Firm 1 increases price following a merger with firm 2, even if firm 2 is capacity-constrained both before and after the merger.

In progress

Lethality and deterrence in affairs of honor (with Tom Ahn and Paul Shea), revise and resubmit, Journal of Institutional Economics, May 2021

Publications

Upward pricing pressure in mergers of capacity-constrained firms (with Daniel Greenfield), Economic Inquiry, 2021 (forthcoming)

Evaluating Mergers and Divestitures: A Casino Case Study (with F. David Osinski), Journal of Law, Economics, and Organization, 37, 2021 (forthcoming)

Analyzing Vertical Mergers: Accounting for the Unilateral Effects Tradeoff and Thinking Holistically About Efficiencies (with Roger D. Blair, Christine S. Wilson, D. Daniel Sokol, and Keith Klovers), George Mason Law Review, 27, 2020

Recalibrating the dialogue on welfare standards: Reinserting the total welfare standard into the debate (with Christine S. Wilson and Thomas J. Klotz), George Mason Law Review, 26:5, 2020

Economics at the FTC: Quantitative analyses of two chemical manufacturing mergers (with Daniel Greenfield, Bruce Kobaysashi, Christopher Taylor, and Nathan Wilson), Review of Industrial Organization, 55, pp. 607-623, 2019

The role of capacity in antitrust analysis (with Seth Sacher), Journal of Competition Law and Economics, 12 (4), pp. 661-700, 2016

Employer discrimination and market structure: Does more concentration mean more discrimination? (with Josh Ederington), International Journal of Industrial Organization, 48, pp. 1-33, 2016 Online appendix

Familiarity and decision making: The unclear role of noise in accept/reject decisions (with Chun-Hui Miao), Southern Economic Journal, 81, pp. 1062-1073, 2015

A note on bubbles and worthless assets: The curious case of General Motors, (with Tom Ahn and Paul Shea), Macroeconomic Dynamics, 18, pp. 244-254, 2014. (working paper version)

Real estate pricing under two-sided asymmetric information (with Paul Shea), Theoretical Economics Letters, 3, pp. 220-225, 2013.

Competition and endogenous impatience in credence good markets, Journal of Institutional and Theoretical Economics, 169 (3), pp. 531-565, 2013. (working paper version)

Optimal setting of point spreads, (with Paul Shea), Economica, 80, pp. 149-170, 2013. (working paper version)

Experts and quacks, RAND Journal of Economics, 41, pp. 199-214, 2010.

The Effects of Ethnic Capital and Age of Arrival on the Standard of Living of Young Immigrants, (with Michael Seeborg), The Journal of Economics, 29, pp. 27-48, 2003.

The Assimilation of Immigrants Who Arrived in the United States as Children, with Michael Seeborg, Journal of Business and Economic Research, 1, pp. 27-35, 2003.