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In an environment that features second-degree price discrimination, this paper fully characterizes the set of surplus divisions that can arise from all possible information consumers have about their valuation. By extending the techniques developed in a companion paper (Yang, 2019a), I show that...
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Business-to-business (B2B) e-commerce has gained insignificance throughout the business world, but little research has been doneregarding its viability, commercial potential, and impact on other businesses.This study investigates the firm, context, and innovation characteristics ofB2B...
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Scholars and enforcement officials debate the merits and implications of “behavioral antitrust” — the application of empirical evidence showing how human behavior departs systematically and predictably from strict rationality (“bounded rationality”) to antitrust law. Notwithstanding...
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