Economic Analysis of Regulation
Organized by Craig Garthwaite and Steve Cicala
Supported by the Smith Richardson Foundation
April 23-24, 2026
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA

Thursday, April 23

7:00 pm

Dinner

Friday, April 24

8:30 am

Continental Breakfast

9:00 am

Beyond the Label: Regulatory Arbitrage in Pharmaceutical Market Entry

Charu N. Gupta, Harvard University
Jennifer L. Kao, University of California, Los Angeles

9:30 am

The Effects of Dialysis Firm Consolidation on Patient Health

Anwita Mahajan, University of California, San Diego
Adrian Rubli, Instituto Tecnológico Autónomo de México (ITAM)
Francisco Garrido, ITAM, Business

10:00 am

Public Procurement vs. Regulated Competition in Selection Markets

José Ignacio Cuesta, Stanford University and NBER
Pietro Tebaldi, Columbia University and NBER

10:30 am

Break

10:45 am

Regulatory Arbitrage within the Firm

Nicola Cetorelli, Federal Reserve Bank of New York
Shohini Kundu, University of California, Los Angeles

11:30 am

Antitrust Enforcement and Product Market Dynamics: Evidence from U.S. Government Procurement

Jonathan Brogaard, University of Utah
Decio Coviello, HEC Montreal
Yunying Huang, Fordham University
Stefano Manfredonia, Fordham NYC

12:15 pm

Lunch

1:15 pm

Housing Supply, Property Insurance, and Exposure to Wildfire Risk

Augusto Ospital, Ludwig-Maximilians-Universität Munich

1:45 pm

How Much Does Permitting Reduce Housing Supply?

Evan J. Soltas, Princeton University and NBER
Jonathan Gruber, Massachusetts Institute of Technology and NBER

2:15 pm

How Housing Supply Expansions Reshape Cities

Marco Giacoletti, University of Notre Dame
Matthijs Korevaar, Erasmus University Rotterdam
Franklin Qian, University of North Carolina at Chapel Hill

2:45 pm

Too Much of a Good Thing: Regulatory Discretion and Monitoring Intensity of Building Inspector Performance

Manuel Barron, Universidad del Pacífico
Guadalupe Bedoya, The World Bank
Paul Gertler, University of California, Berkeley and NBER
Ana Goicoechea, The World Bank

3:15 pm

Break

3:30 pm

Are Crypto Anti-Money Laundering Policies Effective?

John Griffin, University of Texas at Austin
Kevin Mei, University of Texas at Austin
Zirui Wang, University of Texas at Austin

4:00 pm

Regulating Inaction: The Case of Price Walking

Jamie Coen, Imperial College London
Alessandro Gavazza, London School of Economics and Political Science (LSE)
Daniel Gottlieb, London School of Economics and Political Science (LSE)
Tarun Ramadorai, London School of Economics

4:30 pm

Quantifying Deregulation and its Economic Effects: A Large Language Model Approach

Danilo Cascaldi-Garcia, Federal Reserve Board of Governors
Matteo Iacoviello, Federal Reserve Board of Governors

5:00 pm

Adjourn