When consumers do not know the prices at which different firms sell, they often also do not know production costs. Consumer search models which take asymmetric information about production costs into account continue focusing on reservation price equilibria (RPE) and their properties. We argue...

This paper examines the eect of price matching guarantees (PMGs) in a sequential search model. PMGs are simultaneously chosen with prices and some consumers (shoppers) know the rms' decisions before buying, while others (non-shoppers) enter a shop rst before observing a rm's price and whether or...

This paper analyzes dynamic selection effects in markets for credence goods where price structures are determined by a regulator or by central management. There are different types of consumers and each type requires a different service or treatment level. We show that for a large class of price...

This paper examines the optimal sequencing of sales in the presence of network externalities. A firm sells a good to a group of consumers whose payoff from buying is increasing in total quantity sold. The firm selects the order to serve consumers so as to maximize expected sales. It can serve...

We study barriers to labour mobility using panel data on gross region-to-region migration flows in Russia in 1996-2010. Using both parametric and semiparametric methods and controlling for region-to-region pairwise fixed effects, we find a non-monotonic relationship between income and migration....

Contemporary police scholars have argued that it is important to study “how representations of the police and policing are produced and received” (Loader, 1997: 5) and what social meanings are created by them. Police scholars have claimed that police television series produce media images...

The paper (for the first time, to the best knowledge of the author) applies the Duhem-Quine thesis to conventional quantitative methods in political science. As a result, the discussion of methodological problems associated with these methods is implanted into the epistemological issues...

In modern academia, history is occasionally classified as a social science. My aim is to demonstrate why history has not become a ‘real’ social science, although historians who represent the most advanced trends within the discipline aspired to this. Two-faced status of history is...

We consider standard monopolistic competition models with aggregate consumer's preferences dened by two well-known classes of utility functions | the Kimball utility function and the variable elasticity of substitution utility function. It is known that market equilibruim is ecient only for the...

There is now a large literature on the correlates of prenatal androgen exposure and various individual measures of performance in sports, business, or schooling. However, there is still relatively limited evidence of the impact of prenatal androgens on life achievement. Using data from the...