Selected Publications

The Advertising‐Financed Business Model in Two‐Sided Media Markets (with Bruno Jullien);Chapter from Handbook of Media Economics

Product quality, competition, and multi-purchasing, (with Oystein Foros and Hans Jarle Kind), CEPR Discussion Paper 8923  International Economic Review 58.1 (2017): 183-210.

Push-Me Pull-You: Comparative Advertising in the OTC Analgesics Industry, (with Federico Ciliberto, Jura Liaukonyte and Régis Renault), CEPR Discussion Paper 8988    Appendices  Supplement RAND Journal of Economics 47.4 (2016): 1029-1056.

Opaque Selling (with Levent Celik), Information Economics and Policy, doi:10.1016/j.infoecopol.2020.100869

Media See-saws: Winners and Losers in Platform Markets  (with Martin Peitz), 2019; Journal of Economic Theory, 186, doi.org/10.1016/j.jet.2019.104990

Aggregative Games and Oligopoly Theory: Short-run and Long-run Analysis  (with Nisvan Erkal and Daniel Piccinin), 2019; CEPR Discussion Paper 9511, RAND Journal of Economics, 51(2), June 2020, 470-495 doi.org/10.1111/1756-2171.12322

Price Discrimination figures (with Regis Renault), in Handbook in Transport Economics Ch.4 527-560 Eds.  A. de Palma, R. Lindsey, E. Quinet and R. Vickerman; Edward Elgar

The CES distribution circle and its decoupling (with Andre de Palma) Economic Journal, 130, 628, May 2020, 911–936, doi.org/10.1093/ej/ueaa001

Discrete Choice Theory of Product Differentiation  (with A. de Palma and J.F.Thisse), MIT Press  1992

Oligopolistic Competition and the Optimal Provision of Products  (with A. de Palma and Y. Nesterov), Econometrica, 63(6), 1281–1301, 1995

Rent Seeking with Bounded Rationality: An Analysis of the All-Pay Auction (with J. Goeree and C. Holt), Journal of Political Economy, 106(4), 828–853, 1998

Market Provision of Broadcasting: A Welfare Analysis (with Stephen Coate), Review of Economic Studies, 72(4), 947–972, 2005

Advertising Content  (with Regis Renault), American Economic Review, 96(1), 93–113, 2006

Firm Pricing with Consumer Search with Régis Renault; Handbook of Game Theory and Industrial Organization, Luis Corchon and Marco Marini eds., Edward Elgar, 2017

Firm Pricing with Consumer Search with Régis Renault

Media market concentration advertising levels and ad prices  (with Øystein Foros, Hans Jarle Kind, Martin Peitz), International Journal of Industrial Organization (2012) 30(3) 321-325.

Advertising: the Persuasion Game (with Régis Renault)

The Advertising Mix for a Search Good  (with Régis Renault) CEPR paper 8756 Discussion Paper, Management Science, (2013), 59(1), 69-83

Media Mergers and Media Bias with Rational Consumers (Figures or Figures: long version) Extended version  (Figures) (with John McLaren); Journal of the European Economics Association, (2012), 10(4), 831-859.

Information Congestion: open access in a two-sided market  Figures (with Andre de Palma), April 2007; RAND Journal of Economics (2009), 40(4), 688-709.

Entry on Product Differentiation for New Palgrave Dictionary   Thanks to Emily Blanchard, Maxim Engers, Sanjay Jain, and Cat Tyler for their comments.

Market Performance with Multiproduct Firms (Figures) (with Andre de Palma),  Journal of Industrial Economics 54 (1) 95–124 March 2006

Market Provision of Broadcasting: A Welfare Analysis (with Stephen Coate),  Review of Economic Studies 72 (4) 947–972 October 2005; March 2004 Paper (Figures) January 2005 Paper (Figures)  Earlier Version

Participation Games: Market Entry Coordination and the Beautiful Blonde (with Maxim Engers), Journal of Economic Behavior and Organization (2007) 63(1) 120-137

The Economics of Pricing Parking (with Andre de Palma), Journal of Urban Economics (2004) 55(1) 1-20

Efficiency and Surplus Bounds in Cournot Competition (with Regis Renault), Journal of Economic Theory 113 (2) 253-264 Dec 2003 short version or long version-with figures

Price discrimination in transportation figures (in French) (with Regis Renault), "Tarification Discriminante" in La Tarification des Transports: enjeux et defies Ch.5 107-151 Eds. A. de Palma and E. Quinet Economica Paris.

Price Discrimination figures (with Regis Renault),  Handbook in Transport Economics Ch.4 527-560 Eds. Edward Elgar, A.de Palma,R. Lindsey, E. Quinet and R. Vickerman

Advertising Content (with Regis Renault), American Economic Review (2006) 96(1) 93-113

International Pricing with Costly Consumer Arbitrage (with Victor Ginsburgh), Review of International Economics (1999) 7(1) 126-139.

Noisy Directional Learning and the Logit Equilibrium  (with Jacob Goeree and Charles Holt),  Scandinavian Journal of Economics festschrift for Reinhard Selten (2004) 106(3) 581-602

Regulation of television advertising  Ed. Paul Seabright The Economic Regulation of Broadcasting Markets ,  Cambridge University Press (2007) 189-224 

The Media and Advertising: a tale of two-sided markets tables (with Jean J. Gabszewicz) in Handbook of the Economics of Art and Culture (2006), Eds. Victor Ginsburgh and David Throsby Elsevier; North Holland CEPR Discussion Paper 5223

Consumer Surplus and Producer Surplus (with Maxim Engers), Articles for International Encyclopedia of the Social Sciences 2nd Ed (2007) Ed. William A. Darity Jr

Platform Siphoning: Ad-Avoidance and Media Content (with Joshua Gans) CEPR Discussion Papers 7729, American Economic Journal: Microeconomics (2011) 3(4): 1–34

Spatial Modeling in Transportation (with Wesley W. Wilson) Handbook of Transportation Policy and Administration Ed. Jeremy F. Plant, Pennsylvania State University, Harrisburg, (2007) 255-280

Comparative Advertising: Disclosing Horizontal Match Information-long version figures (with Régis Renault),  RAND Journal of Economics (2009) 40(3) 558-581

Differentiated Products International Trade and Simple General Equilibrium Effects (with Nicolas Schmitt) Eds. G. Dow, A. Eckert, Doug West:  Essays in honor of Curt Eaton, University of Toronto Press. (2010) Ch 7 136-59

Competition for Attention in the Information (Overload) Age (with Andre de Palma), CEPR Discussion Paper 7286, RAND Journal of Economics (2012) 43(1): 1-25.

The ABC of complementary products mergers (with Simon Loertscher and Yves Schneider), Economics Letters, (2010) 106(3) 212-215

Spatial Competition Pricing And Market Power in Transportation: A Dominant Firm Model  Figures  (with Wesley W. Wilson), Journal of Regional Science, (2008) 48(2) 367-397

Information Content of Advertising: Empirical Evidence from the OTC Analgesic Industry  (with Federico Ciliberto and Jura Liaukonyte), International Journal of Industrial Organization (2013) 31(5) 355-367

Getting into Your Head(ache): Advertising Content for OTC Analgesics (previous version)

Shouting to be Heard in Advertising (with Andre de Palma), Management Science (2013), 59(7), 1545-1556

Advertising and the Internet  Handbook of Digital Economics Eds. M. Peitz and J. Waldfogel, Ch. 14  355-399, Oxford University Press

Oligopoly and Luce’s Choice Axiom (with Andre de Palma), Regional Science and Urban Economics,  Regional Science and Urban Economics, 42 (2012) 1053-1060

Aggregative Oligopoly Games with Entry (with Nisvan Erkal and Daniel Piccinin)

Competition for Advertisers and for Viewers in Media markets  (Oystein Foros and Hans Jarle Kind) Economic Journal, (2017) 128, 34-54.

Personalized Pricing and Advertising: An Asymmetric Equilibrium Analysis (with Alicia Baik and Nathan Larson), CEPR Discussion Paper 10464, Games and Economic Behavior (2015), 92, 53-73.

Product Line Design (Long Version) (shorter version) (with Levent Celik), Journal of Economic Theory, 157, 517-526, (2015)

Market Power in Transportation: Spatial Equilibrium under Bertrand Competition    (Figures) (with Wesley W. Wilson), Economics of Transportation, Special Issue on Collective Contributions in the Honor of Richard Arnott, 4(1-2), 7-15, March–June 2015

Economic Distributions and Primitive  Distributions in Monopolistic Competition (with André de Palma)

Selected Publications

• The Mystery of the Invisible Hand by Marshall Jevons (pseudonym). Princeton: Princeton University Press, 2014. Paperback version published by Princeton University Press, 2016. Chinese version published by AND Publishing Ltd., 2016. Chinese Simplified version published by Beijing-Time Chinese Press, 2019.
   
• “Craft Beer In The United States: History, Numbers, and Geography,” (w/Carol Horton Tremblay and Victor J. Tremblay), 10 Journal of Wine Economics, 242 (2015).
   
• “The Beer Industry,” in James Brock (ed.) The Structure of American Industry 13^th ed. Long Grove, IL: Waveland Press, 2016. 
   
• “Alfred Marshall: Why He Matters,” Number 67 Faith & Economics, 5 (2016).
   
• “Thirteen Editions of The Structure of American Industry: An I.O. Perspective,” (w/ F.M. Scherer), 49 Review of Industrial Organization, 515 (2016).
   
• “Louis Brandeis and Contemporary Antitrust Enforcement,” (w/ Micah Webber), 33 Touro Law Review, 277 (2017).
   
• “Resale Price Maintenance and the Tenth Anniversary of Leegin.”  Introduction and Editor of Special Issue of the Review of Industrial Organization DOI 10.1007/s11151-017-9569-9 (2017).
   
• “Craft Beer in the USA: Strategic Connections to Macro- and European Brewers,” (w/Carol Horton Tremblay and Victor J. Tremblay) in Christian Garavaglia and Johan Swinnen (eds.) Economic Perspectives on Craft Beer: A Revolution in the Global Beer Industry.  London: Palgrave Macmillan, 2018.
   
• “Predatory Pricing in the Airline Industry: Spirit Airlines v. Northwest Airlines,” (w/ David E. Mills; revised and updated from prior edition) in John E. Kwoka and Lawrence J. White (eds.), The Antitrust Revolution 7^th ed. Oxford: Oxford University Press, 2018.
   
• “Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis,” (w/ Vandy M. Howell) in George Hay (ed.) Special Issue of the Review of Industrial Organization 10.1007/s11151-018-9658-4 (2018).
   
• “Towards an Economic Theory of Amateurism: The NCAA, Antitrust, and the Student-Athlete,” (w/ John P. Bigelow), in CPI Antitrust Chronicle (2020).

Selected Publications

Selected Publications

• "Are Public Subsidies to Higher Education Regressive ?", Education Finance and Policy, Summer 2006
• "Faculty without Students: Resource Allocation in Higher Education", (with Sarah Turner) Journal of Economic Perspectives, Spring 2009
• "Fixed Costs and Hours Constraints", Journal of Human Resources, Fall 2011
• “House Prices and Female Labor Force Participation” ,Journal of Urban Economics, 2014.
• “Parties or Problem Sets: Review Article on How College Works and Paying for the Party”, Journal of Economic Literature, 2017

Selected Publications

• “Looking for Local Labor-Market Effects of NAFTA” (joint with Shushanik Hakobyan). Review of Economics and Statistics 98:4, October 2016, pp. 728-41.
• “Trade Policy and Wage Inequality: A Structural Analysis with Occupational and Sectoral Mobility.” (With Erhan Artuç). Journal of International Economics 97, pp. 278-94, 2015.
• “When is it Optimal to Delegate: The Theory of Fast-track Authority.” (With Levent Çelik and Bilgehan Karabay.) American Economic Journals: Microeconomics, August 2015.

Selected Publications

Selected Publications

• “A Competitive Theory of the Housing Market,” American Economic Review, LIX (September 1969), 612-22
• "An Econometric Analysis of Rent Control," Journal of Political Economy, LXXX , 1081-1100, Nov./Dec. 1972;
• "The Benefits and Costs of Public Housing in New York City" (with David Barton), Journal of Public Economics, XX, 299-332, April 1983;
• "The Demand and Supply of Housing Services: A Critical Survey of the Empirical Literature" in Handbook in Urban Economics, ed., Edwin S. Mills, Amsterdam: North-Holland, 1987;
• "The Welfare Economics of Equal Access," (with Diane Lim Rogers), Journal of Public Economics, XLV, 91-105, June 1991;
• “Subsidized Housing, Emergency Shelters, and Homelessness: An Empirical Investigation Using Data from the 1990 Census” (with Dirk Early), Advances in Economic Analysis & Policy, 2 (2002), 1-34;
• “Housing Programs for Low-Income Households” in Means-Tested Transfer Programs in the United States, ed., Robert Moffitt, National Bureau of Economic Research (Chicago: University of Chicago Press, 2003);
• "Low-Income Housing Policy," New Palgrave Dictionary of Economics, Second Edition, London:Macmillan, 2008;
• “Fundamental Housing Policy Reforms to End Homelessness” in How to House the Homeless, ed., Ingrid Gould Ellen and Brendan O'Flaherty (New York: Russell Sage, 2010).
• “Geographic Price Variation, Housing Assistance, and Poverty” (with Dirk Early) in Oxford Handbook of the Economics of Poverty, ed., Philip N. Jefferson (Oxford: Oxford University Press, 2012)
• “The Performance and Legacy of Housing Policies” (with Jens Ludwig) in The Legacies of the War on Poverty, ed., Martha Bailey and Sheldon Danziger (New York: Russell Sage, 2013)
• “U. S. Housing Policy” (with Jeff Zabel) in Handbook of Regional and Urban Economics, Volume 5, ed., Giles Duranton, J. Vernon Henderson, and William Strange (Amsterdam: North-Holland, 2015)
• “Racial Rent Differences in U.S. Housing Markets: Evidence from the Housing Voucher Program” (with Paul Carrillo and Dirk Early), Journal of Regional Science, 59(4), (September 2019), 669-700

Oped Pieces

• Flying under the Radar Screen: The BBB Act’s Low-Income Housing Provisions
• UVA Living Wage Q&A (.pdf)
• Housing the Poorest Hurricane Victims (.pdf)
• Housing the Poorest Hurricane Victims-NOW (.pdf)
• Rearranging the Deck Chairs in the Housing Market (.pdf)
• Improving the Housing Provisions of the Stimulus Package (.pdf)
• We Don't Need More Housing Projects

Congressional Testimony

• U.S. Senate Committee on the Budget September 16, 2020

  • Roundtable to Examine Federal Housing Assistance Programs [oral] [written]

• U.S. Senate Committee on Banking, Housing, and Urban Affairs, Subcommittee on Housing, Transportation, and Community Development September 22, 2016

  • Oversight of the HUD Inspection Process [oral] [written]

• U.S. Senate Committee on Appropriations, Subcommittee on Transportation, Housing and Urban Development, and Related Agencies September 21, 2016

  • Housing Vulnerable Families and Individuals: Is There a Better Way? [oral] [written]

• U.S. Senate Committee on Banking, Housing, and Urban Affairs March 12, 2008

  • Oversight of HUD and its Fiscal Year 2009 Budget [oral] [written]

• U.S. House Committee on Government Reform, Subcommittee on Federalism and the Census February 15, 2006 [oral] [written]

  • Living in America: Is Our Public Housing System Up to the Challenges of the 21st Century?

• U.S. House Committee on Financial Services, Subcommittee on Housing and Community Opportunity June 17, 2003

  • The Section 8 Housing Assistance Program: Promoting Decent Affordable Housing for Families and Individuals Who Rent [oral] [written]

• U.S. Senate Committee on Banking, Housing, and Urban Affairs November 29, 2001

  • Housing and Community Development Needs [oral] [written]

• U.S. House Subcommittee on Housing and Community Opportunity, Committee on Financial Services June 21, 2001

  • Housing Affordability and Availability [oral] [written]

Selected Publications

• Ownership Arrangements and Congestion-Prone Facilities, American Economic Review 71 (1981) 493-502. 
• "Industry Structure with Fluctuating Demand," (with Laurence Schumann), American Economic Review 75 (1985) 758-767.
• "Capacity Expansion and the Size of Plants," RAND Journal of Economics 21 (1990) 555-566.
• "Why Retailers Sell Private Labels," Journal of Economics and Management Strategy 4 (1995) 509-528.
• "Price Wars Triggered by Entry," (with Kenneth G. Elzinga), International Journal of Industrial Organization 17 (1999) 179-198.
•  “The Lerner Index of Monopoly Power: Origins and Uses,” (with Kenneth G. Elzinga), American Economic Review: Papers and Proceedings 101 (2011) 558-564.
• “Countervailing Power and Chain Stores,” Review of Industrial Organization, 42 (2013) 281-295.
• “Antitrust Predation and The Antitrust Paradox,” (with Kenneth G. Elzinga) Journal of Law and Economics 57 (2014)
• “Inducing Cooperation with a Carrot Instead of a Stick,” Review of Industrial Organization, 50 (2017) 245-261

Selected Publications

"Dynamics of Public Debt and Economic Growth in Uruguay,” with F. Pietrafesa, V. Queijo and O. Valenci; in Balance and Advance: Tax Reforms in the Southern Cone. Eds. D. Hernaiz Diez de Medina, F. Rodrigues Bastos and A. Schijman. Inter-American Development Bank (forthcoming)
“Testing the Dynamic Relationship Among CO2 Emissions, Economic Growth, Energy Consumption and Tourism Development. Evidence for Uruguay,” with J.G. Brida, and B. Lanzilotta B.; in Strategies in Sustainable Tourism, Economic Growth and Clean Energy, pp. 125-140. Eds. D. Balsalobre-Lorente, O.M. Driha. Springer, Cham (2021).

Selected Publications

Targeting with In-Kind Transfers: Evidence from Medicaid Home Care
April 2019 (with Ethan Lieber), American Economic Review, 109 (4): 1461-1485
NBER working paper #24267

Incidental Bequests and the Choice to Self-Insure Late-Life Risks
September 2018; American Economic Review, 108(9): 2513-2550.
NBER working paper #20745

Government Old-Age Support and Labor Supply: Evidence from the Old Age Assistance Program
August 2018 (with Daniel Fetter); American Economic Review, 108(8): 2174-2211.
Featured in the NBER Digest, in the NBER Reporter, as the AEA Chart of the Week, and by the Institute for Policy Research
NBER working paper #22132

Bequest Motives and the Annuity Puzzle
April 2012; Review of Economic Dynamics, 15(2): 226-243.

Geographic Variation in Health Care: The Role of Private Markets.
Spring 2010 (with Tomas Philipson, Seth Seabury, Darius Lakdawalla, and Dana Goldman)
Brookings Papers on Economic Activity, 325-361.

Selected Publications

“Equilibria Under ‘Active’ and ‘Passive’ Monetary and Fiscal Policies,” Journal of Monetary Economics 27(1): 129-147, 1991

“The Dynamic Impacts of Monetary Policy: An Exercise in Tentative Identification,” Journal of Political Economy 102(6): 1228-1247, 1994

“Fluctuating Macro Policies and the Fiscal Theory,” in Daron Acemoglu, Kenneth Rogoff and Michael Woodford, eds., NBER Macroeconomics Annual 2006 (Cambridge: MIT Press):
247-298

“Generalizing the Taylor Principle,” American Economic Review 97(3): 607-635, 2007

“Fiscal Foresight and Information Flows,” Econometrica 81(3): 1115–1145, 2013

“Clearing Up the Fiscal Multiplier Morass,” American Economic Review 107(8): 2409–2454, 2017

Selected Publications

“Opioid Deaths and Local Health Care Intensity: A Longitudinal Analysis of the U.S. Population, 2003-2014,” with Dajun Lin and Christopher J. Ruhm. Forthcoming at American Journal of Preventive Medicine.
“Breastfeeding, Schooling and Income: Insights from the Indonesian Family Life Survey,” with Randall Lutter, Christopher J. Ruhm and Dajun Lin, Maternal & Child Nutrition, 15.1(2019): e12651.