Gabor Pinter,Jean-Charles Wijnandts, Semih Uslu Apr 30,2025
Working Paper No.00150-00
We develop a two-asset search-and-bargaining model of OTC trading to estimate frictions and welfare losses in the UK government and... Read More
Garud Iyengar,Jay Sethuraman,Wenjun Wang, Fahad Saleh Oct 17,2023
Working Paper No.00079-01
We examine a supply chain with a single risk-averse manufacturer who purchases from suppliers and sells to consumers. Within this... Read More
Guillermo Ordonez, Vincent Glode Nov 01,2022
Working Paper No.00082-00
We model firms' allocation of resources between surplus-creating (a.k.a., productive) and surplus-appropriating (a.k.a., rent-seeking) activities. We show that industry-wide technological... Read More
Catherine Casamatta,Rui xiong, Matthieu Bouvard Nov 21,2022
Working Paper No.00087-00
We show that by lending to merchants and monitoring them, an e-commerce platform can price-discriminate between merchants with high and... Read More