In expert markets, different pricing schemes generate different financial incentives for sellers to defraud customers. Using rich microdata on New York City taxi rides, we examine the difference between trip distance of non-local passengers and that of comparable local passengers, and explore to...

In the dynamic two-sided market environment, overpricing one side of the market not only discourages demand on that side but also discourages participation on the other side. Over time, this process can lead to a death spiral. This paper develops a dynamic structural model of the video game...

We develop a directed search model where buyers purchase goods produced by sellers through intermediaries. The presence of search frictions creates demand uncertainty and makes instantaneous replenishment impossible. To avoid the risk of stockout, an intermediary holds inventory. The...

This paper develops and estimates a structural model of two-sided markets with durable platform intermediaries and affiliated products. It models buyers' purchase decisions of plat- forms and affiliated products and sellers' decisions of price-setting and entry, accounting for the dynamic...