Issue 1

March 2008
Articles: 

PRICE COMPETITION IN U.S. BREWING

This study utilizes a brand-level dataset that captures a unique natural experiment, a 100% increase in the excise tax, to evaluate different pricing models in the U.S. beer industry.

COST PASS-THROUGH IN DIFFERENTIATED PRODUCT MARKETS: THE CASE OF U.S. PROCESSED CHEESE

In this paper, we estimate a mixed logit model for demand in the U.S. processed cheese market.

POST-MERGER PRODUCT REPOSITIONING

This paper analyzes the effects of mergers between firms competing by simultaneously choosing price and location.

LARGE IS BEAUTIFUL: HORIZONTAL MERGERS FOR BETTER EXPLOITATION OF PRODUCTION SHOCKS

The profitability of horizontal mergers is investigated in a situation in which firms face a production shock and therefore are uncertain about their future costs.

PRICES AND ENDOGENOUS MARKET STRUCTURE IN OFFICE SUPPLY SUPERSTORES

We consider the relationship between prices and market structure for office supply superstores in the U.S.

BUDGET CONSTRAINTS AND DEMAND REDUCTION IN SIMULTANEOUS ASCENDING-BID AUCTIONS

The possibility, even if arbitrarily small, of binding budget constraints in simultaneous ascending bid auctions induces strategic demand reduction and generates significant inefficiencies.

THE ROLE OF COST IN DETERMINING WHEN FIRMS OFFER BUNDLES

We model competitive bundling and tying, allowing for marginal cost savings from bundling, fixed costs of product offerings, and variation in customer preferences.

THE VALUE OF PRIVATE INFORMATION IN MONOPOLY

We investigate a basic question about a monopoly with incomplete information: when does the seller have an incentive to allow potential buyers to acquire more private information about their tastes fo

THE EFFECT OF SERVICE QUALITY AND EXPECTATIONS ON CUSTOMER COMPLAINTS

Customer complaints measure consumers' dissatisfaction with the quality of a product or service.