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Regular version of the site

109028, Moscow
11 Pokrovsky Boulevard,
Room Т-614
Phone: (495) 628-83-68

Academic Supervisor Konstantin Sonin
First Deputy Dean Sergey Merzlyakov
Deputy Dean for Academic Work Elena Pokatovich
Deputy Dean for Research Daniel Karabekyan
Deputy Dean for International Affairs Ludmila S. Zasimova
Deputy Dean for Undergraduate Studies Elena Burmistrova
Book chapter
Opportunistic Behavior in Public Procurement

Yakovlev A. A., Tkachenko A., Rodionova Y.

In bk.: Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, 2020. P. 1-5.

Working paper
Set-Asides: The Not-So-Clear Side of Public Procurement

Shadrina E. V., Dmitry V. Kashin, Dmitri V. Vinogradov.

Working Papers. SSRN, 2020

ES International Research Seminar Series with Igor Letina, University of Bern

*recommended age
Event ended

Our next speaker in the FES International Seminar Series is Igor Letina who is an Assistant Professor at University of Bern.

His main research interest focuses on applied microeconomic theory, in particular the questions related to economics of innovation and contest design.

Speaker: Igor Letina (University of Bern).

Title:Killer acquisitions and the incentive to innovate (joint with Armin Schmutzler and Regina Seibel, both University of Zurich)

Abstract: Competition policy observers are becoming increasingly concerned about adverse effects of mergers on potential competition. In particular, a lot of attention has been paid to so-called killer acquisitions, where an incumbent firm buys up an innovative start-up and then does not commercialize its research ideas. This paper deals with the effects of killer acquisitions on innovation in a model where an incumbent and an entrant can both invest in multiple research projects. We find that prohibiting killer acquisitions reduces the diversity of research approaches pursued by the firms and thereby the probability of developing breakthrough innovations. These findings have to be weighed against the well-known anti-competitive effect resulting from the elimination of the would-be entrant.

Date: December 16, 2019                                                                                                                                                                                                             
Time: 13:40-15:00                                                                                                                                                                                                                                                                                                                  
 Pokrovka campus, room  T510 (109028, Moscow,  Pokrovsky Boulevard 11)                                                                                                                                                                                                                  
Working language:

For external participants:  to order the pass, please contact Disa Malbakhova dmalbakhova@hse.ru