Working Papers

Published

  1. Interplay between Amazon store and logistics,” (with Patrick Andreoli-Versbach), European Competition Journal, 2024.

  2. Prediction machines, insurance, and protection: An alternative perspective on AI’s role in production,” (with Ajay Agrawal and Avi Goldfarb), Journal of the Japanese and International Economies, 2024 (forthcoming).

  3. “The Turing Transformation: Artificial intelligence, intelligence augmentation, and skill premiums,” (with Ajay Agrawal and Avi Goldfarb), Harvard Data Science Review, 2024.

  4. “Price Collusion Using Artificial Intelligence,” in Antitrust Economics for Lawyers, LexisNexis, 2023.

  5. Zero Cost'' Majority Attacks on Permissionless Blockchains (with Hanna Halaburda), Management Science, 2024, forthcoming.

  6. Artificial Inteligence Adoption and System-Wide Change,” (with Ajay Agrawal and Avi Goldfarb), Journal of Economics and Management Strategy, 33 (2), 2024, pp.327-337.

  7. "Examining the relationship between workplace industry and COVID-19 infection: a cross-sectional study of Canada’s largest rapid antigen screening program," (with Evgenia Gatov, Sonia Sennik, Avi Goldfarb, Janice Stein, Ajay Agrawal and Laura Rosella), Journal of Occupational and Environmental Medicine 66(2):p e68-e76, February 2024.

  8. “Do we want less automation?” (with Ajay Agrawal and Avi Goldfarb), Science, Vol. 381, 2023, pp.155-158.

  9. “Economic analysis of proposed regulations of cloud services in Europe,” (with Mikael Herve and Muath Masri), European Competition Journal, 2023.

  10. “Cryptic Regulation of Crypto-Tokens,” Entrepreneurship and Innovation Policy and the Economy, forthcoming.

  11. “A Solomonic Solution to Blockchain Front-Running,” (with Richard Holden), AEA Papers and Proceedings, 2023.

  12. “Similarities and Differences in the Adoption of General Purpose Technologies ,” (with Ajay Agrawal and Avi Goldfarb), Technology, Productivity, and Economic Growth, (Susanto Basu, Lucy Eldridge, John Haltiwanger, and Erich Strassner eds.), NBER/University of Chicago Press, 2023 (forthcoming).

  13. Artificial Intelligence Adoption in a Competitive Market,” Economica, (forthcoming).

  14. Artificial Intelligence Adoption in a Monopoly Market,” Managerial and Decision Economics, (forthcoming).

  15. Experimental Choice and Disruptive Technologies,” Management Science Vol. 69, No. 11, 2023, pp.7044-7058; (previously, A Synthetic Model of Disruption and Experimentation) (Non-technical video summary on Faculti).

  16. “Vaccine hesitancy, passports and the demand for vaccination,” International Economic Review, (forthcoming).

  17. “Optimal Allocation of Vaccines” Oxford Review of Economic Policy 38 (4), 2022, pp.912-923.

  18. Markets for Scientific Attribution,” (with Fiona Murray), Journal of Law, Economics and Organization, (forthcoming).

  19. “The Interoperability Hope,” CPI TechREG Chronicle, November 2022.

  20. From Prediction to Transformation,” (with Ajay Agrawal and Avi Goldfarb), Harvard Business Review, Nov-Dec 2022.

  21. “Entrepreneurial strategy: a choice-based approach to entrepreneurship education.” (with Erin L. Scott, and Scott Stern), Annals of Entrepreneurship Education and Pedagogy–2023 (2022): 393

  22. “I'm Not Sure What to Think About Them: Non-Bayesian Updating for Naive Present-Biased Players” (with Peter Landry), Journal of Economic Behavior and Organization, (forthcoming).

  23. Storm Crowds: Evidence from Zooniverse on Crowd Contribution Design,” (with Sandra Barbosu), Research Policy, Vol.51, No. 1 (2022): 104414.

  24. “The Specialness of Zero” Journal of Law and Economics, Vol.65, No.1, February 2022, pp.157-176.

  25. The Fine Print in Smart Contracts,” in Smart Contracts Technological, Business and Legal Perspectives, Marcelo Corrales Compagnucci, Mark Fenwick & Stefan Wrbka (eds.), Hart Publishing: London, Chapter 2.

  26. “The Microeconomics of Cryptocurrencies,” (with Hanna Halaburda, Guillaume Haeringer & Neil Gandal), Journal of Economic Literature, 2022.

  27. “Large Scale Implementation of Rapid Antigen Testing for Covid-19 in Workplaces,” (with Avi Goldfarb, Ajay Agrawal, Sonia Sennik, Janice Stein and Laura Rosella), Science Advances, 25 Feb 2022 • Vol 8, Issue 8 • DOI: 10.1126/sciadv.abm3608.

  28. “The case for a vaccine tax,” (with Michael Smart), Finances of the Nation, 31 January 2022.

  29. “False-Positive Results in Rapid Antigen Tests for SARS-CoV-2” (with Avi Goldfarb, Ajay Agrawal, Sonia Sennik, Janice Stein and Laura Rosella), JAMA. Published online January 07, 2022. doi:10.1001/jama.2021.24355.

  30. “False-Positive Results in Rapid Antigen Tests for SARS-CoV-2: Reply” (with Avi Goldfarb and Laura Rosella), JAMA. 2022;327(19):1926. doi:10.1001/jama.2022.4469

  31. “The Economic Consequences of R = 1: Towards a Workable Behavioural Epidemiological Model of Pandemics,” Review of Economic Analysis, Vol.14, No.1, 2022, pp.3-25.

  32. “Test Sensitivity for Infection versus Infectiousness of SARS-CoV-2,” Managerial and Decision Economics, 43, no. 6, 2022, pp.1880-1887.

  33. "Consensus Mechanisms for the Blockchain" (with Neil Gandal), “Consensus Mechanisms for the Blockchain,” In: Rau R., Wardrop R., Zingales L. (eds) The Palgrave Handbook of Technological Finance. Palgrave Macmillan, Cham. (2021).

  34. “How AI will change strategy: A thought experiment,” (with Ajay Agrawal and Avi Goldfarb), Harvard Business Review, Winter 2021, pp.30-31.

  35. "Exit, Tweets and Loyalty," (with Avi Goldfarb and Mara Lederman), AEJ: Microeconomics, 13, no. 2, 2021, pp.68-112.

  36. Enabling Entrepreneurial Choice,” Management Science (with Ajay Agrawal and Scott Stern), Vol. 67, No.9, 2021, pp.5510-5524.

  37. Choosing Technology: An Entrepreneurial Strategy Approach,” (with Michael Kearney, Erin Scott and Scott Stern), Strategy Science, Vol.6, No.1 (March 2021): 39-53.

  38. “To Disrupt or not to Disrupt,” Sloan Management Review, March, 2020.

  39. Some Simple Economics of the Blockchain,” (with Christian Catalini), Communications of the ACM, Vol. 63 No. 7, July 2020, pp.80-90. [Video] [Video explanation]

  40. “How to Win with Machine Learning,” (with Ajay Agrawal and Avi Goldfarb), Harvard Business Review, September-October, 2020.

  41. “The Allocation of Decision Authority to Human and Artificial Intelligence,” (with Susan Athey and Kevin Bryan), AEA Papers and Proceedings, Vol.110, May 2020.

  42. “The CEO’s Guide to Safely Reopening the Workplace,” (with Ajay Agrawal, Avi Goldfarb and Mara Lederman) MIT Technology Review, 28 May 2020.

  43. “Artificial Intelligence: The Ambiguous Labor Market Impact of Automating Prediction,” (with Ajay Agrawal and Avi Goldfarb), Journal of Economic Perspectives, Volume 33, Number 2, Spring 2019, pp.31–50.

  44. Exploring the Impact of Artificial Intelligence: Prediction versus Judgment,” (with Ajay Agrawal and Avi Goldfarb), Information Economics and Policy, Volume 47, June 2019, Pages 1-6.

  45. "Prediction, Judgment and Complexity: A Theory of Decision Making and Artificial Intelligence" (with Ajay Agrawal and Avi Goldfarb) in Ajay Agrawal et.al. (eds.), Economics of Artificial intelligence, NBER, Chicago University Press, 2019.

  46. “Self-Recognition in Teams,” (with Peter Landry), International Journal of Game Theory, 48 (4), December 2019, pp.1169-1201; previously, "Procrastination in Teams," (2016).

  47. Foundations of Entrepreneurial Strategy,” (with Scott Stern and Jane Wu), Strategic Management Journal, Vol.40, No.5, May 2019, pp.736-756.

  48. “Economic policy for artificial intelligence,” (with Ajay Agrawal and Avi Goldfarb), Innovation Policy and the Economy, January 2019, Vol. 19(1):139-59.

  49. "A Theory of Multihoming in Rideshare Competition," (with Kevin Bryan), Journal of Economics and Management Strategy, Vol. 28, No.1, 2019, pp. 89-96.

  50. “Inequality and Market Concentration, When Shareholding is More Skewed than Consumption,” (with Andrew Leigh, Martin Schmalz and Adam Triggs), Oxford Review of Economic Policy, Volume 35, Issue 3, Autumn 2019, pp.550–563,.

  51. “Strengthening a Weak Rival for a Fight” (with Martin Byford), International Journal of Industrial Organization Volume 63, March 2019, pp.1-17. [previously titled “Permission to Exist”]

  52. "Does Organizational Form Drive Competition? Evidence from Coffee Retailing," (with Brian Adams, Richard Hayes and Ryan Lampe), Economic Record, Vol. 94 (305), June 2018, pp.155-167.

  53. "The Impact of Consumer Multi-Homing on Advertising Markets and Media Competition," (with Susan Athey and Emilio Calvano), Management Science, 64(4), April 2018, pp. 1574–1590. (https://doi.org/10.1287/mnsc.2016.2675; Previous version, “The Impact of the Internet on Advertising Markets for News Media” (with Susan Athey and Emilio Calvano), unpublished, 2012.)

  54. "Human Judgment and AI Pricing," (with Ajay Agrawal and Avi Goldfarb), AEA: Papers and Proceedings, Vol.108, 2018, pp.58-63.

  55. Getting Prices Right on Digital Music Copyright,” Review of Economic Research on Copyright Issues,” Vol.15, No.2, 2018, pp.1-22.

  56. "Control versus Execution: Endogenous Appropriability and Entrepreneurial Strategy," (with Kenny Ching and Scott Stern), Industrial and Corporate Change, 2018, pp.1-20.

  57. "Strategy for Start-Ups" (with Erin Scott and Scott Stern), Harvard Business Review, May-June, 2018.

  58. "The Giant's Shoulders," in Stephen M. Maurer (ed.), On the Shoulders of Giants: Colleagues Remember Suzanne Scotchmer's Contributions to Economics, Cambridge University Press, 2017, Chapter 14.

  59. "Surviving disruptive innovation," in Joshua Gans and Sarah Kaplan (eds), Survive and Thrive: Winning Against Strategic Threats to Your Business, DogEar: Toronto, Chapter 6.

  60. "Multiple Paths to Value: Test Two, Choose One," (with Scott Stern), IESE Insight, Second Quarter 2017.

  61. "Negotiating for the Market," Advances in Strategic Management, J. Furman et.al. (eds), Volume 37, 2017, pp.3-36.

  62. "Contracting Over the Disclosure of Scientific Knowledge: Intellectual Property and Academic Publication" (with Fiona Murray and Scott Stern), Research Policy, Volume 46, Issue 4, May 2017, pp.820-835.

  63. "Economics of Innovation," in Roger D. Blair and D. Daniel Sokol (eds), The Cambridge Handbook of Antitrust, Intellectual Property, and High Tech, Cambridge University Press: Cambridge, 2017, Chapter 1.

  64. "Endogenous Appropriability," (with Scott Stern), American Economic Review Papers and Proceedings, Vol.107, No.2, May 2017, pp.317-21.

  65. “Some Economics of Pure Digital Currencies,” (with Hanna Halaburda), Economics of Digitization: An Agenda, A. Goldfarb, S. Greenstein and C. Tucker (eds), NBER, 2015, Chapter 9.

  66. Self-Regulating Artificial General Intelligence, arXiv:1711.04309, 2017.

  67. "What to expect from Artificial Intelligence," (with Ajay Agrawal and Avi Goldfarb), Sloan Management Review, Feb 7, 2017 (previous version: Managing the Machines (with Ajay Agrawal and Avi Goldfarb), 2016).

  68. "Value Capture Theory: A Strategic Management Review," (with Michael Ryall), Strategic Management Journal, Vol.38, No.1, January 2017, pp.17-41.

  69. "Beware Business Fads: Disruptive Innovation and Competition Policy," Canadian Competition Law Review, Vol.29, No.1, 2016, pp.28-40.

  70. "The other disruption," Harvard Business Review, March 2016, pp.78-85.

  71. "Keep Calm and Manage Disruption," Sloan Management Review, February 22, 2016.

  72. "Weak versus Strong Net Neutrality: Correction and Clarification," (with Michael Katz) Journal of Regulatory Economics, Vol. 50, (1), 2016, pp. 99-110. (DOI: 10.1007/s11149-016-9305-7)

  73. Weak Versus Strong Net Neutrality,” Journal of Regulatory Economics Vol. 47 (2), 2015, pp.183-200.

  74. "Remix Rights and Negotiations over the use of Copy-Protected Works," International Journal of Industrial Organization, Vol41, July 2015, pp.76-83.

  75. Does the Lunar Cycle Affect Births and Deaths? (with Andrew Leigh),  Journal of Articles in Support of the Null Hypothesis, Vol.11, No.2, February 2015.

  76. Exploring Tradeoffs in the Organization of Scientific Work: Collaboration and Scientific Rewards,” (with Michael Bikard and Fiona Murray), Management Science, Vol.61, No.7, July 2015, pp.1473-1495.

  77. “Credit History: The Changing Nature of Scientific Credit” (with Fiona Murray), in A. Jaffe and B. Jones (eds), The Changing Frontier, NBER, 2015, Chapter 4.

  78. “‘Selling Out’ and the Impact of Music Piracy on Artist Entry,” Information Economics and Policy, Vol. 32, September 2015, pp.58-64.

  79. Collusion at the Extensive Margin,” (with Martin Byford), International Journal of Industrial Organization, Vol. 37, November 2014, pp.75-83. (previous version with Markov Perfect Equilibrium, 2013)

  80. Dynamic Commercialization Strategies for Disruptive Technologies: Evidence from the Speech Recognition Industry,” (with Matt Marx and David Hsu), Management Science, Vol.60, No.12, 2014, pp.3103-3123.

  81. Exit Deterrence,” (previously, Can the Threat of Entry Reduce Competition?”) (with Martin Byford), Journal of Economics and Management Strategy Vol.23 (3), Fall 2014, pp.650-668.

  82. Bilateral Bargaining with Externalities,” _Journal of Industrial Economics (with Catherine de Fontenay), Vol.62, No.4, 2014, pp.756-788. (click here for 2008 Working Paper version)

  83. Innovation Incentives under Transferable Fast-Track Regulatory Review,” (with David Ridley), Journal of Industrial Economics, Vol.61, No.3, 2013, pp.789-816.

  84. “Designing Markets for Ideas,” (with Scott Stern) in The Handbook of Market Design (Edited by Zvika Neeman, Muriel Niederle, Nir Vulkan, and Al Roth ), Oxford University Press, 2013, Chaper 8.

  85. Entrepreneurial Commercialization Choices and the Interaction between IPR and Competition Policy,” (with Lars Persson), Industrial and Corporate Change, Vol. 22, No. 1, 2013, 131-151.

  86. “Most Favored Nation Clauses Moving Out of Favor,” Competition Policy International, 13(2), July 2013.

  87. “Television Wants to be Shared” in Is There Still a Place for Public Service Television? Effects of the Changing Economics of Broadcasting, Robert Picard and Paolo Siciliani (eds), Reuters Institute for the Study of Journalism, Oxford, 2013.

  88. “Most Favored Nation Clauses Moving Out of Favor,” Competition Policy International, 13(2), July 2013.

  89. “Natural Monopoly,” The Palgrave Encyclopedia of Strategic Management, D. Teece et.al. (eds), Palgrave/MacMillan (forthcoming).

  90. “Intel and Blocking Practices (2010),” The Antitrust Revolution, J.Kwoka and L. White (eds), 6th Edition, Oxford University Press, 2013, Chapter 13.

  91. Mobile Application Pricing,” Information Economics and Policy,Vol.24, No.1, March 2012, pp.52-59.

  92. “How Partisan is the Press: Multiple Measures of Media Slant” (with Andrew Leigh), Economic Record, Volume 88, Issue 280, pages 127–147, March 2012.

  93. “Bargaining over Labor: Do Patients have any Power?” (with Andrew Leigh) Economic Record, Vol.88, No.281, June 2012, pp.182-194.

  94. Mobile Application Pricing,” Information Economics and Policy, Vol.24, No.1, March 2012, pp.52-59.

  95. Carbon Offset Provision with Guilt-Ridden Consumers,” (with Vivienne Groves) Journal of Economics and Management Strategy, Vol.21, No.1, 2012, pp.243-269.

  96. Innovation and Climate Change Policy,” American Economic Journal: Economic Policy, 4(4), 2012, pp.125-145. (Mention in Science, 14 Dec 2012)

  97. How Partisan is the Press? Multiple Measures of Media Slant” (with Andrew Leigh) Economic Record, Vol.88, No.280, March 2012, pp.127-147. (Link to working paper)

  98. “Funding Scientific Knowledge: Selection, Disclosure and the Public-Private Portfolio,” (with Fiona Murray), Rate and Direction of Inventive Activity, J. Lerner and S. Stern (eds), NBER, 2012, Chapter 1.

  99. How Does the Republic of Science Shape the Patent System? Broadening the Institutional Analysis of Policy Levers for Innovation and Knowledge Disclosure,” (with Fiona Murray and Mackey Craven), UC Irvine Law Review, Vol.1 No.2, 2011, pp.359-395.

  100. Platform Siphoning: Ad-Avoidance and Media Content,” (with Simon Anderson) American Economic Journal: Microeconomics, Vol.3, No.4, November 2011, pp.1-34. (Write up with interactive elements by the AEA)

  101. Remedies for Tying in Computer Applications,” International Journal of Industrial Organization, 29 (5), 2011, pp.505-512.

  102. Why Tie a Product Consumers Do Not Use,” (with Dennis Carlton and Michael Waldman), American Economic Journal: Microeconomics, Vol.2, No.3, August 2010, pp.85-105.

  103. Do Voluntary Carbon Offsets Work?” The Economists’ Voice, Vol.4, Iss.4, Article 7. (Republished in G. Chichilnisky, ed., The Economics of Climate Change, Edward Elgar, 2010.)\

  104. “Exclusivity, Competition and the Irrelevance of Internal Investment,” (with Catherine de Fontenay and Vivienne Groves) International Journal of Industrial Organization,Vol.28, No.4, 2010, pp.336-340.

  105. The Impact of Targeting Technology on Advertising Markets and Media Competition“ (with Susan Athey), American Economic Review: Papers and Proceedings, Vol.100, No.2, May 2010, pp.608-613.

  106. “Price Signals in Two-Sided Markets” Competition Policy International, July 2010.

  107. “Economic Approaches to Understanding and Promoting Innovation,” in L. Mann and J. Chan (eds), C_reativity and Innovation in Business and Beyond_, Routledge: London, 2010, pp.82-104.

  108. “When is Static Analysis a Sufficient Proxy for Dynamic Considerations? Reconsidering Innovation and Antitrust,” in J. Lerner and S. Stern (eds), Innovation Policy and the Economy, Vol.11, 2010.

  109. “Is there a market for ideas?” (with Scott Stern) Industrial and Corporate Change, Vol.19, No.3, 2010, pp.805-837.

  110. “A Dearth of Exit Strategies,” Sloan Management Review, Spring 2009, pp.19-20.

  111. Born on the First of July: An (Un)natural Experiment in Birth Timing” (with Andrew Leigh) Journal of Public Economics, Vol.93, Nos.1-2, February 2009, pp.246-263.

  112. The Millennium Bub,” (with Andrew Leigh) Applied Economics Letters, Vol.16, No.14, 2009, pp.1467-1470.

  113. The Impact of Uncertain Intellectual Property Rights on the Market for Ideas: Evidence for Patent Grant Delays” (with David Hsu and Scott Stern), Management Science, Vol.54, No.5, May 2008, pp.982-997.

  114. A Bargaining Perspective on Strategic Outsourcing and Supply Competition,” (with Catherine de Fontenay), Strategic Management Journal, Vol.29, No.8, August 2008, pp.819-839.

  115. “Where to next on credit card reforms?” (with Stephen King) Melbourne Review, Vol.4, No.1, May 2008, pp.42-48.

  116. Concentration-Based Merger Tests and Vertical Market Structure,” Journal of Law and Economics, Vol.50, No.4, November 2007, pp.661-680.

  117. “Introduction to Special Issue on “Negotiations and Cooperative Arrangements in Industrial Organization,” (with Roman Inderst) International Journal of Industrial Organization,Vol.25, No.5, October 2007, pp.879-883.

  118. Vertical Contracting when Competition for Orders Precedes Procurement,” Journal of Industrial Economics, Vol.55, No.2., June 2007, pp.335-346.

  119. Patent Length and the Timing of Innovative Activity,” (with Stephen King), Journal of Industrial Economics, Vol.55, No.4, December, 2007, pp.772-772.

  120. Access Pricing and Infrastructure Investment,” in Dewenter, Ralf and Haucap, Justus (eds.) Access Pricing: Theory and Practice, Elsevier Science, Amsterdam, 2007, Chapter 2.

  121. Price Discrimination with Costless Arbitrage,” (with Stephen King), International Journal of Industrial Organization, Vol.25, 2007, pp.431-440. (Published version)

  122. Minding the Shop: The Case of Obstetrics Conferences,” (with Andrew Leigh and Elena Varganova), Social Science and Medicine, Vol.65, No.7, October 2007, pp.1458-1465.

  123. Unusual Days in Births and Deaths,” (with Andrew Leigh), The Melbourne Review, 3 (1), May 2007, pp.72-79.

  124. “Did the Death of Australian Inheritance Taxes Affect Deaths?” (with Andrew Leigh) Topics in Economic Analysis and Policy, Vol.6, No.1, 2006, Article 23.

  125. Toying with Death and Taxes: Some Lessons from Down Under,” (with Andrew Leigh) The Economists’ Voice, Vol.3, Issue 6, 2006.

  126. Paying for Loyalty: Product Bundling in Oligopoly,” (with Stephen King) Journal of Industrial Economics, Vol.54, No.1, March 2006, pp.43-62.

  127. “What is different about media mergers?” (with Simon Anderson), The Melbourne Review, Vol.2, No.2, November 2006, pp.32-36.

  128. Inefficient Ownership and Resale Opportunities,” Economics Letters, Vol.93, 2006, pp.242-247.

  129. “Darth Vader and the Hold Up Problem,” Journal of Political Economy, Vol.114, No.2, April 2006, back page suggestion.

  130. Markets for Ownership,” RAND Journal of Economics, Vol.36, No.2, 2005, pp.433-455. For previous version with re-sale model, click here.

  131. Optional Fixed Fees in Multilateral Vertical Relations,” (with Catherine de Fontenay) _Economics Letter_s, Vol.88, 2005, pp.184-189.

  132. Vertical Integration and Competition Between Networks,” (with Catherine de Fontenay), Review of Network Economics, Vol.4, No.1, March 2005, pp.4-18. (Here is the 2001 Version: Extending Market Power through Vertical Integration)

  133. Vertical Integration in the Presence of Upstream Competition,” (with Catherine de Fontenay), RAND Journal of Economics, Vol.36, No.3, 2005, pp.544-572. For previous working paper version, click here. [Correction: Click here to download corrected Tables 1 and 2]

  134. “Wireless Communications,” (with Stephen King and Julian Wright), Handbook of Telecommunications Economics, Volume II, Martin Cave et.al. (eds.), North-Holland: Amsterdam, 2005.

  135. Access Holidays and the Timing of Infrastructure Investment,” (with Stephen King), Economic Record, Vol.80, No.248, March 2004, pp.89-100.

  136. Can Vertical Integration by a Monopsonist Harm Consumer Welfare?” (with Catherine de Fontenay), International Journal of Industrial Organization, Vol. 22, No. 6, 2004, pp. 821-834.

  137. “Patent Renewal Fees and Self-Funded Patent Offices,” (with Stephen King and Ryan Lampe), Topics in Theoretical Economics, Vol.4, No.1, 2004, Article 6.

  138. A Technological and Organisational Explanation of the Size Distribution of Firms,” (with John Quiggin), Small Business Economics, Vol.21, No.3, November 2003, pp. 243-256.

  139. Organizational Design and Technology Choice under Intrafirm Bargaining: Comment” (with Catherine de Fontenay), American Economic Review, Vol.93, No.1, 2003, pp.448-455.

  140. When Does Funding Research by Small Firms Bear Fruit? Evidence from the SBIR Program,” (with Scott Stern), Economics of Innovation and New Technology, Vol.12, No.4, 2003, pp.361-384. Click here for NBER Working Paper (February 2000).

  141. “Managing Ideas: Commercialization Strategies for Biotechnology,” The ICFAI Journal of Intellectual Property Rights, Vol.2, No.2, May 2003, pp.17-28.

  142. The Neutrality of Interchange Fees in Payment Systems,” (with Stephen King) Topics in Economic Analysis and Policy, Vol.3, No.1, 2003, Article 1.

  143. A Theoretical Analysis of Credit Card Reform in Australia,” (with Stephen King) Economic Record, Vol.79, No.247, December 2003, pp.462-472.

  144. Approaches to Regulating Interchange Fees in Payment Systems,” (with Stephen King) Review of Network Economics, Vol.2, No.2, June 2003, pp.125-145.

  145. The Neutrality of Interchange Fees in Payment Systems,” (with Stephen King) Topics in Economic Analysis and Policy, Vol.3, No.1, 2003, Article 1.

  146. The Product Market and the ‘Market for Ideas': Commercialization Strategies for Technology Entrepreneurs,” (with Scott Stern), Research Policy, Vol.32, No.2, February, 2003, pp.333-350.

  147. When Does Start-Up Innovation Spur the Gale of Creative Destruction?” (with David Hsu and Scott Stern), RAND Journal of Economics Vol.33, No.4, 2002, pp.571-586. Click here for NBER Working Paper (February, 2000)

  148. Innovation and Market Structure in General Equilibrium,” (with Robin Stonecash), Economic Theory and International Trade: Essays in Honor of Murray Kemp, A. Woodland (ed.), Edward Elgar: Cheltnam, 2002, pp.181-191.

  149. Exclusionary Contracts and Competition with Large Buyers,” (with Stephen King) International Journal of Industrial Organization, Vol.20, 2002, pp.1363-1381.

  150. Incumbency and R&D Incentives: Licensing the Gale of Creative Destruction,” (with Scott Stern) Journal of Economics and Management Strategy, Vol.9, No.4, pp.485-511, 2000.

  151. Regulating Private Infrastructure Investment: Optimal Pricing for Access to Essential Facilities,” Journal of Regulatory Economics, Vol.20, No.2, 2001, pp.167-189.

  152. Using ‘Bill and Keep’ Interconnect Arrangements to Soften Network Competition,” (with Stephen King) Economics Letters, Vol. 71, No.3, June 2001, pp.413-420.

  153. “The Role of Interchange Fees in Credit Card Associations: Competitive Analysis and Regulatory Options,” (with Stephen King), Australian Business Law Review, Vol.29, No.2, April 2001, pp.94-122.

  154. Numbers to the People: Regulation, Ownership and Local Number Portability,” (with Stephen King and Graeme Woodbridge) Information Economics and Policy, Vol.13, No.2, June 2001, pp.167-180.

  155. “Regulating Endogenous Customer Switching Costs,” (with Stephen King), Contributions to Theoretical Economics, Vol.1, Issue 1, 2001, Article 1.

  156. Mobile Network Competition, Customer Ignorance and Fixed-to-Mobile Call Prices” (with Stephen King), Information Economics and Policy, Vol.12, No.4, 2000, pp.301-328.

  157. Network Competition and Consumer Churn,” Information Economics and Policy, Vol.12, No.2, 2000, pp.97-110.

  158. “Engendering Change,” in W. Barnett et.al. (eds.), Commerce, Complexity and Evolution, Cambridge University Press: New York, 2000, Chapter 19, pp.390-414.

  159. Access Regulation and the Timing of Infrastructure Investment” (with Philip Williams), Economic Record, Vol. 79, No.229, June 1999, pp.127-138.

  160. “Economic Issues Associated with Access to Electronic Payments Systems,” (with Richard Scheelings) Australian Business Law Review, Vol.27, No.5, December 1999, pp.373-390.

  161. A Strategic Theory of In-House Research and Development,” in S. MacDonald and J. Nightingale (eds.), Information and Organization: A Tribute to the Work of Don Lamberton, Elsevier: Amsterdam, 1999, pp.167-182.

  162. Limited Information, the Possibility of Rational Choice, and the Contingent Valuation Method,” International Journal of Social Economics, Vol.26, Nos.1/2/3, 1999, pp.402-414.

  163. “Growth in Australian Cities” (with Rebecca Bradley), Economic Record, Vol.74 (No.226) September 1998, pp.266-278.

  164. Industrialisation with a Menu of Technologies: Appropriate Technologies and the Big Push“, Structural Change and Economic Dynamics, Vol.9, No.3, 1998, pp.63-78.

  165. Time Lags and Indicative Planning in a Dynamic Model of Industrialisation,” Journal of the Japanese and International Economies, Vol.12, 1998, pp.103-130. [Figure 1] [Figure2]

  166. Industrialization Policy and the Big Push,” in K.J. Arrow et.al. (eds.), Increasing Returns and Economic Analysis, Macmillan: London, 1998, Chpt 13.

  167. “Fixed Cost Assumptions in Industrialisation Theories,” Economics Letters, 56, 1997, pp.111-119.

  168. “Urban Productivity and Factor Growth in the Late Nineteenth Century,” (with Raphael Bostic and Scott Stern), Journal of Urban Economics, Vol. 41, No.1, January 1997, pp.38-55.

  169. Measuring Product Diversity” (with Robert Hill), Economics Letters, Vol.55, No.1, 1997, pp.145-150.

  170. “On the Impossibility of Rational Choice Under Incomplete Information,” Journal of Economic Behavior and Organization, Vol.29, No.2, March, 1996, pp.287-309.

  171. “Majority Voting With Single-Crossing Preferences,” (with Michael Smart) Journal of Public Economics, 58 (1), February 1996, pp.219-238.

  172. Comparative Statics Made Simple: An Introduction to Recent Advances,” Australian Economic Papers, June 1996, pp.81-93.

  173. “Best Replies and Adaptive Learning,” Mathematical Social Sciences, Vol.30, No.3, 1995, pp.221-234.

  174. “Evolutionary Selection of Beliefs,” Economics Letters, Vol.49, No.1, July 1995, pp.13-17.

  175. “Inside the Black Box: A Look at the Container,” Prometheus, Vol.13, No.2, December 1995, pp.169-183.

  176. “How Are The Mighty Fallen: Rejected Classic Articles By Leading Economists,” (with George Shepherd), Journal of Economic Perspectives, Vol.8, No.1, Winter, 1994, pp.165-179.

  177. “Chaos Theory, Nonlinearities and Economics: A Speculative Note,” Economic Papers, Vol.10, No.1, March 1991, pp.40-53.

  178. “Time and Economics: Reflections on Hawking,” Methodus, Vol.2, No.2, December 1990, pp. 80-81.

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