superior market information. Pricing authority is more likely to be delegated to agents when the owner lacks monopoly power and …

given market and time period. We find that the typical price distribution is symmetric and leptokurtic, with a standard …

market can converge to a Pareto-inferior "bad" equilibrium if there are at least three equilibria, which we suggest has … experiment with strategic pricing if market fundamentals are not perfectly known, increasing the chance of reaching the good …

Export firms are often assumed to stabilize destination market prices in the face of nominal exchange rate changes in … order to protect market share. We show that standard tests of such pricing to market fail to discriminate against the …

. I also show that the findings do not simply result from lower factor prices in dense markets, but rather because dense-market …

Economists argue that rich information environments and formal enforcement of contracts are necessary to prevent market … asymmetric information by estimating the value of information in an illegal market with a particularly rich information structure …: the online market for male sex work. We assemble a rich dataset from the largest and most comprehensive online male sex …

This paper empirically investigates the possible market power effects of vertical integration proposed in the …