My research focuses on business strategy, contracts, and organizational design, with an emphasis on the interaction between formal and relational governance mechanisms, and between governance and institutions.

Note: authors in a paper are listed in alphabetical order unless their contribution is unequal, in which case the order of authors reflects their relative contribution.


Main publications


Papers under review and completed working papers


Selected work in progress

  • "Sleeping with the Enemy: How Politicians and Interest Groups Adapt their Collaborations in the Face of Reputational Threats," with M. Espinosa and A. Ilango.

  • "Interorganizational Governance: Cross-Fertilizing the Management and Economics Literatures," with N. Argyres and F. Lumineau.

  • Governance in the Wild: A Theory of Private vs. State Firms under Weak Institutions,” with G. Aldashev and H. Rantakari.

  • “Effort Allocation and Governance in Lobbying-Client Relationships: Evidence from the U.S. Foreign Agents Registration Act,” with M. Espinosa.

  • “Relational Contracts and Firm Boundaries: Evidence from Slot Exchanges in the US Airline Industry,” with R. Gil.

  • “Multimarket Contacts and Cooperation: Evidence from Airlines,” with R. Gil.

  • “Property Rights in Personal and Impersonal Exchange: A Lab-in-the-Field Experiment,” with B. Arruñada, M. Fabbri, and D. Nosenzo.

  • “Contracts as Management Practices: Evidence from Supplier Handbooks,” with N. Argyres and L. Bernstein.

  • "Blockchain: The Birth of Decentralized Governance," with B. Arruñada, M. Espinosa, and L. Garicano.

  • “Relational Contracts and the Value of Commitment,” with M. Fahn.


Book chapters

  • “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.

  • “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.


Invited papers and other publications