Publications
Two-sided productivity heterogeneity, firm boundaries and assortative matching, accepted at Journal of Economics & Management Strategy (Kaniska Dam, Daniel Ripperger-Suhler and Konstantinos Serfes).
Competition and specialization in the VC market: A non-monotonic relationship, Review of Industrial Organization 62, 241-269 (2023) (Christos Cabolis, Mian Dai and Konstantinos Serfes).
Yale International Center for Finance (ICF) Working Paper, # 14-20.
Prices as signals of product quality in a duopoly, International Journal of Game Theory 52(1), 1-31 (2023) Lead article (Minghua Chen, Konstantinos Serfes and Eleftherios Zacharias).
Dynamic pricing of credit cards and the effects of regulation, Journal of Financial Services Research, 64, 81-131 (2023) (Suting Hong, Robert M. Hunt and Konstantinos Serfes).
Federal Reserve Bank of Philadelphia Working Paper Series, 21-38.
Cited in the Consumer Credit Card Market Report published by the Consumer Financial Protections Bureau (CFPB) in August 2019.
The role of regulation and bank competition in small business financing: Evidence from the Community Reinvestment Act, Journal of Money, Credit and Banking 54(8), 2301-2340 (2022) (Panagiotis Avramidis, George Pennacchi, Konstantinos Serfes and Kejia Wu).
Federal Reserve Bank of Philadelphia Working Paper Series, 22-06.
A price theory of vertical and lateral integration under productivity heterogeneity, The Journal of Industrial Economics vol. 69, iss. 4, 751-784 (2021), (symposium on contracts, organizations and ownership) Lead article (Kaniska Dam and Konstantinos Serfes).
Does competition improve quality? The case of nursing homes where public and private payers coexist, Management Science, vol. 67, iss. 10, 6493-6512 (2021) (Susan Feng Lu, Konstantinos Serfes, Gerard Wedig and Bingxiao Wu).
Competition in the venture capital market and the success of startup companies: Theory and Evidence, Journal of Economics & Management Strategy, vol. 29, iss. 4, 741-791 (2020) (Suting Hong, Konstantinos Serfes and Veikko Thiele).
How Venture Capital Competition Can Turn Sour, Smith Business Insight, June 24,2021.
Bank size and market value: The role of direct monitoring and delegation costs, Journal of Banking and Finance, 93, 127-138 (2018) (Panagiotis Avramidis, Christos Cabolis and Konstantinos Serfes).
Strategic incentives for innovations and market competition, International Journal of Industrial Organization, 52, 427-449 (2017) (Evangelia Chalioti and Konstantinos Serfes).
Bundling, a la carte pricing and vertical bargaining in a two-sided model, Information Economics and Policy, 35, 30-44 (2016) (Adam D. Rennhoff, Minghua Chen and Konstantinos Serfes).
Optimal performance reward, tax compliance and enforcement, Economic Theory Bulletin, 4, 325-345 (2016) (Christos Kotsogiannis and Konstantinos Serfes).
Patent licensing and entry deterrence: The role of low royalties, Economica, 82, 1324-1348 (2015) (Anne Duchene, Debapriya Sen and Konstantinos Serfes).
Is the effect of competition on price dispersion non-monotonic? Evidence from the U.S. airline industry, Review of Economics and Statistics, 96(1), 161-170 (2014) (Mian Dai, Qihong Liu and Konstantinos Serfes).
The comparison of ad valorem and specific taxation under incomplete information, Journal of Public Economic Theory, 16(1), 48-68 (2014) (Christos Kotsogiannis and Konstantinos Serfes).
Price discrimination in two-sided markets, Journal of Economics & Management Strategy, vol.22, iss. 4., 768-786 (2013). (Qihong Liu and Konstantinos Serfes). NET Institute working paper #07-25.
Location decisions of competing networks, Journal of Economics & Management Strategy, vol. 21, n.4, 989-1005 (2012) (Konstantinos Serfes and Eleftherios Zacharias). NET Institute working paper #09-18.
Patent settlements as a barrier to entry, Journal of Economics & Management Strategy, vol.21, n.2, 399-429 (2012) (Anne Duchene and Konstantinos Serfes).
Minimum quality standard regulation under imperfect quality observability, Journal of Regulatory Economics, vol.41, n.2, 269-291 (2012) (Min Chen and Konstantinos Serfes).
Third-degree price discrimination, Journal of Industrial Organization Education, vol. 5, iss. 1, Article 5 (2010) (Qihong Liu and Konstantinos Serfes).
Public goods and tax competition in a two-sided market, Journal of Public Economic Theory, 12 (2), 281-321 (2010) (Christos Kotsogiannis and Konstantinos Serfes).
The role of upstream-downstream competition on bundling decisions: Should regulators force firms to unbundle?, Journal of Economics & Management Strategy, vol. 18, n. 2, 547-588 (2009) (Adam D. Rennhoff and Konstantinos Serfes).
Retailer price distributions and promotional activities, Economics Letters, 103, 91-95 (2009) (Adam D. Rennhoff and Konstantinos Serfes).
Endogenous matching in a market with heterogeneous principals and agents, International Journal of Game Theory, 36, 587-619 (2008), (special issue in honor of David Gale) (Konstantinos Serfes).
Product customization, European Economic Review, 51, 1396-1422 (2007) (Dan Bernhardt, Qihong Liu and Konstantinos Serfes).
Market segmentation and collusive behavior, International Journal of Industrial Organization, 25, 355-378 (2007) (Qihong Liu and Konstantinos Serfes).
A location model with preference for variety, The Journal of Industrial Economics, LIV, 4, 569-595 (2006) (Hyunho Kim and Konstantinos Serfes).
Customer information sharing among rival firms, European Economic Review, 50, 1571-1600 (2006) (Qihong Liu and Konstantinos Serfes).
Imperfect price discrimination, market structure and efficiency, Canadian Journal of Economics, 38, 1191-1203 (2005) (Qihong Liu and Konstantinos Serfes).
Risk sharing vs. incentives: Contract design under two-sided heterogeneity, Economics Letters, 88, 343-349 (2005) (Konstantinos Serfes).
Imperfect price discrimination in a vertical differentiation model, International Journal of Industrial Organization, 23, 341-354 (2005) (Qihong Liu and Konstantinos Serfes).
Quality of information and oligopolistic price discrimination, Journal of Economics & Management Strategy, vol. 13, n. 4, 671-702 (2004) (Qihong Liu and Konstantinos Serfes).
When vagueness induces indirect competition: Strategic incompleteness of contracts, Economic Theory 20, 603-621 (2002) (Jaideep Roy and Konstantinos Serfes).
Semicollusion vs. full collusion: The role of demand uncertainty and product substitutability, Journal of Economics (Zeitschrift fur Nationalkonomie) 2, 111-139 (2002) Lead article (George Deltas and Konstantinos Serfes).
Intertemporal discounting and tenurial contracts, Journal of Development Economics 64, 417-436 (2001) (Jaideep Roy and Konstantinos Serfes).
Non-myopic learning in differential information economies: The core, Economic Theory 18, 333-348 (2001) (Konstantinos Serfes).
American shipping cartels in the pre-world war I era, Research in Economic History 19, 1-38 (1999) Lead article (George Deltas, Konstantinos Serfes and Richard Sicotte).
Learning in Bayesian games by boundedly rational players II: Non-myopia, Macroeconomic Dynamics 2, 141-155 (1998) Lead article (Konstantinos Serfes and Nicholas C. Yannelis).