NATIONAL BUREAU OF ECONOMIC RESEARCH
Conference on Organizational Economics
Robert Gibbons, Organizer
November 22-23, 2002
Royal Sonesta Hotel
Skyline Rooms
5 Cambridge Parkway
Cambridge, Massachusetts
PROGRAM
THURSDAY, NOVEMBER 21:
7:00 PM Group Dinner
Davio's Restaurant at the Royal Sonesta Hotel
FRIDAY, NOVEMBER 22:
8:30 AM Continental Breakfast
SESSION ONE: The Theory of the Firm
9:00 AM OLIVER HART, Harvard University and NBER
BENGT HOLMSTROM, MIT and NBER
A Theory of Firm Scope
9:30 AM CARLISS BALDWIN and KIM CLARK, Harvard University
Where Do Transactions Come From?
A Perspective from Engineering Design
10:00 AM HENRY HANSMANN, Yale University
REINIER KRAAKMAN, Harvard University
RICHARD SQUIRE, U.S. Court of Appeals
Legal Entities, Asset Partitioning, and the Evolution of Organizations
10:30 AM Coffee Break
10:50 AM Discussant: DAVID SCHARFSTEIN, MIT and NBER
11:05 AM Discussant: ULRIKE MALMENDIER, Stanford University
11:20 AM Open Discussion
11:50 AM Lunch
SESSION TWO: Employment
12:50 PM CASEY ICHNIOWSKI, Columbia University and NBER
KATHRYN SHAW, Carnegie Mellon University and NBER
JON GANT, Syracuse University
Working Smarter By Working Together:
Connective Capital in the Workplace
1:20 PM PAUL OYER, Stanford University
SCOTT SCHAEFER, Northwestern University
Why Do Some Firms Give Stock Options To All Employees?
An Empirical Examination of Alternative Theories
1:50 PM Discussant: EDWARD LAZEAR, Stanford University and NBER
2:10 PM Open Discussion
2:30 PM Coffee Break
SESSION THREE: Decision-Making
2:50 PM WOUTER DESSEIN, University of Chicago
Coordination through Authority vs. Consensus
3:20 PM ERIC ZITZEWITZ, Stanford University
Nationalism in Winter Sports Judging and Its Lessons for Organizational Decision Making
3:50 PM ERIC VAN DEN STEEN, MIT
On the Origin and Evolution of Corporate Culture
4:20 PM Discussant: JUDITH CHEVALIER, Yale University and NBER
4:35 PM Discussant: BENJAMIN HERMALIN, UC, Berkeley
4:50 PM Open Discussion
5:20 PM Adjourn
6:00 PM Group Reception and Dinner
Royal Sonesta Hotel- University Room
SATURDAY, NOVEMBER 23:
8:30 AM Continental Breakfast
SESSION FOUR: Contract Economics
9:00 AM W. BENTLEY MACLEOD, University of Southern California
Optimal Contracting with Subjective Evaluation
9:30 AM FRANCINE LAFONTAINE, University of Michigan and NBER
SCOTT MASTEN, University of Michigan
10:00 AM DANIEL ELFENBEIN, Harvard University
JOSH LERNER, Harvard University and NBER
Ownership and Control Rights in Internet Portal Alliances, 1995-1999
10:30 AM Coffee Break
10:50 AM Discussant: JONATHAN LEVIN, Stanford University
11:05 AM Discussant: TIMOTHY BRESNAHAN, Stanford University and NBER
11:20 AM Open Discussion
11:50 AM Lunch
SESSION FIVE: Beyond Firms
12:50 PM DARON ACEMOGLU, MIT and NBER
MICHAEL KREMER, Harvard University and NBER
ATIF MIAN, University of Chicago
Markets, Firms and Governments
1:20 PM CANICE PRENDERGAST, University of Chicago and NBER
Selection and Oversight in the Public Sector, With The Los Angeles Police Department as an Example
1:50 PM Discussant: BARRY WEINGAST, Stanford University
2:10 PM Open Discussion
2:30 PM Coffee Break
SESSION SIX: Structure and Processes
2:50 PM LUIS GARICANO, University of Chicago
THOMAS HUBBARD, University of Chicago and NBER
Specialization, Firms, and Markets:
The Division of Labor Within and Between Law Firms
3:20 PM ALLEN BERGER and NATHAN MILLER, Federal Reserve Board
MITCHELL PETERSEN, Northwestern University and NBER
RAGHURAM RAJAN, University of Chicago and NBER
JEREMY STEIN, Harvard University and NBER
Does Function Follow Organizational Form?
Evidence From the Lending Practices of Large and Small Banks
3:50 PM RAGHURAM RAJAN, University of Chicago and NBER
JULIE WULF, University of Pennsylvania
The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies
4:20 PM Discussant: MICHAEL WHINSTON, Northwestern University and NBER
4:35 PM Discussant: GEORGE BAKER, Harvard University and NBER
4:50 PM Open Discussion
5:20 PM Adjourn
11/20/02