This chapter overviews productivity research from an industrial organization perspective. We
focus on what is known and what still needs to be learned about the productivity levels and …

Firms facing complex objectives often decompose the problems they face, delegating
different parts of the decision to distinct subunits. Using comprehensive data and internal …

We estimate a model of route‐level competition between airlines who choose whether to
offer nonstop or connecting service before setting prices. Airlines have full information about …

This chapter is organized around three main topics on dynamic games in empirical IO:
models, econometrics, and empirical applications. Section 2 presents the theoretical …

We introduce a model of dynamic pricing in perishable goods markets with competition and
provide conditions for equilibrium uniqueness. Pricing dynamics are rich because both own …

We study how signaling affects equilibrium outcomes and welfare in an online credit market
using detailed data on loan characteristics and borrower repayment. We build and estimate …

This paper presents a novel decomposition approach for measuring deterrence motives in
dynamic oligopoly games. Our approach yields a formalized, scale-free, and interpretable …

A patient player privately observes a persistent state and interacts with an infinite sequence
of myopic uninformed players. The patient player is either a strategic type who maximizes …

This paper uncovers price asymmetries across oligopolistic and monopolistic markets that
are seemingly identical in structure but different in competitive history. This is done by …

Purpose The purpose of this paper is to (1) investigate the effect of freshness on consumers'
willingness to pay,(2) derive static and dynamic pricing strategies and (3) compare the effect …