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Publications
- Does the Presence of a Public Firm Facilitate Merger Approvals?, with Kiriti Kanjilal and Ana Espinola-Arredondo, Economics Letters. 2022, vol. 219. Working paper version here.
- Environmental Policy Helping Antitrust Decisions: Socially excessive and insufficient merger approvals, with Pak-Sing Choi and Ana Espinola-Arredondo. Resource and Energy Economics, 2022, vol. 67, 101267. Working paper version here.
- Pollution Abatement with Disruptive R&D Investment, with Ana Espinola-Arredondo and John Strandholm. Resource and Energy Economics. 2021, 66, 101258, Working paper version here.
- Regulators and Environmental Groups: Better Together or Apart?, with Ana Espinola-Arredondo and Eleni Stathopoulou. Environment and Development Economics. 2021, vol. 27(1), pp. 40-66. Working paper version here.
- Common Pool Resources with Endogenous Equity Shares, with Kiriti Kanjilal. Strategic Behavior and the Environment, 2021, vol. 9, pp. 103-143. Working paper version here.
- Can Mandatory Certification Promote Greenwashing? A Signaling Approach, with Ana Espinola-Arredondo and Dolores Garrido. Journal of Public Economic Theory, 2020, vol. 22(6), pp. 1801-1851. Working paper version here.
- Campaign Limits and Policy Convergence with Asymmetric Agents, with Eric Dunaway. Public Choice, 2020, vol. 184, pp. 429-461. Working paper version here, and appendix.
- Endogenous Equity Shares in Cournot Competition: Welfare Analysis and Policy, with Kiriti Kanjilal. The B.E. Journal of Economic Analysis and Policy, 2020, 20(1). Working paper version here.
- Organic Mergers and Acquisitions: When Are They Welfare Improving?, with Ana Espinola-Arredondo and AeRin Jung. Journal of Industry, Competition, and Trade, 2020, vol. 20, pp. 59-91. Working paper version here.
- The Anticipatory Effects of Taxation in the Commons: When Do Taxes Work and When Do They Fail? with Ana Espinola-Arredondo and Isaac Duah. Ecological Economics, 2019, vol. 166, 106433. Working paper version here and appendix.
- Transboundary Natural Resources, Externalities, and Firm Preferences for Regulation, with Sherzod Akhundjanov. Environmental and Resource Economics, 2019, vol. 73(1), pp 333–352. Working paper version here and appendix.
- International Coordination of Environmental Policies: Is it Always Worth the Effort?, with Ana Espinola-Arredondo and Jude Bayham. Environment and Development Economics, 2019, 24(3), pp. 294-316. Working paper version here.
- Strategic Emission Fees: Using Green Technology to Deter Entry, with Ana Espinola-Arredondo and Boying Liu. Journal of Industry, Competition, and Trade, 2019, 19, pp. 313-349. Working paper version here.
- Conservation Procurement Auctions with Bidirectional Externalities, with Ana Espinola-Arredondo and Pak-Sing Choi. Journal of Environmental Economics and Management, 2018, 92, pp. 559-579. Working paper version here.
- Explaining Hypothetical Bias Variations using Income Elasticity of Demand, with Tongzhe Li. Journal of Behavioral and Institutional Economics, 2018, 35(3), pp. 207-224. Working paper version here.
- Regulation, Free-Riding Incentives, and Investment in R&D with Spillovers, with Ana Espinola-Arredondo and John Strandholm. Resource and Energy Economics, 2018, 53, pp. 133-146. Working paper version here.
- Can Banning Spatial Price Discrimination Improve Social Welfare?, with Ziying Yang. Journal of Industry, Competition, and Trade, , 18(2), pp. 223–243. Working paper version here.
- Information Transmission During the Trial: The Role of Punitive Damages and Legal Costs, with Ana Espinola-Arredondo and Pitchayaporn Tantihkarnchana, Journal of Public Economic Theory, 2018, 20(2), pp. 136-155. Working paper version here.
- Non-profit Product Differentiation, with Robert Rosenman. Economics Bulletin, 2017, 37(3), pp. 1415-1420. Working paper version here.
- Firm Preferences for Environmental Policy: Industry Uniform or Firm Specific?, with Sherzod Akhundjanov. Strategic Behavior and the Environment, 2016, 6(1-2), pp. 135-180. Working paper version here.
- Can Polluting Firms Favor Regulation?, with Sherzod Akhundjanov. The B.E. Journal of Economic Analysis and Policy, 2016, 16(4), pp.1-23 Working paper version here, and appendix.
- Profit-Enhancing Environmental Policy: Uninformed Regulation in an Entry-Deterrence Model, with Ana Espinola-Arredondo. Journal of Regulatory Economics, 2016, 50(2), pp. 146-163. Working paper version here.
- An Excessive Development of Green Products?, with Ana Espinola-Arredondo. Economics of Governance, 2016, 17(2), pp. 101-129. Working paper version here.
- Can Poorly Informed Regulators Hinder Competition?, with Ana Espinola-Arredondo. Environmental and Resource Economics, 2015, 61(3), pp. 433-461. Working paper version here.
- Why do Firms Oppose Entry-Deterring Policies? Environmental Regulation and Entry Deterrence, with Ana Espinola-Arredondo. Environment and Development Economics, 2015, 20(2), pp. 141-160. Working paper version here.
- Cooperation and Signaling with Uncertain Social Preferences, with John Duffy. Theory and Decision, 2015, 78(1), pp. 45-75. Working paper version here.
- The Signaling Role of Subsidies, with Ana Espinola-Arredondo. The B.E. Journal of Economic Analysis and Policy, 2015, 15(1), pp. 157-178. Working paper version here.
- The Entry-Deterring Effects of Inflexible Regulation, with Ana Espinola-Arredondo and Jude Bayham. Canadian Journal of Economics, 2014, 47(1), pp. 298-324. Working paper version here.
- Asymmetric Information may Protect the Commons: The Welfare Benefits of Uninformed Regulators, with Ana Espinola-Arredondo. Economics Letters, 2013, 121(3), pp. 463-67. Working paper version here.
- Capacity Constrained Firms and Expansion Subsidies: Should Governments Avoid Generous Subsidies?, with Gulia Zaynutdinova. Journal of Industry, Competition and Trade, 2013, 13(4), pp. 563-97. Working paper version here.
- Don’t Forget to Protect Abundant Resources, with Ana Espinola-Arredondo. Strategic Behavior and the Environment, 2013, 3(4), pp. 251-278. Working paper version here.
- When does Environmental Regulation Facilitate Entry-Deterring Practices?, with Ana Espinola-Arredondo. Journal of Environmental Economics and Management, 2013, 65(1), pp. 133-152. Working paper version here.
- Uncovering Entry Deterrence in the Presence of Learning-by-Doing, with Ana Espinola-Arredondo. Journal of Industry, Competition and Trade, 2013, 13(3), pp. 319-338. Working paper version here.
- When do Firms Support Environmental Agreements?, with Ana Espinola-Arredondo. Journal of Regulatory Economics, 2012, 41(3), pp. 380-401. Working paper version here.
- Patience or Fairness? Analyzing Social preferences in Repeated Games, with John Duffy. Games, 2012, 3, pp. 56-77. Working paper version here.
- When Should a Firm Expand its Business? The Signaling Implications of Business Expansion, with Esther Gal-Or and Ana Espinola-Arredondo. International Journal of Industrial Organization, 2011, 29, pp. 729-745. Working paper version here.
- Can Incomplete Information lead to Under-Exploitation in the Commons? with Ana Espinola-Arredondo. Journal of Environmental Economics and Management, 2011, 62, pp. 402-413. Working paper version here.
- Risk Aversion in Auctions with Asymmetrically Informed Bidders: a “Desensitizer” from Uncertainty, with Sandra Orozco-Aleman. Economics Letters, 2011, 112, pp. 38-41. Working paper version here.
- Competition for Status Acquisition in Public Good Games, Oxford Economic Papers, 2011, pp. 1-19. Working paper version here and online appendix.
- Free-Riding in International Environmental Agreements: A Signaling Approach to Non-Enforceable Treaties, with Ana Espinola-Arredondo, Journal of Theoretical Politics, 2011, 23(1), pp. 111-134. Working paper version here.
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Other (peer-reviewed) Publications
- Firm Preferences for Environmental Regulation, with Sherzod Akhundjanov, Review of Environment, Energy and Economics. November 2014.
- A Systematic Presentation of Equilibrium Bidding Strategies to Undergraduate Students, Journal of Economics and Economic Education Research. 2014, 15(2), pp. 109-120. (Link to working paper version.)
- The Entry-Deterring Effects of Environmental Policy, with Ana Espinola-Arredondo, Review of Environment, Energy and Economics, January 2013.
- A Systematic Procedure for Finding Perfect Bayesian Equilibria in Incomplete Information Games. The B.E. Journal of Industrial Organization Education, vol. 6(1), Article 8, 2012. (Link to working paper version.)
- The Intuitive and Divinity Criterion: Interpretation and Step-by-Step Examples, with Ana Espinola-Arredondo. The B.E. Journal of Industrial Organization Education, vol. 5(1), Article 7, 2010. (Link to working paper version.)
- Last-Chance Sales: What Makes them Credible?, with Heriberto Gonzalez. Ensayos Revista de Economia, vol. 28(1), 2009.
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Books
- Common Pool Resources: Strategic Behavior, Inefficiencies, and Incomplete Information, with Ana Espinola-Arredondo. Cambridge University Press, October 2021.
- Solutions Manual to accompany “Common Pool Resources: Strategic Behavior, Inefficiencies, and Incomplete Information,” with Ana Espinola-Arredondo. Cambridge University Press, October 2021.
- Auction Theory: Introductory Exercises with Answer Keys, with Pak-Sing Choi. Springer-Nature, May 2021.
- Industrial Organization: Practice Exercises with Answer Keys, with Pak-Sing Choi and Eric Dunaway. Springer-Nature, January 2021.
- Intermediate Microeconomic Theory: Tools and Step-by-Step Examples, with Ana Espinola-Arredondo, The MIT Press, October 2020.
- Practice Exercises for “Intermediate Microeconomic Theory”, with Eric Dunaway, John Strandholm, and Ana Espinola-Arredondo, The MIT Press, October 2020.
- Solutions Manual to accompany “Intermediate Microeconomic Theory: Tools and Step-by-Step Examples”, with Eric Dunaway, John Strandholm, and Ana Espinola-Arredondo, The MIT Press, October 2020.
- Advanced Microeconomic Theory: An Intuitive Approach with Examples, Felix Munoz-Garcia, The MIT Press, August 2017.
- Practice Exercises for “Advanced Microeconomic Theory”, Felix Munoz-Garcia, The MIT Press, August 2017.
- Solutions Manual to accompany “Advanced Microeconomic Theory: An Intuitive Approach with Examples” (only available to instructors), Felix Munoz-Garcia, The MIT Press, August 2017.
- Strategy and Game Theory – Practice Exercises with Answers, with Daniel Toro-Gonzalez, Springer-Nature. First edition, August 2016; Second edition, June 2019. Reprint, December 2020
- Game Theory Applications to Environmental Economics, with Ana Espinola-Arredondo (editors), World Scientific Publishers, October 2016.
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Book Chapters
- “The Role of Information in the Tragedy of the Commons,” with Ana Espinola-Arredondo, in Analyzing Global Environmental Issues: Theoretical and Experimental Applications and their Policy Implications, February 2013. Ariel Dinar and Amnon Rapoport, eds., Routledge Publishing.
- “Environmental Negotiations under Uncertainty,” with Ana Espinola-Arredondo, in Analyzing Global Environmental Issues: Theoretical and Experimental Applications and their Policy Implications, February 2013. Ariel Dinar and Amnon Rapoport, eds., Routledge Publishing.
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Working Papers
- Optimal Patent Lengths in Polluting Industries, with Pak-Sing Choi, Eugenio Diaz-Farina, and Ana Espinola-Arredondo.
- Signaling under Bilateral Uncertainty: Do Green Consumers Lead to More Greenwashing?, with Ana Espinola-Arredondo and Dolores Garrido.
- Picking Green Teams: How Environmental Groups Choose Collaboration when Firms are Asymmetric, with Ana Espinola-Arredondo and John Strandholm.
- Can Abolishing Environmental Regulation Lead to a Welfare and Profit Loss?, with Ana Espinola-Arredondo.
- Nonlinear Pricing with Costly Information Acquisition, with Brett Devine.
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Former PhD students
- Jude Bayham, PhD in 2013, Assistant Professor at Colorado State University.
- Yongwon Cho, PhD in 2013, Korea Institute for Industrial Economics and Trade, Seoul, South Korea.
- Tongzhe Li, PhD in 2015, Assistant Professor at the University of Guelph, Canada.
- Sherzod Akhundjanov, PhD in 2016, Assistant Professor at Utah State University.
- Ziying Yang, PhD in 2017, Assistant Professor at Southwestern University of Finance and Economics, China.
- John Strandholm, PhD in 2017, Assistant Professor at University of South Carolina-Upstate.
- Eric Dunaway, PhD in 2018, Assistant Professor at Wabash College, Indiana.
- Kiriti Kanjilal, PhD in 2018, Assistant Professor at IIIT, Delhi, India.
- Brett Devine, PhD in 2018, Assistant Professor at Hamline University, Minnesota.
- Pak-Sing Choi, PhD in 2018, Assistant Professor at National Central University, Taiwan.
- Xinlong Tan, PhD in 2018, Chief Data Officer, Bayes Data Intelligence Technology Service Inc., China.
- Austin Miller, PhD in 2018, Assistant Professor at Hamline University, Minnesota.
- Jukwan Lee, PhD in 2019, Korea Institute for International Economic Policy, Seoul, South Korea.
- Kiana Yektansani, PhD in May 2020, Lecturer at University of Illinois at Chicago.
- Dolores Garrido, PhD in May 2020, Visiting Assistant Professor at Union College, New York.
- Yenjae Chang, PhD in April 2021, Associate Research Fellow, Korea Energy Economics Institute, South Korea.
- Chelsea Pardini, PhD in April 2021, Postdoc, New York University.
- Joseph Navelski, PhD in April 2023 (expected), Senior Quantitative Analyst at TD Bank.