Forthcoming Articles

We analyze a model in which journals cannot commit to subscription fees when authors (who prefer low subscription fees because this boosts readership) make submission decisions. A hold-up problem...

We study how net neutrality regulations affect a high-bandwidth content provider (CP)'s investment incentives to enhance its quality of services (QoS) in content delivery to end users. We find...

In a Cournot model with differentiated products, we demonstrate that merger efficiencies in the form of lower marginal costs for the merging firms (the insiders) lead to higher post-merger prices...

We establish a model of market competition between large and small firms and investigate the way in which demand substitutability affects how the entry of big firms impacts incumbents. We focus on...

Product-market competition can boost industry growth if firms invest more in innovation. Using a natural policy experiment, the removal of India’s License Raj, we show that firms in liberalized...

We analyze how consumer preferences for one-stop shopping affect the (Nash) bargaining relationships between a retailer and its suppliers. One-stop shopping preferences create "demand...

This article establishes a causal effect of product market competition on vertical integration. I exploit a hitherto unexplored natural experiment in the US coal mining industry and a unique mine-...

It has long been understood in theory that price-match guarantees can be anticompetitive, but to date scant empirical evidence is available outside of some narrow markets. This paper broadens the...

This paper employs a cartel policy experiment, the National Industrial Recovery Act (NIRA) of 1933, to examine whether industries that have trade associations in place prior to cartelization are...

Analyzing panel data of 32,650 checking-account holders facing a menu of three-part tariff contracts, we document several findings that indicate that subscribers use simple heuristics to learn...