A corporate leniency program provides relief from government penalties to the first member of a cartel to cooperate with the authorities.
I identify and explore the relationship between two views of brands and advertising, one emphasizing their role in assuring quality and the other emphasizing their role in shifting rents across firms
Regulators and competition authorities often prevent firms with significant market power, or dominant firms, from practicing price discrimination.
We use data from the Italian manufacturing industry to document a positive correlation between delegation and R&D.
The rise of mega-retailers has precipitated a growing literature on large-buyer discounts.
A seller decides the price and sequence in which a product of unknown value is introduced to consumers. Consumers inspect the product before consumption and observe past prices and sales.
This paper compares R&D competition and cooperation when firms can devote resources to a ‘safe’ investment or a risky R&D investment.
We study the impact of reserve prices on the revenue of English auctions using a unique hand-collected database of virtual football players from the online football management game Hattrick.