We analyze the welfare consequences of an increase in the commissions charged by the organizer of an auction …

Hundreds of millions of microenterprises in emerging economies face increased competition from the entry and expansion …, neighborhood shops, confront competition from convenience chains (e.g., 7- Eleven) in Mexico. To address the endogeneity in time … product mix, and informal credit. The welfare gains of convenience chains replacing shops are increasing in household income. …

We use a hazard model to estimate the effect of environmental regulation on the diffusion of membrane cell production … technology in the chlorine manufacturing industry. We estimate the effect of regulation on both the adoption of the membrane … technology at existing plants and on the exit of existing plants using older technologies. We find that environmental regulation …

We perform a controlled experiment to study the welfare effects of competition in a strategic communication environment … misreporting costs. As a result, competition between senders reduces the total welfare. … competition between senders does not increase the amount of information decision-makers obtain. We find evidence of under …