We analyze a model of monopolistic price discrimination where only some consumers are originally sufficiently informed about their preferences, e.g., about their future demand for a utility such as electricity or telecommunication. When more consumers become informed, we show that this benefits...

New regulatory data reveal extensive discriminatory pricing in the foreign exchange derivatives market, in which dealer-banks and their non-financial clients trade over-the-counter. After controlling for contract characteristics, dealer fixed effects, and market conditions, we find that the...

A century ago, and for most of the twentieth century, Ireland was a land of emigration, not immigration. However, in the space of less than a decade in the 2000s, Ireland was transformed from a homogeneous community, where nonnative residents were in a very small minority, to one in which...