Articles

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Reforming the IMF, The Economists' Voice (2008)
John Morgan presents a radical proposal to sell voting rights at the IMF and redistribute...
 

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Clock games: Theory and Experiments, Institute for Mathematical Behavioral Sciences Colloquium Series (2007)
Timing is crucial in situations ranging from currency attacks, to product introductions, to starting a...
 

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...Plus Shipping and Handling: Revenue (Non) Equivalence in Field Experiments on eBay (with Tanjim Hossain), The B.E. Journal of Economic Analysis & Policy (2007)
Many firms divide the price a consumer pays for a good into two pieces---the price...
 

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The Spite Motive and Equilibrium Behavior in Auctions (with Ken Steiglitz and George Reis), The B.E. Journal of Economic Analysis & Policy (2007)
We study auctions where bidders have independent private values but attach a disutility to the...
 

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Price Dispersion in the Large and in the Small: Evidence from an Internet Price Comparison Site, Journal of Industrial Economics (2004)
 

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On the Buyability of Voting Bodies, Institute of Governmental Studies (2007)
We study vote buying by competing interest groups in a variety of electoral and contractual...
 

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Securities Auctions Under Moral Hazard: An Experimental Study (with Shimon Kogan), Experimental Social Science Laboratory (Xlab) (2007)
In many settings, including venture capital financing, mergers and acquisitions, and lease competition, the structure...
 

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Clicks, Discontinuities, and Firm Demand Online (with Michael R. Baye, J. Rupert J. Gatti, and Paul Kattuman), Competition Policy Center (2006)
The market values of online platforms, such as Yahoo, stem from their ability to monetize...
 

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How much is a Dollar Worth? Tipping versus Equilibrium Coexistence on Competing Online Auction Sites (with Jennifer Brown), Competition Policy Center (2006)
The equilibrium model of Ellison, Fudenberg, and Möbius (2004) predicts that, if two competing auction...
 

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Shrouded Attributes and Information Suppression: Evidence from Field Experiments (with Tanjim Hossain), Competition Policy Center (2006)
The recent theoretical literature suggests that consumer myopia may lead firms to profitably suppress or...
 

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Are Two Heads Better Than One?: Monetary Policy by Committee (with Alan S. Blinder and John Morgan), Experimental Social Science Laboratory (Xlab) (2005)
 

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The Value of Commitment in Contests and Tournaments when Observation is Costly (with Felix Várdy), Competition Policy Center (2005)
We study the value of commitment in contests and tournaments when there are costs for...
 

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Estimating Firm-Level Demand at a Price Comparison Site: Accounting for Shoppers and the Number of Competitors (with Michael Baye, RUPERT J. GATTI, and Paul Kattuman), Competition Policy Center (2004)
Clearinghouse models of online pricing---such as Varian (1980), Rosenthal (1980), Narasimhan (1988), and Baye-Morgan (2001)---view...
 

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Contracting for Information under Imperfect Commitment (with Vijay Krishna), Competition Policy Center (2004)
Organizational theory suggests that authority should lie in the hands of those with information, yet...
 

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Brand and Price Advertising in Online Markets (with Michael Baye), Competition Policy Center (2004)
We model a homogeneous product environment where identical e-retailers endogenously engage in both brand advertising...
 

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Contracting for Information (with Vijay Krishna), Institute of Governmental Studies (2003)
We study optimal contracts between a decison maker and an expert where the decison maker...