This story describes the circumstances that led to all five of us starting as editors at the same time, the unexpected things we have found, the unanticipated reactions we have encountered, how we worked as an editorial team, the central role of the editorial office manager, how we managed to...

Both theoretical and empirical evidence suggest that, in markets with standards competition, strong network effects can make the strong grow stronger and even "tip" the market towards a single, winner-take-all standard. We theorize that the presence of conversion technologies will reduce the...

Tunneling behavior, which is defined as the transfer of assets and profits out of a firm for the benefit of the firms controlling shareholders, has become the focus of increasing attention in the theoretical and empirical literature. There are some corporate governance procedures, however, that...

Product bundling is a business strategy that packages (either physically or logically), prices and sells groups of two or more distinct products or services as a single economic entity. This practice exploits variations in the reservation prices and the valuations of a bundle vis-à-vis its...

Informational assumptions are an important aspect of the study of auctions in economictheory. However, there has been limited research into how the assumptions made by theoristsimpact their results. I explore two different aspects of the information available to biddersin auctions. The...

Adaptive learning is important in dynamic models since it is a process that shows the improvement in the understanding of the agents of the model. Whenever there is a dynamic environment, there is a room for improvement through learning. In this thesis I analyze the adaptive learning of the...