THEORY AND APPLICATIONS OF CONTRACTS CONFERENCE

University of Bristol

Conference location: Wills Reception Room, Clifton Hill House, Lower Clifton Hill, Bristol BS8 1BX

Timings: Speaker 30 min, Discussant 8 min, Q&A 7 min.  Please provide paper for the discussant by 2 May.

Thursday 16 May

9:30 - 9:55  Registration

9:55 - 10:00  Opening remarks

Paul Grout (Bristol & Bank of England) and Maija Halonen-Akatwijuka (Bristol)

 

10:00 – 11:00  Keynote lecture

Chair: Maija Halonen-Akatwijuka (Bristol)

Bob Gibbons (MIT): Managing Interpretation in Contracts (and Other Organized Activities)

 

 11:00 – 11:30 coffee

 

11:30 – 13:00 Panel Discussion AI, Digital Business and Contracts 

Chair: Renata Kosova (Imperial)

Patrick Bolton (Columbia & Imperial)

Gilles Chemla (Imperial)

Tim Cummins (World Commerce and Contracting)

 

13:00 – 14:00 lunch

 

14:00 – 15:30 Session 1  Ownership and Specific Investments

Chair: Paul Grout (Bristol)

Jan Bena (British Columbia): Relationship-Specific Investments and Firms’ Boundaries: Evidence from Textual Analysis of Patents

Discussant: Giorgio Zanarone (HEC Lausanne)

Evagelos Pafilis (King’s College London) Who Should Own the Past? 

Discussant: Patrick Bolton (Columbia & Imperial)

 

15:30 – 16:00 coffee

 

16:00 –16:45 Session 2   Franchising and No-Poaching Clauses 

Chair:Renata Kosova (Imperial)

Francine Lafontaine (Michigan Ross) No-Poaching Clauses in Franchise Contracts, Anticompetitive or Efficiency Enhancing?  

Discussant: Lars Nesheim (Bristol)

 

18:15  Dinner

 

 

Friday 17 May  

 

10:00 - 11:30  Session 3  Markets and Relationships

Chair: In-Uck Park (Bristol)

Topi Miettinen (Hanken): Markets and Hierarchies: A Simple Model of Governance

Discussant: Ricardo Alonso (LSE)

Rocco Macchiavello (LSE): Relationships and Responsibility   

Discussant: Silke Forbes (Tufts)  

 

11:30 – 12:00 coffee

 

12:00 – 13:00  Panel Discussion Contracts and Relationships in the Public Sector 

Chair: Sir Oliver Hart (Harvard)

Michael Gibson (Oxford)

Paul Grout (Bristol & Bank of England)

Albert Sanchez Graells (Bristol Law)

13:00 – 14:00 Lunch 

Organisers:

Patrick Bolton (Columbia & Imperial)

Paul Grout (Bristol & Bank of England)

Maija Halonen-Akatwijuka (Bristol)

Sir Oliver Hart (Harvard)

Renata Kosova (Imperial)

 

Funders:

Faculty of Social Sciences and Law, University of Bristol

Imperial College London -  Business School

School of Economics, University of Bristol

 

Participants:

Ricardo Alonso (LSE)

Jan Bena (British Columbia)

Carsten Bienz (NHH)

Patrick Bolton (Columbia & Imperial)

Alina Bondarenko (Bristol Law)

Gilles Chemla (Imperial)

Tim Cummins (World Commerce and Contracting)

Tore Ellingsen (Stockholm School of Economics)

Silke Forbes (Tufts)  

Bob Gibbons (MIT)

Michael Gibson (Oxford)

Francesco Giovannoni (Bristol)

Paul Grout (Bristol & Bank of England)

Maija Halonen-Akatwijuka (Bristol)

Sir Oliver Hart (Harvard)

Muhammad Haseeb (Bristol)

Jiaying Hou (Bristol)

Ilias Ioannou (Bristol Law)

Nicholas Jones (Bristol)

Renata Kosova (Imperial)

Francine Lafontaine (Michigan Ross)

Alastair Langtry (Bristol)

Changwa Lee (Bristol)

Rocco Macchiavello (LSE)

Topi Miettinen (Hanken)

Yusuke Mori (Ritsumeikan)

Lars Nesheim (Bristol)

Evagelos Pafilis (King’s College London)

In-Uck Park (Bristol)

Mike Peacey (Bristol)

Katie Richards (Bristol Law)

Albert Sanchez Graells (Bristol Law)

Ameek Singh (LSE)

Alessia Testa (Bristol)

Julia Wirtz (Bristol)

Tim Worrall (Edinburgh)

Ania Zalewska (Leicester)

Giorgio Zanarone (HEC Lausanne)