Publications

Peer-reviewed Publications

“Preemptive Entry and Technology Diffusion: The Market for Drive-in Theaters,” with Jean-Francois Houde, Shilong Sun and Yuya Takahashi. Conditionally accepted RAND Journal of Economics.

“The Value of Information in Competitive Markets: Evidence from Small and Medium Enterprises," with JE Galdon-Sanchez and Guillermo Uriz-Uharte. Accepted at the Journal of Political Economy.

“Does Supply Concentration Encourage Cooperation? Evidence From Airlines," with Nick Argyres and Giorgio Zanarone. Accepted at Management Science.

“Political Backlash and Consumer Boycotts: Impact of the NFB Relocation on Movie Demand in Quebec,” with Jingyi Xing. Accepted at the Canadian Journal of Economics.

“Vertical Integration and Market Foreclosure in Media Markets: Evidence from the Chinese Motion Picture Industry,” with Chun-Yu Ho, Li Xu and Yaying Zhou. Accepted Journal of Law and Economics.

"Social Benefits and Private Costs of Driving Restriction Policies: The Impact of Madrid Central on Congestion, Pollution and Consumer Spending," with JE Galdon-Sanchez, Felix Holub and Guillermo Uriz-Uharte. Journal of the European Economic Association 21 (3), June 2023, pp. 1227-1267. 

“Why did firms practice segregation? Evidence from movie theaters during Jim Crow,” with Justin Marion. Journal of Law and Economics 64 (4), November 2022.

"Does Competition Increase Quality? Evidence from the US Airline Industry," with Myongjin Kim. International Journal of Industrial Organization 77, June 2021. 2021 IJIO Best Empirical Paper Award.

"Relationships under Stress: Relational Outsourcing in the US Airline Industry After the 2008 Financial Crisis," with Giorgio Zanarone and Myongjin Kim. Management Science 68 (2), February 2022, pp. 1256-1277. 

"Can Free-Shipping Hurt Online Retailers? Evidence from Online Grocery Shopping," with Ozge Sahin and Evsen Korkmaz. Quantitative Marketing and Economics 18, September 2020, pp. 305-342.

"Technological Change and Managerial Challenges in the Movie Theater Industry," with Charles Weinberg, Cord Otten, Barak Orbach, Jordi McKenzie, Darlene Chisholm and Suman Basuroy. Journal of Cultural Economics 45 (2), 2021, pp. 239-262. 

"Relational Adaptation Under Reel Authority," with Daniel Barron, Robert Gibbons, and Kevin J. Murphy. Management Science 66 (5), May 2020, pp. 1868-1889.

"What Do News Aggregators Do? Evidence from Google News in Spain and Germany," with Joan Calzada. Marketing Science 39 (1), February 2020, pp. 134-167.

"Segregation, Discrimination, and African-American Theater Entry During Jim Crow," with Justin Marion. Journal of Urban Economics, Vol. 108, November 2018, pp. 18-35.

"On the Determinants and Consequences of Informal Contracting," with Giorgio Zanarone. Journal of Economics and Management Strategy, Vol. 24, No. 4, Winter 2018, pp. 726-741.

"The Impact of Competition on ‘Make or Buy’ Decisions: Evidence from the Spanish Local TV Industry," with Christian A. Ruzzier. Management Science, Vol. 64, Issue 3, March 2018, pp. 1121-1135.

“Does Television Entry Decrease the Number of Movie Theaters?” with Fernanda Gutierrez-Navratil. Economic Inquiry, Volumen 55, Issue 2, April 2017, pp. 736-756.

“Does Job Satisfaction Increase Sales and Customer Satisfaction? Evidence from Retail Banking in South Korea,” with Myongjin Kim and Inhyouk Koo. BE Journal of Economic Analysis and Policy 2016.

“Outsourcing of Peripheral Services: Evidence from Spanish Manufacturing Plant-Level Data,” with Jose Enrique Galdon-Sanchez and Alberto Bayo-Moriones. European Economic Review, Volume 78, August 2015, pp. 328-344.

"The Adoption of New Technologies: Understanding Hollywood's (Slow and Uneven) Conversion to Color," with Ryan Lampe. The Journal of Economic History, 2014, v. 74, No. 4, pp. 987-1014.

"Does Vertical Integration Decrease Prices? Evidence from the Paramount Antitrust Case of 1948." American Economic Journal: Economic Policy, Vol. 7, No. 2 (May 2015), pp. 162-91.

“Vertical Integration, Exclusivity and Game Sales Performance in the US Video Game Industry,” with Frederic Warzynski. Journal of Law, Economics, and Organization, 2015, Volume 31 (suppl 1): i143-i168.

"Regulation, Enforcement, and Entry: Evidence from the Spanish Local TV Industry" (with Mitsukuni Nishida). International Journal of Industrial Organization, 2014, January, 32, 11-23. Awarded 2014 Miyazawa Kenichi Memorial Prize for the best paper in competition policy.

“Self-Enforcing Agreements and Relational Contracting: Evidence from California Highway Procurement,” with Justin Marion. Journal of Law, Economics, and Organization. Vol. 29, Issue 2, pp. 239-277. Finalist to 2012 Oliver E. Williamson Prize for Best Article in Law, Economics and Organization.

“Using Revenue–Sharing to Implement Flexible Pricing: Evidence from Movie Exhibition Contracts,” with Francine Lafontaine. Journal of Industrial Economics, Vol. 60, Issue 2, June 2012, Pages: 187–219.

“Underneath the Red Carpet: Government Intervention in the Spanish Movie Industry,” joint with Victor Fernandez-Blanco. Journal of Media Economics, Volume 25, Issue 1, 2012, pp. 54-72.

“The Interplay between Formal and Relational Contracts: Evidence from Movies.” Journal of Law, Economics, and Organization. Volume 29, Issue 3, pp. 681-710.

“Introducing Managerial Attention Allocation in Incentive Contracts,” joint with Jordi Mondria. SERIEs – Journal of the Spanish Economic Association, Vol. 2, Issue 3, 2011, pp. 335-358.

“Airing Your Dirty Laundry: Social Networks, Reputational Capital and Vertical Integration,” with Wes Hartmann. Journal of Law, Economics, and Organization, 27(2), 2011. Finalist to 2011 Oliver E. Williamson Prize for Best Article in Law, Economics and Organization.

“Social Security and Democracy,” joint with Casey Mulligan and Xavier Sala-i-Martin, NBER Working Paper # 8958, May 2002. B.E. Journal of Economic Analysis & Policy (Contributions), Berkeley Electronic Press, Vol. 10(1), pages 18.

“Causes and Consequences of Skipping Class in College,” with Carlos Dobkin and Justin Marion. Economics of Education Review, vol. 29(4), 2010, pages 566-575.

“Empirical Analysis of Metering Price Discrimination: Evidence from Concession Sales at Movie Theaters,” with Wes Hartmann. Marketing Science, November-December 2009, Vol. 28: 1046-1062.

“Revenue Sharing Distortions and Vertical Integration in the Movie Industry,” 2009. Journal of Law, Economics and Organization, 25(2):579-610.

“An Empirical Investigation of the Paramount Antitrust Case,” Applied Economics, Volume 42, Issue 2, January 2010, pages 171–183.

“Testing the Efficiency of Markets in the 2002 World Cup,” with Steve D. Levitt. The Journal of Prediction Markets, December 2007.

“The Economics of IPR Protection Policies: Reply,” Review of Network Economics, December 2007. Vol 6, Issue 4, pp. 530-534.

“The Organizational Dimensions of Creativity: Motion Picture Poduction,” with Pablo T. Spiller. California Management Review, 50/1 (Fall 2007): 243-260.

“"Make-or-Buy" in Movies: Integration and Ex-post Renegotiation,” International Journal of Industrial Organization, August 2007. Vol 25, Issue 4, pp. 643-656.

“Demand Shifts and Changes in Competition: Evidence from the Movie Theater Industry,” International Journal of the Economics of Business, November 2006. Vol. 13, No 3, pp. 407-428.

“The Economics of IPR Protection Policies,” Review of Network Economics, September 2006. Vol. 5, Issue 3, pp. 299-319.

“Do Democracies Have Different Public Policies than Non-Democracies?,” with Casey Mulligan and Xavier Sala-i-Martin. Journal of Economics Perspectives, Vol. 18, No. 1, Winter 2004, pp. 51-74.

Invited Articles, Reviews and Book Chapters

“La política de competencia y antimonopolio en el ámbito de la cultura en España.” In Victoria Ateca Amestoy, Juan-José Ganuza & Jesús Prieto Sacristán (eds). Economía y cultura. Una Mirada hacia el futuro. Madrid, Spain Fundación Funcas.

"Relational Contracting in Developed Economies:Lessons from Slot Exchanges in the US Airline Industry" with Myongjin Kim and Giorgio Zanarone. Japanese Economic Review 70 (3): 411-421. 

“Contracting in innovative industries,” with Giorgio Zanarone. In C. Menard and M. Shirley (eds.), A Research Agenda for New Institutional Economics. Surrey, UK: Edward Elgar Publishing.

"Informal contracting between and within firms," with Giorgio Zanarone. Revista de Administração, Volume 52, Issue 4, October–December 2017, Pages 492-496.

"Formal and Informal Contracting: Theory and Evidence," with Giorgio Zanarone. Annual Review of Law and Social Science 13: 141-159.

"New Frontiers in the Empirical Research on Informal Contracting," with Giorgio Zanarone. Journal of Institutional and Theoretical Economics 172 (2): 390-407.

“Clinical Papers in Organizational Economics” (with George P. Baker). Handbook of Organizational Economics, Editors Robert Gibbons and John Roberts.

“The Role and Determinants of Concession Sales in Movie Theaters: Evidence from the Spanish Exhibition Industry,” with Wes Hartmann. Review of Industrial Organization, June 2007. Vol 30, Number 4, pp. 325-347.

“Social Spending and Democracy: Some Evidence from South America,” with Casey Mulligan. Estudios de Economia, Vol. 29, No. 1, June 2002.