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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Insurance Working Group Meeting

Liran Einav and Kenneth A. Froot, Organizers

April 7-8, 2016

University of Chiciago

Gleacher Center

Room 300

450 North Cityfront Plaza Drive

Chicago, IL

PROGRAM

Thursday, April 7
8:00 am	Continental Breakfast
8:30 am	Anna V. Chorniy, Princeton University Daniel Miller, Clemson University Tilan Tang, Clemson University Mergers in Medicare Part D: Decomposing Market Power, Cost Efficiencies, and Bargaining Power. Discussant: Robin Lee, Harvard University and NBER
9:15 am	Pietro Tebaldi, Stanford University Estimating Equilibrium in Health Insurance Exchanges: Price Competition and Subsidy Design under the ACA Discussant: Mark Shepard, Harvard University and NBER
10:00 am	Break
10:30 am	A. Mitchell Polinsky, Stanford University and NBER Steven Shavell, Harvard University and NBER The Theory of Insurance When Suits Can Be Brought for Losses Suffered Discussant: Daniel Gottlieb, Washington University
11:15 am	Break
11:30 am	Naoki Aizawa, University of Minnesota You Suk Kim, Federal Reserve Board Advertising and Risk Selection in Health Insurance Markets Discussant: Marika Cabral, University of Texas at Austin and NBER
12:15 pm	Michael Geruso, University of Texas at Austin and NBER Timothy J. Layton, Harvard University Upcoding or Selection? Evidence from Medicare on Squishy Risk Adjustment Discussant: Joshua Gottlieb, University of British Columbia and NBER
1:00 pm	Lunch and Panel Discussion on Pandemics – Room 350 Priya Basu, The World Bank Dr. Sam Bogoch, Replikins Nikhil Da Victoria Lobo, Swissre Kenneth Froot, Harvard University and NBER
Joint Session with the Corporate Finance Group in Room 200
3:00 pm	Adriano Rampini, Duke University and NBER S. Viswanathan, Duke University and NBER Guillaume Vuillemey, HEC Paris Risk Management in Financial Institutions Discussant: Adi Sunderam, Harvard University and NBER
3:45 pm	Break
4:00 pm	Sabrina T. Howell, New York University Relaxing Constraints on Risk Management: Evidence from a Natural Experiment Discussant: Jean-Noel Barrot, Massachusetts Institute of Technology
4:45 pm	Viral V. Acharya, New York University and NBER Thomas Philippon, New York University and NBER Matthew P. Richardson, New York University and NBER Measuring Systemic Risk for Insurance Companies Discussant: Jakub Kastl, Princeton University and NBER
5:30 pm	Adjourn
6:00 pm	Group Dinner for the Insurance Working Group – Osteria Via Stato, 620 N State St, Chicago, IL
Friday, April 8 in Room 300
8:15 am	Continental Breakfast
8:45 am	Darius N. Lakdawalla, University of Southern California and NBER Julian Reif, University of Illinois at Urbana-Champaign Daniel Bauer, Georgia State University Mortality Risk, Insurance, and the Value of Life Discussant: Dan Silverman, Arizona State University and NBER
9:30 am	Benjamin L. Collier, University of Pennsylvania Daniel Schwartz, University of Chile Howard Kunreuther, University of Pennsylvania and NBER Erwann Michel-Kerjan, University of Pennsylvania Risk Preference Inconsistencies across Low and High Stakes: Evidence from the Field Discussant: Levon Barseghyan, Cornell University
10:15 am	Break
10:30 am	Amanda Starc, University of Pennsylvania and NBER Robert Town, University of Pennsylvania and NBER Internalizing Behavioral Externalities: Benefit Integration in Health Insurance Discussant: Jonathan Ketcham, Arizona State University
11:15 am	Juan Pablo Atal, University of California at Berkeley Lock-in in Dynamic Health Insurance Contracts: Evidence from Chile Discussant: Igal Hendel, Northwestern University
12:00 n	Lunch and Adjourn – Room 651