Research
I am a microeconomic theorist. My main research interests are Consumer Theory, Game Theory (both abstract and applied), Imperfect Competition, and Industrial Organization (Theory).
Publications in Refereed Journals
“Delay in bargaining games with complete information” Journal of Economic Theory 59, 78-95 (1993).
“Intertemporal transfer institutions” (with Joan Maria Esteban) Journal of Economic Theory 61, 189-205 (1993).
“Must sell” (with Luís Cabral) Journal of Economics and Management Strategy 4(1), 55-68 (1995).
“The war of attrition with incomplete information” (with Clara Ponsatí) Mathematical Social Sciences 29, 239-254 (1995).
“Multi-person bargaining over two alternatives” (with Clara Ponsatí) Games and Economic Behavior 12(2), 226-244 (1996).
“Reserve prices without commitment” (with Roberto Burguet) Games and Economic Behavior 15(2), 149-164 (1996).
“Costly transfer institutions and the core in an overlapping generations model” (with Merwan Engineer and Joan Maria Esteban) Journal of Economic Behavior and Organization 32(2), 287-300 (1997).
“Sequential auctions with supply or demand uncertainty” (with Roberto Burguet) Revista Española de Economía 14(1), 23-40 (1997).
“Rubinstein bargaining with two-sided outside options” (with Clara Ponsatí) Economic Theory 11, 667-672 (1998).
“Imperfect competition in auction designs” (with Roberto Burguet) International Economic Review 40(1), 231-247 (1999).
“Delegated bargaining and renegotiation” (with Helmut Bester) Journal of Economic Behavior and Organization 45, 459-473 (2001).
“Games of incomplete information without common knowledge priors” Theory and Decision 50, 347-366 (2001). (Reprinted in Game Theory in the Tradition of Bob Wilson (B. Holmstrom, P. Milgrom and A. Roth eds.) May 2002, Berkeley Electronic Press, www. bepress.com/wilson/)
“Walras retrouvé: decentralized trading mechanisms and the competitive price” (with Gianni De Fraja) Journal of Political Economy 109(4), 842-863 (2001).
“Randomly available outside options in bargaining” (with Clara Ponsatí) Spanish Economic Review 3(4), 231-252 (2001).
“Speculating against an overconfident market” (with Jordi Caballé) Journal of Financial Markets 6(2), 199-225 (2003).
“Auctions for split-award contracts” (with Martin Perry) Journal of Industrial Economics 51(2), 215-242 (2003).
“Mediation: Incomplete information bargaining with filtered communication” (with Xavier Jarque and Clara Ponsatí) Journal of Mathematical Economics 39(7), 803-830 (2003).
“Olson vs. Coase: coalitional worth in conflict” (with Joan Esteban) Theory and Decision 55(4), 339-357 (2003).
“A dynamic theory of hold-up” (with Yeon-Koo Che) Econometrica 72(4), 1063-1103 (2004).
“Inter-league competition for talent vs. competitive balance” (with Frédéric Palomino) International Journal of Industrial Organization 22(6), 783-797 (2004).
“A meaningful two-person bargaining solution based on ordinal preferences” Economics Bulletin 3(26), 1-6 (2004).
“Collective versus individual sale of television rights in league sports” (with Sonia Falconieri and Frédéric Palomino) Journal of the European Economic Association 5(2), 833-862 (2004). Appeared in Italian in Rivista di Diritto ed Economia dello Sport 1(3), 67-88 (2005).
“A Decentralized Market for a Perishable Good” (with Ahmed W. Anwar) B.E. Journal of Theoretical Economics 7(1) (Contributions), Article 7 (2007). Available at: http://www.bepress.com/bejte/vol7/iss1/art7.
“Queues, not just mediocrity: Inefficiency in decentralized markets with vertical differentiation” (with Clara Ponsatí) International Journal of Industrial Organization 26(4), 998-1014 (2008).
“A theory of agreements in the shadow of conflict: The genesis of bargaining power” (with Joan Esteban) Theory and Decision 65(3), 227-252 (2008).
“Reference distorted prices” Quantitative Marketing and Economics 9(4), 339-363 (2011).
“Exclusive Nightclubs and Lonely Hearts Columns: Non-monotone Participation in Optional Intermediation” (with Gianni De Fraja) Journal of Economic Behavior and Organization 84(2), 618-632 (2012).
“Who matters in coordination problems?” (with Jakub Steiner) American Economic Review 102(7), 3439-61 (2012).
“Revealed Cardinal Preference” Economic Theory Bulletin 1(1), 39-45 (2013).
“Spillovers of equal treatment in wage offers” (with Kohei Kawamura) Scottish Journal of Political Economy 61(5), 487-501 (2014).
“Price formation in a matching market with targeted offers” Games and Economic Behavior 87, 161-177 (2014).
“Tractable valuations under uncertainty” Economics Letters 129, 68-70 (2015).
“Tractable consumer choice” (with Daniel Friedman) Theory and Decision 79(2), 333-358 (2015).
“Bertrand and the long run” (with Roberto Burguet) International Journal of Industrial Organization 51, 39-55 (2017).
“Competitive foreclosure” (with Roberto Burguet) RAND Journal of Economics 48(4), 906-926 (2017).
“Bidding for talent in sport” (with Roberto Burguet) Economic Inquiry 57(1), 85-102 (2019).
“Personalized prices and uncertainty in monopsony” (with Roberto Burguet) International Journal of Industrial Organization 67, 102530, December (2019).
“To trade, or not to trade, that is the question: New roles for incomplete contracts in dynamic settings” (with Yeon-Koo Che) Journal of the European Economic Association 19(3), 1621-1655 (2021).
“Tenable threats when Nash Equilibrium is the norm,” (with Françoise Forges) International Journal of Game Theory 51, 589-605 (2022). https://link.springer.com/article/10.1007/s00182-022-00806-3
“Block sourcing plus,” (with Lluís Bru and Daniel Cardona) European Journal of Operational Research 305(3), 1130-1140 (2023). https://www.sciencedirect.com/science/article/pii/S037722172200515X
“Partially observable corporate social responsibility: the limits of differentiation” (with Aleix Calveras) Managerial and Decision Economics 44(5), 2755-2771 (2023). http://doi.org/10.1002/mde.3846
“Cooperation, competition, and welfare” (with Helmut Bester) Games and Economic Behavior 143, 357-369 (2024). https://doi.org/10.1016/j.geb.2023.12.003
“Simultaneous bidding in competing auctions” (with Roberto Burguet) accepted in Economics Letters doi.org/10.1016/j.econlet.2024.111656
Other Publications
“Utilization profiles and bottleneck analysis for wafer fabrication facilities” (with Anne Spence) Technical Report, Center for Integrated Systems, Stanford University, October 1987.
“Bargaining in a changing environment” (with Clara Ponsatí) invited paper in A. Alkan, C.D. Aliprantis and N.C. Yannelis (eds.) Current Trends in Economics, Springer Verlag, 389-404 (1999).
“Hold-up problem” (with Yeon-Koo Che) invited entry to the 2nd Edition of the New Palgrave Dictionary of Economics (2008).
Currently Submitted Work
“Who closes first? The interaction of market structure and fall in demand in bank branch closures ” (with Alfredo Martín-Oliver and Vicente Salas-Fumás) R&R in Economica
Work in Progress
“A theory of lobbying in procurement” (with Roberto Burguet)
“A tourist tax in a multi-segment destination with congestion effects” (with Aleix Calveras)
“Buying from the fringe (too)” (with Lluís Bru and Daniel Cardona)
“Head-on competition and advance sales” (with Lluís Bru)
“Choosing is losing: How opportunity cost influences valuations and ultimately choice” (with Tomás Lejárraga)
“Poachers welcome!” (with Jonathan Thomas)
“Spillovers of discrimination” (with Gianni De Fraja)