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Northwestern University economist to give David Kinley Lecture

Mark Reutter, Business & Law Editor
(217) 333-0568; mreutter@illinois.edu

3/15/2000
         
CHAMPAIGN, Ill. — Robert H. Porter, a professor of economics at Northwestern University, will deliver the annual David Kinley Lecture at 5 p.m. March 21 at the Max L. Rowe Auditorium, Law Building, 504 E. Pennsylvania Ave., Champaign. 

The title of his lecture is “The Market for Used Cars:  Lemons or Sweet Deals?  An Empirical Investigation.”

Porter has done studies of collusion, price wars and bidders’ behavior in auctions.  His recent research includes studies of federal auctions of offshore oil and gas leases and how bids are made for highway construction.  He has investigated the strategies of bidders and developed statistical methods for detecting the presence of a bid-rigging scheme.

The lecture, sponsored by the UI department of economics and the College of Commerce and Business Administration, is free and open to the public.