Policy Training Workshop Pricing and Efficiency in Competitive Markets The University of Melbourne 23 September, 2009

Presenters: Peter Bardsley - University of Melbourne Sigmund Fritschy - Dept of Treasury & Finance Jane Harris - Consumer Affairs Victoria Nikos Nikiforakis - University of Melbourne Hadi Yektas - University of Melbourne

Timetable

Trading in the 'Pit Market' - Nikos Nikiforakis

Theory: Markets & Incentives - Hadi Yektas

Markets and Public Policy: Introduction to the Case Studies - Peter Bardsley

Case Study 1: Water Trading in Northern Victoria - Sigmund Fritschy

Case Study 2: Credence Attributes and Market Performance - Jane Harris

Summary of Feedback and Comments from the Workshop