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Conference Celebrating the Scholarly Career of Mark Satterthwaite

Consumer finance and new technologies: research and practice


The Kellogg School of Management is pleased to host a conference in honor of Mark Satterthwaite’s 47 years of service and work as a faculty member. Co-sponsored by the Strategy Department and the Managerial Economics and Decision Science Department at Kellogg, the conference will feature papers by respected scholars in areas of economics which Mark has been active, in particular: health economics, dynamic competition, and double auctions and mechanism design.

The one and a half day conference will kick off Friday April 26, 2019 with a full day of programming, followed by a celebratory dinner.  The conference concludes on Saturday, April 27 after a luncheon.  A detailed agenda will be available soon.


April 26-27, 2019


Consumer finance and new technologies: research and practice

Mark Satterthwaite


Mark Satterthwaite is the A.C. Buehler Professor in Hospital and Health Services Management, Professor of Strategy, and Professor of Managerial Economics at Northwestern's Kellogg School of Management.
Contact
If you have any questions, please contact:
Justine Krueger
Academic Events Coordinator, Strategy Department
Email

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Agenda


Friday, April 26, 2019

Time Event Location
7:30 a.m. - 8:15 a.m. 
Continental Breakfast & Registration
Seminar Room 5101
8:15 a.m. - 8:30 a.m.
Welcome
Seminar Room 5101
8:30 a.m. - 12:00 p.m.

(Break / 10:30 - 11:00 a.m.)

Session I / Healthcare

Session Chair:

Amanda Starc

Associate Professor of Strategy
Kellogg School of Management


"Optimal Contracts for Agents with Multidimensional Heterogeneity: A Structural Model of Medicare Reimbursements for Dialysis Drugs"

Martin Gaynor

E.j. Barone Professor of Economics and Health Policy
Carnegie Mellon University


"Health Insurance Menu Design: Managing the Spending Coverage Tradeoff"

Kate Ho 

Professor of Economics
Princeton University


"Optimal Managed Competition Subsidies"

Robert Town

Professor of Economics
The University of Texas in Austin
Seminar Room 5101
12:00 p.m. - 1:30 p.m. 
Lunch
Seminar Room 5101
1:30 p.m. - 3:30 p.m.

Session II / Dynamic Models of Competition

Session Chair:

Daniel Barron

Associate Professor of Strategy
Kellogg School of Management


"How Efficient is Dynamic Competition? The Case of Price as Investment"

Ulrich Doraszelski

Joseph J. Aresty Professor; Professor of Business Economics and Public Policy
University of Pennsylvania


"A Computational Framework for Analyzing Dynamic Procurement Auctions: The Market Impact of Information Sharing"

Chaim Fershtman

Chair in Public Economics
The Eitan Berglas School of Economics, Tel Aviv University
Seminar Room 5101
3:30 p.m. - 4:00 p.m. 
Break
Seminar Room 5101
4:00 p.m. - 5:15 p.m. 

Mark's Research Contributions in Perspective

Moderator:

Ehud Kalai

Professor Emeritus of Managerial Economics & Decision Sciences
Director of the Center for Games and Economic Behavior
Kellogg School of Management

Panel:

David Dranove

Walter J. McNerney Professor of Health Industry Management
Faculty Director of PhD Program
Professor of Strategy
Kellogg School of Management

Steve Williams

Professor of Economics
Director (Research) Centre for Market Design
The University of Melbourne

Ariel Pakes

Thomas Professor of Economics
Harvard University

Roger Myerson

Glen A. Lloyd Distinguished Service Professor of Economics
The University of Chicago
Seminar Room 5101
5:15 p.m. - 7:00 p.m. 
Reception 
Faculty Summit
7:00 p.m. - 8:30 p.m. 

Dinner & Keynote Talk

Hugo Sonnenschein

Charles L. Hutchinson Distinguished Service Professor Emeritus
The University of Chicago
Allen Center Atrium

Saturday, April 27, 2019

Time Event Location
7:45 a.m. - 8:30 a.m.
Continental Breakfast
Seminar Room 5101
8:30 a.m. - 12:00 p.m.

(Break / 10:30 a.m. - 11:00 a.m.)

Session III / Mechanism Design

Session chair:

Joshua Mollner

Assistant Professor of Managerial Economics & Decision Sciences
Kellogg School of Management


"The Efficiency of Real-World Bargaining: Evidence from Wholesale Used-Auctions"

Brad Larsen

Assistant Professor of Economics
Stanford University


"Will the Market Fix the Market? A Theory of Stock Exchange Competition and Innovation"

Eric Budish

Professor of Economics
University of Chicago


"Choice and Consequence: Assessing Mismatch at Chicago's Exam Schools"

Parag Pathak

Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics
MIT


Seminar Room 5101
12:00 p.m. - 12:15 p.m.

Closing Remarks

David Besanko

IBM Professor of Regulation & Competitive Practices
Kellogg School of Management
Seminar Room 5101
12:15 p.m. - 1:30 p.m.
Lunch
Seminar Room 5101

Speakers

Eric Budish

Eric Budish

Professor of Economics / University of Chicago, Booth School of Business
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Ulrich Doraszelski

Ulrich Doraszelski

Joseph J. Aresty Professor and Professor of Business Economics and Public Policy / Wharton School at the University of Pennsylvania
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Chaim Fershtman

Professor of Economics / The Eitan Berglas School of Economics, Tel Aviv University
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Marty Gaynor

Martin Gaynor

E.J. Barone University Professor of Economics and Public Policy / Carnegie Mellon University
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Kate Ho

Kate Ho

Professor of Economics / Princeton University
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Brad Larsen

Brad Larsen

Assistant Professor of Economics / Stanford University
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Roger Myerson

Roger Myerson

David L. Pearson Distinguished Service Professor of Global Conflict Studies / University of Chicago
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Ariel Pakes

Ariel Pakes

Thomas Professor of Economics / Harvard University
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Parag Parthak

Parag Pathak

Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics / MIT
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Hugo Sonnenschein

Hugo Sonnenschein

Charles L. Hutchinson Distinguished Service Professor Emeritus in Economics and the College / University of Chicago
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Robert Town

Robert Town

Professor of Economics / University of Texas at Austin
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Steven Williams

Steven Williams

Professor of Economics / University of Illinois
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Sevin Yeltekin

Sevin Yeltekin

Professor of Economics; Senior Associate Dean, Education / Tepper School of Business, Carnegie Mellon
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Organizing Committee

David Besanko

IBM Professor of Regulation & Competitive Practices / Kellogg School of Management 
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David Dranove

Walter J. McNerney Professor of Health Industry Management, Faculty Director of PhD Program, Professor of Strategy / Kellogg School of Management
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Alvaro Sandroni

E.D. Howard Professor of Political Economy, Professor of Managerial Economics & Decision Sciences / Kellogg School of Management
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James Schummer

Associate Professor of Managerial Economics & Decision Sciences / Kellogg School of Management
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Jeroen Swinkels

Richard M. Paget Professor of Management Policy, Professor of Strategy, Chair of Personnel Committee / Kellogg School of Management
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Logistics

Getting Here & Parking

Air
Major airlines fly into both O’Hare International Airport and Midway International Airport. O’Hare Airport is approximately 45 minutes from Kellogg and Midway Airport is approximately 60 minutes from Kellogg, but you may want to allow more time for traffic.

Taxi
Taxi service from both airports can be arranged in advance of your visit for a reduced fare. Pre-arranged rides start at approximately $35 from O’Hare and $50 from Midway. For up-to-date fare information, please contact a taxi service directly. 
Parking 
Upon arriving, park at North Campus Parking Garage (2311 North Campus Drive.)  After parking, proceed to the elevator nearest stairwell A or B (south side of the garage) to the first floor. Exit the garage and cross Campus Drive: take the sidewalk to the left (east) of the Searle Building. Continue south, following the signs to the Kellogg Global Hub on the east (left) side of the walkway (Map below). Before leaving the Global Hub, make sure to ask the front desk staff for a validated parking ticket to exit the garage.

Where to Stay

Kellogg secured a room block at the Hilton Orrington  in downtown Evanston.  When making the reservation via telephone 1(800) Hilton, please identify yourself as an attendee of the Satterthwaite Conference.  You can also make reservations on the website by entering the code (SATTC19) in the box marked "Group/Convention Code."   The cutoff date for the room block is Friday, March 29, 2019.   Please make your reservation before that date.


Public Transportation

The Chicago Transit Authority (CTA) maintains an extensive system of elevated trains (also known as “the L”) and buses throughout Chicago and Evanston. The train stop closest to Kellogg is the Purple Line Foster stop on Church and Davis Streets. The 201 bus departs from the Howard St. terminal and stops on the corner of Foster and Sheridan.

Be advised, while inexpensive, taking the CTA from the airport can take up to 90 minutes and requires transferring trains.