This paper studies the welfare effects of wholesale price discrimination between downstream firms operating under different regulatory systems. I model a monopolistic intermediate good market in which production cost differences between downstream firms may be due to regulatory or technological...

This paper studies information orders in screening models with quasilinear preferences. I amend a general screening problem with a public signal about the agent's type and provide robust rankings of signals from the principal's perspective. The principal prefers one signal to another for any...