Skip to main content

Real Estate & Planning Research Seminar by Professor Zhiyong Yao Fudan University Title: "Upstream Collusion with Downstream Compensation"


You are cordially invited to attend the Real Estate and Planning Research Seminar by Zhiyong Yao from the School of Management, Fudan University, China.

Zhiyong will be presenting in person, and we would like to encourage you all to attend in-person, although the Seminar will also be available on MS Teams

If you are a guest external to the University and would like to attend our Seminar, please contact our Department School Office at repschooloffice@reading .ac.uk

Zhiyong Yao
Event information
Date 22 May 2024
Time 11:00-12:00 (Timezone: Europe/London)
Venue Henley Business School
Event types:
Seminars

Zhiyong's Bio and Abstract are below, and accompanying Papers attached here Upstream Collusion 20231206

Bio:

Dr. Zhiyong Yao, Professor of Economics, School of Management, Fudan University. He’s got his BA and MA from Beijing University, PhD from UCLA. He studies and teaches Microeconomics and Industrial Economics. He’s published in academic Journals, such as Rand Journal of Economics, Journal of Industrial Economics, Journal of Mathematical Economics, etc.

Abstract:

This paper investigates upstream collusion that needs to compensate downstream firms to prevent anti-trust litigations from them. Our analysis shows that the relationship between cartel incidence and upstream market concentration is non-monotonic and likely to be inverted U-shaped. As the compensation for downstream firms increases, the inverted U-shape becomes more pronounced. Although the compensation reduces the harm of upstream collusion to social welfare and consumer surplus, a small amount of compensation facilitates upstream collusion. These findings have important implications for antitrust policy and market regulation.

You might also like

Coaching Research Series - Ending with GOODBYES: An Exploration into the Ending of the Coaching Relationships - Derek Hill

11 September 2024 · Webinars
Join us for a thought-provoking discussion on a crucial yet often overlooked aspect of coaching – the end of the coaching partnership.
Business professionals Prospective students Student applicant Current students Alumni Researchers

The Courageous Coach – Developing your Courage - Building Skills so you can Coach with more Confidence and Clarity - Melissa Hague

19 September 2024 · Webinars
Is now the moment to step into your courage as a coach? This workshop could be your first step. Drawing on the research of Dr Brené Brown, this session will explore where you want to be more courageous in your coaching practice.
Business professionals Prospective students Current students Alumni Researchers

Coaching Research Series - High Performance Resilience with Neuroscience. Thoughts for Coaches - Dr Etienne van der Walt

26 September 2024 · Webinars
In this webinar with specific focus on coaches, neurologist and CEO of Neurozone, Dr Etienne van der Walt will unpack the nature of true resilience and translate it for practical application in today’s world of business leadership coaching and then circle it back to individual optimization for high performance.
Business professionals Prospective students Current students Alumni Researchers