This paper develops a theory of firm selection and growth and embeds it into an international trade framework of …

We study how mandatory online disclosure of supermarket prices affects prices and price dispersion in brick … in price dispersion and a 4% to 5% drop in prices following the transparency regulation. The price drop varied across …, we show that prices declined as more consumers used price-comparison websites, and we highlight the role of media …

-patterns of reserve price formation. We find that chosen reserve prices exhibit both, very sophisticated and 'irrational' behavior … (2008) and are adjusted remarkably nuanced to the resulting sales price pattern. Moreover, reserve prices are too clustered … entitlement effects and the sunk cost fallacy as there is a huge positive effect on the reserve price when the player has been …

. Both modes of innovation are expected to raise a firm's propensity to export. According to new trade theory, we conjecture …

, due to heterogeneous patient response. We create such a framework using two-price programs developed in the economics of … pharmaceutical reimbursement like capitation and value-based pricing. Two-price programs substantially reduce uncertainty for both …

medicines conflicts with traditional sources of arbitrage (e.g., price and income differences) and instead is a form of … regulation, and not by price differences in line with the hypothesis of ‘regulatory arbitrage' …