2008 3rd Competition Workshop on Quantitative Methods in Competition Analysis

Summary
ㅁ Date : 2008. 6. 18. ~ 6. 20.
ㅁ Venue : Elysian Country Club, Jeju, Korea
ㅁ Participant Countries : China, Indonesia, Mongolia, Pakistan, Singapore, Chinese Taipei, Vietnam

Main Contents
ㅁ Data analysis forms an important part of modern competition policy enforcement, providing a key input into such exercises as delineating markets, estimating competitive effects, and structuring remedies. This seminar aims to familiarize front-line competition enforcers with some of the more common quantitative tools used in competition analysis. Day 1 focuses on the fundamental concepts that form the basis of much of economic analysis of competition policy: demand and supply conditions in a market and the price-setting mechanism, finishing up with a discussion of quantitative analysis of market definition. Day 2 explores in more depth how to gather, organize and use data, focusing specifically on critical loss analysis. Day 3 introduces some basic statistical concepts and techniques used in investigatory and adjudicatory settings. Participants will be issued a laptop computer and will engage in interactive exercises at the close of most lectures.

The objective of the seminar is to give participants a basic level of comfort and understanding of the use of, and limitations of, simple economic tools in competition analysis. Such an understanding is essential for making effective use of data, whether it is analyzed within an agency or presented to an agency by outside parties.