Empirical IO
My Empirical IO Interests
"Are Lemons Really Hot Potatoes?," with Monica Hartmann and Maxim Engers, International Journal of Industrial Organization, March 2009.
"Automobile Maintenance Costs, Used Cars, and Adverse Selection," with Monica Hartmann and Maxim Engers
Mileage Drives Used Car Prices," with Monica Hartmann and Maxim Engers, Journal of Applied Econometrics, January 2009.
"The Production Function for Surgeries with Special Emphasis on Anesthesia Provision," with Lorraine Jordan and Elizabeth Merwin.
“A Dynamic Model of Equilibrium with Private Information,” with Maxim Engers and Monica Hartmann, under review, November 2023.
Present Work
A preliminary version of the dynamic model and estimation strategy
Graphs of Car Price Paths and Scrap Rate Paths for Maxim and Monica
Graduate Students Finished with Their Dissertations in Empirical IO from University of Virginia
Jessica Horewitz - 1/97. "Are Team Owners in the National Football League Profit Maximizers?" Placement: Putnam, Hayes, and Bartlett.
Mikel Ham - 5/98. "Rental Car Service Tenure and Downstream Vertical Integration in the Automobile Industry." Placement: Economic Analysis Corporation.
Monica Hartmann- 8/00. "An Examination of Safety Provision and Tax Policy in a Structural Model of the Airline Industry." Placement: St. Thomas University.
Brian McManus - 8/01. "Nonlinear Pricing in an Oligopoly Market: The Case of Specialty Coffee;" IJIO Prize for Best Paper by a Young Economist, Snavely Award for Best Dissertation, Article in Slate. Placement: Olin School of Business, Washington University in St. Louis.
Michelle Goeree - 5/02. "Informative Advertising and the US Personal Computer Market: A Structural Empirical Examination." Young Economist Essay Prize (EARIE) European Association for Research in Industrial Economics, 2003, Snavely Award for Best Dissertation. Placement: University of Amsterdam.
Kenneth Wilbur - 6/05. "Not All Eyeballs are Created Equal: A Structural Equilibrium Model of Television Advertisers, Networks, and Viewers." Placement: University of Southern California, Marshall School of Business.
Loren Smith - 8/05. "Optimal Buying and Selling of Durable Goods: The Case of Commercial Aircraft." Placement: Federal Trade Commission.
Paul Carrillo - 8/05. "An Equilibrium Search Model for Buyers and Sellers and an Empirical Application to the Real Estate Market." Snavely Award for Best Dissertation. Placement: George Washington University.
Beth Freeborn - 12/05. "Drug Laws and the Market for Cocaine." Placement: College of William and Mary.
Naoko Akashi - 8/06. "The Effect of Hospitals-Insurers Interaction on Medical Care Pricing." Placement: California State University, Fullerton.
Keith Brand - 10/06. "Equilibrium Product Characteristics in Health Insurance Markets: An Analysis of Medicare+Choice." Placement: Federal Trade Commission.
Jason Hulbert - 11/07. "A Dynamic Model of Multiproduct Firms: Advertising and Product Selection in the Ready to Eat Cereal Industry."
Marc Santugini - 5/07. "Social Learning in the Motion Picture Market." Placement: HEC Montreal.
Catherine Tyler Mooney - 6/07. "Evaluating the Impacts of Consolidation in the Radio Industry." Placement: University of Oklahoma.
Adam Hyde - 3/12, "A Structural Model of Obstetrician Location and Treatment Decisions." Placement: Wake Forest University School of Business.
Eric Fesselmeyer - 12/08. "Learning and Product Selection: An Empirical Model of Monopoly Behavior." Placement: National University of Singapore.
Jonathan Williams - 3/09. "The Causes and Welfare Consequences of Predation: A Dynamic Equilibrium Model of the Airline Industry." Snavely Award for Best Dissertation. Placement: University of Georgia.
Shuna Wang - 5/11. "The Entry Deterrence Effect of Authorized Generic Drugs: A Dynamic Reputation Model of a Fighting Brand in the Pharmaceutical Industry." Placement: Fannie Mae.
Yiyi Zhou - 4/12. "Vertical Integration and Industrial Dynamics in Two-Sided Markets: The Case of Video Games." Placement: SUNY Stony Brook.
Kang Jian - 5/12. "When Are the Tickets Cheapest? A Structural Model of an Airline's Dynamic Pricing under Fixed Capacity." Placement: Bank of America.
Charles Murry - 4/14. "Strategic Advertising in Vertical Relationships." Snavely Prize for Best Dissertation Proposal, Snavely Prize for Best Dissertation. Placement: Pennsylvania State University.
Haiyan Liu - 6/14. "Informative Advertising with Signaling Role and Social Learning in the Motion Picture Industry." Placement: University of Southern Florida.
Matthew Shi - 6/16. "Advertising and Platform Competition with Multi-Homing Users: A Study of the U.S. Magazine Market." Placement: Chinese University of Hong Kong.
Siying Liu - 8/18. "Entry Decisions and Incumbents' Responses: Evidence from the Outpatient Surgery Market." Placement: Wake Forest University Post-Doc; Amazon (permanent).
Graduate Students Finished with Their Dissertations on Empirical IO from Stony Brook University
Estefania Vergara-Cobos - 11/20. "Essays on Market Disruption: Theory and Evidence." Placement: World Bank.
Dong Wook Kang - 1/22. "The Consumer Welfare Impact of ACA’s Reductions to Medicare Advantage Plan Payments."
Boyang Li - 5/23. "Airline Competition and Consumer Welfare: An Empirical Analysis of Hidden City Ticketing." Placement: Digonex.
Graduate Students Working on Empirical IO from Stony Brook University
Rong Wang, "The Impacts of Renewable Energy on Electricity Markets: Emissions, Prices, Investment and Market Equilibrium."
Zhu Liang, "Risk Adjustment and Plan Design in Medicare Advantage."
Jiaxu Han, "Adverse Selection and Moral Hazard in the Car Leasing Market."
Chundi Guo, "Consumer Learning and Package Size Offering: The Turbulent US Beer Market."
Dana Golden, "Investment and the Transfer of Power: Dynamic Effects of Transmission in Electricity Markets."