We study the effects of defaults on charitable giving in a large-scale field experiment on an
online fundraising platform. We exogenously vary default options along two choice …

This paper reviews several traditions in economic research on preferences as well as
research on personality traits in personality psychology and lists challenges in both fields …

While the labor market implications of mergers have historically been ignored, recent actions
by the Department of Justice (DOJ) place buyer market power (ie, monopsony) at the …

Abstract In March 2015, the Eurosystem launched its QE programme. The asset purchases
induced a rapid and strong increase in excess reserves, implying a structural liquidity …

We investigate how the structure of the distribution channel affects tacit collusion between
manufacturers. When selling through a common retailer, we find—in contrast to the …

We analyze how consumer preferences for one‐stop shopping affect the (Nash) bargaining
relationships between a retailer and its suppliers. One‐stop shopping preferences create …

This paper analyses whether the introduction of capital requirements for bank government
bond holdings increases financial stability by making the banking sector more resilient to …

We focus on four important features of mobile targeting. First, consumers' real-time locations
are known to sellers. Second, location is not the only factor determining how responsive …

This paper analyses the impact of different treatments of government bonds in bank liquidity
regulation on financial stability. Using a theoretical model, we show that a sudden increase …

We re-consider the bilateral bargaining problem of a multi-product, manufacturer–retailer
trading relationship. O'Brien and Shaffer (2005) have shown that the unbundling of contracts …