ECON 5127

Fall 2016

Introduction to Industrial Organization

Jian-Da Zhu

Introduction to Industrial Organization

Fall 2016 Reading List

Oligopoly
1. Borenstein, S. and Shepard, A. (1996) Dynamic Pricing in Retail Gasoline Markets,
RAND Journal of Economics, 27, 429451
2. Clark, R. and Houde, J. F. (2013) Collusion with Asymmetric Retailers: Evidence
from a Gasoline Price-Fixing Case, American Economic Journal: Microeconomics,
5, 97123
3. Genesove, D. and Mullin, W. P. (1998) Testing Static Oligopoly Models: Conduct
and Cost in the Sugar Industry, 1890-1914, RAND Journal of Economics, 29, 355
377
4. Levenstein, M. C. (1997) Price Wars and the Stability of Collusion: a Study of the
Pre-World War I Bromine Industry., Journal of Industrial Economics, 45, 117137
5. Noel, M. D. (2007) Edgeworth Price Cycles: Evidence from the Toronto Retail Gasoline Market, Journal of Industrial Economics, 55, 6992
6. Wang, Z. (2009) (Mixed) Strategy in Oligopoly Pricing: Evidence from Gasoline
Price Cycles Before and Under a Timing Regulation, Journal of Political Economy,
117, 9871030

Monopolistic Competition
1. Berry, S. T. (1994) Estimating Discrete-Choice Models of Product Differentiation,
RAND Journal of Economics, 25, 242262
2. Berry, S. T. and Waldfogel, J. (1999) Free Entry and Social Inefficiency in Radio
Broadcasting, RAND Journal of Economics, 30, 397420
3. Borenstein, S. (1989) Hubs and High Fares: Dominance and Market Power in the
U.S. Airline Industry, RAND Journal of Economics, 20, 344365
4. Bresnahan, T. F. (1987) Competition and Collusion in the American Automobile
Industry: the 1955 Price War, Journal of Industrial Economics, 35, 457482
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ECON 5127
Fall 2016

Introduction to Industrial Organization

Jian-Da Zhu

5. Einav, L. (2007) Seasonality in the U.S. Motion Picture Industry, RAND Journal of
Economics, 38, 127145
6. Irwin, D. A. and Pavcnik, N. (2004) Airbus Versus Boeing Revisited: International
Competition in the Aircraft Market, Journal of International Economics, 64, 223
245

Price Discrimination
1. Borenstein, S. and Rose, N. L. (1994) Competition and Price Dispersion in the U.S.
Airline Industry, Journal of Political Economy, 102, 653683
2. Busse, M. and Rysman, M. (2005) Competition and Price Discrimination in Yellow
Pages Advertising Author(s):, RAND Journal of Economics, 36, 378390
3. Crawford, G. S. (2008) The Discriminatory Incentives to Bundle in the Cable Television Industry, Quantitative Marketing and Economics, 6, 4178
4. Malmendier, U. and Della Vigna, S. (2006) Paying Not to Go to the Gym, American
Economic Review, 96, 694719
5. Goldberg, P. K. (1996) Dealer Price Discrimination in New Car Purchases: Evidence from the Consumer Expenditure Survey, Journal of Political Economy, 104,
622
6. Leslie, P. (2004) Price Discrimination in Broadway Theater, RAND Journal of Economics, 35, 520541
7. Shepard, A. (1991) Price Discrimination and Retail Configuration, Journal of Political Economy, 99, 3053

Price Dispersion and Search

1. Baye, M. R. and Morgan, J. (2004) Price Dispersion in the Lab and on the Internet:
Theory and Evidence, RAND Journal of Economics, 35, 449466
2. Brown, J. R. and Goolsbee, A. (2002) Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry, Journal of Political Economy,
110, 481507
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ECON 5127
Fall 2016

Introduction to Industrial Organization

Jian-Da Zhu

3. Clay, K., Krishnan, R. and Wolff, E. (2001) Prices and Price Dispersion on the Web:
Evidence from the Online Book Industry, Journal of Industrial Economics, 49,
521539
4. De los Santos, B., Hortasu, A. and Wildenbeest, M. R. (2012) Testing Models of
Consumer Search Using Data on Web Browsing and Purchasing Behavior, American Economic Review, 102, 29552980

Entry Deterrence
1. Bresnahan, T. F. and Reiss, P. C. (1990) Entry in Monopoly Markets, Review of Economic Studies, 57, 531553
2. Bresnahan, T. F. and Reiss, P. C. (1991) Entry and Competition in Concentrated
Markets, Journal of Political Economy, 99, 977
3. Ciliberto, F. and Williams, J. W. (2010) Limited Access to Airport Facilities and Market Power in the Airline Industry, Journal of Law and Economics, 53, 467495
4. Dafny, L. S. (2005) Games hospitals play: Entry deterrence in hospital procedure
markets, Journal of Economics and Management Strategy, 14, 513542
5. Ellickson, P. B. (2007) Does Sutton Apply to Supermarkets?, RAND Journal of Economics, 38, 4359
6. Goolsbee, A. and Syverson, C. (2008) How Do Incumbents Respond to the Threat
of Entry? Evidence from the Major Airlines, Quarterly Journal of Economics, 123,
16111633

Vertical Integration
1. Ciliberto, F. (2006) Does Organizational Form Affect Investment Decisions?, Journal of Industrial Economics, 54, 6393
2. Forbes, S. J. and Lederman, M. (2010) Does Vertical Integration affect Frim Performance? Evidence from the Airline Industry, RAND Journal of Economics, 41,
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ECON 5127
Fall 2016

Introduction to Industrial Organization

Jian-Da Zhu

3. Hortasu, A. and Syverson, C. (2007) Cementing Relationships: Vertical Integration, Foreclosure, Productivity, and Prices, Journal of Political Economy, 115, 250
301
4. Joskow, P. L. (1987) Contract Duration and Relationship-Specific Investments: Empirical Evidence from Coal Markets, American Economic Review, 77, 168185
5. Mortimer, J. H. (2008) Vertical Contracts in the Video Rental Industry, Review of
Economic Studies, 75, 165199
6. Shepard, A. (1993) Contractual Form, Retail Price, and Asset Characteristics in
Gasoline Retailing, RAND Journal of Economics, 24, 5877

Advertising
1. Agarwal, A., Hosanagar, K. and Smith, M. D. (2011) Location, Location, Location:
An Analysis of Profitability of Position in Online Advertising Markets, Journal of
Marketing Research, 48, 10571073
2. Anderson, M. and Magruder, J. (2012) Learning from the Cloud: Regression Discontinuity Estimates of the Effects of an Online Review Database, Economic Journal, 122, 957989
3. Bertrand, M., Karlan, D., Mullainathan, S., Shafir, E. and Zinman, J. (2010) Whats
Advertising Content Worth? Evidence from a Consumer Credit Marketing Field
Experiment, Quarterly Journal of Economics, 125, 263306
4. da Silveira, B. S. and de Mello, J. M. P. (2011) Campaign Advertising and Election
Outcomes: Quasi-Natural Experiment Evidence from Gubernatorial Elections in
Brazil, Review of Economic Studies, 78, 590612