Forthcoming Articles

This paper studies the role of taxation in durable good markets with dynamic monopolies. By conditioning the marginal tax rate on the volume...

In this paper we study the effect of differentiation on firms' optimal investments in advertising and product quality in the specific context...

Much of the recent empirical work estimating production functions has used methodologies proposed in two distinct lines of literature: 1) the...

This paper shows that the well-known royalty-stacking problem is not robust to considering licensors with patents of heterogeneous strength...


In current power markets, the bulk of electricity is sold wholesale and transported...

Frequent price promotions force consumers to continuously reassess their preferences over product offerings. When this leads consumers to...

This article seeks to quantify the importance of price information in reducing consumer search costs and equilibrium price dispersion in a...

This paper develops and estimates an industry equilibrium model of manufacturing plants in the Korean electric motor industry from 1991 to...

We examine the incentives for experimentation in the context of innovation and market competition. A monopolist chooses whether to sell early...

We assess the performance of three hospital merger simulation methods by means of a Monte Carlo experiment. We first specify a rich...