I exploit a unique data set on the payment card industry to study issues associated with network effects and two-sided markets.
This paper presents a model of competing payment schemes.
I exploit a new station-level, twelve-hourly price dataset to examine the strong retail price cycles in the Toronto gasoline market.
This paper applies Sutton's [1998]‘bounds approach’ to the chemical industry.
In a winner-take-all duopoly for systems in which firms invest to improve their products, a vertically integrated monopoly supplier of an essential system component may have an incentive to advantage
The willingness of consumers to substitute between banks and thrifts and between multimarket and single-market institutions is of strong interest to policymakers, yet little empirical work exists in t
I show that performance incentives vary by decision-making authority of division managers.
