appears before the U. Department of Justice DOJ and the Federal Trade Commission, representing companies in government antitrust investigations, including mergers and acquisitions and other civil antitrust matters. Ferris also provides antitrust counseling on a wide range of business conduct, including joint ventures and pricing and distribution, among others. Luke M. Froeb Luke M. William C.
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James F. Herbison James F. Benjamin F. Jones Benjamin F. An economist by training, his research focuses largely on innovation and creativity, with recent work investigating the role of teamwork in innovation and the relationship between age and invention. Jones also studies global economic development, including the roles of education, climate, and national leadership in explaining the wealth and poverty of nations.
Nick Koberstein Nick Koberstein. He has successfully obtained merger control clearances in dozens of jurisdictions for numerous Abbott transactions. Prior to joining Abbott, Koberstein was an antitrust partner in the Washington, D. Edward J.