. The theory demonstrates how to use the observed price dynamics to adjust prices for unobserved quality differences across …This paper studies price and quality differences across international intermediate input suppliers. We develop price … (frictional) price dispersion across suppliers. Using uniquely detailed transaction- level data from the semiconductor industry …

tension between intertemporally price discriminating by designing a subsidy that increases over time and taking advantage of …

arrivals. Each of these arriving consumers then solves a standard discrete choice problem. We present a Bayesian IV estimation … cyclicality. However, observed frequent price and capacity adjustments offset some of this compounding effect …

a large price discount for the good. The combined evidence supports the self-signaling theory whereby price discounts …We empirically test an information economics based theory of social preferences in which ego utility and self …

We examine misconduct in credence good markets with price taking experts. We propose a market-level model in which … price-taking experts extract surplus based on the value of their firm's brand and their own skill. We test the predictions …