Forthcoming Articles

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We investigate the effect of individual banks’ affected by the recent financial crisis of 2008/2009 on the innovation activities of their business customers. Firms associated with a bank that...

This paper develops a theoretical framework to analyze the link between real-time and dayahead competition in a hydro-based wholesale electricity market. Predictions of the model are tested on a...

This article assesses the impact of a merger in a retail gasoline industry and evaluates the effectiveness of outlet divestitures as remedies. Results show a modest but significant increase in...

Markets prone to asymmetric information employ reputation mechanisms to address adverse selection and moral hazard. In this paper, we use a change in such a reputation mechanism to examine its...