Forthcoming Articles

This paper characterizes the welfare efficiency of the Cournot equi- librium and provides bounds for the loss in consumer surplus, producer surplus and welfare when the number of firms in the...

We examine how mergers affect quality provision by analyzing five U.S. airline mergers, focusing on on-time performance (OTP). We find that airline mergers have minimal negative impacts on OTP,...

We use a dynamic model to measure the impact of the entry of large stores on incumbents' productivity separate from demand while accounting for local markets and the endogeneity of entry. Using...

We model firm adaptation to local factor markets in which firms care about both the price and availability of inputs. The model is estimated by combining firm and population census data, and...

This study proposes a novel spatial model in which an online retailer competes with heterogeneous brick-and-mortar retailers. Consumers are assumed to be non-uniformly distributed along an urban-...

We consider the implications of platform price discrimination in the context of card platforms. Despite the platform's ability to price discriminate, we show it will set fees for card usage that...

We study when a library consortium increases the aggregate payo§ of the member libraries. We Önd that libraries with similar preferences are likely to lose from building a consortium and that...

In many markets, there are switching costs and network effects. Yet the literature generally deals with them separately. This paper bridges the gap by analyzing their interaction (or "indirect...

We consider contracts for public transport services between a public authority and a transport operator. We build a structural endogenous switching model where the contract choice results from the...

This paper develops direct tests for search behavior in retail gasoline markets. We exploit a unique market-level dataset that allows us to directly measure search intensity with daily web traffic...