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We study competition among a score of firms participating in an online market for a commodity-type memory module. Firms were able to adjust prices continuously; prices determined how the firms were ranked and listed (lowest price listed first), with better ranks contributing to firms' sales....
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We study price dynamics for computer components sold on a price-comparison website. Our fine-grained data -- a year of hourly price data for scores of rival retailers -- allow us to estimate a dynamic model of competition, backing out structural estimates of managerial frictions. The estimated...
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We examine a program that enabled Parent-Teacher Associations (PTAs) in Kenya to hire novice teachers on short-term contracts, reducing class sizes in grade one from 82 to 44 on average. PTA teachers earned approximately one-quarter as much as teachers operating under central government...
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