Research
Publications and Accepted Works
Publications and Accepted Works
9. Searching for Treatment (with Philipp Plaickner), Journal of Institutional and Theoretical Economics, Vol. 180(1), March 2024, pp. 144-186 [Online Appendix] [Older Working Paper]
9. Searching for Treatment (with Philipp Plaickner), Journal of Institutional and Theoretical Economics, Vol. 180(1), March 2024, pp. 144-186 [Online Appendix] [Older Working Paper]
8. Price promotions as a threat to brands (with Roman Inderst), Journal of Economics & Management Strategy, Vol. 33, Jan. 2024, pp. 53-77
8. Price promotions as a threat to brands (with Roman Inderst), Journal of Economics & Management Strategy, Vol. 33, Jan. 2024, pp. 53-77
7. Price-Directed Search, Product Differentiation and Competition (with Philipp Plaickner), Review of Industrial Organization, Vol. 63, Nov. 2023, pp. 317-348 [Older Working Paper]
7. Price-Directed Search, Product Differentiation and Competition (with Philipp Plaickner), Review of Industrial Organization, Vol. 63, Nov. 2023, pp. 317-348 [Older Working Paper]
6. Pricing and Product Positioning with Relative Consumer Preferences (with Roman Inderst), The Journal of Industrial Economics, Vol. 71, Sept. 2023, pp. 924-960 [Online Appendix][Older Working Paper]
6. Pricing and Product Positioning with Relative Consumer Preferences (with Roman Inderst), The Journal of Industrial Economics, Vol. 71, Sept. 2023, pp. 924-960 [Online Appendix][Older Working Paper]
5. Competition with list prices (with Marco Haan and Pim Heijnen), Games and Economic Behavior, Vol. 140, July 2023, pp. 502-528 [Older Working Paper]
5. Competition with list prices (with Marco Haan and Pim Heijnen), Games and Economic Behavior, Vol. 140, July 2023, pp. 502-528 [Older Working Paper]
4. Excessive Competition on Headline Prices (with Roman Inderst), International Economic Review, Vol. 64(2), May 2023, pp. 783-808 [Online Appendix]
4. Excessive Competition on Headline Prices (with Roman Inderst), International Economic Review, Vol. 64(2), May 2023, pp. 783-808 [Online Appendix]
3. Loss leading with salient thinkers (with Roman Inderst), The RAND Journal of Economics, Vol. 51(1), Spring 2020, pp. 260-278 [Online Appendix] [Working Paper]
3. Loss leading with salient thinkers (with Roman Inderst), The RAND Journal of Economics, Vol. 51(1), Spring 2020, pp. 260-278 [Online Appendix] [Working Paper]
2. Search and segregation, International Journal of Industrial Organization, Vol. 55, Nov. 2017, pp. 137-165
2. Search and segregation, International Journal of Industrial Organization, Vol. 55, Nov. 2017, pp. 137-165
1. Austrian-style gasoline price regulation: How it may backfire, International Journal of Industrial Organization, Vol. 32, Jan. 2014, pp. 33-45
1. Austrian-style gasoline price regulation: How it may backfire, International Journal of Industrial Organization, Vol. 32, Jan. 2014, pp. 33-45
Working Papers and Work in Progress
Working Papers and Work in Progress
Firms selling differentiated products post prices to entice consumers to examine and purchase their products. Consumers inspect these products in increasing order of prices. There exists no pure-strategy equilibrium. We characterize the mixed-strategy equilibrium and show that prices are driven down to marginal cost as the number of firms goes to infinity. For the case of uniformly distributed match values, the equilibrium price distribution is derived explicitly (up to the bounds of the support). A larger number of competitors and higher search costs lead to stochastically lower prices. The predictions of the model fit observed price patterns in online markets for differentiated products.
Price-Directed Search and Collusion (2021)
Price-Directed Search and Collusion (2021)
(Currently) Inactive Projects
(Currently) Inactive Projects