Forthcoming Articles

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

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...

We study information flows in an organization with a top management (principal) and multiple subunits (agents) with private information that...

Many industries consist of large firms that compete in multiple geographic markets. Such overlap, defined as multimarket contact (MMC), may...

This paper considers an entry game in which an incumbent firm operates in a number of markets and a potential entrant can enter multiple or...

We investigate how common ownership affects welfare in a vertically related market. Although common ownership mitigates the double...

Most loyalty programs place tight restrictions on the timing of redemption of rewards. The goal of this paper is to understand the motivation...