We investigate the factors that, in addition to preferences, affect the extent to which richer households pay more for a given durable good with respect to their expenditures on nondurables, defined as the quality slope. We show theoretically and confirm empirically that the quality slope...

Recent academic research on maritime shipping has been affected by two factors: (i) changes in shipping technology and market structure and (ii) the explosion of new micro data sets in shipping and international trade. This paper describes this research, focusing on containerized and dry-bulk...

We explore theoretically and empirically the within-route price discrimination in liner shipping and condition it on the market density. Using transaction-level data from over 200 Chilean import port-to-port routes, we confirm our theoretical predictions and demonstrate their robustness and...