Research

Refereed Publications

Asymptotically optimal prior-free asset market mechanisms (with L. Marx), Games and Economic Behavior (forthcoming)

Bilateral trade with multi-unit demand and supply (with L. Marx) Management Science (forthcoming)

When Walras Meets Vickrey (with D. Delacretaz and C. Mezzetti), Theoretical Economics (forthcoming)

To sell public or private goods (with L. Marx) Review of Economic Design, 26(3), 2022:385-415

Optimal market thickness (with E. Muir and P. Taylor) Journal of Economic Theory, 200, 2022: Article 105383

Incomplete Information Bargaining with Applications to Mergers, Investment, and Vertical Integration (with L. Marx) American Economic Review, 112(2), 2022: 616-49 Appendix

Monopoly pricing, optimal randomization and resale (with E. Muir), Journal of Political Economy, 130(3), 2022: 566-635

Coordinated Effects in Merger Review (with L. Marx), Journal of Law & Economics, 64(4), 2021: 705-744.
Winner of Jerry S. Cohen Award for Best Antitrust Article of 2021 on Coordinated Effects

Road to recovery: Managing an epidemic (with E. Muir), in press, Journal of Mathematical Economics, 93, 2021: Article 102482

A Dominant Strategy, Double Clock Auctions with Estimation-Based Tatonnement (with C. Mezzetti), Theoretical Economics, 16(3), 2021: 943-978

Digital Monopolies: Privacy Protection or Price Regulation? (L. Marx), International Journal of Industrial Organization, 71, 2020, Article 102623

Asymptotically optimal prior-free clock auctions (with L. Marx), Journal of Economic Theory (May 2020)

A Dominant-Strategy Asset Market Mechanism (with L. Marx), Games and Economic Behavior, 120, 2020: 1-15 (lead article)

Entry-Deterring Agency (with A. Niedermayer), Games and Economic Behavior, 119, 2020: 172-188

Merger Review with Intermediate Buyer Power (with L. Marx), International Journal of Industrial Organization, 67, 2019, Article 102531

Merger Review for Markets with Buyer Power (with L. Marx), Journal of Political Economy, 127, 2019: 2967-3017

Mix-and-Match Divestitures and Merger Harm (with Leslie Marx), Japanese Economic Review 70 (3), 2019: 346-366

The deficit on each trade in a Vickrey double auction is at least as large as the Walrasian price gap (with C. Mezzetti), Journal of Mathematical Economics 84, 2019: 101-106

Optimal Structure and Dissolution of Partnerships (with C. Wasser), Theoretical Economics 14(3), 2019: 1063-1114

Make and Buy: Outsourcing, Vertical Integration, and Cost Reduction (with M. Riordan), American Economic Journal: Microeconomics, 11(1), 2019: 105-23

Two-Sided Allocation Problems, Decomposability and the Impossibility of Efficient Trade (with D. Delacretaz, L. Marx, T. Wilkening), Journal of Economic Theory: 179, 2019: 416-454

Auctions with Bid Credits and Resale (with L. Marx), International Journal of Industrial Organization: 55, 2017: 58-90

Club Good Intermediaries (with L. Marx), International Journal of Industrial Organization: 50, 2017: 430-459

A general noncentral hypergeometric distribution (with E. Muir and P. Taylor), Communications in Statistics – Theory and Methods, 46(9), 2017: 4579-4598

A long way coming: Designing centralized markets with privately informed buyers and sellers (with L. Marx and T. Wilkening), Journal of Economic Literature 53 (4), 2015: 847-97 (lead article)

An Oligopoly Model for Analyzing and Evaluating (Re)-Assingments of Spectrum Licenses (with L. Marx), Review of Industrial Organization: 45(3), 2014: 245 – 273

Market Structure and the Competitive Effects of Vertical Integration (with M. Reisinger), RAND Journal of Economics: 45(3), 2014: 471 – 494 (lead article)

Persuasion, binary choice, and the costs of dishonesty (with R. Hodler and D. Rohner) Economics Letters 124 (2), 2014: 195 – 198

Rock-Scissors-Paper and evolutionarily stable strategies, Economics Letters, Volume 118, 2013: 473-474

Sequential Location Games, web appendix (with G. Muehlheusser), RAND Journal of Economics, Volume 42 (4), 2011: 639-663

Chain Stores, Consumer Mobility, and Market Structure (with Y. Schneider), Journal of Institutional and Theoretical Economics, Volume 167 (2), 2011: 236-246

Inefficient policies and incumbency advantage, Journal of Public Economics, Volume 94, 2010: 761-767 (with R. Hodler and D. Rohner)

The ABC of complementary products mergers (with S. Anderson and Y. Schneider), Economics Letters, Volume 106, 2010: 212-215

Vertical mergers that eliminate double markups are procompetitive, Economic Bulletin, Volume 4, Number 22, 2008: 1-6

On Cheating, Doping and Whistleblowing (with A. Berentsen and E. Bruegger), European Journal of Political Economy, Volume 24(2), 2008: 415-436

Learning, public good provision, and the information trap (with A. Berentsen and E. Bruegger), Journal of Public Economics, Volume 92, Issues 5-6, June 2008: 998-1010

Global and Local Players in a Model of Spatial Competition (with G. Muehlheusser), Economics Letters, Volume 98, Number 1, 2008: 100-106

Market Making Oligopoly, Journal of Industrial Economics , Volume L VI, Number 2, 2008: 263-289

Horizontally Differentiated Market Makers, Journal of Economics & Management Strategy, Volume 16, Number 4, Winter 2007: 793-825

Articles in books and other publications

Double Markups, Information, and Vertical Mergers (with L. Marx), Antitrust Bulletin, 67(3).

The Possibility of Social-Surplus-Reducing Vertical Mergers (with L. Marx), CPI Antitrust Chronicle, October 2020: 15.

Location Games, in: Spatial Economics Volume I, edited by S. Colombo, Springer International, Singapore, 2020. Ch. 5: 111-128

Economics and the efficient allocation of spectrum licenses (with L. Marx), in: Mechanisms and Games for Dynamic Spectrum Access, edited by T. Alpcan, H. Boche, M.L. Honig, and H.V. Poor, Cambridge, UK: Cambridge University Press, 2014: 553-578

Matching and Economic Design (with G. Artemov and S. Feldmann), Australian Economic Review, 45 (1), 2012: 134-141.

Auctions and Economic Design, (with T. Wilkening), Australian Economic Review, 44 (3), 2011: 347-54.

Working papers

Vertical integration with incomplete information (with L. Marx)

Wage dispersion, involuntary unemployment and minimum wages under monopsony and oligopsony (with E. Muir)

The benefits of market thickness for niche products (with E. Muir)

Percentage Fees in Thin Markets: An Optimal Pricing Perspective (with A. Niedermayer)

An Optimal Pricing Theory of Transaction Fees in Thin Markets (with A. Niedermayer)

Location choice and information transmission

Monotonicity, non-participation, and directed search equilibria (with J. Bland)

Multi-Party Competition under Proportional Representation

Some people never learn, rationally (with A. McLennan)

Commentary

The economics of COVID-19, Pursuit, 22 July 2020 (with E. Muir)

A national ventilator exchange could address critical shortages, The Hill, 27 March 2020 (with L. Marx)