Wind power has been identified as the most cost-efficient form of alternative energy. Americans regularly read news stories about wind power and see newspaper advertisements urging the public to support wind power. Yet because large-scale wind power is relatively new, we do not know how much...

This paper demonstrates the way in which stock-flow matching with endogenous seller entry generates hot and cold spells in house sales. Potential sellers know the number of bidders remaining from the last house sale. If two or more bidders remain, the seller obtains the gains to trade through...