We examine price dispersion in a large dataset of Australian domestic airfares. The airlines vary the lowest available fares on successive booking days by restricting the menu of available ticket types, and by changing the prices for some of those types. Our fixed-effects estimator allows us to...

We consider inference for functional proteomics experiments that record protein activation over time following perturbation under different dose levels of several drugs. The main inference goal is the dependence structure of the selected proteins. A critical challenge is the lack of sufficient...

When a utility invests in a large discrete increment of capacity, several years may pass before the additional capacity can be fully used, if the utility's customers need to buy major durable goods to be used jointly with the utility's product. For such a period of adjustment, this study derives...

Trucks provide transport between a pair of cities, with the demand for transport from A to B being more intensive than for the reverse (back-haul) direction . The trucking industry comprises individual owner-drivers, and t here is no restriction on entry. For the two markets, the regulator sets...