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The paper analyses the effects of asymmetric competition on food industry with product substitutability by establishing a two-stage dynamic game model. The equilibrium is captured under both the Courn...
We estimate the value of competition in United States Forest Service (USFS) timber auctions, in the context of the Reagan administration’s bailout of firms that faced substantial losses on existing co...
We present a market design for an open access wireless market. Open access means that in real time, network capacity cannot be withheld—network throughput is priced dynamically by the marginal dem...
Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective auction design recognizes the importance of competition, not only in the auction but als...
This paper is provided in connection with the 2007 Telecommunications SymposiumVoice, Video and Broadband: The Changing Competitive Landscape and Its Impact on Consumers, sponsored by the Antitrust ...
The results of infrastructure modernization comparisons and revenue comparisons are consistent with the view that the historically pro-competition states delivered benefits to their consumers in the...
This report responds to the Terms of Reference (TOR) attached to the end of this document as an appendix. The objective of the TOR is “to identify an action plan for activities to be undertaken by...
Thank you for the opportunity to speak on retail electricity market design. The primary goal of this process should be to create a retail market infrastructure that enhances rather than detracts fro...
Explaining the Gender Gap in Math Test Scores:The Role of Competition.
We examine whether men and women of the same ability differ in their selection into a competitive environment. Participants in a laboratory experiment solve a real task, first under a noncompetitive p...
Matching and Price Competition     Matching  Price Competition       2015/7/21
We develop a model in which firms set impersonal salary levels before matching with workers. Wages fall relative to any competitive equilibrium while profits rise almost as much, implyin...
This paper analyzes the role of private information in U.S. Forest Service timber auctions. In these auctions, firms bid a per unit price for each timber species. Total bids are computed by mu...
In the first step, the policy functions and the law of motion for the state variables are estimated. In the second step, the remaining structural parameters are estimated using the optimality ...
Economists have made important progress in recent years in building quantitative models of the strategic interaction of sellers in markets that are imperfectly competitive. One important type of model...

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