NATIONAL BUREAU OF ECONOMIC RESEARCH



NBER Conference on Organizational Economics



December 12 and 13, 2003



Robert Gibbons , Organizer



Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, Massachusetts



PROGRAM



THURSDAY, DECEMBER 11:



6:30 PM Group Dinner

Davio's Restaurant at the Royal Sonesta Hotel



FRIDAY, DECEMBER 12:



8:30 AM Continental Breakfast

Contract Economics



9:00 AM NICOLAE GARLEANU, University of Pennsylvania

JEFFREY ZWIEBEL, Stanford University

Design and Renegotiation of Debt Covenants

9:30 AM BIRGER WERNERFELT, MIT

Governance of Adjustments



10:00 AM JOSHUA LERNER, Harvard University and NBER

ULRIKE MALMENDIER, Stanford University

Contractibility and Contract Design in Strategic Alliances



10:30 AM Introductions

10:35 AM Break



11:00 AM Discussants: GEORGE BAKER, Harvard University and NBER

REBECCA HENDERSON, MIT and NBER



11:30 AM Open discussion



12:00 N Lunch



Entrepreneurship



1:00 PM EDWARD LAZEAR, Stanford University and NBER

Entrepreneurship





1:30 PM THOMAS HELLMANN, Stanford University

When Do Employees become Entrepreneurs?



2:00 PM Discussant: FIONA SCOTT MORTON, Yale University and NBER



2:20 PM Open discussion



2:40 PM Break



Vertical Integration



3:10 PM POL ANTRAS, Harvard University and NBER

ELHANAN HELPMAN, Harvard University and NBER

Global Sourcing

3:40 PM DARON ACEMOGLU, MIT and NBER

PHILIPPE AGHION, Harvard University and NBER

RACHEL GRIFFITH, Institute for Fiscal Studies

FABRIZIO ZILIBOTTI, Stockholm University

Vertical Integration and Technology: Theory and Evidence



4:10 PM Discussant: ROBERT GERTNER, University of Chicago and NBER



4:30 PM Open discussion



6:00 PM Dinner

Royal Sonesta Hotel

SATURDAY, DECEMBER 13:



8:30 AM Continental Breakfast



Resource Allocation



9:00 AM MARIANNE BERTRAND, University of Chicago and NBER

SENDHIL MULLAINATHAN, MIT and NBER

Cash Flow and Investment Project Outcomes:

Evidence from Bidding on Oil and Gas Leases

9:30 AM MARIANNE BERTRAND, University of Chicago and NBER

ANTIONETTE SCHOAR, MIT and NBER

DAVID THESMAR, ENSAE-CREST

Banking Deregulation and Industry Structure:

Evidence from the French Banking Reforms of 1985

10:00 PM OGUZHAN OZBAS, University of Southern California

Integration, Organizational Process, and Allocation of Resources



10:30 AM Break



11:00 AM Discussants: JEREMY STEIN, Harvard University and NBER

STEVE TADELIS, Stanford University



11:30 AM Open discussion





12:00 N Lunch



Corporate Governance



1:00 PM BENJAMIN HERMALIN, UC, Berkeley

Trends in Corporate Governance

1:30 PM KEVIN J. MURPHY and JAN ZABOJNIK, University of Southern California

Managerial Capital and the Market for CEOs



2:00 PM Discussant: NANCY BEAULIEU, Harvard University and NBER



2:20 PM Open discussion



2:40 PM Break



Culture and Codes



3:10 PM COLIN CAMERER, California Institute of Technology

ROBERTO WEBER, Carnegie Mellon University

Organizational Codes in the Lab

3:40 PM JACQUES CRÉMER, Universite des Sciences Sociales de Toulouse

LUIS GARICANO, University of Chicago

ANDREA PRAT, London School of Economics

Codes in Organizations



4:10 PM Discussant: JOHN ROBERTS, Stanford University



4:30 PM Open discussion



4:50 PM Adjourn













12/10/03