Dynamic pricing has enabled transportation network providers (TNPs) to penetrate the taxi market; however, there is limited evidence of how they have changed the behaviors of taxi drivers and how much consumers gain due to competition. First, I document the shift-time changes of taxi drivers...

It is well known that two-sided network effects may turn duopolistic markets into monopolies, but it is still in question under which conditions this occurs in practice. To derive the conditions in which a platform market is tippy, I develop a differential game framework incorporating product...

Pricing and output decisions are often delegated to managers compensated on the basis of sales. Prior literature has shown that when firms are homogeneous, the delegation of pricing or output decisions to managers, compensated on the basis of sales, does not facilitate collusion. We show that...

We collect time-use data for entrepreneurs and their workers in over 1,000 manufacturing firms in urban Uganda. We document limited labor specialization within the firm for establishments of all sizes and argue that this is likely due to the prevalence of product customization. We then develop a...

Proper maintenance schedule is required to improve manufacturing systems’ profitability and productivity. A novel dynamic maintenance strategy is thus developed to incorporate both the single-machine optimization and the whole-system schedule for series–parallel system. Firstly, multiple...