This article develops an empirical model of firms’ choice of corporate laws under inertia. Delaware dominates the incorporation market, though recently Nevada, a state whose laws are highly protective of managers, has acquired a sizable market share. Using a database of firm incorporation...

In a market for differentiated products, firms have the ability to collude on the choice of products offered in addition to or in lieu of colluding on the prices charged for those products. However, the empirical literature has only considered price collusion. This dissertation proposes a...