Main publications
“Does Supply Concentration Encourage Cooperation? Evidence From Airlines,” with Nicholas Argyres and Ricard Gil, 2025, Management Science 71: 5083-5105.
“Strategic Management Meets the Economics of Relational Contracts,” with Nicholas Argyres and Fabrice Lumineau, 2024, forthcoming in the Strategic Management Review.
“Contracting to (Dis)incentivize? An Integrative Transaction Cost Approach on How Contracts Govern Specific Investments,” with Desmond Lo and Mrinal Ghosh, 2022, Strategic Management Journal 43: 1528-1555.
Strategic Management Society Best Paper Award Nomination, 2021
“Transparency in Relational Contracts,” with Matthias Fahn, 2022, Strategic Management Journal 43: 1046-1071.
“Relationships under Stress: Relational Outsourcing in the US Airline Industry after the 2008 Financial Crisis,” with Ricard Gil and MJ Kim, 2022, Management Science 68: 1256-1277.
“The Role of Relationship Scope in Sustaining Relational Contracts in Interfirm Networks,” with Nicholas Argyres and Janet Bercovitz, 2020, Strategic Management Journal 41: 222-245.
“Property Rights in Sequential Exchange,” with Benito Arruñada and Nuno Garoupa, 2019, Journal of Law, Economics and Organization 35: 127-153.
“On the Determinants and Consequences of Informal Contracting,” with Ricard Gil, 2018, Journal of Economics and Management Strategy 27: 726-741.
Cited in the U.S. Council of Economic Advisers’ 2022 Annual Report to the President
“Formal and Informal Contracting: Theory and Evidence,” with Ricard Gil, 2017, Annual Review of Law and Social Science 13: 141-159.
“Endogenous Enforcement Institutions,” with Gani Aldashev, 2017, Journal of Development Economics 128: 49-64.
“The Double-Edged Effect of Knowledge Acquisition: How Contracts Safeguard Pre-Existing Resources,” with Desmond Lo and Tammy Madsen, 2016, Strategic Management Journal 37: 2014-20.
“New Frontiers in the Empirical Research on Informal Contracting,” with Ricard Gil, 2016, Journal of Institutional and Theoretical Economics 172: 390-407.
“Contract Adaptation under Legal Constraints,” 2013, Journal of Law, Economics and Organization 29: 799-834.
“Vertical Restraints and the Law: Evidence from Automobile Franchising,” 2009, Journal of Law and Economics 52: 691-700.
“Institutional Constraints on Organizations: The Case of Spanish Car Dealerships,” with Benito Arruñada and Luis Vázquez, 2009, Managerial and Decision Economics 30: 15-26.
Papers under review and completed working papers
“Sleeping with the Enemy? How Constituents Constrain Politicians’ Behavior Towards Interest Groups,” with Miguel Espinosa, Sergio Galletta and Akhil Ilango, April 2025, R&R at the Journal of Law, Economics & Organization.
"Contracting in the Wild: How Political Institutions Affect the Governance of Firms," with Gani Aldashev and Heikki Rantakari, April 2025.
Selected Work in Progress
“What Does Governance Do? Evidence From the Airline Industry,” with Ricard Gil and Silke Forbes.
“How the Clarity Problem Affects Relational Contracts: Evidence from Lobbying,” with Miguel Espinosa, Thorsten Grohsjean, and Zijing Yuan.
“Multimarket Contacts and Cooperation: Evidence from Airlines,” with Ricard Gil.
“Property Rights in Personal and Impersonal Exchange: A Lab-in-the-Field Experiment,” with Benito Arruñada, Marco Fabbri, and Daniele Nosenzo.
“Contracts in Non-Market Strategy,” with Bo Yang.
“Blockchain: The Birth of Decentralized Governance,” with Benito Arruñada, Miguel Espinosa, and Luis Garicano.
“Relational Contracts and the Value of Commitment,” with Matthias Fahn.
Book chapters and invited publications
"Governing Relationships: Theory, Evidence and Opportunities," with Ricard Gil, 2024, forthcoming in Ménard, Claude, and Mary Shirley (editors), Handbook of New Institutional Economics.
“Relational Contracting in Developed Economies: Lessons From Slot Exchanges in the US Airline Industry,” with Ricard Gil and MJ Kim, 2019, Japanese Economic Review 70: 411-421.
“Contracting in Innovative Industries,” with Ricard Gil, 2018, in Ménard, Claude, and Mary Shirley (editors), A Research Agenda for New Institutional Economics, Edward Elgar Publishers, 2018.
“Informal Contracting within and between Firms,” 2017, with Ricard Gil, RAUSP Management Journal 5: 492-496.
“Coase (1937) revisited: Endogenous Fiat in Firms and Markets,” 2012, International Review of Economics 59: 201-221, special issue in honor of Ronald Coase edited by Henry Smith.
“Contratos Alrededor de la Ley: El Caso de la Distribución de Automóviles,” 2010, Economía Industrial 376: 111-118.
“Restricting Franchising: An Empirical Analysis of the Allocation of Control Rights in Car Dealership Contracts,” in CAFAGGI, F., Corporate Governance, Networks and Innovation, CEDAM, Padova, 2005.