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Summer 1997, Volume 28, Issue 2
- 372-384 Strategic Choice of Quality When Quality is Costly: The Persistence of the High-Quality Advantage
by Ulrich Lehmann-Grube
Spring 1997, Volume 28, Issue 1
- 1-24 Capital Structure with Countervailing Incentives
by Yossef Spiegel & Daniel F. Spulber - 25-36 Inefficiency of the Subgame Optimal Entry Regulation
by Jaehong Kim - 37-62 Nonlinear Pricing in Vertically Related Duopolies
by Kai-Uwe Kuhn - 63-81 The Design of Multidimensional Auctions
by Fernando Branco - 82-106 Collusion Over the Business Cycle
by Kyle Bagwell & Robert Staiger - 107-119 Credence Goods and Fraudelent Experts
by Winand Emons - 120-134 Optimal Use of Information in Litigation: Should Regulatory Information Be Withheld to Deter Frivolous Suits?
by Yeon-Koo Che & Dietrich Earnhart - 135-149 Technology-Traditing Coalitions in Supergames
by Curtis Eaton & Mukesh Eswaran - 150-167 The Value of Correlated Signals in Agencies
by Madhav V. Rajan & Bharat Sarath - 168-187 Multidimensional Signalling and Diversification
by Yongmin Chen - 188-205 Strategic Delay and the Onset of Investment Cascades
by Jianbo Zhang
Winter 1996, Volume 27, Issue 4
- 641-659 Endogenous Leadership in a New Market
by Giovanni Maggi - 660-680 Capacity, Entry, and Forward Induction
by Kyle Bagwell & Garey Ramey - 681-699 An Experimental Examination of the Walrasian Tatonnement Mechanism
by Corinne Bronfman & Kevin McCabe & David Porter & Stephen Rassenti & Vernon Smith - 700-721 Bounding the Effects of R&D: An Investigation Using Matched Establishment-Firm Data
by James D. Adams & Adam B. Jaffe - 722-746 Patent Policy and the Direction of Technological Change
by Mukesh Eswaran & Nancy Gallini - 747-769 A Dynamic Theory of Countervailing Power
by Christopher M. Snyder - 770-786 Treble Damages and the Incentive to Sue and Settle
by Hugh C. Briggs III & Kathleen D. Huryn & Mark E. McBride - 787-802 Cheap Talk and Reputation in Repeated Pretrial Negotiation
by Jeong-Yoo Kim - 803-815 The Value of Information About Product Quality
by Edward E. Schlee - 819-847 Protecting the Environment When Costs and Benefits Are Privately Known
by Tracy R. Lewis
Autumn 1996, Volume 27, Issue 3
- 429-451 Dynamic Pricing in Retail Gasoline Markets
by Severin Boreinstein & Andrea Shepard - 452-478 Entry, Its Deterrence, and Its Accommodation: A Study of the U.S. Photographic Film Industry
by Vrinda Kadiyali - 479-501 Agency Costs and the Limits of Integration
by Trond E. Olsen - 502-522 R&D, Scope Economies, and Plant Performance
by Tor Jakob Klette - 523-541 When Managers Cover Their Posteriors: Making the Decisions the Market Wants to See
by Adam Brandenburger & Ben Polak - 542-562 Do Consumers Search for the Highest Price? Oligopoly Equilibrium and Monopoly Optimum in Differentiated Products Markets
by Norbert Schulz & Konrad Stahl - 563-582 Paying for Permanence: An Economic Analysis of EPA's Cleanup Decisions at Superfund Sites
by Shreekant Gupta & George Van Houtven & Maureen Cropper - 583-595 Planned Obsolescence and the R&D Decision
by Michael Waldman - 596-617 Market Regulation and Multimarket Rivalry
by Owen R. Phillips & Charles F. Mason - 618-640 If OSHA Is So Bad, Why is Compliance So Good?
by David Weil
Summer 1996, Volume 27, Issue 2
- 207-220 On the Use of Ceiling-Price Commitments by Monopolists
by Yongmin Chen & Robert W. Rosenthal - 221-239 Why Market Shares Matter: An Information-Based Theory
by Ramon Caminal & Xavier Vives - 240-268 International Price Discrimination in the European Car Market
by Frank Verboven - 269-280 Optimal Awards and Penalties When the Probability of Prevailing Varies Among Plaintiffs
by A. Mitchell Polinsky & Daniel L. Rubinfeld - 281-309 Product Variety and Firm Agglomeration
by Jeffrey H. Fischer & Joseph E. Harrington Jr. - 310-321 The Timing of Out-of-Court Settlements
by Gary M. Fournier & Thomas W. Zuehlke - 322-331 Protecting Early Innovators: Should Second-Generation Products Be Patentable?
by Suzanne Scotchmer - 332-345 Traffic-Based Cost Allocation in a Network
by Dominique Henriet & Herve' Moulin - 346-364 The Optimal Suppression of a Low-Cost Technology by a Durable-Good Monopoly
by Larry S. Karp & Jeffrey M. Perloff - 365-390 Understanding the Supply Decisions of Nonprofits: Modelling the Location of Private Schools
by Thomas A. Downes & Shane M. Greenstein - 391-414 Product Line Decisions and the Coase Conjecture
by Kai-Uwe Kuhn & A. Jorge Padilla - 415-248 Death and Tobacco Taxes
by Michael J. Moore
Spring 1996, Volume 27, Issue 1
- 1-19 Exclusive Dealing, Common Agency, and Multiprincipals Incentive Theory
by David Martimort - 32-59 Scale, Scope, and Spillovers: The Determinants of Research Productivity in Drug Discovery
by Rebecca Henderson & Iain Cockburn - 60-83 Optimal Patent Design and the Diffusion of Innovations
by Carmen Matutes & Pierre Regibeau & Katharine Rockett - 84-98 Strategic Nonparticipation
by Philippe Jehiel & Benny Moldovanu - 99-123 Physician Financial Incentives and Cesarean Section Delivery
by Jonathan Gruber & Maria Owings - 124-147 Stock Price Manipulation Through Takeover Bids
by Mark Bagnoli & Barton L. Lipman - 148-164 Consumer Product Safety Regulation in the United States and the United Kingdom: The Case of Bicycles
by Wesley A. Magat & Michael J. Moore - 165-182 Political Constraints on Executive Compensation: Evidence from the Electric Utility Industry
by Paul L. Joskow & Nancy L. Rose & Catherine Wolfram - 183-196 New Evidence on Trends in Vehicle Emissions
by Matthew E. Kahn - 197-206 Optimal Law Enforcement and Victim Precaution
by Keith N. Hylton
Winter 1995, Volume 26, Issue 4
- 557-574 Product and Process Flexibility in an Innovative Environment
by Susan Athey & Armin Schmutzler - 575-590 Continuous Approximations in the Study of Hierarchies
by Timothy Van Zandt - 591-613 Moral Hazard and Risk Spreading in Partnerships
by Martin Gaynor & Paul Gertler - 614-629 Partnerships as Insurance Devices: Theory and Evidence
by Kevin Lang & Peter-John Gordon - 630-653 Overt Interfunctional Conflict (and its Reduction Through Business Strategy)
by Julio J. Rotemberg & Garth Saloner - 654-672 Hierarchical Decentralization of Incentive Contracts
by Nahum D. Melumad & Dilip Mookherjee & Stefan Reichelstein - 675-689 Costly Distortion of Information in Agency Problems
by Giovanni Maggi & Andres Rodriguez-Clare - 690-703 Costly Verification of Cost Performance and the Competition for Incentive Contracts
by Stephanie A. Dunne & Mark A. Loewenstein - 704-719 Contractual Contingencies and Renegotiation
by M. Dewatripont & E. Maskin - 720-743 Linearity with Project Selection and Controllable Diffusion Rate in Continuous-Time Principal-Agent Problems
by Jaeyoung Sung - 744-760 Optimal Incentive Schemes When Only the Agents' "Best" Output Matters to the Principal
by Steven D. Levitt - 761-781 Double-Sided Moral Hazard and the Nature of Share Contracts
by Sugato Bhattacharyya & Francine Lafontaine - 782-793 Benefits of Control, Managerial Ownership, and the Stock Returns of Acquiring Firms
by R. Glenn Hubbard & Darius Palia
Autumn 1995, Volume 26, Issue 3
- 343-361 Optimal Capital Structure in Agency Relationships
by Tracy R. Lewis & David E.M. Sappington - 362-377 Behind the Revolving Door: A New View of Public Utility Regulation
by David J. Salant - 378-397 Revolving Doors and the Optimal Tolerance for Agency Collusion
by Yeon-Koo Che - 398-417 Bid Rigging and the Threat of Government Prosecution
by Chantale LaCasse - 418-430 Innovation and Natural Resources: A Dynamic Game with Uncertainty
by Christopher Harris & John Vickers - 431-451 The Role of Exclusive Territories in Producers' Competition
by Patrick Rey & Joseph Stiglitz - 452-478 A Comparison of Public Policies for Lead Recycling
by Hilary A. Sigman - 479-501 Adoption of Technologies with Network Effects: An Empirical Examination of the Adoption of Teller Machines
by Garth Saloner & Andrea Shepard - 502-518 Electoral Support and the Capture of Legislators: Evidence from North Carolina's Vote on Radioactive Waste Disposal
by Dennis Coates - 519-536 Testing for Employer Monopsony in Turn-of-the-Century Coal Mining
by William M. Boal - 537-556 Endogenous Structures of Association in Oligopolies
by Francis Bloch
Summer 1995, Volume 26, Issue 2
- 163-179 Option Contracts and Renegotiation: A Solution to the Hold-Up Problem
by Georg Noldeke & Klaus M. Schmidt - 180-202 On the Efficiency of Privately Stipulated Damages for Breach of Contract: Entry Barriers, Reliance, and Renegotiation
by Kathryn E. Spier & Michael D. Whinston - 203-221 Keeping Society in the Dark: On the Admissibility of Pretrial Negotiations as Evidence in Court
by Andrew F. Daughety & Jennifer F. Reinganum - 222-242 An Economic Analysis of Scrappage
by Robert W. Hahn - 243-256 Regulating Complementary Products: A Comparative Institutional Analysis
by Richard J. Gilbert & Michael H. Riordan - 257-276 On Productivity and Plant Ownership Change: New Evidence from the Longitudinal Research Database
by Robert H. McGuckin & Sang V. Nguyen - 277-295 Managed Care as a Public Cost-Containment Mechanism
by Dana P. Goldman - 296-313 Fault, Settlement, and Negligence Law
by Daniel Kessler - 314-330 The Competitive Effects of Mergers: Stock Market Evidence from the U.S. Steel Dissolution Suit
by George L. Mullin & Joseph C. Mullin & Wallace P. Mullin - 331-342 Buying Frenzies and Seller-Induced Excess Demand
by Patrick DeGraba
Spring 1995, Volume 26, Issue 1
- 1-19 Regulating a Dominant Firm: Unknown Demand and Industry Structure
by Gary Biglaiser & Ching-to Albert Ma - 20-33 On the Division of Profit in Sequential Innovation
by Jerry R. Green & Suzanne Scotchmer - 34-57 Patent Scope, Antitrust Policy, and Cumulative Innovation
by Howard F. Chang - 58-74 Trade-ins and Introductory Offers in a Monopoly
by Ann van Ackere & Diane J. Reyniers - 75-92 Testing for Imperfect Competition at the Fulton Fish Market
by Kathryn Graddy - 93-112 Determinants of Participation in Accelerated Vehicle-Retirement Programs
by Anna Alberini & Winston Harrington & Virginia McConnell - 113-130 Limit Qualities and Entry Deterrence
by Shabtai Donnenfeld & Shlomo Weber - 131-147 Antitrust and Higher Education: Was There a Conspiracy to Restrict Financial Aid?
by Dennis W. Carlton & Gustavo E. Bamberger & Roy J. Epstein - 148-162 Competition Over Price and Service Rate When Demand is Stochastic: A Strategic Analysis
by Raymond Deneckere & James Peck
Winter 1994, Volume 25, Issue 4
- 501-517 The Commitment Value of Contracts under Dynamic Renegotiation
by Paul Beaudry & Michel Poitevin - 518-537 Heterogeneity in Organizational Form: Why Otherwise Identical Firms Choose Different Incentives for Their Managers
by Benjamin E. Hermalin - 538-554 The Dynamic Efficiency of Regulatory Constitutions
by Richard J. Gilbert & David M. Newbery - 555-589 Computing Markov-Perfect Nash Equilibria: Numerical Implications of a Dynamic Differentiated Product Model
by Ariel Pakes & Paul McGuire - 590-607 Price and Quality Cycles for Experience Goods
by Douglas Gale & Robert W. Rosenthal - 608-618 Asymmetric Price Competition with Price Inertia
by Arthur Fishman - 619-634 Service Time Competition
by I.P.L. Png & David Reitman
Autumn 1994, Volume 25, Issue 3
- 361-381 The Determinants of Efficiency and Solvency in Savings and Loans
by Benjamin E. Hermalin & Nancy E. Wallace - 382-401 Irreversible Choice of Uncertain Technologies with Network Externalities
by Jay Pil Choi - 402-423 Do Important Drugs Reach the Market Sooner?
by David Dranove & David Meltzer - 424-440 The Capital Structure of a Regulated Firm
by Yossef Spiegel & Daniel F. Spulber - 441-454 Learning by Doing and Competition in the Early Rayon Industry
by Ronald S. Jarmin - 455-466 Double Moral Hazard and Resale Price Maintenance
by Richard E. Romano - 467-487 Market Power and Mergers in Laboratory Markets with Posted Prices
by Douglas D. Davis & Charles A. Holt - 488-499 Plant Age and Technology Use in US. Manufacturing Industries
by Timothy Dunne
Summer 1994, Volume 25, Issue 2
- 197-214 Pretrial Bargaining and the Design of Fee-Shifting Rules
by Kathryn E. Spier - 215-241 An Empirical Investigation of Procurement Contract Structures
by Gregory Vistnes - 242-262 Estimating Discrete-Choice Models of Product Differentiation
by Steven T. Berry - 263-283 Optional Time-of-Use Prices for Electricity: Econometric Analysis of Surplus and Pareto Impacts
by Kenneth Train & Gil Mehrez - 284-296 Optimal Retail Contracts with Asymmetric Information and Moral Hazard
by Benjamin F. Blair & Tracy R. Lewis - 297-318 Curbing Agency Problems in the Procurement Process by Protest Oversight
by Robert C. Marshall & Michael J. Meurer & Jean-Francois Richard - 319-333 The Importance of Patent Scope: An Empirical Analysis
by Joshua Lerner - 334-347 Entrepreneurial Decisions and Liquidity Constraints
by Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen - 348-359 Open- versus Closed-Door Negotiations
by Motty Perry & Larry Samuelson
Spring 1994, Volume 25, Issue 1
- 1-19 Honesty and Evasion in the Tax Compliance Game
by Brian Erard & Jonathan S. Feinstein - 20-36 Acquisition and Disclosure of Information Prior to Sale
by Steven Shavell - 37-57 Theories of Cartel Stability and the Joint Executive Committee
by Glenn Ellison - 58-71 News Management and the Value of Firms
by H.S. Shin - 72-93 On the Existence of Predatory Pricing: An Experimental Study of Reputation and Entry Deterrence in the Chain-Store Game
by Yun Joo Jung & John H. Kagel & Dan Levin - 94-109 Mortality Effects of Regulatory Costs and Policy Evaluation Criteria
by W. Kip Viscusi - 110-127 Capacity Constraints and Cycles in Property-Casualty Insurance Markets
by Anne Gron - 128-140 Product Portfolios and the Introduction of New Products: An Example from the Insecticide Industry
by Peter S. Burton - 141-159 Inventories and the Short-Run Dynamics of Commodity Prices
by Robert S. Pindyck - 160-170 Hedonic Price Indexes for Spreadsheets and an Empirical Test for Network Externalities
by Neil Gandal - 171-185 How Hospital Ownership Affects Access to Care for the Uninsured
by Edward C. Norton & Douglas O. Staiger - 186-196 Dynamic Duopoly with Best-Price Clauses
by Monika Schnitzer
Winter 1993, Volume 24, Issue 4
- 479-502 Preemptive Investment with Resalable Capacity
by Murugappa Krishnan & Lars-Hendrick Roller - 503-528 Rank, Stock, Order, and Epidemic Effects in the Diffusion of New Process Technologies: An Empirical Model
by Massoud Karshenas & Paul L. Stoneman - 529-541 Regulation of Multiagent Research and Development
by Trond E. Olsen - 542-558 Did Deregulation Affect Aircraft Engine Maintenance? An Empirical Policy Analysis
by D. Mark Kennet - 559-569 Equilibrium and Adverse Selection
by Colin Rose - 570-590 Horizontal Subcontracting
by Yossef Spiegel - 591-604 Capital Investment Strategies under Uncertain Regulation
by Elizabeth Olmstead Teisberg - 605-624 The Medicare Hospice Benefit: The Effectiveness of Price Incentives in Health Care Policy
by Vivian Hamilton - 625-630 Shifting Plaintiffs' Fees versus Increasing Damage Awards
by Louis Kaplow - 631-645 Partial Collusion Fosters Minimum Product Differentiation
by James W. Friedman & Jacques-Francois Thisse - 646-668 Equilibrium Incentives for Exclusive Dealing in a Differentiated Products Oligopoly
by David Besanko & Martin K. Perry - 668-680 Design Competition through Multidimensional Auctions
by Yeon-Koo Che - 681-695 Fulfilled Expectations of Entry
by Jaehong Kim
Autumn 1993, Volume 24, Issue 3
- 313-327 Mortal Managers and Long-Term Goals: An Impossibility Result
by Carlos Alberto Mello-e-Souza - 328-342 Working Capital and Fixed Investment: New Evidence on Financing Constraints
by Steven M. Fazzari & Bruce C. Petersen - 343-356 Contingent Fees for Attorneys: An Economic Analysis
by Daniel F. Rubinfeld & Suzanne Scotchmer - 357-379 Takeover Motives during the Conglomerate Merger Wave
by John G. Matsusaka - 380-398 Competition in a Market for Informed Experts' Services
by Asher Wolinsky - 399-417 Consumer Choice and Cournot Behavior in Capacity-Constrained Duopoly Competition
by Leonard F. Herk - 418-438 The Effect of Industrial Structure on Learning by Doing in Nuclear Power Plant Operation
by Richard K. Lester & Mark J. McCabe - 439-454 Demand and Pricing of Telecommunications Services: Evidence and Welfare Implications
by Carlos Martins-Filho & John W. Mayo - 455-465 Information Sharing in Oligopoly: The Truth-Telling Problem
by Amir Ziv - 466-477 Incentives for Cost-Reducing Investment in a Signalling Model of Product Quality
by Shiou Shieh
Summer 1993, Volume 24, Issue 2
- 157-197 R&D: Competition, Risk, and Performance
by Herman C. Quirmbach - 198-211 The Profitability of Innovating Firms
by Paul Geroski & Steve Machin & John Van Reenen - 212-223 Middlemen as Experts
by Gary Biglaiser - 224-235 Complexity Considerations and Market Behavior
by Chaim Fershtman & Ehud Kalai - 236-247 I'm Not a High-Quality Firm -- But I Play One on TV
by Mark N. Hertzendorf - 248-270 Underinvestment and Incompetence as Responses to Radical Innovation: Evidence from the Photolithographic Alignment Equipment Industry
by Rebecca Henderson - 271-285 Coordination, Incentives, and the Ratchet Effect
by John M. Litwack - 286-303 Corporate Financial Policy, Taxation, and Macroeconomic Risk
by Mark Gertler & R. Glenn Hubbard - 304-312 The Crowding-Out Effects of Long Duration of Patents
by Chien-fu Chou & Oz Shy
Spring 1993, Volume 24, Issue 1
- 1-18 Market Power and Price Increases for Basic Cable Service Since Deregulation
by Robert N. Rubinovitz - 19-39 Did Installed Base Given an Incumbent Any (Measurable) Advantages in Federal Computer Procurement?
by Shane M. Greenstein - 40-57 Bargaining with Noisy Delegation
by Dallas Burtraw - 58-77 Contractual Form, Retail Price, and Asset Characteristics in Gasoline Retailing
by Andrea Shepard - 78-100 Transaction Costs and the Design of Cropshare Contracts
by Douglas W. Allen & Dean Lueck - 101-125 Politics and Social Costs: Estimating the Impact of Collective Action on Hazardous Waste Facilities
by James T. Hamilton - 126-146 The Efficiency of Incomplete Contracts: An Empirical Analysis of Air Force Engine Procurement
by Keith J. Crocker & Kenneth J. Reynolds - 147-155 Bilateral Most-Favored-Customer Pricing and Collusion
by William S. Neilson & Harold Winter
Winter 1992, Volume 23, Issue 4
- 445-462 Entry and Competitive Structure in Deregulated Airline Markets: An Event Study Analysis of People Express
by Michael D. Whinston & Scott C. Collins - 463-492 Congressional Control or Judicial Independence: The Determinants of U.S. Supreme Court Labor-Relations Decisions, 1949-1988
by Pablo T. Spiller & Rafael Gely - 493-506 Signalling Strength: Limit Pricing and Predatory Pricing
by Greg LeBlanc - 507-517 Deterrence with Multiple Defendants: An Explanation for "Unfair" Plea Bargains
by Bruce H. Kobayashi - 518-534 Monopolistic Competition When Price and Quality are Imperfectly Observable
by David Dranove & Mark A. Satterthwaite - 535-547 Mix and Match Compatibility with Vertical Product Dimensions
by Michael A. Einhorn - 548-563 Perpetual Signalling with Imperfectly Correlated Costs
by Loretta J. Mester - 564-578 Price-Cap versus Rate-of-Return Regulation in a Stochastic-Cost Model
by Ellen M. Pint - 579-589 Two Kinds of Consumer Switching Costs
by Tore Nilssen - 590-599 Modelling Competitive Behavior
by Daniel R. Vincent
Autumn 1992, Volume 23, Issue 3
- 299-308 Vertical Control with Bilateral Contracts
by Daniel P. O'Brien & Greg Shaffer - 309-333 Fare Determination in Airline Hub-and-Spoke Networks
by Jan K. Brueckner & Nichola J. Dyer & Pablo T. Spiller - 334-349 Regulation and Preemptive Technology Adoption
by Michael H. Riordan - 350-365 The Effects of Competition on Executive Behavior
by Benjamin E. Hermalin - 366-375 Wage Levels and Method of Pay
by Charles Brown - 376-394 Coal Rates and Revenue Adequacy in a Quasi-Regulated Rail Industry
by Ann F. Friedlaender - 395-414 Mutual Forbearance in Experimental Conglomerate Markets
by Owen R. Phillips & Charles F. Mason - 415-431 A Test for Cross Subsidies in Local Telephone Rates: Do Business Customers Subsidize Residential Customers?
by Karen Palmer - 432-443 Incomplete Contracts and Signalling
by Kathryn E. Spier
Summer 1992, Volume 23, Issue 2
- 153-170 Sequential-Equilibrium Investment by Regulated Firms
by David Besanko & Daniel F. Spulber - 171-183 Unnatural Monopolies in Local Telephone
by Richard T. Shin & John S. Ying - 184-202 Search Equilibrium with Endogenous Recall
by Andrew F. Daughety & Jennifer F. Reinganum - 203-220 Collusive Pricing with Capacity Constraints in the Presence of Demand Uncertainty
by Robert W. Staiger & Frank A. Wolak - 221-236 Productivity Measurement in Common Property Resource Industries: An Application to the Pacific Coast Trawl Fishery
by Dale Squires - 237-246 Pervasive Shortages under Socialism
by Andrei Shleifer & Robert Vishny