Commonwealth Professor of Economics
Monroe Hall, Room 236AHours: Wednesday 1:30 - 2:30pm or by appointment
Fields of Interest
Advertising, Search and Information, Price Dispersion, Media Economics, Industrial Organization
Search Direction: Position Externalities and Position Auction Bias (with Régis Renault); CEPR Discussion Paper 16724 (to be resubmitted to Review of Economic Studies)
Price Discrimination in the Information Age: Prices, Poaching, and Privacy with Personalized Targeted Discounts (with Alicia Baik and Nathan Larson), CEPR Discussion Paper 13793
Price Discrimination in the Information Age: Prices, Poaching, and Privacy with Personalized Targeted Discounts (with Alicia Baik and Nathan Larson), Revised Version forthcoming in Review of Economic Studies
Hybrid Platform Model (with Özlem Bedre-Defolie), CEPR Discussion Paper 27404-1623244227
Economic Distributions, Primitive Distributions, and Demand Recovery in Monopolistic Competition, (with Andre De Palma), CEPR Discussion Paper 15731 (to be resubmitted to Journal of Economic Theory)
Ad Clutter, Time Use, and Media Diversity, (with Martin Peitz), CEPR Discussion Paper 15130 (Revised version forthcoming in American Economics Journal- Micro)
Choosing a Champion: Party Membership and Policy Platform, (with Kieron J. Meagher), CEPR Discussion Paper 8941
Online Trade Platforms: hosting, selling, or both? (with Ozlem Bedre-Defolie), forthcoming International Journal of Industrial Organization
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.
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
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 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.
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
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.
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)