Do larger markets offer better products? The question has implications for theories of cities and theories of market organization.
Using data on wholesale prices for antibiotics sold to U.S.
We construct a panel of eBay seller histories and examine the importance of eBay's reputation mechanism.
I investigate how procurement costs are affected by the information that buyers reveal about sellers' behavior, in a setting with two sequentially offered contracts for which a seller's privately know
Following the structure of many commodity markets, we consider a few large firms and a competitive fringe of many small suppliers choosing quantities in an infinite-horizon setting subject to demand s
We provide evidence on organizational structure and performance at bank holding companies (BHC's). First, we show that a BHC's member banks benefit from access to internal capital markets.
Renegotiation plays an important role in contract theory, but the empirical study of renegotiation is almost non-existent in the literature.
This paper investigates the effect of uncertainty on the investment decisions of petroleum refineries in the U.S.