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James Peck

Not to be confused with: Jamie Peck

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. James Peck & A. Setayesh, 2022. "Online Appendix to "Bank Runs and the Optimality of Limited Banking"," Online Appendices 21-90, Review of Economic Dynamics.

    Cited by:

    1. Muñoz, Manuel A. & Soons, Oscar, 2023. "Public money as a store of value, heterogeneous beliefs, and banks: implications of CBDC," Working Paper Series 2801, European Central Bank.
    2. Huang, Xuesong, 2024. "Sophisticated banking contracts and fragility when withdrawal information is public," Theoretical Economics, Econometric Society, vol. 19(1), January.

  2. Dan Levin & James Peck & Asen Ivanov, 2015. "Separating Bayesian Updating from Non-Probabilistic Reasoning: An Experimental Investigation," Working Papers 776, Queen Mary University of London, School of Economics and Finance.

    Cited by:

    1. Johannes Moser, 2019. "Hypothetical thinking and the winner’s curse: an experimental investigation," Theory and Decision, Springer, vol. 87(1), pages 17-56, July.
    2. Ivanova-Stenzel, Radosveta & Seres, Gyula, 2019. "Are Strategies Anchored?," Rationality and Competition Discussion Paper Series 211, CRC TRR 190 Rationality and Competition.
    3. Alex Rees-Jones & Ran Shorrer & Chloe J. Tergiman, 2020. "Correlation Neglect in Student-to-School Matching," NBER Working Papers 26734, National Bureau of Economic Research, Inc.
    4. Moser, Johannes, 2018. "Hypothetical thinking and the winner's curse: An experimental investigation," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181506, Verein für Socialpolitik / German Economic Association.
    5. Sven Fischer & Werner Güth & Todd R. Kaplan & Ro'i Zultan, 2017. "Auctions and Leaks: A Theoretical and Experimental Investigation Auctions and Leaks: A Theoretical and Experimental Investigation," Jena Economics Research Papers 2017-012, Friedrich-Schiller-University Jena.
    6. Alejandro Martínez-Marquina & Muriel Niederle & Emanuel Vespa, 2017. "Probabilistic States versus Multiple Certainties: The Obstacle of Uncertainty in Contingent Reasoning," NBER Working Papers 24030, National Bureau of Economic Research, Inc.
    7. Evan M. Calford & Timothy N. Cason, 2023. "Contingent Reasoning and Dynamic Public Goods Provision," Purdue University Economics Working Papers 1336, Purdue University, Department of Economics.
    8. Johannes Moser, 2017. "Hypothetical thinking and the winner's curse: An experimental investigation," Working Papers 176, Bavarian Graduate Program in Economics (BGPE).
    9. Onur Sapci, 2021. "The impact of environmental economics class on college students` future temperature expectations," Economics Bulletin, AccessEcon, vol. 41(3), pages 1887-1897.
    10. Moser, Johannes, 2017. "Hypothetical thinking and the winner's curse: An experimental investigation," University of Regensburg Working Papers in Business, Economics and Management Information Systems 36304, University of Regensburg, Department of Economics.
    11. Sven Fischer & Werner Güth & Todd R. Kaplan & Ro'i Zultan, 2021. "Auctions With Leaks About Early Bids: Analysis And Experimental Behavior," Economic Inquiry, Western Economic Association International, vol. 59(2), pages 722-739, April.
    12. Sven Fischer & Werner Guth & Todd R. Kaplan & Ro'i Zultan, 2014. "Auctions And Leaks: A Theoretical And Experimental Investigation," Working Papers 1404, Ben-Gurion University of the Negev, Department of Economics.
    13. Koch, Christian & Penczynski, Stefan P., 2018. "The winner's curse: Conditional reasoning and belief formation," Journal of Economic Theory, Elsevier, vol. 174(C), pages 57-102.
    14. Esponda, Ignacio & Vespa, Emanuel, 2023. "Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory#," University of California at San Diego, Economics Working Paper Series qt32j4d5z2, Department of Economics, UC San Diego.
    15. Sotiris Georganas & Dan Levin & Peter McGee, 2017. "Optimistic irrationality and overbidding in private value auctions," Experimental Economics, Springer;Economic Science Association, vol. 20(4), pages 772-792, December.
    16. Olivier Bochet & Jacopo Magnani, 2021. "Limited Strategic Thinking and the Cursed Match," Working Papers 20210071, New York University Abu Dhabi, Department of Social Science, revised Sep 2021.

  3. Asen Ivanov & Dan Levin & James Peck, 2008. "Hindsight, Foresight, and Insight: An Experimental Study of a Small-Market Investment Game with Common and Private Values," Working Papers 0801, VCU School of Business, Department of Economics.

    Cited by:

    1. Park, Andreas & Sgroi, Daniel, 2008. "Herding and Contrarianism in a Financial Trading Experiment with Endogenous Timing," Economic Research Papers 269879, University of Warwick - Department of Economics.
    2. Jones, Matthew T., 2014. "Strategic complexity and cooperation: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 352-366.
    3. Asen Ivanov & Dan Levin & James Peck, 2010. "Behavioral Biases, Informational Externalities, and Efficiency in Endogenous-Timing Herding Games: an Experimental Study," Working Papers 1004, VCU School of Business, Department of Economics.
    4. Carlos Alós-Ferrer & Johannes Buckenmaier, 2021. "Cognitive sophistication and deliberation times," Experimental Economics, Springer;Economic Science Association, vol. 24(2), pages 558-592, June.
    5. Timothy N. Cason & Tridib Sharma & Radovan Vadovic, 2019. "Corelated beliefs: Predicting outcomes in 2X2 games," Purdue University Economics Working Papers 1321, Purdue University, Department of Economics.
    6. Park, Andreas & Sgroi, Daniel, 2016. "Herding and Contrarian Behavior in Financial Markets: An Experimental Analysis," Economic Research Papers 269716, University of Warwick - Department of Economics.
    7. Daniel Carvalho & Luis Santos-Pinto, 2010. "A Cognitive Hierarchy Model of Behavior in Endogenous Timing Games," Cahiers de Recherches Economiques du Département d'économie 10.06, Université de Lausanne, Faculté des HEC, Département d’économie.
    8. Deng, Zhongqi & Song, Shunfeng & Chen, Yongjun, 2016. "Private participation in infrastructure project and its impact on the project cost," China Economic Review, Elsevier, vol. 39(C), pages 63-76.
    9. Baddeley, M. & Burke, C. & Schultz, W. & Tobler, P., 2012. "Herding in Financial Behaviour: A Behavioural and Neuroeconomic Analysis of Individual Differences," Cambridge Working Papers in Economics 1225, Faculty of Economics, University of Cambridge.
    10. Sotiris Georganas & Paul J. Healy & Roberto A. Weber, 2014. "On the Persistence of Strategic Sophistication," CESifo Working Paper Series 4653, CESifo.
    11. Dan Levin & James Peck & Asen Ivanov, 2015. "Separating Bayesian Updating from Non-Probabilistic Reasoning: An Experimental Investigation," Working Papers 776, Queen Mary University of London, School of Economics and Finance.
    12. Evan M. Calford & Timothy N. Cason, 2023. "Contingent Reasoning and Dynamic Public Goods Provision," Purdue University Economics Working Papers 1336, Purdue University, Department of Economics.
    13. Brindisi, Francesco & Çelen, Boğaçhan & Hyndman, Kyle, 2014. "The effect of endogenous timing on coordination under asymmetric information: An experimental study," Games and Economic Behavior, Elsevier, vol. 86(C), pages 264-281.
    14. Park, Andreas & Sgroi, Daniel, 2012. "Herding, contrarianism and delay in financial market trading," European Economic Review, Elsevier, vol. 56(6), pages 1020-1037.
    15. van Leeuwen, Boris & Offerman, Theo & van de Ven, Jeroen, 2018. "Fight or Flight : Endogenous Timing in Conflicts," Discussion Paper 2018-052, Tilburg University, Center for Economic Research.
    16. Lukas Meub & Till Proeger & Hendrik Hüning, 2017. "A comparison of endogenous and exogenous timing in a social learning experiment," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 12(1), pages 143-166, April.
    17. Cason, Timothy N. & Sharma, Tridib & Vadovič, Radovan, 2020. "Correlated beliefs: Predicting outcomes in 2 × 2 games," Games and Economic Behavior, Elsevier, vol. 122(C), pages 256-276.
    18. Ivanov, Asen & Levin, Dan & Peck, James, 2013. "Behavioral biases in endogenous-timing herding games: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 87(C), pages 25-34.
    19. Daniel Carvalho & Luís Santos-Pinto, 2014. "A cognitive hierarchy model of behavior in the action commitment game," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(3), pages 551-577, August.
    20. Asen Ivanov & Dan Levin & Muriel Niederle, "undated". "Can Relaxation of Beliefs Rationalize the Winner’s Curse?: An Experimental Study," Working Papers 0803, VCU School of Business, Department of Economics.
    21. Ömür Saltık & Wasim ul Rehman & Rıdvan Söyü & Süleyman Değirmen & Ahmet Şengönül, 2023. "Predicting loss aversion behavior with machine-learning methods," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-14, December.

  4. Dan Levin & James Peck, 2005. "Investment Dynamics with Common and Private Values," Levine's Bibliography 666156000000000607, UCLA Department of Economics.

    Cited by:

    1. Park, Andreas & Sgroi, Daniel, 2008. "Herding and Contrarianism in a Financial Trading Experiment with Endogenous Timing," Economic Research Papers 269879, University of Warwick - Department of Economics.
    2. Murto, Pauli & Välimäki, Juuso, 2013. "Delay and information aggregation in stopping games with private information," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2404-2435.
    3. Huanxing Yang, 2010. "Information aggregation and investment cycles with strategic complementarity," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(2), pages 281-311, May.
    4. Wang, Tao, 2017. "Information revelation through bunching," Games and Economic Behavior, Elsevier, vol. 102(C), pages 568-582.
    5. Asen Ivanov & Dan Levin & James Peck, 2010. "Behavioral Biases, Informational Externalities, and Efficiency in Endogenous-Timing Herding Games: an Experimental Study," Working Papers 1004, VCU School of Business, Department of Economics.
    6. Levin, Dan & Peck, James & Ye, Lixin, 2007. "Bad news can be good news: Early dropouts in an English auction with multi-dimensional signals," Economics Letters, Elsevier, vol. 95(3), pages 462-467, June.
    7. Meub, Lukas & Proeger, Till & Hüning, Hendrik, 2013. "A comparison of endogenous and exogenous timing in a social learning experiment," University of Göttingen Working Papers in Economics 167, University of Goettingen, Department of Economics.
    8. Brindisi, Francesco & Çelen, Boğaçhan & Hyndman, Kyle, 2014. "The effect of endogenous timing on coordination under asymmetric information: An experimental study," Games and Economic Behavior, Elsevier, vol. 86(C), pages 264-281.
    9. Pastine, Tuvana, 2005. "Social Learning in Continuous Time: When are Informational Cascades More Likely to be Inefficient?," CEPR Discussion Papers 5120, C.E.P.R. Discussion Papers.
    10. Park, Andreas & Sgroi, Daniel, 2012. "Herding, contrarianism and delay in financial market trading," European Economic Review, Elsevier, vol. 56(6), pages 1020-1037.
    11. Heidhues, Paul & Melissas, Nicolas, 2012. "Rational exuberance," European Economic Review, Elsevier, vol. 56(6), pages 1220-1240.
    12. van Leeuwen, Boris & Offerman, Theo & van de Ven, Jeroen, 2018. "Fight or Flight : Endogenous Timing in Conflicts," Discussion Paper 2018-052, Tilburg University, Center for Economic Research.
    13. Asen Ivanov & Dan Levin & James Peck, 2009. "Hindsight, Foresight, and Insight: An Experimental Study of a Small-Market Investment Game with Common and Private Values," American Economic Review, American Economic Association, vol. 99(4), pages 1484-1507, September.
    14. Lukas Meub & Till Proeger & Hendrik Hüning, 2017. "A comparison of endogenous and exogenous timing in a social learning experiment," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 12(1), pages 143-166, April.
    15. Ivanov, Asen & Levin, Dan & Peck, James, 2013. "Behavioral biases in endogenous-timing herding games: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 87(C), pages 25-34.

  5. Richard McLean & James Peck & Andrew Postlewaite, 2004. "On Price-Taking Behavior in Asymmetric Information Economies," PIER Working Paper Archive 04-040, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    Cited by:

    1. Ehud Kalai, 2006. "Structural Robustness of Large Games," Discussion Papers 1431, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    2. Peck, James, 2014. "A battle of informed traders and the market game foundations for rational expectations equilibrium," Games and Economic Behavior, Elsevier, vol. 88(C), pages 153-173.

  6. James Peck & Karl Shell, 2003. "Bank Portfolio Restrictions and Equilibrium Bank Runs," Levine's Bibliography 666156000000000077, UCLA Department of Economics.

    Cited by:

    1. Hubert J. Kiss & Ismael Rodriguez-Lara & Alfonso Rosa-Garcia, 2021. "Experimental Bank Runs," ThE Papers 21/03, Department of Economic Theory and Economic History of the University of Granada..
    2. Ed Nosal & Bruno Sultanum & David Andolfatto, 2014. "Equilibrium Bank Runs Revisied," 2014 Meeting Papers 1142, Society for Economic Dynamics.
    3. Sawada, Michiru, 2010. "Liquidity risk and bank portfolio management in a financial system without deposit insurance: Empirical evidence from prewar Japan," International Review of Economics & Finance, Elsevier, vol. 19(3), pages 392-406, June.
    4. Markus Kinateder & Hubert János Kiss & Ágnes Pintér, 2020. "Would depositors pay to show that they do not withdraw? Theory and experiment," Experimental Economics, Springer;Economic Science Association, vol. 23(3), pages 873-894, September.
    5. Hitoshi Matsushima, 2018. "Bank Runs and Minimum Reciprocity," CIRJE F-Series CIRJE-F-1099, CIRJE, Faculty of Economics, University of Tokyo.
    6. Ennis, Huberto M. & Keister, Todd, 2003. "Economic growth, liquidity, and bank runs," Journal of Economic Theory, Elsevier, vol. 109(2), pages 220-245, April.
    7. Andolfatto, David & Nosal, Ed, 2006. "Moral Hazard in the Diamond-Dybvig Model of Banking," MPRA Paper 1337, University Library of Munich, Germany.
    8. Kristian Blickle & Markus Brunnermeier & Stephan Luck, 2020. "Micro-evidence from a System-wide Financial Meltdown: The German Crisis of 1931," Working Papers 275, Princeton University, Department of Economics, Center for Economic Policy Studies..
    9. Andrew Feltenstein & Roger Lagunoff, 2003. "International versus Domestic Auditing of Bank Solvency," Macroeconomics 0308002, University Library of Munich, Germany.
    10. Geethanjali Selvaretnam, 2014. "Optimal Reserves and Short-Term Interest Rates in a Model of Bank Runs," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(5), pages 537-558, November.
    11. Kristian S. Blickle & Markus K. Brunnermeier & Stephan Luck, 2022. "Who Can Tell Which Banks Will Fail?," Staff Reports 1005, Federal Reserve Bank of New York.
    12. Douglas D. Davis & Robert Reilly, 2015. "On Freezing Depositor Funds at Financially Distressed Banks: An Experimental Analysis," Working Papers 1501, VCU School of Business, Department of Economics.
    13. Toni Ricardo Eugenio dos Santos & Marcio Issao Nakane, 2019. "Dynamic Bank Runs: an agent-based approach," Working Papers, Department of Economics 2019_07, University of São Paulo (FEA-USP).
    14. Catherine Mathieu & Henri Sterdyniak, 2019. "Economic policies int the Euro Area after the crisis," Sciences Po publications info:hdl:2441/7fs9bl6i6n9, Sciences Po.
    15. Chatterji, S. & Ghosal, S., 2013. "Liquidity, moral hazard and bank crises," SIRE Discussion Papers 2013-85, Scottish Institute for Research in Economics (SIRE).
    16. Huberto M. Ennis & Todd Keister, 2006. "Banking Policy without Commitment: Suspension of Convertibility Taken Seriously," 2006 Meeting Papers 464, Society for Economic Dynamics.
    17. Jiahong Gao & Robert R. Reed, 2023. "Preventing bank panics: The role of the regulator's preferences," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(2), pages 387-422, May.
    18. Todd Keister, 2014. "Bailouts and Financial Fragility," Departmental Working Papers 201401, Rutgers University, Department of Economics.
    19. Garcia-Rosa, Alfonso & Kiss, Hubert Janos & Rodriguez-Lara, Ismael, 2010. "Do Social Networks Prevent Bank Runs?," UMUFAE Economics Working Papers 9723, DIGITUM. Universidad de Murcia.
    20. Voellmy, Lukas, 2021. "Preventing runs with fees and gates," Journal of Banking & Finance, Elsevier, vol. 125(C).
    21. Huberto Ennis & Todd Keister, 2016. "Optimal banking contracts and financial fragility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(2), pages 335-363, February.
    22. Thomas L. Hogan & William J. Luther, 2016. "The Implicit Costs of Government Deposit Insurance," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 31(Summer 20), pages 1-13.
    23. Jasmina Arifovic, 2019. "Evolution of sunspot like behavior in the agent based economies of bank runs," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 365-389, March.
    24. Todd Keister & Huberto M. Ennis, 2008. "Run Equilibria in a Model of Financial Intermediation," 2008 Meeting Papers 513, Society for Economic Dynamics.
    25. Fabrizio Mattesini & Cyril Monnet & Randall Wright, 2009. "Banking: a mechanism design approach," Working Papers 09-26, Federal Reserve Bank of Philadelphia.
    26. Ohashi, Yoshihiro, 2016. "Deposit contract design with relatively partially honest agents," Economics Letters, Elsevier, vol. 146(C), pages 21-23.
    27. Schilling, Linda, 2019. "Optimal Forbearance of Bank Resolution," CEPR Discussion Papers 14244, C.E.P.R. Discussion Papers.
    28. Todd Keister & Yuliyan Mitkov, 2020. "Allocating Losses: Bail-ins, Bailouts and Bank Regulation," ECONtribute Discussion Papers Series 049, University of Bonn and University of Cologne, Germany.
    29. David Andolfatto & Ed Nosal, 2020. "Shadow Bank Runs," Working Papers 2020-012, Federal Reserve Bank of St. Louis.
    30. Todd Keister & Huberto M. Ennis, 2007. "Commitment and Equilibrium Bank Runs," 2007 Meeting Papers 509, Society for Economic Dynamics.
    31. Kang, Minwook, 2020. "Demand deposit contracts and bank runs with present biased preferences," Journal of Banking & Finance, Elsevier, vol. 119(C).
    32. Laurence J. Kotlikoff, 2018. "The Big Con – Reassessing the "Great" Recession and its "Fix"," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-311, Boston University - Department of Economics.
    33. Bruno Sultanum, 2021. "The Cost of Information in the Blockchain: A Discussion of Routledge and Zetlin-Jones," Working Paper 21-02, Federal Reserve Bank of Richmond.
    34. Ghosal, Sayantan & Chatterji, Shurojit, 2008. "Moral hazard, bank runs and contagion," The Warwick Economics Research Paper Series (TWERPS) 836, University of Warwick, Department of Economics.
    35. Bertolai, Jefferson Donizeti Pereira & Cavalcanti, Ricardo de Oliveira, 2013. "Opposite policy implications in the theory of money and banking," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 67(4), November.
    36. Yang Li, 2016. "Asset Returns and Financial Fragility," Departmental Working Papers 201601, Rutgers University, Department of Economics.
    37. Todd Keister & Vijay Narasiman, 2015. "Online Appendix to "Expectations vs. Fundamentals- driven Bank Runs: When Should Bailouts be Permitted?"," Online Appendices 13-73, Review of Economic Dynamics.
    38. Bruno Sultanum, 2014. "Financial fragility and over-the-counter markets," 2014 Papers psu420, Job Market Papers.
    39. Chao Gu & Cyril Monnet & Ed Nosal & Randall Wright, 2019. "On the Instability of Banking and Financial Intermediation," 2019 Meeting Papers 352, Society for Economic Dynamics.
    40. Jungherr, Joachim, 2018. "Bank opacity and financial crises," Journal of Banking & Finance, Elsevier, vol. 97(C), pages 157-176.
    41. Schilling, Linda, 2023. "Smooth versus Harsh Regulatory Interventions and Policy Equivalence," MPRA Paper 116612, University Library of Munich, Germany.
    42. Todd Keister & Cyril Monnet, 2022. "Central Bank Digital Currency: Stability and Information," Working Papers 22.03, Swiss National Bank, Study Center Gerzensee.
    43. Dijk, Oege, 2017. "Bank run psychology," Journal of Economic Behavior & Organization, Elsevier, vol. 144(C), pages 87-96.
    44. Daniel R. Sanches, 2015. "Banking panics and protracted recessions," Working Papers 15-39, Federal Reserve Bank of Philadelphia.
    45. Ryuichiro Izumi, 2021. "Opacity: Insurance and Fragility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 146-169, April.
    46. Romeo Matthew Balanquit, 2016. "Threshold Bank-run Equilibrium in Dynamic Games," UP School of Economics Discussion Papers 201607, University of the Philippines School of Economics.
    47. Donaldson, Jason & Piacentino, Giorgia, 2019. "Money Runs," CEPR Discussion Papers 13955, C.E.P.R. Discussion Papers.
    48. Zhang, Yu, 2017. "Asset price risk, banks and markets," Finance Research Letters, Elsevier, vol. 21(C), pages 21-25.
    49. Tarishi Matsuoka & Makoto Watanabe, 2017. "Banking Panics and Liquidity in a Monetary Economy," Tinbergen Institute Discussion Papers 17-091/VII, Tinbergen Institute.
    50. Hitoshi Matsushima, 2018. "Bank Runs and Minimum Reciprocity," CARF F-Series CARF-F-447, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    51. Jess Benhabib & Jianjun Miao & Pengfei Wang, 2016. "Chaotic banking crises and regulations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(2), pages 393-422, February.
    52. Hubert J. Kiss & Ismael Rodriguez-Lara & Alfonso Rosa-Garcia, 2022. "Preventing (Panic) Bank Runs," CERS-IE WORKING PAPERS 2213, Institute of Economics, Centre for Economic and Regional Studies.
    53. Emanuele Brancati & Marco Macchiavelli, 2015. "The Role of Dispersed Information in Pricing Default: Evidence from the Great Recession," Finance and Economics Discussion Series 2015-79, Board of Governors of the Federal Reserve System (U.S.).
    54. Russell Cooper & Hubert Kempf, 2016. "Deposit insurance and bank liquidation without commitment: Can we sleep well?," PSE-Ecole d'économie de Paris (Postprint) hal-01306030, HAL.
    55. Dimitris Anastasiou & Apostolos Katsafados, 2023. "Bank deposits and textual sentiment: When an European Central Bank president's speech is not just a speech," Manchester School, University of Manchester, vol. 91(1), pages 55-87, January.
    56. Andolfatto, David & Nosal, Ed & Sultanum, Bruno, 2017. "Preventing bank runs," Theoretical Economics, Econometric Society, vol. 12(3), September.
    57. Hubert Janos Kiss & Ismael Rodriguez-Lara & Alfonso Rosa-Garcia, 2018. "Who runs first to the bank?," CERS-IE WORKING PAPERS 1826, Institute of Economics, Centre for Economic and Regional Studies.
    58. Gao, Jiahong & Reed, Robert R., 2021. "Sunspot bank runs and fragility: The role of financial sector competition," European Economic Review, Elsevier, vol. 139(C).
    59. Fernando Martin & Aleksander Berentsen & David Andolfatto, 2016. "Financial Fragility in Monetary Economies," 2016 Meeting Papers 1626, Society for Economic Dynamics.
    60. Chao Gu & Cyril Monnet & Ed Nosal & Randall Wright, 2023. "Diamond-Dybvig and Beyond: On the Instability of Banking," FRB Atlanta Working Paper 2023-02, Federal Reserve Bank of Atlanta.
    61. Guilherme Carmona, 2004. "On the Existence of Equilibrium Bank Runs in a Diamond-Dybvig Environment," Finance 0404009, University Library of Munich, Germany.
    62. Syed Ali, Salman, 2007. "Financial Distress And Bank Failure: Lessons From Closure Of Ihlas Finans In Turkey," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 14, pages 2-52.
    63. Mitkov, Yuliyan, 2020. "Inequality and financial fragility," Journal of Monetary Economics, Elsevier, vol. 115(C), pages 233-248.
    64. Arifovic, Jasmina & Jiang, Janet Hua, 2019. "Strategic uncertainty and the power of extrinsic signals– evidence from an experimental study of bank runs," Journal of Economic Behavior & Organization, Elsevier, vol. 167(C), pages 1-17.
    65. Daniel Sanches, 2018. "Banking Panics and Output Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 148-171, July.
    66. Roberto Robatto, 2015. "Financial Crises and Systemic Bank Runs in a Dynamic Model of Banking," 2015 Meeting Papers 483, Society for Economic Dynamics.
    67. Skeie, David R., 2008. "Banking with nominal deposits and inside money," Journal of Financial Intermediation, Elsevier, vol. 17(4), pages 562-584, October.
    68. Cavalcanti, Ricardo de Oliveira & Bertolai, Jefferson Donizeti Pereira & Monteiro, P. K., 2011. "A note on convergence of Peck-Shell and Green-Lin mechanisms in the Diamond-Dybvig model," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 722, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    69. Hubert Janos Kiss & Ismael Rodriguez-Lara & Alfonso Rosa-Garcia, 2013. "Do Social Networks Prevent or Promote Bank Runs?," CERS-IE WORKING PAPERS 1344, Institute of Economics, Centre for Economic and Regional Studies.
    70. Hubert J. Kiss & Ismael Rodriguez-Lara & Alfonso Rosa-Garcia, 2020. "Who withdraws first? Line formation during bank runs," ThE Papers 20/02, Department of Economic Theory and Economic History of the University of Granada..
    71. J. D. P. Bertolai & R. de O. Cavalcanti & P. K. Monteiro, 2019. "Bank runs with many small banks and mutual guarantees at the terminal stage," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(1), pages 125-176, July.
    72. Schilling, Linda, 2024. "Smooth Regulatory Intervention," MPRA Paper 120041, University Library of Munich, Germany.
    73. Zhiguo He & Asaf Manela, 2016. "Information Acquisition in Rumor‐Based Bank Runs," Journal of Finance, American Finance Association, vol. 71(3), pages 1113-1158, June.
    74. Cavalcanti, Ricardo de Oliveira & Monteiro, Paulo Klinger, 2011. "Enriching information to prevent bank runs," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 721, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    75. Parnes, Dror, 2021. "Modeling the contagion of bank runs with a Markov model," The Quarterly Review of Economics and Finance, Elsevier, vol. 81(C), pages 174-187.
    76. Jarrow, Robert & Xu, Liheng, 2015. "Bank runs and self-insured bank deposits," The Quarterly Review of Economics and Finance, Elsevier, vol. 58(C), pages 180-189.
    77. Antoine Martin, 2009. "Reconciling Bagehot and the Fed's Response to September 11," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(2‐3), pages 397-415, March.
    78. Ennis, Huberto M. & Keister, Todd, 2009. "Run equilibria in the Green-Lin model of financial intermediation," Journal of Economic Theory, Elsevier, vol. 144(5), pages 1996-2020, September.
    79. Shirley J. Ho, 2017. "Credibility of voluntary disclosure in financial firms," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 24(1-2), pages 232-247, April.
    80. Anastasiou, Dimitrios & Katsafados, Apostolos G., 2020. "Bank Deposits Flows and Textual Sentiment: When an ECB President's speech is not just a speech," MPRA Paper 99729, University Library of Munich, Germany.
    81. Ryuichiro Izumi & Yang Li, 2021. "Financial Stability with Fire Sale Externalities," Wesleyan Economics Working Papers 2021-002, Wesleyan University, Department of Economics.
    82. Assaf Razin & Itay Goldstein, 2012. "Review Of Theories of Financial Crises," 2012 Meeting Papers 214, Society for Economic Dynamics.
    83. Bertolai, Jefferson Donizeti Pereira & de Melo, Matheus Anthony, 2017. "Fragilidade bancária com (e sem) serviço sequencial," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 71(3), September.
    84. Routledge, Bryan & Zetlin-Jones, Ariel, 2022. "Currency stability using blockchain technology," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    85. Nathalie Janson, 2009. "Internet Banking and the question of Bank Run: lesson from the Northern Rock Bank case," Post-Print hal-00555630, HAL.
    86. Sim, Khai Zhi, 2022. "The optimal bailout policy in an interbank network," Economics Letters, Elsevier, vol. 216(C).
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    144. Nathalie Janson, 2009. "Internet Banking and the question of Bank Run: lesson from the Northern Rock Bank case," Post-Print hal-00555630, HAL.
    145. James Peck & Karl Shell, 2003. "Bank Portfolio Restrictions and Equilibrium Bank Runs," Levine's Bibliography 666156000000000077, UCLA Department of Economics.
    146. Russell Cooper & Hubert Kempf, 2013. "Deposit Insurance and Orderly Liquidation without Commitment: Can we Sleep Well?," NBER Working Papers 19132, National Bureau of Economic Research, Inc.
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    149. Ms. Brenda Gonzalez-Hermosillo & Mr. Vance Martin & Mr. Mardi Dungey & Ms. Renee Fry, 2003. "Characterizing Global Investors' Risk Appetite for Emerging Market Debt During Financial Crises," IMF Working Papers 2003/251, International Monetary Fund.
    150. Carmona, Guilherme, 2007. "Bank failures caused by Large withdrawals: An explanation based purely on liquidity," Journal of Mathematical Economics, Elsevier, vol. 43(7-8), pages 818-841, September.
    151. Sim, Khai Zhi, 2023. "Monetary and fiscal coordination in preventing bank failures and financial contagion," Journal of Macroeconomics, Elsevier, vol. 75(C).
    152. Bucher, Monika & Dietrich, Diemo & Tvede, Mich, 2018. "Coordination failures, bank runs and asset prices," Discussion Papers 39/2018, Deutsche Bundesbank.
    153. Huang, Xuesong, 2024. "Sophisticated banking contracts and fragility when withdrawal information is public," Theoretical Economics, Econometric Society, vol. 19(1), January.
    154. Aloisio Araujo & Wilfredo L. Maldonado & Diogo Pinheiro & Alberto A. Pinto & Mohammad Choubdar Soltanahmadi, 2021. "Refinement of dynamic equilibrium using small random perturbations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 17(3), pages 258-283, September.
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  8. Howard Marvel & James Peck, 2000. "Vertical Control, Retail Inventories & Product Variety," Working Papers 00-09, Ohio State University, Department of Economics.

    Cited by:

    1. Marie-Laure Allain & Patrick Waelbroeck, 2006. "Product Variety and Retail Structure," Working Papers 2006-21, Center for Research in Economics and Statistics.
    2. Marie-Laure Allain & Patrick Waelbroeck, 2006. "Retail structure and product variety," Working Papers hal-00243032, HAL.
    3. Eliana Viviano & Luciana Aimone Gigio & Emanuela Ciapanna & Daniele Coin & Fabrizio Colonna & Federica Lagna & Raffaele Santioni, 2012. "The retail trade sector and the food industry in Italy," Questioni di Economia e Finanza (Occasional Papers) 119, Bank of Italy, Economic Research and International Relations Area.

  9. Deneckere,R. & Peck,J., 1998. "Demand uncertainty, endogenous timing and costly waiting : jumping the gun in competitive markets," Working papers 22, Wisconsin Madison - Social Systems.

    Cited by:

    1. Thomas J. Miceli & Kathleen Segerson, 2005. "Do Exposure Suits Produce a "Race to File"? An Economic Analysis of a Tort for Risk," RAND Journal of Economics, The RAND Corporation, vol. 36(3), pages 613-627, Autumn.

  10. Matthew O. Jackson & James Peck, 1997. "Asymmetric Information in a Competitive Market Game: Reexamining the Implications of Rational Expectations," Microeconomics 9711004, University Library of Munich, Germany.

    Cited by:

    1. Meirowitz, Adam, 2005. "Deliberative Democracy or Market Democracy: Designing Institutions to Aggregate Preferences and Information," Papers 03-28-2005, Princeton University, Research Program in Political Economy.
    2. Muendler, Marc-Andreas, 2008. "Risk-neutral investors do not acquire information," Finance Research Letters, Elsevier, vol. 5(3), pages 156-161, September.
    3. Shorish, Jamsheed, 2006. "Functional Rational Expectations Equilibria in Market Games," Economics Series 186, Institute for Advanced Studies.
    4. Richard McLean & James Peck & Andrew Postlewaite, 2004. "On Price-Taking Behavior in Asymmetric Information Economies," PIER Working Paper Archive 04-040, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    5. Levin, Dan & Peck, James & Ye, Lixin, 2007. "Bad news can be good news: Early dropouts in an English auction with multi-dimensional signals," Economics Letters, Elsevier, vol. 95(3), pages 462-467, June.
    6. Bond, Philip & Eraslan, Hülya, 2010. "Information-based trade," Journal of Economic Theory, Elsevier, vol. 145(5), pages 1675-1703, September.
    7. George M. Mukupa & Elias R. Offen, 2018. "The semi-martingale equilibrium equity premium for risk-neutral investors," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 5(04), pages 1-15, December.
    8. Goenka, Aditya, 2000. "Informed Trading and the "Leakage" of Information," Economics Discussion Papers 8835, University of Essex, Department of Economics.
    9. Christopher Chambers & Paul Healy, 2012. "Updating toward the signal," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(3), pages 765-786, August.
    10. Peck, James, 2014. "A battle of informed traders and the market game foundations for rational expectations equilibrium," Games and Economic Behavior, Elsevier, vol. 88(C), pages 153-173.
    11. Peck, James, 2003. "Large market games with demand uncertainty," Journal of Economic Theory, Elsevier, vol. 109(2), pages 283-299, April.
    12. Muendler, Marc-Andreas, 2007. "The possibility of informationally efficient markets," Journal of Economic Theory, Elsevier, vol. 133(1), pages 467-483, March.
    13. Riekhof, Hans-Christian & Riekhof, Marie-Catherine & Brinkhoff, Stefan, 2012. "Predictive Markets: Ein vielversprechender Weg zur Verbesserung der Prognosequalität im Unternehmen?," PFH Forschungspapiere/Research Papers 2012/07, PFH Private University of Applied Sciences, Göttingen.

  11. Deneckere, R. & Marvel, H.P. & Peck, J., 1995. "Demand Uncertainty and Price Maintenace : Markdowns as Destructive Competition," Working papers 9507, Wisconsin Madison - Social Systems.

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    1. Amir Heiman, 2010. "The economics of demonstrations: The effect of competition on demonstration and pricing strategies," Marketing Letters, Springer, vol. 21(4), pages 351-363, December.
    2. Hagspiel, Verena & Kort, Peter M. & Nunes, Cláudia & Pimentel, Rita & Støre, Kristian, 2021. "Capacity optimization of an innovating firm," International Journal of Production Economics, Elsevier, vol. 233(C).
    3. Rajeev K. Goel & James R. Jones, 2022. "Managing the risk of COVID‐19 via vaccine passports: Modeling economic and policy implications," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 2578-2586, September.
    4. Raff, Horst & Schmitt, Nicolas, 2005. "Why Parallel Trade May Raise Producers' Profits," Economics Working Papers 2005-07, Christian-Albrechts-University of Kiel, Department of Economics.
    5. Mahesh Nagarajan & Yehuda Bassok, 2008. "A Bargaining Framework in Supply Chains: The Assembly Problem," Management Science, INFORMS, vol. 54(8), pages 1482-1496, August.
    6. Alexandra Kontolaimou & Pródromos-Ioánnis Prodromídis & Ioanna Konstantakopoulou, 2019. "The issue of fixed book pricing: Evidence based on the Greek experience," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 13(2), pages 102-120, December.
    7. Zhan Qu & Horst Raff & Nicolas Schmitt, 2017. "Incentives through Inventory Control in Supply Chains," CESifo Working Paper Series 6705, CESifo.
    8. Canoy, M.F.M. & van Ours, J.C. & van der Ploeg, F., 2005. "The Economics of Books," Other publications TiSEM 95f0e505-7338-4730-8b94-6, Tilburg University, School of Economics and Management.
    9. Edward Schlee, "undated". "Expected Consumer's Surplus as an Approximate Welfare Measure," Working Papers 2133375, Department of Economics, W. P. Carey School of Business, Arizona State University.
    10. Leibbrandt, Andreas, 2020. "Behavioral constraints on price discrimination: Experimental evidence on pricing and customer antagonism," European Economic Review, Elsevier, vol. 121(C).
    11. Dixie Button, 2022. "Price sensitivities of the consumer in a tourist market," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 21(3), pages 291-298, June.
    12. Patrick Rey & Thibaud Vergé, 2010. "Resale Price Maintenance And Interlocking Relationships," Journal of Industrial Economics, Wiley Blackwell, vol. 58(4), pages 928-961, December.
    13. A H L Lau & H-S Lau & J-C Wang, 2007. "Some properties of buyback and other related schemes in a newsvendor-product supply chain with price-sensitive demand," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(4), pages 491-504, April.
    14. Cao, Wen & Jiang, Bo & Zhou, Deming, 2010. "The effects of demand uncertainty on channel structure," European Journal of Operational Research, Elsevier, vol. 207(3), pages 1471-1488, December.
    15. Gong, Binlei, 2018. "Interstate competition in agriculture: Cheer or fear? Evidence from the United States and China," Food Policy, Elsevier, vol. 81(C), pages 37-47.
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    17. David E. Mills, 2017. "Inducing Cooperation with a Carrot Instead of a Stick," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 50(2), pages 245-261, March.
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    19. Beck, Jonathan, 2008. "Diderot´s rule," Discussion Papers, Research Unit: Competition and Innovation SP II 2008-13, WZB Berlin Social Science Center.
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    22. Boonman, Hettie J. & Siddiqui, Afzal S., 2017. "Capacity optimization under uncertainty: The impact of operational time lags," European Journal of Operational Research, Elsevier, vol. 262(2), pages 660-672.
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    24. Andreas Leibbrandt, 2016. "Behavioral Constraints on Pricing: Experimental Evidence on Price Discrimination and Customer Antagonism," CESifo Working Paper Series 6214, CESifo.
    25. Françoise Benhamou, 2015. "Fair use and fair competition for digitized cultural goods: the case of eBooks," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(2), pages 123-131, May.
    26. QU, Zhan & RAFF, Horst & SCHMITT, Nicolas, 2016. "A Theory of Intermediation in Supply Chains Based on Inventory Control," Discussion paper series HIAS-E-40, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    27. Frederick van der Ploeg, 2003. "Beyond the Dogma of the Fixed Book Price Agreement," CESifo Working Paper Series 949, CESifo.
    28. Howard Marvel, 2003. "On the Economics of Branded Open Supply," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 10(2), pages 213-223.
    29. Hagspiel, V. & Huisman, Kuno & Kort, Peter M. & Nunes, Claudia & Pimentel, Rita, 2018. "Product Innovation of an Incumbent Firm : A Dynamic Analysis," Other publications TiSEM 6672723a-263b-4eb9-90a1-4, Tilburg University, School of Economics and Management.
    30. Jiri Chod & David Pyke & Nils Rudi, 2010. "The Value of Flexibility in Make-to-Order Systems: The Effect of Demand Correlation," Operations Research, INFORMS, vol. 58(4-part-1), pages 834-848, August.
    31. Wang, Hao, 2004. "Resale price maintenance in an oligopoly with uncertain demand," International Journal of Industrial Organization, Elsevier, vol. 22(3), pages 389-411, March.
    32. Bar-Isaac, Heski & Asker, John, 2016. "Vertical Information Restraints: Pro- and Anti-Competitive Impacts of Minimum Advertised Price Restrictions," CEPR Discussion Papers 11579, C.E.P.R. Discussion Papers.
    33. Wu, Desheng, 2013. "Coordination of competing supply chains with news-vendor and buyback contract," International Journal of Production Economics, Elsevier, vol. 144(1), pages 1-13.
    34. Inderst, Roman & Pfeil, Sebastian, 2014. "An "Image Theory" of RPM," MPRA Paper 54139, University Library of Munich, Germany.
    35. David Andrés Camargo Mayorga & Johan Ricardo Páez Castillo & Ángel David Roncancio García, 2010. "Consideraciones teóricas y empíricas acerca del Resale Price Maintenance," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, December.
    36. Lau, Amy Hing Ling & Lau, Hon-Shiang & Zhou, Yong-Wu, 2007. "A stochastic and asymmetric-information framework for a dominant-manufacturer supply chain," European Journal of Operational Research, Elsevier, vol. 176(1), pages 295-316, January.
    37. Huberts, N.F.D. & Dawid, H. & Huisman, K.J.M. & Kort, P.M., 2019. "Entry deterrence by timing rather than overinvestment in a strategic real options framework," European Journal of Operational Research, Elsevier, vol. 274(1), pages 165-185.
    38. Hao Wang, 2005. "Retailer Heterogeneity, Intra-Brand Competition and Social Welfare," Journal of Industry, Competition and Trade, Springer, vol. 5(2), pages 87-97, June.
    39. Hyun Jae Doh, 2010. "Multi-Product Retail Competition and Minimum Resale Price Maintenance," Korean Economic Review, Korean Economic Association, vol. 26, pages 361-400.
    40. Heiman, Amir & Ofir, Chezy, 2010. "The effects of imbalanced competition on demonstration strategies," International Journal of Research in Marketing, Elsevier, vol. 27(2), pages 175-187.
    41. Ravi Anupindi & Li Jiang, 2008. "Capacity Investment Under Postponement Strategies, Market Competition, and Demand Uncertainty," Management Science, INFORMS, vol. 54(11), pages 1876-1890, November.
    42. Yuan, Hong & Krishna, Aradhna, 2011. "Price-Matching Guarantees with Endogenous Search: A Market Experiment Approach," Journal of Retailing, Elsevier, vol. 87(2), pages 182-193.
    43. Pingping Shan & Guofu Tan & Simon Wilkie & Michael Williams, 2012. "China’s Anti-Monopoly Law: What is the Welfare Standard?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 41(1), pages 31-52, August.
    44. Haresh Gurnani & Yi Xu, 2006. "Resale price maintenance contracts with retailer sales effort: Effect of flexibility and competition," Naval Research Logistics (NRL), John Wiley & Sons, vol. 53(5), pages 448-463, August.
    45. Marvel, Howard P. & Wang, Hao, 2009. "Distribution contracts to support optimal inventory holdings under demand uncertainty," International Journal of Industrial Organization, Elsevier, vol. 27(5), pages 625-631, September.
    46. Perona, Mathieu, 2010. "Bookshop, blockbusters and readers’ tastes: a new appraisal of the fixed book price," MPRA Paper 40308, University Library of Munich, Germany, revised 22 Sep 2010.
    47. Shao, Xiao-Feng & Ji, Jian-Hua, 2009. "Effects of sourcing structure on performance in a multiple-product assemble-to-order supply chain," European Journal of Operational Research, Elsevier, vol. 192(3), pages 981-1000, February.
    48. V. Padmanabhan & I. P. L. Png, 2004. "Reply to “Do Returns Policies Intensify Retail Competition?”," Marketing Science, INFORMS, vol. 23(4), pages 614-618, January.
    49. Subhajyoti Bandyopadhyay & Anand A. Paul, 2010. "Equilibrium Returns Policies in the Presence of Supplier Competition," Marketing Science, INFORMS, vol. 29(5), pages 846-857, 09-10.
    50. John Asker & Heski Bar-Isaac, 2010. "Exclusionary Minimum Resale Price Maintenance," NBER Working Papers 16564, National Bureau of Economic Research, Inc.
    51. James D. Dana Jr. & Eugene Orlov Jr., 2014. "Internet Penetration and Capacity Utilization in the US Airline Industry," American Economic Journal: Microeconomics, American Economic Association, vol. 6(4), pages 106-137, November.
    52. Xiang Fang & Jun Ru & Yunzeng Wang, 2021. "The Effect of List Price on Channel Performance with Consignment," Production and Operations Management, Production and Operations Management Society, vol. 30(1), pages 235-252, January.
    53. Tatsuhiko Nariu & David Flath & Atsuo Utaka, 2009. "Returns System with Rebates," ISER Discussion Paper 0744, Institute of Social and Economic Research, Osaka University.
      • Tatsuhiko Nariu & David Flath & Atsuo Utaka, 2012. "Returns System With Rebates," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(4), pages 1243-1256, November.
    54. John Asker & Heski Bar-Isaac, 2012. "Vertical Practices Facilitating Exclusion," Working Papers 12-20, New York University, Leonard N. Stern School of Business, Department of Economics.
    55. Angela Acocella & Chris Caplice & Yossi Sheffi, 2022. "The end of 'set it and forget it' pricing? Opportunities for market-based freight contracts," Papers 2202.02367, arXiv.org.
    56. Harish Krishnan & Ralph A. Winter, 2010. "Inventory Dynamics and Supply Chain Coordination," Management Science, INFORMS, vol. 56(1), pages 141-147, January.
    57. Krishnan S. Anand & Karan Girotra, 2007. "The Strategic Perils of Delayed Differentiation," Management Science, INFORMS, vol. 53(5), pages 697-712, May.
    58. Hao Wang, 2001. "Resale Price Maintenance in an Oligopoly with Uncertain Demand," Working Papers 01-11, Ohio State University, Department of Economics.
    59. Raskovich, Alexander, 2007. "Retail buyer power through steering," Economics Letters, Elsevier, vol. 96(2), pages 221-225, August.
    60. Edward E. Schlee, 2013. "Surplus Maximization and Optimality," American Economic Review, American Economic Association, vol. 103(6), pages 2585-2611, October.
    61. Marvel, Howard P., 1995. "Tying, franchising, and gasoline service stations," Journal of Corporate Finance, Elsevier, vol. 2(1-2), pages 199-225, October.
    62. James D. Dana & Kathryn Spier, 2000. "Revenue Sharing, Demand Uncertainty, and Vertical Control of Competing Firms," Econometric Society World Congress 2000 Contributed Papers 1511, Econometric Society.
    63. Xiao, Tiaojun & Yang, Danqin, 2008. "Price and service competition of supply chains with risk-averse retailers under demand uncertainty," International Journal of Production Economics, Elsevier, vol. 114(1), pages 187-200, July.
    64. Heywood, John S. & Wang, Shiqiang & Ye, Guangliang, 2018. "Resale price maintenance and spatial price discrimination," International Journal of Industrial Organization, Elsevier, vol. 57(C), pages 147-174.
    65. Jan A. Van Mieghem & Maqbool Dada, 1999. "Price Versus Production Postponement: Capacity and Competition," Management Science, INFORMS, vol. 45(12), pages 1639-1649, December.
    66. Yong Liu & Michael J. Fry & Amitabh S. Raturi, 2006. "Vertically restrictive pricing in supply chains with price‐dependent demand," Naval Research Logistics (NRL), John Wiley & Sons, vol. 53(6), pages 485-501, September.
    67. Huberts, Nick F.D. & Rossi Silveira, Rafael, 2023. "How economic depreciation shapes the relationship of uncertainty with investments’ size & timing," International Journal of Production Economics, Elsevier, vol. 260(C).
    68. Howard P. Marvel & Hao Wang, 2007. "Inventories, Manufacturer Returns Policies, and Equilibrium Price Dispersion under Demand Uncertainty," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(4), pages 1031-1051, December.
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    74. Boonman, H.J. & Hagspiel, V. & Kort, P.M., 2015. "Dedicated vs product flexible production technology: Strategic capacity investment choice," European Journal of Operational Research, Elsevier, vol. 244(1), pages 141-152.
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  12. James Peck, 1995. "Competition in Transactions Mechanisms: The Emergence of Price Competition," Working Papers 022, Ohio State University, Department of Economics.

    Cited by:

    1. Simon Loertscher & Andras Niedermayer, 2008. "Fee Setting Intermediaries: On Real Estate Agents, Stock Brokers, and Auction Houses," Discussion Papers 1472, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    2. Peters, Michael & Severinov, Sergei, 1997. "Competition among Sellers Who Offer Auctions Instead of Prices," Journal of Economic Theory, Elsevier, vol. 75(1), pages 141-179, July.
    3. Michael Peters, 1995. "On the Equivalence of Walrasian and Non-Walrasian Equilibria in Contract Markets: The case of Complete Contracts," Working Papers peters-95-01, University of Toronto, Department of Economics.
    4. Germano, Fabrizio, 2003. "Bertrand-edgeworth equilibria in finite exchange economies," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 677-692, July.
    5. Damianov, Damian, 2008. "Seller Competition by Mechanism Design," MPRA Paper 9348, University Library of Munich, Germany.

  13. Forges, F. & Peck, J., 1995. "Correlated equilibrium and sunspot equilibrium," LIDAM Reprints CORE 1140, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

    Cited by:

    1. Thorsten Hens & Beate Pilgrim, "undated". "Subsidizing Charitable Giving in a Field Experiment," IEW - Working Papers 070, Institute for Empirical Research in Economics - University of Zurich.
    2. Ghosal, Sayantan & Morelli, Massimo, 2004. "Retrading in market games," Journal of Economic Theory, Elsevier, vol. 115(1), pages 151-181, March.
    3. Jess Benhabib & Pengfei Wang & Yi Wen, 2013. "Uncertainty and Sentiment-Driven Equilibria," NBER Working Papers 18878, National Bureau of Economic Research, Inc.
    4. Aditya Goenka & David Kelly & Stephen Spear, "undated". "Endogenous Strategic Business Cycles," GSIA Working Papers 2, Carnegie Mellon University, Tepper School of Business.
    5. Friedman, Daniel & Rabanal, Jean Paul & Rud, Olga A. & Zhao, Shuchen, 2022. "On the empirical relevance of correlated equilibrium," Journal of Economic Theory, Elsevier, vol. 205(C).
    6. Frank Heinemann, 1997. "Rationalizable expectations and sunspot equilibria in an overlapping-generations economy," Journal of Economics, Springer, vol. 65(3), pages 257-277, October.
    7. Hens, Thorsten & Pilgrim, Beate, 2004. "Sunspot Equilibria and the Transfer Paradox," Discussion Papers 2004/14, Norwegian School of Economics, Department of Business and Management Science.
    8. Sushant Acharya & Jess Benhabib & Zhen Huo, 2017. "The Anatomy of Sentiment-Driven Fluctuations," NBER Working Papers 23136, National Bureau of Economic Research, Inc.
    9. Kam-Chau Wong & Chongmin Kim, 2004. "Evolutionarily Stable Correlation," Econometric Society 2004 Far Eastern Meetings 495, Econometric Society.
    10. Gaël Giraud & Céline Rouchon, 2002. "Consistent collusion-proofness and correlation in exchange economies," Post-Print halshs-00498879, HAL.
    11. Shubik, Martin, 1990. "A game theoretic approach to the theory of money and financial institutions," Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 1, chapter 5, pages 171-219, Elsevier.
    12. Thorsten Hens & Beate Pilgrim & Janos Mayer, "undated". "Existence of Sunspot Equilibria and Uniqueness of Spot Market Equilibria: The Case of Intrinsically Complete Markets," IEW - Working Papers 188, Institute for Empirical Research in Economics - University of Zurich.
    13. Hens, Thorsten & Mayer, Janós & Pilgrim, Beate, 2004. "Existence of Sunspot Equilibria and Uniqueness of Spot Market Equilibria: The Case of Intrinsically Complete Markets," Discussion Papers 2004/15, Norwegian School of Economics, Department of Business and Management Science.
    14. Herakles M. Polemarchakis & Indrajit Ray, 2004. "Sunspots, Correlation and Competition," Discussion Papers 04-15, Department of Economics, University of Birmingham.
    15. Arifovic, Jasmina & Jiang, Janet Hua, 2019. "Strategic uncertainty and the power of extrinsic signals– evidence from an experimental study of bank runs," Journal of Economic Behavior & Organization, Elsevier, vol. 167(C), pages 1-17.
    16. Sergiu Hart & Andreu Mas-Colell, 2013. "Markets, Correlation, and Regret-Matching," Discussion Paper Series dp648, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
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  14. Howard P. Marvel & Raymond Deneckere & James Peck, 1995. "Demand Uncertainty and Price Maintainance: Markdowns as Destructive Competition," Working Papers 018, Ohio State University, Department of Economics.

    Cited by:

    1. Amir Heiman, 2010. "The economics of demonstrations: The effect of competition on demonstration and pricing strategies," Marketing Letters, Springer, vol. 21(4), pages 351-363, December.
    2. Hagspiel, Verena & Kort, Peter M. & Nunes, Cláudia & Pimentel, Rita & Støre, Kristian, 2021. "Capacity optimization of an innovating firm," International Journal of Production Economics, Elsevier, vol. 233(C).
    3. Rajeev K. Goel & James R. Jones, 2022. "Managing the risk of COVID‐19 via vaccine passports: Modeling economic and policy implications," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 2578-2586, September.
    4. Raff, Horst & Schmitt, Nicolas, 2005. "Why Parallel Trade May Raise Producers' Profits," Economics Working Papers 2005-07, Christian-Albrechts-University of Kiel, Department of Economics.
    5. Mahesh Nagarajan & Yehuda Bassok, 2008. "A Bargaining Framework in Supply Chains: The Assembly Problem," Management Science, INFORMS, vol. 54(8), pages 1482-1496, August.
    6. Alexandra Kontolaimou & Pródromos-Ioánnis Prodromídis & Ioanna Konstantakopoulou, 2019. "The issue of fixed book pricing: Evidence based on the Greek experience," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 13(2), pages 102-120, December.
    7. Zhan Qu & Horst Raff & Nicolas Schmitt, 2017. "Incentives through Inventory Control in Supply Chains," CESifo Working Paper Series 6705, CESifo.
    8. Canoy, M.F.M. & van Ours, J.C. & van der Ploeg, F., 2005. "The Economics of Books," Other publications TiSEM 95f0e505-7338-4730-8b94-6, Tilburg University, School of Economics and Management.
    9. Edward Schlee, "undated". "Expected Consumer's Surplus as an Approximate Welfare Measure," Working Papers 2133375, Department of Economics, W. P. Carey School of Business, Arizona State University.
    10. Leibbrandt, Andreas, 2020. "Behavioral constraints on price discrimination: Experimental evidence on pricing and customer antagonism," European Economic Review, Elsevier, vol. 121(C).
    11. Dixie Button, 2022. "Price sensitivities of the consumer in a tourist market," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 21(3), pages 291-298, June.
    12. Patrick Rey & Thibaud Vergé, 2010. "Resale Price Maintenance And Interlocking Relationships," Journal of Industrial Economics, Wiley Blackwell, vol. 58(4), pages 928-961, December.
    13. A H L Lau & H-S Lau & J-C Wang, 2007. "Some properties of buyback and other related schemes in a newsvendor-product supply chain with price-sensitive demand," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(4), pages 491-504, April.
    14. Cao, Wen & Jiang, Bo & Zhou, Deming, 2010. "The effects of demand uncertainty on channel structure," European Journal of Operational Research, Elsevier, vol. 207(3), pages 1471-1488, December.
    15. Gong, Binlei, 2018. "Interstate competition in agriculture: Cheer or fear? Evidence from the United States and China," Food Policy, Elsevier, vol. 81(C), pages 37-47.
    16. Bazhanov, Andrei & Levin, Yuri & Nediak, Mikhail, 2017. "Resale Price Maintenance with Strategic Customers," MPRA Paper 79467, University Library of Munich, Germany.
    17. David E. Mills, 2017. "Inducing Cooperation with a Carrot Instead of a Stick," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 50(2), pages 245-261, March.
    18. Dertwinkel-Kalt, Markus & Wey, Christian, 2023. "Resale price maintenance in a successive monopoly model," DICE Discussion Papers 395, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    19. Beck, Jonathan, 2008. "Diderot´s rule," Discussion Papers, Research Unit: Competition and Innovation SP II 2008-13, WZB Berlin Social Science Center.
    20. Xin (Shane) Wang & Feng Mai & Roger H. L. Chiang, 2014. "Database Submission ---Market Dynamics and User-Generated Content About Tablet Computers," Marketing Science, INFORMS, vol. 33(3), pages 449-458, May.
    21. Fernando Bernstein & Awi Federgruen, 2005. "Decentralized Supply Chains with Competing Retailers Under Demand Uncertainty," Management Science, INFORMS, vol. 51(1), pages 18-29, January.
    22. Boonman, Hettie J. & Siddiqui, Afzal S., 2017. "Capacity optimization under uncertainty: The impact of operational time lags," European Journal of Operational Research, Elsevier, vol. 262(2), pages 660-672.
    23. Cindi Fleshman & Jonathan Willner, 2005. "Accounting For Social Costs Associated With Resale Price Maintenance," Contemporary Economic Policy, Western Economic Association International, vol. 23(3), pages 429-435, July.
    24. Andreas Leibbrandt, 2016. "Behavioral Constraints on Pricing: Experimental Evidence on Price Discrimination and Customer Antagonism," CESifo Working Paper Series 6214, CESifo.
    25. Françoise Benhamou, 2015. "Fair use and fair competition for digitized cultural goods: the case of eBooks," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(2), pages 123-131, May.
    26. QU, Zhan & RAFF, Horst & SCHMITT, Nicolas, 2016. "A Theory of Intermediation in Supply Chains Based on Inventory Control," Discussion paper series HIAS-E-40, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    27. Frederick van der Ploeg, 2003. "Beyond the Dogma of the Fixed Book Price Agreement," CESifo Working Paper Series 949, CESifo.
    28. Howard Marvel, 2003. "On the Economics of Branded Open Supply," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 10(2), pages 213-223.
    29. Hagspiel, V. & Huisman, Kuno & Kort, Peter M. & Nunes, Claudia & Pimentel, Rita, 2018. "Product Innovation of an Incumbent Firm : A Dynamic Analysis," Other publications TiSEM 6672723a-263b-4eb9-90a1-4, Tilburg University, School of Economics and Management.
    30. Jiri Chod & David Pyke & Nils Rudi, 2010. "The Value of Flexibility in Make-to-Order Systems: The Effect of Demand Correlation," Operations Research, INFORMS, vol. 58(4-part-1), pages 834-848, August.
    31. Wang, Hao, 2004. "Resale price maintenance in an oligopoly with uncertain demand," International Journal of Industrial Organization, Elsevier, vol. 22(3), pages 389-411, March.
    32. Bar-Isaac, Heski & Asker, John, 2016. "Vertical Information Restraints: Pro- and Anti-Competitive Impacts of Minimum Advertised Price Restrictions," CEPR Discussion Papers 11579, C.E.P.R. Discussion Papers.
    33. Wu, Desheng, 2013. "Coordination of competing supply chains with news-vendor and buyback contract," International Journal of Production Economics, Elsevier, vol. 144(1), pages 1-13.
    34. Inderst, Roman & Pfeil, Sebastian, 2014. "An "Image Theory" of RPM," MPRA Paper 54139, University Library of Munich, Germany.
    35. David Andrés Camargo Mayorga & Johan Ricardo Páez Castillo & Ángel David Roncancio García, 2010. "Consideraciones teóricas y empíricas acerca del Resale Price Maintenance," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, December.
    36. Lau, Amy Hing Ling & Lau, Hon-Shiang & Zhou, Yong-Wu, 2007. "A stochastic and asymmetric-information framework for a dominant-manufacturer supply chain," European Journal of Operational Research, Elsevier, vol. 176(1), pages 295-316, January.
    37. Huberts, N.F.D. & Dawid, H. & Huisman, K.J.M. & Kort, P.M., 2019. "Entry deterrence by timing rather than overinvestment in a strategic real options framework," European Journal of Operational Research, Elsevier, vol. 274(1), pages 165-185.
    38. Hao Wang, 2005. "Retailer Heterogeneity, Intra-Brand Competition and Social Welfare," Journal of Industry, Competition and Trade, Springer, vol. 5(2), pages 87-97, June.
    39. Hyun Jae Doh, 2010. "Multi-Product Retail Competition and Minimum Resale Price Maintenance," Korean Economic Review, Korean Economic Association, vol. 26, pages 361-400.
    40. Heiman, Amir & Ofir, Chezy, 2010. "The effects of imbalanced competition on demonstration strategies," International Journal of Research in Marketing, Elsevier, vol. 27(2), pages 175-187.
    41. Ravi Anupindi & Li Jiang, 2008. "Capacity Investment Under Postponement Strategies, Market Competition, and Demand Uncertainty," Management Science, INFORMS, vol. 54(11), pages 1876-1890, November.
    42. Yuan, Hong & Krishna, Aradhna, 2011. "Price-Matching Guarantees with Endogenous Search: A Market Experiment Approach," Journal of Retailing, Elsevier, vol. 87(2), pages 182-193.
    43. Pingping Shan & Guofu Tan & Simon Wilkie & Michael Williams, 2012. "China’s Anti-Monopoly Law: What is the Welfare Standard?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 41(1), pages 31-52, August.
    44. Haresh Gurnani & Yi Xu, 2006. "Resale price maintenance contracts with retailer sales effort: Effect of flexibility and competition," Naval Research Logistics (NRL), John Wiley & Sons, vol. 53(5), pages 448-463, August.
    45. Marvel, Howard P. & Wang, Hao, 2009. "Distribution contracts to support optimal inventory holdings under demand uncertainty," International Journal of Industrial Organization, Elsevier, vol. 27(5), pages 625-631, September.
    46. Perona, Mathieu, 2010. "Bookshop, blockbusters and readers’ tastes: a new appraisal of the fixed book price," MPRA Paper 40308, University Library of Munich, Germany, revised 22 Sep 2010.
    47. Shao, Xiao-Feng & Ji, Jian-Hua, 2009. "Effects of sourcing structure on performance in a multiple-product assemble-to-order supply chain," European Journal of Operational Research, Elsevier, vol. 192(3), pages 981-1000, February.
    48. V. Padmanabhan & I. P. L. Png, 2004. "Reply to “Do Returns Policies Intensify Retail Competition?”," Marketing Science, INFORMS, vol. 23(4), pages 614-618, January.
    49. Subhajyoti Bandyopadhyay & Anand A. Paul, 2010. "Equilibrium Returns Policies in the Presence of Supplier Competition," Marketing Science, INFORMS, vol. 29(5), pages 846-857, 09-10.
    50. John Asker & Heski Bar-Isaac, 2010. "Exclusionary Minimum Resale Price Maintenance," NBER Working Papers 16564, National Bureau of Economic Research, Inc.
    51. James D. Dana Jr. & Eugene Orlov Jr., 2014. "Internet Penetration and Capacity Utilization in the US Airline Industry," American Economic Journal: Microeconomics, American Economic Association, vol. 6(4), pages 106-137, November.
    52. Xiang Fang & Jun Ru & Yunzeng Wang, 2021. "The Effect of List Price on Channel Performance with Consignment," Production and Operations Management, Production and Operations Management Society, vol. 30(1), pages 235-252, January.
    53. Tatsuhiko Nariu & David Flath & Atsuo Utaka, 2009. "Returns System with Rebates," ISER Discussion Paper 0744, Institute of Social and Economic Research, Osaka University.
      • Tatsuhiko Nariu & David Flath & Atsuo Utaka, 2012. "Returns System With Rebates," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(4), pages 1243-1256, November.
    54. John Asker & Heski Bar-Isaac, 2012. "Vertical Practices Facilitating Exclusion," Working Papers 12-20, New York University, Leonard N. Stern School of Business, Department of Economics.
    55. Angela Acocella & Chris Caplice & Yossi Sheffi, 2022. "The end of 'set it and forget it' pricing? Opportunities for market-based freight contracts," Papers 2202.02367, arXiv.org.
    56. Harish Krishnan & Ralph A. Winter, 2010. "Inventory Dynamics and Supply Chain Coordination," Management Science, INFORMS, vol. 56(1), pages 141-147, January.
    57. Krishnan S. Anand & Karan Girotra, 2007. "The Strategic Perils of Delayed Differentiation," Management Science, INFORMS, vol. 53(5), pages 697-712, May.
    58. Hao Wang, 2001. "Resale Price Maintenance in an Oligopoly with Uncertain Demand," Working Papers 01-11, Ohio State University, Department of Economics.
    59. Raskovich, Alexander, 2007. "Retail buyer power through steering," Economics Letters, Elsevier, vol. 96(2), pages 221-225, August.
    60. Edward E. Schlee, 2013. "Surplus Maximization and Optimality," American Economic Review, American Economic Association, vol. 103(6), pages 2585-2611, October.
    61. Marvel, Howard P., 1995. "Tying, franchising, and gasoline service stations," Journal of Corporate Finance, Elsevier, vol. 2(1-2), pages 199-225, October.
    62. James D. Dana & Kathryn Spier, 2000. "Revenue Sharing, Demand Uncertainty, and Vertical Control of Competing Firms," Econometric Society World Congress 2000 Contributed Papers 1511, Econometric Society.
    63. Xiao, Tiaojun & Yang, Danqin, 2008. "Price and service competition of supply chains with risk-averse retailers under demand uncertainty," International Journal of Production Economics, Elsevier, vol. 114(1), pages 187-200, July.
    64. Heywood, John S. & Wang, Shiqiang & Ye, Guangliang, 2018. "Resale price maintenance and spatial price discrimination," International Journal of Industrial Organization, Elsevier, vol. 57(C), pages 147-174.
    65. Jan A. Van Mieghem & Maqbool Dada, 1999. "Price Versus Production Postponement: Capacity and Competition," Management Science, INFORMS, vol. 45(12), pages 1639-1649, December.
    66. Yong Liu & Michael J. Fry & Amitabh S. Raturi, 2006. "Vertically restrictive pricing in supply chains with price‐dependent demand," Naval Research Logistics (NRL), John Wiley & Sons, vol. 53(6), pages 485-501, September.
    67. Huberts, Nick F.D. & Rossi Silveira, Rafael, 2023. "How economic depreciation shapes the relationship of uncertainty with investments’ size & timing," International Journal of Production Economics, Elsevier, vol. 260(C).
    68. Howard P. Marvel & Hao Wang, 2007. "Inventories, Manufacturer Returns Policies, and Equilibrium Price Dispersion under Demand Uncertainty," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(4), pages 1031-1051, December.
    69. Diego Escobari & Li Gan, 2007. "Price Dispersion under Costly Capacity and Demand Uncertainty," NBER Working Papers 13075, National Bureau of Economic Research, Inc.
    70. Dertwinkel-Kalt, Markus & Wey, Christian, 2021. "Multi-Product Pricing and Minimum Resale Price Maintenance," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242338, Verein für Socialpolitik / German Economic Association.
    71. Ayelet Israeli & Eric T. Anderson & Anne T. Coughlan, 2016. "Minimum Advertised Pricing: Patterns of Violation in Competitive Retail Markets," Marketing Science, INFORMS, vol. 35(4), pages 539-564, July.
    72. Matthias Hunold & Johannes Muthers, 2011. "Resale Price Maintenance: Hurting Competitors, Consumers and Yourself," Working Papers 100, Bavarian Graduate Program in Economics (BGPE).
    73. Robert L. Earle & Karl Schmedders & Tymon Tatur, 2002. "Price Caps and Uncertain Demands," Discussion Papers 1340, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    74. Boonman, H.J. & Hagspiel, V. & Kort, P.M., 2015. "Dedicated vs product flexible production technology: Strategic capacity investment choice," European Journal of Operational Research, Elsevier, vol. 244(1), pages 141-152.
    75. Manu Goyal & Serguei Netessine, 2007. "Strategic Technology Choice and Capacity Investment Under Demand Uncertainty," Management Science, INFORMS, vol. 53(2), pages 192-207, February.
    76. Liu, Yong & Qin, Fei & Fry, Michael J. & Raturi, Amitabh S., 2012. "Multi-period modeling of two-way price commitment under price-dependent demand," European Journal of Operational Research, Elsevier, vol. 221(3), pages 546-556.
    77. Shailender Singh & Chen Guan-Ru, 2020. "Modeling variations in price inertia under demand uncertainty," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 19(1), pages 26-42, February.
    78. Tikoo, Surinder & Mather, Bruce, 2011. "The changed legality of resale price maintenance and pricing implications," Business Horizons, Elsevier, vol. 54(5), pages 415-423, September.

  15. Howard P. Marvel & Raymond Deneckere & James Peck, 1995. "Demand Uncertainty, Inventories, and Resale Price Maintainance," Working Papers 019, Ohio State University, Department of Economics.

    Cited by:

    1. Gérard P. Cachon & Martin A. Lariviere, 1999. "Capacity Allocation Using Past Sales: When to Turn-and-Earn," Management Science, INFORMS, vol. 45(5), pages 685-703, May.
    2. Amir Heiman, 2010. "The economics of demonstrations: The effect of competition on demonstration and pricing strategies," Marketing Letters, Springer, vol. 21(4), pages 351-363, December.
    3. Raymond Deneckere & James Peck, 2012. "Dynamic Competition With Random Demand and Costless Search: A Theory of Price Posting," Econometrica, Econometric Society, vol. 80(3), pages 1185-1247, May.
    4. Benjamin Eden, 2005. "Inefficient Trade Patterns: Excessive Trade, Cross-Hauling, and Dumping," Vanderbilt University Department of Economics Working Papers 0503, Vanderbilt University Department of Economics.
    5. Zhan Qu & Horst Raff & Nicolas Schmitt, 2017. "Incentives through Inventory Control in Supply Chains," CESifo Working Paper Series 6705, CESifo.
    6. Bang, Se Hoon & Jin, Yangsoo, 2015. "Brand-specificity of pre-sale services and inter-brand competition with resale price maintenance," International Review of Law and Economics, Elsevier, vol. 43(C), pages 1-9.
    7. Edward Schlee, "undated". "Expected Consumer's Surplus as an Approximate Welfare Measure," Working Papers 2133375, Department of Economics, W. P. Carey School of Business, Arizona State University.
    8. João Montez, 2015. "Controlling opportunism in vertical contracting when production precedes sales," RAND Journal of Economics, RAND Corporation, vol. 46(3), pages 650-670, September.
    9. Patrick Rey & Thibaud Vergé, 2010. "Resale Price Maintenance And Interlocking Relationships," Journal of Industrial Economics, Wiley Blackwell, vol. 58(4), pages 928-961, December.
    10. Xue, Weili & Caliskan Demirag, Ozgun & Niu, Baozhuang, 2014. "Supply chain performance and consumer surplus under alternative structures of channel dominance," European Journal of Operational Research, Elsevier, vol. 239(1), pages 130-145.
    11. Fernando Bernstein & Awi Federgruen, 2005. "Decentralized Supply Chains with Competing Retailers Under Demand Uncertainty," Management Science, INFORMS, vol. 51(1), pages 18-29, January.
    12. Christopher T. Conlon & Julie Holland Mortimer, 2021. "Efficiency and Foreclosure Effects of Vertical Rebates: Empirical Evidence," Journal of Political Economy, University of Chicago Press, vol. 129(12), pages 3357-3404.
    13. Tarcisio da Graça & Robert Masson, 2017. "Flawed Economic Models Have Misled RPM Policy: Changes in Canada, Europe and the United States," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 50(2), pages 181-207, March.
    14. Cindi Fleshman & Jonathan Willner, 2005. "Accounting For Social Costs Associated With Resale Price Maintenance," Contemporary Economic Policy, Western Economic Association International, vol. 23(3), pages 429-435, July.
    15. QU, Zhan & RAFF, Horst & SCHMITT, Nicolas, 2016. "A Theory of Intermediation in Supply Chains Based on Inventory Control," Discussion paper series HIAS-E-40, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    16. Gaumont, Damien & Badra, Yassine & Kamburova, Detelina, 2023. "Market-dependent preferences, positive and negative network effects and welfare," Mathematical Social Sciences, Elsevier, vol. 123(C), pages 143-154.
    17. Howard Marvel, 2003. "On the Economics of Branded Open Supply," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 10(2), pages 213-223.
    18. Wang, Hao, 2004. "Resale price maintenance in an oligopoly with uncertain demand," International Journal of Industrial Organization, Elsevier, vol. 22(3), pages 389-411, March.
    19. Liu, Yong & Fry, Michael J. & Raturi, Amitabh S., 2009. "Retail price markup commitment in decentralized supply chains," European Journal of Operational Research, Elsevier, vol. 192(1), pages 277-292, January.
    20. Ivaldi, Marc & Petrova, Milena & Urdanoz, Miguel, 2022. "Airline cooperation effects on airfare distribution: An auction-model-based approach," Transport Policy, Elsevier, vol. 115(C), pages 239-250.
    21. Ralph A. Winter, 2009. "Presidential Address: Antitrust restrictions on single‐firm strategies," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 42(4), pages 1207-1239, November.
    22. Tarcisio B. da Graça & Robert T. Masson, 2012. "The “Services” Explanation for Resale Price Maintenance: Deleterious Results Missed in the Economics Literature and in Legal Decisions," Southern Economic Journal, John Wiley & Sons, vol. 79(2), pages 450-463, October.
    23. Hyun Jae Doh, 2010. "Multi-Product Retail Competition and Minimum Resale Price Maintenance," Korean Economic Review, Korean Economic Association, vol. 26, pages 361-400.
    24. Benjamin Klein, 2014. "The Evolving Law and Economics of Resale Price Maintenance," Journal of Law and Economics, University of Chicago Press, vol. 57(S3), pages 161-179.
    25. Heiman, Amir & Ofir, Chezy, 2010. "The effects of imbalanced competition on demonstration strategies," International Journal of Research in Marketing, Elsevier, vol. 27(2), pages 175-187.
    26. Roland Strausz, 2007. "Regulating Availability with Demand Uncertainty," German Economic Review, Verein für Socialpolitik, vol. 8(1), pages 107-121, February.
    27. Foros, Øystein & Kind, Hans Jarle & Shaffer, Greg, 2015. "Apple's Agency Model and the Role of Resale Price Maintenance," Discussion Papers 2015/32, Norwegian School of Economics, Department of Business and Management Science.
    28. Antoniou, Fabio & Fiocco, Raffaele, 2018. "Strategic inventories under limited commitment," MPRA Paper 83928, University Library of Munich, Germany.
    29. Marvel, Howard P. & Wang, Hao, 2009. "Distribution contracts to support optimal inventory holdings under demand uncertainty," International Journal of Industrial Organization, Elsevier, vol. 27(5), pages 625-631, September.
    30. Perona, Mathieu, 2010. "Bookshop, blockbusters and readers’ tastes: a new appraisal of the fixed book price," MPRA Paper 40308, University Library of Munich, Germany, revised 22 Sep 2010.
    31. Haucap, Justus & Klein, Gordon J., 2012. "Einschränkungen der Preisgestaltung im Einzelhandel aus wettbewerbsökonomischer Perspektive," DICE Ordnungspolitische Perspektiven 22, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    32. Diego Escobari, 2012. "Dynamic Pricing, Advance Sales and Aggregate Demand Learning in Airlines," Journal of Industrial Economics, Wiley Blackwell, vol. 60(4), pages 697-724, December.
    33. Matthias Hunold & Johannes Muthers, 2017. "Resale price maintenance and manufacturer competition for retail services," RAND Journal of Economics, RAND Corporation, vol. 48(1), pages 3-23, March.
    34. John Asker & Heski Bar-Isaac, 2010. "Exclusionary Minimum Resale Price Maintenance," NBER Working Papers 16564, National Bureau of Economic Research, Inc.
    35. Xiang Fang & Jun Ru & Yunzeng Wang, 2021. "The Effect of List Price on Channel Performance with Consignment," Production and Operations Management, Production and Operations Management Society, vol. 30(1), pages 235-252, January.
    36. John Asker & Heski Bar-Isaac, 2012. "Vertical Practices Facilitating Exclusion," Working Papers 12-20, New York University, Leonard N. Stern School of Business, Department of Economics.
    37. Bakó, Barna & Kálecz-Simon, András, 2012. "Vertikális korlátozások - növelik vagy csökkentik a jólétet?. Érvek az irodalomból [Vertical constraints - do they increase or reduce welfare?. Arguments in the literature]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1138-1159.
    38. Harish Krishnan & Ralph A. Winter, 2010. "Inventory Dynamics and Supply Chain Coordination," Management Science, INFORMS, vol. 56(1), pages 141-147, January.
    39. Krishnan Anand & Ravi Anupindi & Yehuda Bassok, 2008. "Strategic Inventories in Vertical Contracts," Management Science, INFORMS, vol. 54(10), pages 1792-1804, October.
    40. Hao Wang, 2001. "Resale Price Maintenance in an Oligopoly with Uncertain Demand," Working Papers 01-11, Ohio State University, Department of Economics.
    41. Julie Mortimer & Christopher Conlon, 2014. "Efficiency and Foreclosure Effects of All-Units Discounts: Empirical Evidence," 2014 Meeting Papers 1177, Society for Economic Dynamics.
    42. Lau, Amy Hing Ling & Lau, Hon-Shiang & Wang, Jian-Cai, 2010. "Usefulness of resale price maintenance under different levels of sales-effort cost and system-parameter uncertainties," European Journal of Operational Research, Elsevier, vol. 203(2), pages 513-525, June.
    43. Benjamin Eden, 2014. "Demand uncertainty and efficiency," Vanderbilt University Department of Economics Working Papers 14-00011, Vanderbilt University Department of Economics.
    44. Szmerekovsky, Joseph G. & Zhang, Jiang, 2009. "Pricing and two-tier advertising with one manufacturer and one retailer," European Journal of Operational Research, Elsevier, vol. 192(3), pages 904-917, February.
    45. James D. Dana & Kathryn Spier, 2000. "Revenue Sharing, Demand Uncertainty, and Vertical Control of Competing Firms," Econometric Society World Congress 2000 Contributed Papers 1511, Econometric Society.
    46. Howard Marvel & James Peck, 2000. "Vertical Control, Retail Inventories & Product Variety," Working Papers 00-09, Ohio State University, Department of Economics.
    47. Heywood, John S. & Wang, Shiqiang & Ye, Guangliang, 2018. "Resale price maintenance and spatial price discrimination," International Journal of Industrial Organization, Elsevier, vol. 57(C), pages 147-174.
    48. Jan A. Van Mieghem & Maqbool Dada, 1999. "Price Versus Production Postponement: Capacity and Competition," Management Science, INFORMS, vol. 45(12), pages 1639-1649, December.
    49. Yong Liu & Michael J. Fry & Amitabh S. Raturi, 2006. "Vertically restrictive pricing in supply chains with price‐dependent demand," Naval Research Logistics (NRL), John Wiley & Sons, vol. 53(6), pages 485-501, September.
    50. Tarcisio da Graca & Robert Masson, 2013. "Flawed Economic Models have Misled RPM Policy in the US, Canada and the EU," RePAd Working Paper Series UQO-DSA-wp042013, Département des sciences administratives, UQO.
    51. Reiffen, David, 1999. "On the equivalence of resale price maintenance and quantity restrictions," International Journal of Industrial Organization, Elsevier, vol. 17(2), pages 277-288, February.
    52. Ayelet Israeli & Eric T. Anderson & Anne T. Coughlan, 2016. "Minimum Advertised Pricing: Patterns of Violation in Competitive Retail Markets," Marketing Science, INFORMS, vol. 35(4), pages 539-564, July.
    53. James D. Dana, 2000. "Competition in Price and Availability when Availability is Unobservable," Econometric Society World Congress 2000 Contributed Papers 1450, Econometric Society.
    54. Xiao, Ping & (Jack) Chen, Xinlei & Chen, Yuxin & Lu, Wei, 2021. "Violation behavior in vertical restraint: Empirical analyses in the case of retail price maintenance," International Journal of Research in Marketing, Elsevier, vol. 38(4), pages 953-973.
    55. Benjamin Eden, 2013. "Price dispersion and efficiency," Vanderbilt University Department of Economics Working Papers 13-00012, Vanderbilt University Department of Economics.
    56. Robert L. Earle & Karl Schmedders & Tymon Tatur, 2002. "Price Caps and Uncertain Demands," Discussion Papers 1340, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    57. Butz, David A, 1997. "Vertical Price Controls with Uncertain Demand," Journal of Law and Economics, University of Chicago Press, vol. 40(2), pages 433-459, October.
    58. LI, Li, 2019. "Cooperative purchasing and preactive inventory sharing – Channel balancing and performance improvement," European Journal of Operational Research, Elsevier, vol. 278(3), pages 738-751.
    59. Ivaldi, Marc & Petrova, Milena J & Urdanoz, Miguel, 2021. "Airline Cooperation Effects on Airfare Distribution: An Auction-model-based Approach," TSE Working Papers 21-1259, Toulouse School of Economics (TSE).
    60. Kenji, Matsui, 2011. "Resale price maintenance for supply chains distributing products with demand uncertainty," International Journal of Production Economics, Elsevier, vol. 134(2), pages 375-387, December.
    61. Liu, Yong & Qin, Fei & Fry, Michael J. & Raturi, Amitabh S., 2012. "Multi-period modeling of two-way price commitment under price-dependent demand," European Journal of Operational Research, Elsevier, vol. 221(3), pages 546-556.
    62. Jonathan Beck, 2004. "Fixed, Focal, Fair? Book Prices Under Optional Resale Price Maintenance," CIG Working Papers SP II 2004-15, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    63. Howard P. Marvel & James Peck, 2008. "Inventory Turnover and Product Variety," Journal of Law and Economics, University of Chicago Press, vol. 51(3), pages 461-478, August.

  16. Matthew O. Jackson & James Peck, 1993. "Costly Information Acquisition," Discussion Papers 1087, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. James Peck & Matthew O. Jackson, 1999. "Asymmetric information in a competitive market game: Reexamining the implications of rational expectations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 13(3), pages 603-628.

  17. Raymond Deneckere & James Peck, 1992. "Competition over Price and Service Rate when Demand is Stochastic: A Strategic Analysis," Discussion Papers 990, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Mei Xue & Patrick T. Harker, 2003. "Service Co-Production, Customer Efficiency and Market Competition," Center for Financial Institutions Working Papers 03-03, Wharton School Center for Financial Institutions, University of Pennsylvania.
    2. Peters, Michael & Severinov, Sergei, 1997. "Competition among Sellers Who Offer Auctions Instead of Prices," Journal of Economic Theory, Elsevier, vol. 75(1), pages 141-179, July.
    3. Samir Mamadehussene & Francisco Silva, 2023. "Modeling Competition over Multiple Variables under Limited Consumer Awareness," Journal of Industrial Economics, Wiley Blackwell, vol. 71(1), pages 192-211, March.
    4. Michael Peters, 1995. "On the Equivalence of Walrasian and Non-Walrasian Equilibria in Contract Markets: The case of Complete Contracts," Working Papers peters-95-01, University of Toronto, Department of Economics.
    5. de Meza, David & Reito, Francesco, 2021. "Macro shocks cause equilibrium price dispersion," Economics Letters, Elsevier, vol. 208(C).
    6. Xuanming Su & Fuqiang Zhang, 2009. "On the Value of Commitment and Availability Guarantees When Selling to Strategic Consumers," Management Science, INFORMS, vol. 55(5), pages 713-726, May.
    7. Yang, Lu & Li, Xiangyong & Zhong, Ning, 2022. "Omnichannel retail operations with mixed fulfillment strategies," International Journal of Production Economics, Elsevier, vol. 254(C).
    8. Wei, Ying & Li, Feng, 2020. "Omnichannel supply chain operations for luxury products with conspicuous consumers," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 137(C).
    9. Vishal Gaur & Young-Hoon Park, 2007. "Asymmetric Consumer Learning and Inventory Competition," Management Science, INFORMS, vol. 53(2), pages 227-240, February.
    10. Roland Strausz, 2015. "Crowdfunding, demand uncertainty, and moral hazard - a mechanism design approach," SFB 649 Discussion Papers SFB649DP2015-036, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    11. Fernando Bernstein & Awi Federgruen, 2005. "Decentralized Supply Chains with Competing Retailers Under Demand Uncertainty," Management Science, INFORMS, vol. 51(1), pages 18-29, January.
    12. Christopher T. Conlon & Julie Holland Mortimer, 2008. "Demand Estimation Under Incomplete Product Availability," NBER Working Papers 14315, National Bureau of Economic Research, Inc.
    13. Roland Strausz, 2016. "A Theory of Crowdfunding - A Mechanism Design Approach with Demand Uncertainty and Moral Hazard," CESifo Working Paper Series 6100, CESifo.
    14. Ming Hu & Xiaolin Xu & Weili Xue & Yi Yang, 2022. "Demand Pooling in Omnichannel Operations," Management Science, INFORMS, vol. 68(2), pages 883-894, February.
    15. Peck, James, 1996. "Competition in Transactions Mechanisms: The Emergence of Price Competition," Games and Economic Behavior, Elsevier, vol. 16(1), pages 109-123, September.
    16. Michael Peters, 1998. "Limits of Exact Equilibria for Capacity Constrained Sellers with costlySearch," Working Papers peters-98-01, University of Toronto, Department of Economics.
    17. Wallace J. Hopp & Xiaowei Xu, 2008. "A Static Approximation for Dynamic Demand Substitution with Applications in a Competitive Market," Operations Research, INFORMS, vol. 56(3), pages 630-645, June.
    18. Edner Bataille & Benoit Julien, 2005. "Advertising, Pricing & Market Structure in Competitive Matching Markets," Industrial Organization 0511008, University Library of Munich, Germany.
    19. Massimo A. De Francesco, 2004. "Pricing and matching under duopoly with imperfect buyer mobility," Department of Economics University of Siena 439, Department of Economics, University of Siena.
    20. Gérard P. Cachon & Patrick T. Harker, 2002. "Competition and Outsourcing with Scale Economies," Management Science, INFORMS, vol. 48(10), pages 1314-1333, October.
    21. Stole, Lars A., 2007. "Price Discrimination and Competition," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 34, pages 2221-2299, Elsevier.
    22. Dennis W. Carlton & James D. Dana, 2008. "Product Variety And Demand Uncertainty: Why Markups Vary With Quality," Journal of Industrial Economics, Wiley Blackwell, vol. 56(3), pages 535-552, September.
    23. Albert Y. Ha & Lode Li & Shu-Ming Ng, 2003. "Price and Delivery Logistics Competition in a Supply Chain," Management Science, INFORMS, vol. 49(9), pages 1139-1153, September.
    24. Dennis W. Carlton & James D. Dana, 2004. "Product Variety and Demand Uncertainty," NBER Working Papers 10594, National Bureau of Economic Research, Inc.
    25. David, Laurent & Le Breton, Michel & Merillon, Olivier, 2007. "Regulating the Natural Gas Transportation Industry: Optimal Pricing Policy of a Monopolist with Advance-Purchase and Spot Markets," IDEI Working Papers 488, Institut d'Économie Industrielle (IDEI), Toulouse.
    26. Chang Hwan Lee & Tsan‐Ming Choi & T. C. Edwin Cheng, 2021. "Operations strategies with snobbish and strategic consumers," Naval Research Logistics (NRL), John Wiley & Sons, vol. 68(3), pages 327-343, April.
    27. Marvel, Howard P. & Wang, Hao, 2009. "Distribution contracts to support optimal inventory holdings under demand uncertainty," International Journal of Industrial Organization, Elsevier, vol. 27(5), pages 625-631, September.
    28. Montez, João & Schutz, Nicolas, 2018. "All-Pay Oligopolies: Price Competition with Unobservable Inventory Choices," CEPR Discussion Papers 12963, C.E.P.R. Discussion Papers.
    29. Mehmet Sekip Altug & Tolga Aydinliyim, 2016. "Counteracting Strategic Purchase Deferrals: The Impact of Online Retailers’ Return Policy Decisions," Manufacturing & Service Operations Management, INFORMS, vol. 18(3), pages 376-392, July.
    30. Gérard P. Cachon & Pnina Feldman, 2015. "Price Commitments with Strategic Consumers: Why It Can Be Optimal to Discount More Frequently … Than Optimal," Manufacturing & Service Operations Management, INFORMS, vol. 17(3), pages 399-410, July.
    31. Dennis W. Carlton, 1998. "A Critical Assessment of the Role of Imperfect Competition in Macroeconomics," Palgrave Macmillan Books, in: Steven Brakman & Hans Ees & Simon K. Kuipers (ed.), Market Behaviour and Macroeconomic Modelling, chapter 3, pages 73-104, Palgrave Macmillan.
    32. Wilfred Amaldoss & Robert J. Meyer & Jagmohan S. Raju & Amnon Rapoport, 2000. "Collaborating to Compete," Marketing Science, INFORMS, vol. 19(2), pages 105-126, November.
    33. David, Laurent & Le Breton, Michel & Merillon, Olivier, 2007. "Public Utility Pricing and Capacity Choice with Stochastic Demand," IDEI Working Papers 489, Institut d'Économie Industrielle (IDEI), Toulouse.
    34. Wilfred Amaldoss & Sanjay Jain, 2002. "David vs. Goliath: An Analysis of Asymmetric Mixed-Strategy Games and Experimental Evidence," Management Science, INFORMS, vol. 48(8), pages 972-991, August.
    35. Ioannis Ioannou & Julie Holland Mortimer & Richard Mortimer, 2011. "The Effects Of Capacity On Sales Under Alternative Vertical Contracts," Journal of Industrial Economics, Wiley Blackwell, vol. 59(1), pages 117-154, March.
    36. Pekka Ilmakunnas, 2002. "Strategic behavior in a service industry," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(2), pages 69-82.
    37. De Meza, David & Reito, Francesco, 2020. "Too much waste, not enough rationing: the failure of stochastic, competitive markets," LSE Research Online Documents on Economics 104084, London School of Economics and Political Science, LSE Library.
    38. James D. Dana, Jr. & Nicholas C. Petruzzi, 2001. "Note: The Newsvendor Model with Endogenous Demand," Management Science, INFORMS, vol. 47(11), pages 1488-1497, November.
    39. Harish Krishnan & Ralph A. Winter, 2010. "Inventory Dynamics and Supply Chain Coordination," Management Science, INFORMS, vol. 56(1), pages 141-147, January.
    40. Michael Sattinger, 2002. "A Queuing Model of the Market for Access to Trading Partners," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(2), pages 533-548, May.
    41. Levitt, Steven D., 2016. "Bagels and donuts for sale: A case study in profit maximization," Research in Economics, Elsevier, vol. 70(4), pages 518-535.
    42. Antonio Rosato, 2016. "Selling substitute goods to loss-averse consumers: limited availability, bargains, and rip-offs," RAND Journal of Economics, RAND Corporation, vol. 47(3), pages 709-733, August.
    43. De Francesco, Massimo A., 2018. "Conditional loyalty and its implications for pricing," MPRA Paper 91671, University Library of Munich, Germany, revised 26 Nov 2018.
    44. Ying-Ju Chen & Zhengqing Gui & Ernst-Ludwig von Thadden & Xiaojian Zhao, 2024. "Supply Chain Frictions," CRC TR 224 Discussion Paper Series crctr224_2024_528, University of Bonn and University of Mannheim, Germany.
    45. Jan A. Van Mieghem & Maqbool Dada, 1999. "Price Versus Production Postponement: Capacity and Competition," Management Science, INFORMS, vol. 45(12), pages 1639-1649, December.
    46. de Meza, David & Reito, Francesco, 2016. "Too Much Waste: A Failure of Stochastic, Competitive Markets," MPRA Paper 76125, University Library of Munich, Germany.
    47. Pedro Gomis-Porqueras & Benoit Julien & Chengsi Wang, 2010. "Pricing, Advertising, and Market Structure with Frictions," Discussion Papers 2010-20, School of Economics, The University of New South Wales.
    48. James D. Dana, 2000. "Competition in Price and Availability when Availability is Unobservable," Econometric Society World Congress 2000 Contributed Papers 1450, Econometric Society.
    49. Arcan Nalca & Tamer Boyaci & Saibal Ray, 2013. "Competitive Price-Matching Guarantees: Equilibrium Analysis of the Availability Verification Clause Under Demand Uncertainty," Management Science, INFORMS, vol. 59(4), pages 971-986, April.
    50. Fei Gao & Xuanming Su, 2017. "Manufacturing & Service Operations Management," Manufacturing & Service Operations Management, INFORMS, vol. 19(1), pages 84-98, February.
    51. Marcelo Olivares & Gérard P. Cachon, 2009. "Competing Retailers and Inventory: An Empirical Investigation of General Motors' Dealerships in Isolated U.S. Markets," Management Science, INFORMS, vol. 55(9), pages 1586-1604, September.
    52. Alexei Alexandrov & Martin A. Lariviere, 2012. "Are Reservations Recommended?," Manufacturing & Service Operations Management, INFORMS, vol. 14(2), pages 218-230, April.
    53. Foster, Joshua & Deck, Cary & Farmer, Amy, 2019. "Behavioral demand effects when buyers anticipate inventory shortages," European Journal of Operational Research, Elsevier, vol. 276(1), pages 217-234.
    54. Kultti Klaus, 2011. "Sellers Like Clusters," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-28, December.
    55. Francisco Silva & Samir Mamadehussene, 2020. "The Equivalence Between Sequential and Simultaneous Firm Decisions," Documentos de Trabajo 541, Instituto de Economia. Pontificia Universidad Católica de Chile..
    56. Massimo A. Francesco, 2021. "Conditional loyalty and its implications for pricing," SN Business & Economics, Springer, vol. 1(10), pages 1-20, October.
    57. Gérard P. Cachon & Robert Swinney, 2009. "Purchasing, Pricing, and Quick Response in the Presence of Strategic Consumers," Management Science, INFORMS, vol. 55(3), pages 497-511, March.
    58. Ramesh Johari & Gabriel Y. Weintraub & Benjamin Van Roy, 2010. "Investment and Market Structure in Industries with Congestion," Operations Research, INFORMS, vol. 58(5), pages 1303-1317, October.
    59. Peck, James, 2018. "Competing mechanisms with multi-unit consumer demand," Journal of Economic Theory, Elsevier, vol. 177(C), pages 126-161.
    60. Andrew F. Daughety & Jennifer F. Reinganum, 2007. "Mass Torts and the Incentives for Suit, Settlement, and Trial," Vanderbilt University Department of Economics Working Papers 0713, Vanderbilt University Department of Economics.

  18. James Peck, 1986. "On the Existence of Sunspot Equilibria in an Overlapping Generations Model," Discussion Papers 678, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Huo, T. -M., 1996. "Monetary confidence and asset prices," International Review of Economics & Finance, Elsevier, vol. 5(4), pages 363-376.
    2. Davila, Julio, 2001. "Time and Uncertainty in Overlapping Generations Economies," Journal of Economic Theory, Elsevier, vol. 100(2), pages 356-386, October.
    3. Asen Ivanov & Dan Levin & James Peck, 2010. "Behavioral Biases, Informational Externalities, and Efficiency in Endogenous-Timing Herding Games: an Experimental Study," Working Papers 1004, VCU School of Business, Department of Economics.
    4. Kiminori Matsuyama, 1989. "Serial Correlation of Sunspot Equilibria (Rational Bubbles) in Two Popular Models of Monetary Economies," Discussion Papers 827, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    5. Ricardo Lagos & Randall Wright, 2002. "Dynamics, cycles and sunspot equilibria in \"genuinely dynamic, fundamentally disaggregative\" models of money," Working Papers (Old Series) 0210, Federal Reserve Bank of Cleveland.
    6. Julio Davila, 2008. "The rationality of expectations formation and excess volatility," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00261582, HAL.
    7. Shurojit Chatterji & Subir Chattopadhyay, 2002. "Functional Sunspot Equilibria," Working Papers 0201, Centro de Investigacion Economica, ITAM, revised Nov 2003.
    8. Maldonado, Wilfredo Leiva, 2000. "Cycles, Steady States and Sunspot Equilibrium in Models with Memory," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 20(2), November.
    9. Bertocchi, Graziella & Kehagias, Athanasios, 1995. "Efficiency and optimality in stochastic models with production," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 303-325.
    10. Mauro Bambi & Sara Eugeni, 2021. "Nominal exchange rate determination and dynamics in an OLG framework," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 93-132, July.
    11. Bhattacharya, Joydeep & Russell, Steven, 2002. "Two-Period Cycles in a Three-Period Overlapping Generations Model," Staff General Research Papers Archive 10250, Iowa State University, Department of Economics.
    12. Timothy J. Kehoe & David K. Levine, 1990. "The Economics of Indeterminacy in Overlapping Generations Models," Levine's Working Paper Archive 2193, David K. Levine.
    13. Pierre-Andre Chiappori & Julio Davila, 1996. "Cycles and Sunspots : the Poincare-Hopf approach," Post-Print halshs-00286030, HAL.
    14. Shigoka, Tadashi, 1997. "On the nonstationary sunspot equilibria generated by an unbounded growth model," Japan and the World Economy, Elsevier, vol. 9(2), pages 261-277, May.
    15. Fukuda, Shin-ichi, 1998. "Sunspot equilibria and periodic cycles under idiosyncratic uncertainty," Journal of Economic Behavior & Organization, Elsevier, vol. 36(1), pages 127-138, July.
    16. Russell, Steven, 1997. ""Quasifundamental" Variation in the Price Level and the Inflation Rate," Journal of Economic Theory, Elsevier, vol. 74(1), pages 106-151, May.
    17. Subir Chattopadhyay, 1999. "- Information, Stabilization, And Welfare: The Case Of Sunspots," Working Papers. Serie AD 1999-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    18. Satyajit Chatterjee & Russell Cooper & B. Ravikumar, 1990. "Participation Dynamics: Sunspots and Cycles," NBER Working Papers 3438, National Bureau of Economic Research, Inc.
    19. Jackson Matthew O., 1994. "A Proof of the Existence of Speculative Equilibria," Journal of Economic Theory, Elsevier, vol. 64(1), pages 221-233, October.
    20. Aloisio Araujo & Wilfredo L. Maldonado & Diogo Pinheiro & Alberto A. Pinto & Mohammad Choubdar Soltanahmadi, 2021. "Refinement of dynamic equilibrium using small random perturbations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 17(3), pages 258-283, September.
    21. Mauro Bambi & Sara Eugeni, 2018. "Exchange rates, sunspots and cycles," Working Papers 2018_05, Durham University Business School.

Articles

  1. James Peck & Abolfazi Setayesh, 2023. "Bank Runs and the Optimality of Limited Banking," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 47, pages 100-110, January.
    See citations under working paper version above.
  2. Dan Levin & James Peck, 2023. "Misbehavior in Common Value Auctions: Bidding Rings and Shills," American Economic Journal: Microeconomics, American Economic Association, vol. 15(1), pages 171-200, February.

    Cited by:

    1. SHINOZAKI, Hiroki, 2024. "Shill-proof rules in object allocation problems with money," Discussion paper series HIAS-E-137, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.

  3. Peck, James & Rampal, Jeevant, 2019. "Non-optimality of state by state monopoly pricing with demand uncertainty: An example," Economics Letters, Elsevier, vol. 183(C), pages 1-1.

    Cited by:

    1. Hussain, Jafar & Lee, Chien-Chiang & Chen, Yongxiu, 2022. "Optimal green technology investment and emission reduction in emissions generating companies under the support of green bond and subsidy," Technological Forecasting and Social Change, Elsevier, vol. 183(C).

  4. Peck, James, 2018. "Competing mechanisms with multi-unit consumer demand," Journal of Economic Theory, Elsevier, vol. 177(C), pages 126-161.

    Cited by:

    1. De Meza, David & Reito, Francesco, 2020. "Too much waste, not enough rationing: the failure of stochastic, competitive markets," LSE Research Online Documents on Economics 104084, London School of Economics and Political Science, LSE Library.
    2. Seungjin Han, 2020. "Quasi Ex-Post Equilibrium in Competing Mechanisms," Department of Economics Working Papers 2020-11, McMaster University.

  5. Peck, James, 2017. "Temporary boycotts as self-fulfilling disruptions of markets," Journal of Economic Theory, Elsevier, vol. 169(C), pages 1-12.

    Cited by:

    1. Peck, James & Rampal, Jeevant, 2019. "Non-optimality of state by state monopoly pricing with demand uncertainty: An example," Economics Letters, Elsevier, vol. 183(C), pages 1-1.
    2. Yi Zheng, 2020. "Non-organized boycott: alliance advantage and free riding incentives in uneven wars of attrition," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 10(1), pages 123-141, March.
    3. Roberto A. Weber & Sili Zhang, 2023. "What Money Can Buy: How Market Exchange Promotes Values," CESifo Working Paper Series 10809, CESifo.
    4. Zijun Luo & Yonghong Zhou, 2020. "Decomposing the effects of consumer boycotts: evidence from the anti-Japanese demonstration in China," Empirical Economics, Springer, vol. 58(6), pages 2615-2634, June.

  6. Dan Levin & James Peck & Asen Ivanov, 2016. "Separating Bayesian Updating from Non-Probabilistic Reasoning: An Experimental Investigation," American Economic Journal: Microeconomics, American Economic Association, vol. 8(2), pages 39-60, May.
    See citations under working paper version above.
  7. Peck, James, 2014. "A battle of informed traders and the market game foundations for rational expectations equilibrium," Games and Economic Behavior, Elsevier, vol. 88(C), pages 153-173.

    Cited by:

    1. Andrés Carvajal, 2018. "Arbitrage pricing in non-Walrasian financial markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 951-978, December.
    2. Benhabib, Jess & Wang, Pengfei, 2015. "Private information and sunspots in sequential asset markets," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 558-584.
    3. Jess Benhabib & Xuewen Liu & Pengfei Wang, 2015. "Sentiments, Financial Markets, and Macroeconomic Fluctuations," NBER Working Papers 21294, National Bureau of Economic Research, Inc.
    4. Hu, Tai-Wei & Wallace, Neil, 2016. "Information aggregation in a large multi-stage market game," Journal of Economic Theory, Elsevier, vol. 161(C), pages 103-144.
    5. Huang, Xuesong, 2021. "Incentive compatible self-fulfilling mechanisms and rational expectations," Games and Economic Behavior, Elsevier, vol. 126(C), pages 100-135.

  8. Ivanov, Asen & Levin, Dan & Peck, James, 2013. "Behavioral biases in endogenous-timing herding games: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 87(C), pages 25-34.

    Cited by:

    1. Jones, Matthew T., 2014. "Strategic complexity and cooperation: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 352-366.
    2. Dan Levin & James Peck & Asen Ivanov, 2015. "Separating Bayesian Updating from Non-Probabilistic Reasoning: An Experimental Investigation," Working Papers 776, Queen Mary University of London, School of Economics and Finance.
    3. Hubert Janos Kiss & Ismael Rodriguez-Lara & Alfonso Rosa-Garcia, 2018. "Who runs first to the bank?," CERS-IE WORKING PAPERS 1826, Institute of Economics, Centre for Economic and Regional Studies.
    4. Meub, Lukas & Proeger, Till & Hüning, Hendrik, 2013. "A comparison of endogenous and exogenous timing in a social learning experiment," University of Göttingen Working Papers in Economics 167, University of Goettingen, Department of Economics.
    5. Brindisi, Francesco & Çelen, Boğaçhan & Hyndman, Kyle, 2014. "The effect of endogenous timing on coordination under asymmetric information: An experimental study," Games and Economic Behavior, Elsevier, vol. 86(C), pages 264-281.
    6. Hubert J. Kiss & Ismael Rodriguez-Lara & Alfonso Rosa-Garcia, 2020. "Who withdraws first? Line formation during bank runs," ThE Papers 20/02, Department of Economic Theory and Economic History of the University of Granada..
    7. Lukas Meub & Till Proeger & Hendrik Hüning, 2017. "A comparison of endogenous and exogenous timing in a social learning experiment," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 12(1), pages 143-166, April.

  9. Azrieli, Yaron & Peck, James, 2012. "A bank runs model with a continuum of types," Journal of Economic Theory, Elsevier, vol. 147(5), pages 2040-2055.

    Cited by:

    1. Catherine Mathieu & Henri Sterdyniak, 2019. "Economic policies int the Euro Area after the crisis," Sciences Po publications info:hdl:2441/7fs9bl6i6n9, Sciences Po.
    2. Huberto Ennis & Todd Keister, 2016. "Optimal banking contracts and financial fragility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(2), pages 335-363, February.
    3. Shakina, Ekaterina & Angerer, Martin, 2018. "Coordination and communication during bank runs," Journal of Behavioral and Experimental Finance, Elsevier, vol. 20(C), pages 115-130.
    4. Jarrow, Robert & Xu, Liheng, 2015. "Bank runs and self-insured bank deposits," The Quarterly Review of Economics and Finance, Elsevier, vol. 58(C), pages 180-189.

  10. Raymond Deneckere & James Peck, 2012. "Dynamic Competition With Random Demand and Costless Search: A Theory of Price Posting," Econometrica, Econometric Society, vol. 80(3), pages 1185-1247, May.

    Cited by:

    1. Diego Escobari & Jim Lee, 2014. "Demand uncertainty and capacity utilization in airlines," Empirical Economics, Springer, vol. 47(1), pages 1-19, August.
    2. Yannis Kerkemezos & Bas Karreman, 2020. "On the Benefits of Being Alone: Scheduling Changes, Intensity of Competition and Dynamic Airline Pricing," Tinbergen Institute Discussion Papers 20-042/VII, Tinbergen Institute.
    3. Escobari, Diego, 2012. "Asymmetric Price Adjustments in Airlines," MPRA Paper 42115, University Library of Munich, Germany.
    4. Andrés Martínez, María-Encarnación & Alfaro Navarro, José-Luis & Trinquecoste, Jean-François, 2017. "The effect of destination type and travel period on the behavior of the price of airline tickets," Research in Transportation Economics, Elsevier, vol. 62(C), pages 37-43.
    5. Escobari, Diego & Rupp, Nicholas & Meskey, Joseph, 2018. "Dynamic Price Discrimination in Airlines," MPRA Paper 88078, University Library of Munich, Germany.
    6. Diego, Escobari, 2014. "Estimating Dynamic Demand for Airlines," MPRA Paper 55408, University Library of Munich, Germany.
    7. Diego Escobari & Nicholas G. Rupp & Joseph Meskey, 2019. "An Analysis of Dynamic Price Discrimination in Airlines," Southern Economic Journal, John Wiley & Sons, vol. 85(3), pages 639-662, January.
    8. Edwards, Robert A. & Routledge, Robert R., 2022. "Information, Bertrand–Edgeworth competition and the law of one price," Journal of Mathematical Economics, Elsevier, vol. 101(C).
    9. Chiou, Yu-Chiun & Liu, Chia-Hsin, 2016. "Advance purchase behaviors of air tickets," Journal of Air Transport Management, Elsevier, vol. 57(C), pages 62-69.
    10. Benjamin Eden & Maya Eden & Oscar Oflaherty & Jonah Yuen, 2020. "Temporary Sales In Response To Aggregate Shocks," Vanderbilt University Department of Economics Working Papers 20-00001, Vanderbilt University Department of Economics.
    11. Benjamin Eden, 2017. "Inside the Price Dispersion Box: Evidence from U.S. Scanner Data," 2017 Meeting Papers 512, Society for Economic Dynamics.
    12. Escobari, Diego & Mellado, Cristhian, 2013. "The Choice of Airport, Airline, and Departure Date and Time: Estimating the Demand for Flights," MPRA Paper 47943, University Library of Munich, Germany.
    13. Bilotkach, Volodymyr & Gaggero, Alberto A. & Piga, Claudio A., 2015. "Airline pricing under different market conditions: Evidence from European Low-Cost Carriers," Tourism Management, Elsevier, vol. 47(C), pages 152-163.
    14. Escobari, Diego, 2017. "Airport, airline and departure time choice and substitution patterns: An empirical analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 103(C), pages 198-210.
    15. Akan, Mustafa & Ata, Barış & Dana, James D., 2015. "Revenue management by sequential screening," Journal of Economic Theory, Elsevier, vol. 159(PB), pages 728-774.
    16. Farr, Marina & Stoeckl, Natalie, 2018. "Overoptimism and the undervaluation of ecosystem services: A case-study of recreational fishing in Townsville, adjacent to the Great Barrier Reef," Ecosystem Services, Elsevier, vol. 31(PC), pages 433-444.
    17. Gaurab Aryal & Charles Murry & Jonathan W. Williams, 2018. "Price Discrimination in International Airline Markets," Boston College Working Papers in Economics 968, Boston College Department of Economics.
    18. Daniel Garcia, 2017. "Dynamic Pricing with Search Frictions," Vienna Economics Papers vie1703, University of Vienna, Department of Economics.
    19. Ching-jen Sun, 2017. "Dynamic price dispersion in Bertrand–Edgeworth competition," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(1), pages 235-261, March.
    20. Escobari, Diego & Jindapon, Paan, 2014. "Price Discrimination through Refund Contracts in Airlines," MPRA Paper 53629, University Library of Munich, Germany.
    21. Diego Escobari, 2012. "Dynamic Pricing, Advance Sales and Aggregate Demand Learning in Airlines," Journal of Industrial Economics, Wiley Blackwell, vol. 60(4), pages 697-724, December.
    22. Niloofar Fadavi, 2022. "Subgame perfect Nash equilibrium for dynamic pricing competition with finite planning horizon," Papers 2208.02842, arXiv.org.
    23. De Meza, David & Reito, Francesco, 2020. "Too much waste, not enough rationing: the failure of stochastic, competitive markets," LSE Research Online Documents on Economics 104084, London School of Economics and Political Science, LSE Library.
    24. Diego Escobari & Manuel A. Hernandez, 2019. "Separating Between Unobserved Consumer Types: Evidence From Airlines," Economic Inquiry, Western Economic Association International, vol. 57(2), pages 1215-1230, April.
    25. Benjamin Eden, 2015. "Price Dispersion and Demand Uncertainty: Evidence from US Scanner Data," 2015 Meeting Papers 44, Society for Economic Dynamics.
    26. Melis, Giuseppe & Piga, Claudio A, 2016. "Are all online hotel prices created dynamic? An empirical assessment," MPRA Paper 75896, University Library of Munich, Germany.
    27. Sieg, Gernot & Wessel, Jan, 2022. "I would if I could: Passing through VAT reductions in the german rail industry," Economics of Transportation, Elsevier, vol. 32(C).
    28. Peck, James, 2017. "Temporary boycotts as self-fulfilling disruptions of markets," Journal of Economic Theory, Elsevier, vol. 169(C), pages 1-12.
    29. Gaggero, Alberto A. & Ogrzewalla, Lukas & Bubalo, Branko, 2019. "Pricing of the long-distance bus service in Europe: The case of Flixbus," Economics of Transportation, Elsevier, vol. 19(C), pages 1-1.
    30. Alderighi, Marco & Gaggero, Alberto A & Piga, Claudio A, 2016. "The hidden side of dynamic pricing in airline markets," MPRA Paper 71674, University Library of Munich, Germany.
    31. Benjamin Eden, 2014. "Demand uncertainty and efficiency," Vanderbilt University Department of Economics Working Papers 14-00011, Vanderbilt University Department of Economics.
    32. Andrzej Skrzypacz & Simon Board, 2011. "Revenue Management with Forward-Looking Buyers," 2011 Meeting Papers 87, Society for Economic Dynamics.
    33. Courty, Pascal & Ozel, Sinan, 2017. "The Value of Online Scarcity Signals," CEPR Discussion Papers 12480, C.E.P.R. Discussion Papers.
    34. Chengyan Gu, 2023. "Market segmentation and dynamic price discrimination in the U.S. airline industry," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 22(5), pages 338-361, October.
    35. Benjamin Eden, 2013. "Price dispersion and efficiency," Vanderbilt University Department of Economics Working Papers 13-00012, Vanderbilt University Department of Economics.
    36. Chiou, Yu-Chiun & Liu, Chia-Hsin, 2016. "Advance purchase behaviors of air passengers: A continuous logit model," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 93(C), pages 474-484.
    37. Pycia, Marek & Woodward, Kyle, 2021. "Auctions of Homogeneous Goods: A Case for Pay-as-Bid," CEPR Discussion Papers 15656, C.E.P.R. Discussion Papers.
    38. Andrew Sweeting, 2012. "Dynamic Pricing Behavior in Perishable Goods Markets: Evidence from Secondary Markets for Major League Baseball Tickets," Journal of Political Economy, University of Chicago Press, vol. 120(6), pages 1133-1172.

  11. James Peck & Huanxing Yang, 2011. "Investment Cycles, Strategic Delay, And Self‐Reversing Cascades," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(1), pages 259-280, February.

    Cited by:

    1. Huanxing Yang, 2010. "Information aggregation and investment cycles with strategic complementarity," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(2), pages 281-311, May.
    2. Warren, Patrick L. & Wilkening, Tom S., 2012. "Regulatory fog: The role of information in regulatory persistence," Journal of Economic Behavior & Organization, Elsevier, vol. 84(3), pages 840-856.
    3. Camargo, Braz, 2014. "Learning in society," Games and Economic Behavior, Elsevier, vol. 87(C), pages 381-396.

  12. Peck, James & Shell, Karl, 2010. "Could making banks hold only liquid assets induce bank runs?," Journal of Monetary Economics, Elsevier, vol. 57(4), pages 420-427, May.

    Cited by:

    1. Wen-Yao Grace Wang & Paula Hernandez-Verme & Raymond A. K. Cox Author E-mail: rcox@unbc.ca, 2012. "Financial Fragility, Exchange-Rate Regimes, and Sudden Stops in a Small Open Economy," Ekonomi-tek - International Economics Journal, Turkish Economic Association, vol. 1(3), pages 25-54, September.
    2. Dwyer, Gerald P. & Hasman, Augusto & Samartín, Margarita, 2022. "Surety bonds and moral hazard in banking," Journal of Financial Stability, Elsevier, vol. 62(C).
    3. Huberto M. Ennis & Todd Keister, 2010. "On the fundamental reasons for bank fragility," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 96(1Q), pages 33-58.
    4. Azrieli, Yaron & Peck, James, 2012. "A bank runs model with a continuum of types," Journal of Economic Theory, Elsevier, vol. 147(5), pages 2040-2055.
    5. Anil K. Kashyap & Dimitrios P. Tsomocos & Alexandros Vardoulakis, 2017. "Optimal Bank Regulation in the Presence of Credit and Run Risk," Finance and Economics Discussion Series 2017-097, Board of Governors of the Federal Reserve System (U.S.).
    6. Meriläinen, Jari-Mikko & Junttila, Juha, 2020. "The relationship between credit ratings and asset liquidity: Evidence from Western European banks," Journal of International Money and Finance, Elsevier, vol. 108(C).
    7. James Peck & A. Setayesh, 2022. "Online Appendix to "Bank Runs and the Optimality of Limited Banking"," Online Appendices 21-90, Review of Economic Dynamics.

  13. Amir, Rabah & Aumann, Robert J. & Peck, James & Wooders, Myrna, 2009. "Introduction to the Special Issue of Games and Economic Behavior in honor of Martin Shubik," Games and Economic Behavior, Elsevier, vol. 65(1), pages 1-6, January.

    Cited by:

    1. Ricardo de O. Cavalcanti, 2010. "Inside-money theory after Diamond and Dybvig," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 96(1Q), pages 59-82.

  14. Dan Levin & James Peck & Lixin Ye, 2009. "Quality Disclosure And Competition," Journal of Industrial Economics, Wiley Blackwell, vol. 57(1), pages 167-196, March.

    Cited by:

    1. Zhang, Guangxia & Gong, Yeming & Hong, Xianpei, 2022. "Free rider effect of quality information disclosure in remanufacturing," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 166(C).
    2. Winand Emons & Claude Fluet, 2011. "Non-Comparative versus Comparative Advertising of Quality," Cahiers de recherche 1139, CIRPEE.
    3. Haowen Fan & Yulin Zhang & Yang Geng, 2022. "How to avoid your opponent's aggressive competition? The interplay between same‐side network externality and agent information level in two‐sided markets," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(7), pages 2794-2816, October.
    4. Zhao, Ju & Qiu, Ju & Zhou, Yong-Wu & Hu, Xiao-Jian & Yang, Ai-Feng, 2020. "Quality disclosure in the presence of strategic consumers," Journal of Retailing and Consumer Services, Elsevier, vol. 55(C).
    5. P. Vanin, 2009. "Competition, Reputation and Cheating," Working Papers 683, Dipartimento Scienze Economiche, Universita' di Bologna.
    6. Guan, Xu & Wang, Yulan, 2022. "Quality disclosure in a competitive environment with consumer’s elation and disappointment," Omega, Elsevier, vol. 108(C).
    7. Ludwig von Auer & Mark Trede, 2014. "Markets with Technological Progress: Pricing, Quality, and Novelty," Research Papers in Economics 2014-05, University of Trier, Department of Economics.
    8. Michael R. Galbreth & Bikram Ghosh, 2020. "The effect of exogenous product familiarity on endogenous consumer search," Quantitative Marketing and Economics (QME), Springer, vol. 18(2), pages 195-235, June.
    9. Levent Celik, 2014. "Information Unraveling Revisited: Disclosure of Horizontal Attributes," Journal of Industrial Economics, Wiley Blackwell, vol. 62(1), pages 113-136, March.
    10. Saak, Alexander E., 2011. "A Model of Labeling with Horizontal Differentiation and Cost Variability," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103540, Agricultural and Applied Economics Association.
    11. Daeyoung Jeong, 2019. "Job market signaling with imperfect competition among employers," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1139-1167, December.
    12. Jianqiang Zhang & Krista J. Li, 2021. "Quality Disclosure Under Consumer Loss Aversion," Management Science, INFORMS, vol. 67(8), pages 5052-5069, August.
    13. GABSZEWICZ, Jean J. & RESENDE, Joana, 2012. "Differentiated credence goods and price competition," LIDAM Reprints CORE 2461, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    14. Schwardmann, Peter & Ispano, Alessandro, 2016. "Competitive pricing and quality disclosure to cursed consumers," VfS Annual Conference 2016 (Augsburg): Demographic Change 145573, Verein für Socialpolitik / German Economic Association.
    15. Janssen, Maarten, 2017. "Regulating False Discloure," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168159, Verein für Socialpolitik / German Economic Association.
    16. Ghislandi, Simone & Kuhn, Michael, 2016. "Asymmetric information in the regulation of the access to markets," Department of Economics Working Paper Series 219, WU Vienna University of Economics and Business.
    17. Panos Markopoulos & Kartik Hosanagar, 2013. "A Model of Product Design and Information Disclosure Investments," Working Papers 13-25, NET Institute.
    18. Fatas, Enrique & Morales, Antonio J. & Sonntag, Axel, 2020. "Empowering consumers to reduce corporate tax avoidance: Theory and Experiments," IHS Working Paper Series 21, Institute for Advanced Studies.
    19. Ginzburg, Boris, 2019. "A Simple Model of Competitive Testing," MPRA Paper 94605, University Library of Munich, Germany.
    20. Chen, Yijuan & Hu, Xiangting & Li, Sanxi, 2017. "Quality differentiation and firms’ choices between online and physical markets," International Journal of Industrial Organization, Elsevier, vol. 52(C), pages 96-132.
    21. Rick Harbaugh & Theodore To, 2005. "False Modesty: When Disclosing Good News Looks Bad," Working Papers 2005-05, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    22. Rick Harbaugh & John W. Maxwell & Beatrice Roussillon, 2011. "Label Confusion: The Groucho Effect of Uncertain Standards," Management Science, INFORMS, vol. 57(9), pages 1512-1527, February.
    23. Agostino Manduchi, 2013. "Non-neutral information costs with match-value uncertainty," Journal of Economics, Springer, vol. 109(1), pages 1-25, May.
    24. Ennio Bilancini & Leonardo Boncinelli, 2021. "When market unraveling fails and mandatory disclosure backfires: Persuasion games with labeling and costly information acquisition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(3), pages 585-599, August.
    25. Bikram Ghosh & Michael R. Galbreth, 2013. "The Impact of Consumer Attentiveness and Search Costs on Firm Quality Disclosure: A Competitive Analysis," Management Science, INFORMS, vol. 59(11), pages 2604-2621, November.
    26. Rick Harbaugh & John W. Maxwell & Beatrice Roussillon, 2006. "The Groucho Effect of Uncertain Standards," Working Papers 2006-09, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    27. Xu Guan & Ying‐Ju Chen, 2016. "Timing of information acquisition in a competitive environment," Naval Research Logistics (NRL), John Wiley & Sons, vol. 63(1), pages 3-22, February.
    28. Li, Yanran & Li, Bo & Zheng, Wei & Chen, Xue, 2021. "Reveal or hide? Impact of demonstration on pricing decisions considering showrooming behavior," Omega, Elsevier, vol. 102(C).
    29. Xinyu Li & Ronald Peeters, 2017. "Rivalry information acquisition and disclosure," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 26(3), pages 610-623, September.
    30. Hong, Xianpei & Zhou, Menghuan & Gong, Yeming, 2021. "Dilemma of quality information disclosure in technology licensing," European Journal of Operational Research, Elsevier, vol. 294(2), pages 543-557.
    31. n/a, 2012. "Commentaries and Reply to "Unintended Nutrition Consequences: Firm Responses to the Nutrition Labeling and Education Act" by Christine Moorman, Rosellina Ferraro, and Joel Huber," Marketing Science, INFORMS, vol. 31(5), pages 738-755, September.
    32. Stefano Fontana & Daniela Coluccia & Silvia Solimene, 2019. "VAIC as a Tool for Measuring Intangibles Value in Voluntary Multi-Stakeholder Disclosure," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1679-1699, December.
    33. Wipo, 2013. "World Intellectual Property Report 2013 - Brands: Reputation and Image in the Global Marketplace," WIPO Economics & Statistics Series, World Intellectual Property Organization - Economics and Statistics Division, number 2013:944, June.
    34. Piccolo, Salvatore & Pignataro, Aldo, 2018. "Consumer loss aversion, product experimentation and tacit collusion," International Journal of Industrial Organization, Elsevier, vol. 56(C), pages 49-77.
    35. Xun Bian & Justin C. Contat & Bennie D. Waller & Scott A. Wentland, 2023. "Why Disclose Less Information? Toward Resolving a Disclosure Puzzle in the Housing Market," The Journal of Real Estate Finance and Economics, Springer, vol. 66(2), pages 443-486, February.
    36. Xu Guan & Baoshan Liu & Ying‐ju Chen & Hongwei Wang, 2020. "Inducing Supply Chain Transparency through Supplier Encroachment," Production and Operations Management, Production and Operations Management Society, vol. 29(3), pages 725-749, March.
    37. Panos M. Markopoulos & Kartik Hosanagar, 2018. "A Model of Product Design and Information Disclosure Investments," Management Science, INFORMS, vol. 64(2), pages 739-759, February.
    38. Huan Cao & Xu Guan & Tijun Fan & Li Zhou, 2020. "The Acquisition of Quality Information in a Supply Chain with Voluntary vs. Mandatory Disclosure," Production and Operations Management, Production and Operations Management Society, vol. 29(3), pages 595-616, March.
    39. Michiel Bijlsma & Pierre Koning & Victoria Shestalova, 2013. "The Effect of Competition on Process and Outcome Quality of Hospital Care in the Netherlands," De Economist, Springer, vol. 161(2), pages 121-155, June.
    40. Oliver Board, 2009. "Competition And Disclosure," Journal of Industrial Economics, Wiley Blackwell, vol. 57(1), pages 197-213, March.
    41. Yiwen Bian & Shuai Yan & Zelong Yi & Xu Guan & Ying‐Ju Chen, 2022. "Quality Certification in Agricultural Supply Chains: Implications from Government Information Provision," Production and Operations Management, Production and Operations Management Society, vol. 31(4), pages 1456-1472, April.
    42. Frederick Dongchuhl Oh & Junghum Park, 2019. "Potential competition and quality disclosure," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(4), pages 614-630, November.
    43. Maxim Ivanov, 2013. "Information revelation in competitive markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 337-365, January.
    44. Yongrui Duan & Xiaoman Ruan & Chen Chen, 2022. "Information‐disclosing strategies of third‐party sellers on retail platforms," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(3), pages 718-730, April.

  15. Asen Ivanov & Dan Levin & James Peck, 2009. "Hindsight, Foresight, and Insight: An Experimental Study of a Small-Market Investment Game with Common and Private Values," American Economic Review, American Economic Association, vol. 99(4), pages 1484-1507, September.
    See citations under working paper version above.
  16. Levin, Dan & Peck, James, 2008. "Investment dynamics with common and private values," Journal of Economic Theory, Elsevier, vol. 143(1), pages 114-139, November.
    See citations under working paper version above.
  17. Ozdenoren, Emre & Peck, James, 2008. "Ambiguity aversion, games against nature, and dynamic consistency," Games and Economic Behavior, Elsevier, vol. 62(1), pages 106-115, January.

    Cited by:

    1. Carvalho, M., 2011. "Essays in behavioral microeconomic theory," Other publications TiSEM 97fbb10e-5f12-420b-b8c4-e, Tilburg University, School of Economics and Management.
    2. Hanany Eran & Klibanoff Peter, 2009. "Updating Ambiguity Averse Preferences," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 9(1), pages 1-53, November.
    3. Carvalho, M., 2012. "Static vs Dynamic Auctions with Ambiguity Averse Bidders," Other publications TiSEM 1f078e67-88ec-46e3-ae18-1, Tilburg University, School of Economics and Management.
    4. Dominiak, Adam & Duersch, Peter, 2015. "Benevolent and Malevolent Ellsberg Games," Working Papers 0592, University of Heidelberg, Department of Economics.
    5. Carvalho, M., 2012. "Static vs Dynamic Auctions with Ambiguity Averse Bidders," Discussion Paper 2012-022, Tilburg University, Center for Economic Research.
    6. Georgalos, Konstantinos, 2021. "Dynamic decision making under ambiguity: An experimental investigation," Games and Economic Behavior, Elsevier, vol. 127(C), pages 28-46.
    7. Bhattacharya, Vivek & Manuelli, Lucas & Straub, Ludwig, 2018. "Imperfect public monitoring with a fear of signal distortion," Journal of Economic Theory, Elsevier, vol. 175(C), pages 1-37.
    8. Stefan Trautmann & Peter P. Wakker, 2018. "Making the Anscombe-Aumann approach to ambiguity suitable for descriptive applications," Journal of Risk and Uncertainty, Springer, vol. 56(1), pages 83-116, February.

  18. Howard P. Marvel & James Peck, 2008. "Inventory Turnover and Product Variety," Journal of Law and Economics, University of Chicago Press, vol. 51(3), pages 461-478, August.

    Cited by:

    1. Christopher Klein & Shea Slonaker, 2010. "Chart Turnover and Sales in the Recorded Music Industry: 1990–2005," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 36(4), pages 351-372, June.
    2. Marvel, Howard P. & Wang, Hao, 2009. "Distribution contracts to support optimal inventory holdings under demand uncertainty," International Journal of Industrial Organization, Elsevier, vol. 27(5), pages 625-631, September.
    3. Emek Basker & Shawn Klimek & Pham Hoang Van, 2012. "Supersize It: The Growth of Retail Chains and the Rise of the “Big‐Box” Store," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 21(3), pages 541-582, September.
    4. Marvel, Howard P. & Yang, Huanxing, 2008. "Group purchasing, nonlinear tariffs, and oligopoly," International Journal of Industrial Organization, Elsevier, vol. 26(5), pages 1090-1105, September.

  19. Levin, Dan & Peck, James & Ye, Lixin, 2007. "Bad news can be good news: Early dropouts in an English auction with multi-dimensional signals," Economics Letters, Elsevier, vol. 95(3), pages 462-467, June.

    Cited by:

    1. Levin, Dan & Peck, James, 2008. "Investment dynamics with common and private values," Journal of Economic Theory, Elsevier, vol. 143(1), pages 114-139, November.
    2. Heumann, Tibor, 2019. "An ascending auction with multi-dimensional signals," Journal of Economic Theory, Elsevier, vol. 184(C).

  20. James Peck & Karl Shell, 2003. "Equilibrium Bank Runs," Journal of Political Economy, University of Chicago Press, vol. 111(1), pages 103-123, February.
    See citations under working paper version above.
  21. Levin, Dan & Peck, James, 2003. "To Grab for the Market or to Bide One's Time: A Dynamic Model of Entry," RAND Journal of Economics, The RAND Corporation, vol. 34(3), pages 536-556, Autumn.

    Cited by:

    1. Guy Meunier & Jean-Pierre Ponssard & Francisco Ruiz-Aliseda, 2015. "Antitrust versus industrial policies, entry and welfare," Working Papers 2015-01, Alimentation et Sciences Sociales.
    2. Hanazono, Makoto & Yang, Huanxing, 2009. "Dynamic entry and exit with uncertain cost positions," International Journal of Industrial Organization, Elsevier, vol. 27(3), pages 474-487, May.
    3. Pozzi, Andrea & Pavan, Giulia & Rovigatti, Gabriele, 2017. "Strategic Entry and Potential Competition: Evidence from Compressed Gas Fuel Retail," CEPR Discussion Papers 12113, C.E.P.R. Discussion Papers.
    4. Andreas Park & Lones Smith, 2008. "Caller Number Five and Related Timing Games," Working Papers tecipa-317, University of Toronto, Department of Economics.
    5. Levin, Dan & Peck, James, 2008. "Investment dynamics with common and private values," Journal of Economic Theory, Elsevier, vol. 143(1), pages 114-139, November.
    6. Kretschmer, Tobias & Muehlfeld, Katrin, 2006. "Co-opetition and prelaunch in standard-setting for developing technologies," LSE Research Online Documents on Economics 19843, London School of Economics and Political Science, LSE Library.
    7. Chia-Hui Chen & Junichiro Ishida & Arijit Mukherjee, 2021. "Pioneer, Early Follower or Late Entrant: Entry Dynamics with Learning and Market Competition," ISER Discussion Paper 1132, Institute of Social and Economic Research, Osaka University.
    8. Chia-Hui Chen & Junichiro Ishida & Arijit Mukherjee, 2018. "An Entry Game with Learning and Market Competition," ISER Discussion Paper 1043, Institute of Social and Economic Research, Osaka University.
    9. Rossella Argenziano & Philipp Schmidt-Dengler, 2014. "Clustering In N-Player Preemption Games," Journal of the European Economic Association, European Economic Association, vol. 12(2), pages 368-396, April.
    10. John Bennett & Saul Estrin, 2006. "Regulatory Barriers and Entry in Developing Economies," CEDI Discussion Paper Series 06-02, Centre for Economic Development and Institutions(CEDI), Brunel University.
    11. Andreas Park & Lones Smith, 2006. "Caller Number Five: Timing Games that Morph from One Form to Another," Cowles Foundation Discussion Papers 1554, Cowles Foundation for Research in Economics, Yale University.
    12. Marc Rysman, 2003. "Adoption Delay in a Standards War," Working Papers 03-11, NET Institute, revised Oct 2003.
    13. van Leeuwen, Boris & Offerman, Theo & van de Ven, Jeroen, 2018. "Fight or Flight : Endogenous Timing in Conflicts," Discussion Paper 2018-052, Tilburg University, Center for Economic Research.
    14. Sridhar Balasubramanian & Shantanu Bhattacharya & Vish V. Krishnan, 2015. "Pricing Information Goods: A Strategic Analysis of the Selling and Pay-per-Use Mechanisms," Marketing Science, INFORMS, vol. 34(2), pages 218-234, March.
    15. Anderson, Steven T & Friedman, Daniel & Oprea, Ryan, 2008. "Preemption Games: Theory and Experiment," Santa Cruz Department of Economics, Working Paper Series qt0pr4g8h1, Department of Economics, UC Santa Cruz.
    16. John Bennett & Saul Estrin, 2006. "Regulatory Barriers & Entry in Developing Economies," William Davidson Institute Working Papers Series 824, William Davidson Institute at the University of Michigan.
    17. Yang, Xiaodong & Cai, Gangshu (George) & Chen, Ying-Ju & Yang, Shu-Jung Sunny, 2017. "Competitive Retailer Strategies for New Market Research, Entry and Positioning Decisions," Journal of Retailing, Elsevier, vol. 93(2), pages 172-186.
    18. Becker, Jan U. & Clement, Michel & Nöth, Markus, 2016. "Start-ups, incumbents, and the effects of takeover competition," Journal of Business Research, Elsevier, vol. 69(12), pages 5925-5933.
    19. McAdams, David, 2015. "On the benefits of dynamic bidding when participation is costly," Journal of Economic Theory, Elsevier, vol. 157(C), pages 959-972.
    20. Eric Rasmusen & Young-Ro Yoon, 2008. "First versus Second-Mover Advantage with Information Asymmetry about the Size of New Markets," Working Papers 2008-15, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.

  22. Peck, James, 2003. "Large market games with demand uncertainty," Journal of Economic Theory, Elsevier, vol. 109(2), pages 283-299, April.

    Cited by:

    1. Régis Breton, 2006. "Robustness of equilibrium price dispersion in finite market games," Post-Print halshs-00256847, HAL.
    2. Peck, James & Spear, Stephen E., 2003. "Introduction to a Festschrift for Karl Shell," Journal of Economic Theory, Elsevier, vol. 109(2), pages 153-155, April.
    3. Ehud Kalai, 2005. "Partially-Specified Large Games," Discussion Papers 1403, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    4. Régis Breton & Bertrand Gobillard, 2006. "Robustness of equilibrium price dispersion in finite market games," Working Papers hal-04138854, HAL.

  23. James Peck & Matthew O. Jackson, 1999. "Asymmetric information in a competitive market game: Reexamining the implications of rational expectations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 13(3), pages 603-628.
    See citations under working paper version above.
  24. Deneckere, Raymond & Marvel, Howard P & Peck, James, 1997. "Demand Uncertainty and Price Maintenance: Markdowns as Destructive Competition," American Economic Review, American Economic Association, vol. 87(4), pages 619-641, September.
    See citations under working paper version above.
  25. Raymond Deneckere & Howard P. Marvel & James Peck, 1996. "Demand Uncertainty, Inventories, and Resale Price Maintenance," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(3), pages 885-913.
    See citations under working paper version above.
  26. Peck, James, 1996. "Demand Uncertainty, Incomplete Markets, and the Optimality of Rationing," Journal of Economic Theory, Elsevier, vol. 70(2), pages 342-363, August.

    Cited by:

    1. Joris Drayer & Daniel A. Rascher & Chad D. McEvoy, 2012. "An examination of underlying consumer demand and sport pricing using secondary market data," Sport Management Review, Taylor & Francis Journals, vol. 15(4), pages 448-460, October.
    2. Karp, Larry & Perloff, Jeffrey M., 2003. "When Promoters Like Scalpers," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt52d579j4, Department of Agricultural & Resource Economics, UC Berkeley.
    3. Peck, James, 1996. "Competition in Transactions Mechanisms: The Emergence of Price Competition," Games and Economic Behavior, Elsevier, vol. 16(1), pages 109-123, September.
    4. Gérard P. Cachon & Martin A. Lariviere, 1999. "Capacity Choice and Allocation: Strategic Behavior and Supply Chain Performance," Management Science, INFORMS, vol. 45(8), pages 1091-1108, August.
    5. Haucap, Justus & Klein, Gordon J., 2012. "Einschränkungen der Preisgestaltung im Einzelhandel aus wettbewerbsökonomischer Perspektive," DICE Ordnungspolitische Perspektiven 22, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    6. Michael Sattinger, 2002. "A Queuing Model of the Market for Access to Trading Partners," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(2), pages 533-548, May.
    7. Jan A. Van Mieghem & Maqbool Dada, 1999. "Price Versus Production Postponement: Capacity and Competition," Management Science, INFORMS, vol. 45(12), pages 1639-1649, December.
    8. James Peck & Karl Shell, 2003. "Bank Portfolio Restrictions and Equilibrium Bank Runs," Levine's Bibliography 666156000000000077, UCLA Department of Economics.

  27. Peck, James, 1996. "Competition in Transactions Mechanisms: The Emergence of Price Competition," Games and Economic Behavior, Elsevier, vol. 16(1), pages 109-123, September.
    See citations under working paper version above.
  28. Marvel, Howard P & Peck, James, 1995. "Demand Uncertainty and Returns Policies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 36(3), pages 691-714, August.

    Cited by:

    1. Mehmet Gümüş & Saibal Ray & Shuya Yin, 2013. "Returns Policies Between Channel Partners for Durable Products," Marketing Science, INFORMS, vol. 32(4), pages 622-643, July.
    2. Charles E. Hyde, 2001. "What Motivates Returns Policies?," Department of Economics - Working Papers Series 821, The University of Melbourne.
    3. Pei, Zhi & Paswan, Audhesh & Yan, Ruiliang, 2014. "E-tailer׳s return policy, consumer׳s perception of return policy fairness and purchase intention," Journal of Retailing and Consumer Services, Elsevier, vol. 21(3), pages 249-257.
    4. Daniel Granot & Shuya Yin, 2005. "On the effectiveness of returns policies in the price‐dependent newsvendor model," Naval Research Logistics (NRL), John Wiley & Sons, vol. 52(8), pages 765-779, December.
    5. João Montez, 2015. "Controlling opportunism in vertical contracting when production precedes sales," RAND Journal of Economics, RAND Corporation, vol. 46(3), pages 650-670, September.
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      • Tatsuhiko Nariu & David Flath & Atsuo Utaka, 2012. "Returns System With Rebates," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(4), pages 1243-1256, November.
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    1. Krebs, Tom, 1997. "Statistical Equilibrium in One-Step Forward Looking Economic Models," Journal of Economic Theory, Elsevier, vol. 73(2), pages 365-394, April.
    2. Philippe Bacchetta & Cédric Tille & Eric van Wincoop, 2012. "Self-Fulfilling Risk Panics," American Economic Review, American Economic Association, vol. 102(7), pages 3674-3700, December.
    3. Huberto M. Ennis & Todd Keister, 2001. "Optimal policy with probabilistic equilibrium selection," Working Paper 01-03, Federal Reserve Bank of Richmond.
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    7. George J.Mailath & Andrew Postlewaite & Larry Samuelson, 2003. "Sunk Investments Lead to Unpredictable Prices (Second Version)," PIER Working Paper Archive 04-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 30 Jan 2004.
    8. Huberto M. Ennis, 2005. "Complementariedades y Política Macroeconómica," Department of Economics, Working Papers 054, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.
    9. George Mailath & Andrew Postlewaite & Larry Samuelson, 2003. "Sunk Investments Lead to Unpredictable Prices," PIER Working Paper Archive 03-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
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    11. Chao Gu, 2010. "Asymmetric Information and Bank Runs," Working Papers 1005, Department of Economics, University of Missouri.
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    13. Russell, Steven, 1997. ""Quasifundamental" Variation in the Price Level and the Inflation Rate," Journal of Economic Theory, Elsevier, vol. 74(1), pages 106-151, May.
    14. Paul Beaudry & Amartya Lahiri, 2014. "The Allocation of Aggregate Risk, Secondary Market Trades, and Financial Boom–Bust Cycles," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(1), pages 1-42, February.
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    4. Sonja Brangewitz & Gaël Giraud, 2012. "Learning by Trading in Infinite Horizon Strategic Market Games with Default," Post-Print halshs-00747899, HAL.
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    6. Francesca Busetto & Giulio Codognato & Sayantan Ghosal & Ludovic A. Julien & Simone Tonin, 2018. "Existence and Optimality of Cournot-Nash Equilibria in a Bilateral Oligopoly with Atoms and an Atomless Part," EconomiX Working Papers 2018-10, University of Paris Nanterre, EconomiX.
    7. Huberto M. Ennis & Todd Keister, 2001. "Optimal policy with probabilistic equilibrium selection," Working Paper 01-03, Federal Reserve Bank of Richmond.
    8. Busetto, Francesca & Codognato, Giulio, 2006. ""Very Nice" trivial equilibria in strategic market games," Journal of Economic Theory, Elsevier, vol. 131(1), pages 295-301, November.
    9. Dmitry Levando & Maxim Sakharov, 2018. "Natural Instability of Equilibrium Prices," Working Papers 2018:01, Department of Economics, University of Venice "Ca' Foscari".
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    12. Toraubally, Waseem A., 2018. "Large market games, the law of one price, and market structure," Journal of Mathematical Economics, Elsevier, vol. 78(C), pages 13-26.
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    36. Dmitry Levando, 2012. "A Survey Of Strategic Market Games," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 57(194), pages 63-106, July - Se.
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    38. Nikolas Tsakas & Dimitrios Xefteris & Nicholas Ziros, 2021. "Vote Trading in Power-Sharing Systems: A Laboratory Investigation," The Economic Journal, Royal Economic Society, vol. 131(636), pages 1849-1882.
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    41. Herakles M. Polemarchakis & Indrajit Ray, 2004. "Sunspots, Correlation and Competition," Discussion Papers 04-15, Department of Economics, University of Birmingham.
    42. Koutsougeras, L., 1999. "Market Games with Multiple Trading Posts," Other publications TiSEM 2c6ceba8-81ce-402f-a3fa-1, Tilburg University, School of Economics and Management.
    43. Koutsougeras, L., 1999. "A Remark on the Number of Trading Posts in Strategic Market Games," Discussion Paper 1999-04, Tilburg University, Center for Economic Research.
    44. Régis Breton & Bertrand Gobillard, 2006. "Robustness of equilibrium price dispersion in finite market games," Working Papers hal-04138854, HAL.
    45. Koutsougeras, Leonidas C. & Ziros, Nicholas, 2008. "A three way equivalence," Journal of Economic Theory, Elsevier, vol. 139(1), pages 380-391, March.
    46. Brangewitz, Sonja & Giraud, Gael, 2016. "Learning in Infinite Horizon Strategic Market Games with Collateral and Incomplete Information," Center for Mathematical Economics Working Papers 456, Center for Mathematical Economics, Bielefeld University.
    47. Busetto, Francesca & Codognato, Giulio & Ghosal, Sayantan, 2008. "Cournot-Walras Equilibrium as a Subgame Perfect Equilibrium," The Warwick Economics Research Paper Series (TWERPS) 837, University of Warwick, Department of Economics.
    48. Peck, James, 2014. "A battle of informed traders and the market game foundations for rational expectations equilibrium," Games and Economic Behavior, Elsevier, vol. 88(C), pages 153-173.
    49. Leonidas C. Koutsougeras & Nicholas Ziros, 2015. "The Second Welfare Theorem in Economies with Non-Walrasian Markets," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(3), pages 415-432, June.
    50. Koutsougeras, Leonidas C. & Ziros, Nicholas, 2011. "Non-Walrasian decentralization of the core," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 610-616.
    51. A. Dickson & R. Hartley, 2005. "The strategic Marshallian cross and bilateral oligopoly," Economics Discussion Paper Series 0523, Economics, The University of Manchester.
    52. Dimitrios Xefteris & Nicholas Ziros, 2016. "Strategic vote trading in power-sharing systems," University of Cyprus Working Papers in Economics 01-2016, University of Cyprus Department of Economics.
    53. Leonidas C. Koutsougeras & Claudia Meo, 2018. "An asymptotic analysis of strategic behavior for exchange economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(2), pages 301-325, August.
    54. KOUTSOUGERAS, Leonidas C., 1998. "On a three way equivalence," LIDAM Discussion Papers CORE 1998009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    55. Koutsougeras, L., 1999. "Market Games with Multiple Trading Posts," Discussion Paper 1999-40, Tilburg University, Center for Economic Research.
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    57. Mitra, Manipushpak & Ray, Indrajit & Roy, Souvik, 2024. "A Characterisation of Trading Equilibria in Strategic Market Games," CRETA Online Discussion Paper Series 83, Centre for Research in Economic Theory and its Applications CRETA.
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    1. Gollier, C. & Lindsey, J. & Zeckhauser, R., 1996. "Investment Flexibility and the Acceptance of Risk," Papers 96.421, Toulouse - GREMAQ.
    2. Matthew O. Jackson & James Peck, 1993. "Costly Information Acquisition," Discussion Papers 1087, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Garratt, Rod & Keister, Todd & Qin, Cheng-Zhong & Shell, Karl, 2002. "Equilibrium Prices When the Sunspot Variable Is Continuous," Journal of Economic Theory, Elsevier, vol. 107(1), pages 11-38, November.
    4. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    5. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    6. Daron Acemoglu & Matthew O. Jackson, 2011. "History, Expectations, and Leadership in the Evolution of Social Norms," NBER Working Papers 17066, National Bureau of Economic Research, Inc.
    7. James Peck & Matthew O. Jackson, 1999. "Asymmetric information in a competitive market game: Reexamining the implications of rational expectations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 13(3), pages 603-628.
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  34. James Peck & Karl Shell, 1991. "Market Uncertainty: Correlated and Sunspot Equilibria in Imperfectly Competitive Economies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(5), pages 1011-1029.

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    1. Krebs, Tom, 1997. "Statistical Equilibrium in One-Step Forward Looking Economic Models," Journal of Economic Theory, Elsevier, vol. 73(2), pages 365-394, April.
    2. D'ASPREMONT, Claude & DOS SANTOS, R. & GÉRARD-VARET, Louis-André, 1992. "General equilibrium concepts under imperfect competition: a Cournotion approach," LIDAM Discussion Papers CORE 1992057, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Jess Benhabib & Pengfei Wang & Yi Wen, 2013. "Uncertainty and Sentiment-Driven Equilibria," NBER Working Papers 18878, National Bureau of Economic Research, Inc.
    4. Huberto M. Ennis & Todd Keister, 2001. "Optimal policy with probabilistic equilibrium selection," Working Paper 01-03, Federal Reserve Bank of Richmond.
    5. Ennis, Huberto M. & Keister, Todd, 2010. "Banking panics and policy responses," Journal of Monetary Economics, Elsevier, vol. 57(4), pages 404-419, May.
    6. Matthew O. Jackson & James Peck, 1993. "Costly Information Acquisition," Discussion Papers 1087, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    7. Garratt, Rod & Keister, Todd & Qin, Cheng-Zhong & Shell, Karl, 2002. "Equilibrium Prices When the Sunspot Variable Is Continuous," Journal of Economic Theory, Elsevier, vol. 107(1), pages 11-38, November.
    8. Pradeep Dubey & Siddhartha Sahi & Martin Shubik, 2015. "Money as Minimal Complexity," Cowles Foundation Discussion Papers 1990, Cowles Foundation for Research in Economics, Yale University.
    9. Karl Shell & Randall Wright, 1991. "Indivisibilities, lotteries, and sunspot equilibria," Staff Report 133, Federal Reserve Bank of Minneapolis.
    10. Aditya Goenka & David Kelly & Stephen Spear, "undated". "Endogenous Strategic Business Cycles," GSIA Working Papers 2, Carnegie Mellon University, Tepper School of Business.
    11. Sushant Acharya & Jess Benhabib & Zhen Huo, 2017. "The Anatomy of Sentiment-Driven Fluctuations," NBER Working Papers 23136, National Bureau of Economic Research, Inc.
    12. Todd Keister & Huberto M. Ennis, 2007. "Commitment and Equilibrium Bank Runs," 2007 Meeting Papers 509, Society for Economic Dynamics.
    13. Pradeep Dubey & Siddhartha Sahi & Martin Shubik, 2014. "Minimally Complex Exchange Mechanisms: Emergence of Prices, Markets, and Money," Cowles Foundation Discussion Papers 1945, Cowles Foundation for Research in Economics, Yale University.
    14. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
    15. Dutta, Jayasri & Morris, Stephen, 1997. "The Revelation of Information and Self-Fulfilling Beliefs," Journal of Economic Theory, Elsevier, vol. 73(1), pages 231-244, March.
    16. Pengfei Wang & Yi Wen, 2007. "Incomplete information and self-fulfilling prophecies," Working Papers 2007-033, Federal Reserve Bank of St. Louis.
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    18. Gaël Giraud & Dimitrios Tsomocos, 2004. "Global uniqueness and money non-neutrality in a Walrasian dynamics without rational expectations," Cahiers de la Maison des Sciences Economiques b04121, Université Panthéon-Sorbonne (Paris 1).
    19. Gaël Giraud & Céline Rouchon, 2002. "Consistent collusion-proofness and correlation in exchange economies," Post-Print halshs-00498879, HAL.
    20. George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
    21. Bhattacharya, Joydeep & Guzman, Mark G. & Shell, Karl, 2009. "Price Level Volatility: A Simple Model of Money Taxes and Sunspots," Staff General Research Papers Archive 5167, Iowa State University, Department of Economics.
    22. Davila, Julio, 2003. "Multiplicity, instability and sunspots in games," Journal of Mathematical Economics, Elsevier, vol. 39(3-4), pages 197-217, June.
    23. Sonia Giannatale, 2008. "Sunspot-like equilibria in an overlapping generations economy with strategic interactions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 35(1), pages 191-199, April.
    24. Jaimovich, Nir, 2007. "Firm dynamics and markup variations: Implications for sunspot equilibria and endogenous economic fluctuations," Journal of Economic Theory, Elsevier, vol. 137(1), pages 300-325, November.
    25. Giraud, Gael, 2003. "Strategic market games: an introduction," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 355-375, July.
    26. John Duffy & Eric O'N. Fisher, 2005. "Sunspots in the Laboratory," American Economic Review, American Economic Association, vol. 95(3), pages 510-529, June.
    27. Benhabib, Jess & Wang, Pengfei, 2015. "Private information and sunspots in sequential asset markets," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 558-584.
    28. Jasmina Arifovic & Cars Hommes & Anita Kopányi-Peuker & Isabelle Salle, 2020. "Ten isn’t large! Group size and coordination in a large-scale experiment," Staff Working Papers 20-30, Bank of Canada.
    29. Arce M., Daniel G. & Sandler, Todd, 2001. "Transnational public goods: strategies and institutions," European Journal of Political Economy, Elsevier, vol. 17(3), pages 493-516, September.
    30. Herakles M. Polemarchakis & Indrajit Ray, 2004. "Sunspots, Correlation and Competition," Discussion Papers 04-15, Department of Economics, University of Birmingham.
    31. Arifovic, Jasmina & Jiang, Janet Hua, 2019. "Strategic uncertainty and the power of extrinsic signals– evidence from an experimental study of bank runs," Journal of Economic Behavior & Organization, Elsevier, vol. 167(C), pages 1-17.
    32. Dietmar Fehr & Frank Heinemann & Aniol Llorente-Saguer, 2011. "The Power of Sunspots: An Experimental Analysis," SFB 649 Discussion Papers SFB649DP2011-070, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    33. Gali, J., 1991. "Monopolistic Competition, Business Cycles and the Composition of Aggregate Demand," Papers 92-03, Columbia - Graduate School of Business.
    34. James Peck & Matthew O. Jackson, 1999. "Asymmetric information in a competitive market game: Reexamining the implications of rational expectations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 13(3), pages 603-628.
    35. Peter T Leeson, 2014. "Oracles," Rationality and Society, , vol. 26(2), pages 141-169, May.
    36. Jess Benhabib & Xuewen Liu & Pengfei Wang, 2015. "Sentiments, Financial Markets, and Macroeconomic Fluctuations," NBER Working Papers 21294, National Bureau of Economic Research, Inc.
    37. Jackson Matthew O., 1994. "A Proof of the Existence of Speculative Equilibria," Journal of Economic Theory, Elsevier, vol. 64(1), pages 221-233, October.
    38. Chen, Guo & Korpeoglu, C. Gizem & Spear, Stephen E., 2017. "Price stickiness and markup variations in market games," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 95-103.
    39. C. Gizem Korpeoglu & Ersin Körpeoğlu & Soo-Haeng Cho, 2020. "Supply Chain Competition: A Market Game Approach," Management Science, INFORMS, vol. 66(12), pages 5648-5664, December.
    40. John Geanakoplos & Pradeep Dubey, 1989. "Existence of Walras Equilibrium Without a Price Player of Generalized Game," Cowles Foundation Discussion Papers 912, Cowles Foundation for Research in Economics, Yale University.
    41. Gaël GIRAUD & Sonia WEYERS, 2003. "Strategic Market Games with a Finite Horizon and Incomplete," Working Papers of BETA 2003-04, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    42. Dubey, Pradeep & Sahi, Siddhartha & Shubik, Martin, 2018. "Graphical exchange mechanisms," Games and Economic Behavior, Elsevier, vol. 108(C), pages 452-465.
    43. Hoelle, Matthew, 2014. "The relation between sunspot effects and multiplicity in incomplete markets models with numeraire assets," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 119-127.

  35. Peck, James, 1990. "Liquidity without money: A General equilibrium model of market microstructure," Journal of Financial Intermediation, Elsevier, vol. 1(1), pages 80-103, March.

    Cited by:

    1. Xue-Zhong He, 2003. "Asset Pricing, Volatility and Market Behaviour: A Market Fraction Approach," Research Paper Series 95, Quantitative Finance Research Centre, University of Technology, Sydney.
    2. Carl Chiarella & Roberto Dieci & Xue-Zhong He, 2008. "Heterogeneity, Market Mechanisms, and Asset Price Dynamics," Research Paper Series 231, Quantitative Finance Research Centre, University of Technology, Sydney.
    3. Yavas, Abdullah, 2001. "The immediacy service of the specialist as a coordination mechanism," International Review of Economics & Finance, Elsevier, vol. 10(3), pages 205-221, July.
    4. Chiarella, Carl & He, Xue-Zhong, 2003. "Heterogeneous Beliefs, Risk, And Learning In A Simple Asset-Pricing Model With A Market Maker," Macroeconomic Dynamics, Cambridge University Press, vol. 7(4), pages 503-536, September.
    5. Matthew O. Jackson & Sandro Brusco, 1997. "The Optimal Design of a Market," Discussion Papers 1186, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    6. Abdullah Yavaş, 1993. "A Simple Model Of Bid‐Ask Spread And Search," Review of Financial Economics, John Wiley & Sons, vol. 2(2), pages 73-84, March.

  36. Manuelli, Rodolfo E & Peck, James, 1990. "Exchange Rate Volatility in an Equilibrium Asset Pricing Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(3), pages 559-574, August.

    Cited by:

    1. Lise Clain-Chamosset-Yvrard & Takashi Kamihigashi, 2015. "International Transmission of Bubble Crashes in a Two-Country Overlapping Generations," Discussion Paper Series DP2015-43, Research Institute for Economics & Business Administration, Kobe University.
    2. Uhlig, Harald & Schilling, Linda, 2018. "Some simple Bitcoin Economics," CEPR Discussion Papers 12831, C.E.P.R. Discussion Papers.
    3. Allen Head & Shouyong Shi, 2002. "A Fundamental Theory of Exchange Rates and Direct Currency Trades," Working Papers shouyong-03-01, University of Toronto, Department of Economics.
    4. Arifovic, Jasmina, 1996. "The Behavior of the Exchange Rate in the Genetic Algorithm and Experimental Economies," Journal of Political Economy, University of Chicago Press, vol. 104(3), pages 510-541, June.
    5. Enrique Martínez García, 2008. "Globalization and monetary policy: an introduction," Globalization Institute Working Papers 11, Federal Reserve Bank of Dallas.
    6. Benigno, Pierpaolo & Uhlig, Harald & Schilling, Linda, 2022. "Cryptocurrencies, Currency Competition, and The Impossible Trinity," CEPR Discussion Papers 13943, C.E.P.R. Discussion Papers.
    7. Garratt, Rod & Keister, Todd & Qin, Cheng-Zhong & Shell, Karl, 2002. "Equilibrium Prices When the Sunspot Variable Is Continuous," Journal of Economic Theory, Elsevier, vol. 107(1), pages 11-38, November.
    8. Maria Grydaki & Stilianos Fountas, 2009. "Exchange Rate Volatility and Output Volatility: A Theoretical Approach," Review of International Economics, Wiley Blackwell, vol. 17(3), pages 552-569, August.
    9. U. Michael Bergman & Shakill Hassan, 2008. "Currency Crises and Monetary Policy in an Economy with Credit Constraints: The No Interest Parity Case," EPRU Working Paper Series 08-01, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    10. M. Salto & T. Pietra, 2013. "Welfare and excess volatility of exchange rates," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(2), pages 501-529, March.
    11. Edouard Djeutem & Ken Kasa, 2012. "Robustness and Exchange Rate Volatility," Discussion Papers dp12-01, Department of Economics, Simon Fraser University.
    12. Eugeni, Sara, 2015. "Nominal Exchange Rates and Net Foreign Assets' Dynamics: the Stabilization Role of Valuation Effects," MPRA Paper 63549, University Library of Munich, Germany.
    13. Barnett, Richard C. & Ho, Mun S., 1996. "Sunspots, currency substitution, and inflationary finance," Journal of International Economics, Elsevier, vol. 41(1-2), pages 73-93, August.
    14. Alexei Deviatov & Igor Dodonov, 2006. "Exchange-rate volatility, exchange-rate disconnect, and the failure of volatility conservation," Working Papers w0079, New Economic School (NES).
    15. Ravikumar, B & Wallace, Neil, 2002. "A benefit of uniform currency," MPRA Paper 22951, University Library of Munich, Germany.
    16. Harald Uhlig & Taojun Xie, 2020. "Parallel Digital Currencies and Sticky Prices," NBER Working Papers 28300, National Bureau of Economic Research, Inc.
    17. Charles Engel, 1996. "A Model of Foreign Exchange Rate Indetermination," NBER Working Papers 5766, National Bureau of Economic Research, Inc.
    18. Irasema Alonso, 2004. "Persistent, Nonfundamental Exchange Rate Fluctuations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 687-706, July.
    19. Mauro Bambi & Sara Eugeni, 2021. "Nominal exchange rate determination and dynamics in an OLG framework," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 93-132, July.
    20. Jennifer Castle & Takamitsu Kurita, 2022. "Structural relationships between cryptocurrency prices and monetary policy indicators," Economics Series Working Papers 972, University of Oxford, Department of Economics.
    21. Bernd Süssmuth, 2022. "The mutual predictability of Bitcoin and web search dynamics," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 41(3), pages 435-454, April.
    22. Lise Clain-Chamosset-Yvrard & Takashi Kamihigashi, 2017. "International transmission of bubble crashes in a two-country overlapping generations model," Post-Print hal-01505766, HAL.
    23. Sara Eugeni, 2019. "Exchange rate volatility and cooperation in an incomplete markets' economy," Working Papers 2019_02, Durham University Business School.
    24. Richard Clay Barnett, 2003. "Smuggling, non-fundamental uncertainty, and parallel market exchange rate volatility," Canadian Journal of Economics, Canadian Economics Association, vol. 36(3), pages 701-727, August.
    25. SALTO, Matteo, 1998. "Indeterminacy of equilibrium allocations in monetary open economies," LIDAM Discussion Papers CORE 1998062, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    26. Carsten K. Nielsen, 2001. "Three Exchange Rate Regimes and a Monetary Union: Determinacy, Currency Crises, and Welfare," Working Papers 0104, Banco de España.
    27. Sangdai Ryoo, 2002. "Testing for Sunspot in the Foreign Exchange Market," International Economic Journal, Taylor & Francis Journals, vol. 16(3), pages 39-58.
    28. Mauro Bambi & Sara Eugeni, 2018. "Exchange rates, sunspots and cycles," Working Papers 2018_05, Durham University Business School.
    29. Süssmuth, Bernd, 2019. "Bitcoin and Web Search Query Dynamics: Is the price driving the hype or is the hype driving the price?," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203566, Verein für Socialpolitik / German Economic Association.

  37. Peck, James & Shell, Karl, 1990. "Liquid markets and competition," Games and Economic Behavior, Elsevier, vol. 2(4), pages 362-377, December.

    Cited by:

    1. Antoine Mandel & Herbert Gintis, 2016. "Decentralized Pricing and the equivalence between Nash and Walrasian equilibrium," Post-Print halshs-01296646, HAL.
    2. Ghosal, Sayantan & Morelli, Massimo, 2004. "Retrading in market games," Journal of Economic Theory, Elsevier, vol. 115(1), pages 151-181, March.
    3. Koutsougeras, Leonidas C., 2009. "Convergence of strategic behavior to price taking," Games and Economic Behavior, Elsevier, vol. 65(1), pages 234-241, January.
    4. Amir, Rabah & Bloch, Francis, 2009. "Comparative statics in a simple class of strategic market games," Games and Economic Behavior, Elsevier, vol. 65(1), pages 7-24, January.
    5. Francis Bloch & Hélène Ferrer, 2001. "Trade Fragmentation and Coordination in Strategic Market Games," Post-Print halshs-02174875, HAL.
    6. Gaël Giraud, 2000. "Notes sur les jeux stratégiques de marchés," Post-Print halshs-00499316, HAL.
    7. Gaël Giraud & Hubert Stahn, 2008. "On Shapley-Shubik Equilibria with Financial Markets," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00306459, HAL.
    8. Goenka, Aditya, 2000. "Informed Trading and the "Leakage" of Information," Economics Discussion Papers 8835, University of Essex, Department of Economics.
    9. Giraud, Gael, 2003. "Strategic market games: an introduction," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 355-375, July.
    10. Dmitry Levando, 2012. "A Survey Of Strategic Market Games," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 57(194), pages 63-106, July - Se.
    11. Peck, James, 2014. "A battle of informed traders and the market game foundations for rational expectations equilibrium," Games and Economic Behavior, Elsevier, vol. 88(C), pages 153-173.
    12. Toraubally, Waseem A., 2022. "Price dispersion and vanilla options in a financial market game," Finance Research Letters, Elsevier, vol. 50(C).
    13. Leonidas C. Koutsougeras & Claudia Meo, 2018. "An asymptotic analysis of strategic behavior for exchange economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(2), pages 301-325, August.
    14. Peck, James, 2003. "Large market games with demand uncertainty," Journal of Economic Theory, Elsevier, vol. 109(2), pages 283-299, April.
    15. Alexander Matros & John Duffy & Ted Temzelides, 2006. "Competitive Behavior in Market Games: Evidence and Theory," Working Paper 201, Department of Economics, University of Pittsburgh, revised Sep 2008.
    16. John Duffy & Alexander Matros & Ted Temzelides, 2008. "Competitive Behavior in Market Games: Evidence and Theory," Working Paper 366, Department of Economics, University of Pittsburgh, revised Jul 2010.
    17. Duffy, John & Matros, Alexander & Temzelides, Ted, 2011. "Competitive behavior in market games: Evidence and theory," Journal of Economic Theory, Elsevier, vol. 146(4), pages 1437-1463, July.
    18. Liao, Mouhua, 2016. "A market game with symmetric limit orders," Journal of Mathematical Economics, Elsevier, vol. 64(C), pages 66-76.
    19. Chen, Guo & Korpeoglu, C. Gizem & Spear, Stephen E., 2017. "Price stickiness and markup variations in market games," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 95-103.

  38. Peck, James, 1988. "On the existence of sunspot equilibria in an overlapping generations model," Journal of Economic Theory, Elsevier, vol. 44(1), pages 19-42, February.
    See citations under working paper version above.
  39. Peck, James, 1987. "Non-connectedness of the set of equilibrium money prices: The static economy," Journal of Economic Theory, Elsevier, vol. 43(2), pages 348-354, December.

    Cited by:

    1. Kiminori Matsuyama, 1989. "Complicated Topological Structure of the Set of Equilibrium Prices," Discussion Papers 826, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

  40. Peck, James, 1987. "Non-connectedness of the set of equilibrium money prices: The overlapping-generations economy," Journal of Economic Theory, Elsevier, vol. 43(2), pages 355-363, December.

    Cited by:

    1. Kiminori Matsuyama, 1989. "Complicated Topological Structure of the Set of Equilibrium Prices," Discussion Papers 826, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

Chapters

  1. Richard McLean & James Peck & Andrew Postlewaite, 2005. "On Price-Taking Behavior in Asymmetric Information Economies," Studies in Economic Theory, in: Alessandro Citanna & John Donaldson & Herakles Polemarchakis & Paolo Siconolfi & Stephan E. Spear (ed.), Essays in Dynamic General Equilibrium Theory, pages 129-142, Springer.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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