Issue 1

March 2019

The Geography of Lender Behavior in Peer-to-Peer Loan Markets

This paper empirically investigates the role of geography in online peer-to-peer loan markets.

Licensing Essential Patents: The Non-Discriminatory Commitment and Hold-Up

Licensors of patents essential to a standard are often required to license on reasonable and non-discriminatory (RAND) terms.

Pricing Schemes and Seller Fraud: Evidence from New York City Taxi Rides

In expert markets, different pricing schemes generate different financial incentives for sellers to defraud consumers.

External Financing Constraints and Firm Innovation

We investigate the effect of individual banks’ affected by the recent financial crisis of 2008/2009 on the innovation activities of their business customers.

The Effect of Fuel Price Changes on Fleet Demand for New Vehicle Fuel Economy

New vehicle purchases by private companies and government agencies, or fleet" buyers, represent a significant percentage of overall new vehicle sales in the United States.