We develop a quantitative theory of prices in firm-to-firm trade with bilateral negotiations and two-sided market power. Markups reflect oligopoly and oligopsony forces, with relative bargaining power as weight. Cost pass-through elasticities into import prices can be incomplete or complete,...

Following the changes of regimes in Central Europe, research into border regions has been increasingly adverted. However, various suggestions of researchers came into light on the definition and role of borders. Prior to the changes of regimes, the development of cross-border tourism was...

We study product differentiation in the mutual fund industry. We design a model in which funds with heterogeneous perceived quality can choose their level of product differentiation. In equilibrium, high quality funds choose broad market designs (i.e., low differentiation) appealing to many...

In this chapter we present the main characteristics and problems involved in the study of the arms trade: product definition and data, strategic aspects of the arms trade and regulation. We illustrate these aspects using the latest theoretical and empirical literature on arms trade. The papers...