This paper studies when a firm delegates quality control to an independent monitor. In a repeated game consumers’ trust provides incentives to acquire information about whether the good is...
This paper studies when a firm delegates quality control to an independent monitor. In a repeated game consumers’ trust provides incentives to acquire information about whether the good is...
Using Canadian plant-level data, this paper shows that, depending on the industry, the differences in the average plant-level productivity and cross-plant allocation of resources between multi-...
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-...
This paper characterizes the optimal investigation and leniency policies when the Competition Authority is privately informed about the strength of a cartel case. We show that the Competition...
We analyze markets with both horizontally and vertically differentiated products under both monopoly and duopoly. In the base model with two consumer types, we identify conditions under which...
