We study the market for vaccinations considering income heterogeneity on the demand side and monopoly power on the supply side. A monopolist has an incentive to exploit the external effect of vaccinations and leave the poor susceptible in order to increase the willingness to pay of the rich....

The design of US unemployment insurance (UI) policy--which features benefits assigned as a percentage of past wages up to a cap--engenders tests for spillovers from policy variation to workers who are not directly treated. Using variation in state-level UI parameters recorded in state session...

Cannabis is legal to purchase for over 28 percent of U.S. citizens. A central argument used in public campaigns for cannabis legalization has focused on the tax revenue that legal cannabis markets could generate. Recently, some policy makers and politicians have debated switching from...

Firms nowadays are increasingly proactive in trying to strategically capitalize on consumer networks and social interactions. In this paper, we complement an emerging body of research on the engineering of word-of-mouth (WOM) effects by exploring a different angle through which firms can...

The disaster at Fukushima has clearly illuminated some of the issues, which operating an energy market through regionally isolated monopolies give rise to. At the same time, a shift towards renewable energies is increasingly being perceived as necessary in Japan. In order to achieve this...

This paper introduces joint product design and non-linear pricing in the context of sharing markets. Product ecosystems enable user sensing, setting the stage for the control of post-purchase consumption patterns. By varying the degree to which products can be reused and transferred among peers,...

This paper uses tools provided by lattice theory to describe the second-degree price discrimination problem faced by a monopolist seller of a network good, and to give a complete characterization of the optimal contracts it can use. We build a general model in a discrete and a continuous type...

Each agent in a market needs to supplement his skill with a particular skill of another agent to complete his project. A platform matches the agents and allows members of the same match to share their skills. A match is valuable to an agent if he is matched with any agent who possesses a skill...

We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogenous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on...

The design of US unemployment insurance (UI) policy--which features benefits assigned as a percentage of past wages up to a cap--engenders tests for spillovers from policy variation to workers who are not directly treated. We test for and find a pattern of spillovers from state-level UI policy...