Research
Curriculum Vitae and Citations:
For press and media coverage of specific papers see Press
Publications:
“A Tale of Two Networks: Common Ownership and Product Market Rivalry” with Bruno Pellegrino, accepted at Review of Economic Studies.
Prizes: (i) Econometric Society 2022 Best Paper Award, (ii) ALEA 2023 Best Paper in Antitrust & Competition Policy, (iii) Washington Center for Equitable Growth Grant
“Anonymous Attention and Abuse” with Paul Goldsmith-Pinkham and Kyle Jensen, AEA Papers & Proceedings, forthcoming.
“Innovation: The Bright Side of Common Ownership?” with Miguel Antón, Mireia Giné, and Martin Schmalz, Management Science, Vol. 71, No. 5, pp. 3713-3733, May 2025. published article
“Common Ownership, Competition, and Top Management Incentives” with Miguel Antón, Mireia Giné, and Martin Schmalz, Journal of Political Economy, Vol. 131, No. 5, pp. 1294-1355, May 2023. published article
Prizes: (i) Jerry S. Cohen Award for Antitrust Scholarship 2023 (ii) SIOE Oliver Williamson Best Conference Paper Award, (iii) IEAF-FEF Prize for Best Research Paper in Financial Economics
“The Great Start-up Sellout and the Rise of Oligopoly” with Bruno Pellegrino, AEA Papers & Proceedings, Vol. 113, pp. 274-278, May 2023. published article
“Mergers and Acquisitions under Common Ownership” with Miguel Antón, Mireia Giné, and Bruno Pellegrino, AEA Papers & Proceedings, Vol. 113, pp. 294-98, May 2023. published article
“Trust and Promises over Time” with Frédéric G. Schneider, American Economic Journal: Microeconomics, Vol. 14, No. 3, pp. 304-320, August 2022. published article
“Killer Acquisitions” with Colleen Cunningham and Song Ma, Journal of Political Economy, Vol. 129, No. 3, pp. 649–702, March 2021 (lead article).
Selected Policy Impact: (i) White House Executive Order on Promoting Competition, (ii) U.S. House Judiciary Committee Report on Competition in Digital Markets, (iii) FTC issues 6(b) orders to examine past acquisitions by large tech companies, (iv) EU Legislation on Killer Acquisitions, (v) Killer acquisitions call for revamp of China's merger-control threshold
Prizes: (i) AdC Competition Policy Award, (ii) Robert F. Lanzillotti Prize 2020, (iii) Mark A. Satterthwaite Award 2018, (iv) WFA 2018 Best Corporate Finance Paper , (v) Academy of Management Sumantra Ghoshal Research and Practice Award, (vi) Jerry S. Cohen Award for Antitrust Scholarship 2021, (vii) ACE Best Paper Award 2022
“Search Fatigue” with Bruce Carlin, Review of Industrial Organization, Vol. 54, No. 3, pp. 485-508, May 2019. published article
“Gaming and Strategic Opacity in Incentive Provision” with Richard Holden and Margaret Meyer, RAND Journal of Economics, Vol. 49, No. 4, pp. 819-854, Winter 2018. published article
“Moral Intuitions of Promise Keeping,” with Alexander Stremitzer, Principia, Special Issue on Heuristics, Ethics and Epistemology of Law, Vol. LXV, pp. 5-33, December 2018. published article
“Promises and Expectations” with Alexander Stremitzer, Games and Economic Behavior, Vol. 106, pp. 161-178, November 2017. published article
“Understanding Mechanisms Underlying Peer Effects: Evidence from a Field Experiment on Financial Decisions” with Leonardo Bursztyn, Bruno Ferman and Noam Yuchtman, Econometrica, Vol. 82, No. 4, pp. 1273-1301, July 2014. published article
Prizes: Finalist for the Exeter Prize for Behavioral Economics 2015
“Delay and Deadlines: Freeriding and Information Revelation in Partnerships” with Arthur Campbell and Johannes Spinnewijn, American Economic Journal: Microeconomics, Vol. 6, No. 2, pp. 163-204, May 2014. published article
“Is Pay-for-Performance Detrimental to Innovation?” with Gustavo Manso, Management Science, Vol. 59, No. 7, pp. 1496-1513, July 2013. published version
Downloads: (i) z-Tree Treatments, (ii) Instructions, (iii) Web Code Version
Prizes: Winner 2018 INFORMS TIME Best Paper Award
“Feedback and Motivation in Dynamic Tournaments,” Journal of Economics and Management Strategy, Vol. 19, No. 3, pp. 733-769, Fall 2010. published article
“Interpersonal Comparison, Status and Ambition in Organizations,” with Andrea Patacconi, Journal of Economic Behavior and Organization, Vol. 75, No. 2, pp. 348-363, August 2010.
Working Papers:
“Anonymity and Identity Online” with Paul Goldsmith-Pinkham and Kyle Jensen, Revise & Resubmit: Review of Economic Studies.
Video Explainers: (i) EJMR Username Prediction, (ii) EJMR IP Determination, (iii) EJMR IP Statistics
Presentation: NBER Summer Institute 2023 Video
Other: Response to Rauh & Kearney
“Common Ownership around the World” with Miguel Antón, Mireia Giné, and Guillermo Ramirez-Chiang
“Common Ownership and Relative Performance Evaluation” with Miguel Antón, Mireia Giné, and Martin Schmalz
“Incentives for Parallel Innovation”, Revise & Resubmit: Journal of Law, Economics, and Organization.
“Bayesian Persuasion with Lie Detection” with Weicheng Min
“Deception and Incentives: How Dishonesty Undermines Effort Provision” with Ernst Fehr, Revise & Resubmit: Management Science.
“Mechanisms of Common Ownership” with Weicheng Min and Regina Seibel
Books and Book Chapters:
“Incentives for Innovation: Bankruptcy, Corporate Governance, and Compensation Systems,” with Gustavo Manso, Handbook of Law, Innovation, and Growth, Edward Elgar Publishing, March 2011
“Solutions Manual to Accompany Contract Theory” with Arthur Campbell, Moshe Cohen, and Johannes Spinnewijn, MIT Press, September 30, 2007.
Cases:
“Prodigy Finance,” with Vero Bourg-Meyer, Javier Gimeno, and Jaan Elias, Global Network Case 102-17, April 2018.
Other Work:
“Comment on the Role of Killer Acquisitions in Merger Guidelines,” with Zaakir Tameez, Revisions to the DOJ-FTC Merger Guidelines, April 2022.
Recent Paper Discussions:
“Interlocking Directorates, Competition, and Innovation” by Roma Poberejsky, Harvard-Oxford Conference on Common Ownership.
“Data and Markups” by Jan Eeckhout and Laura Veldkamp, Non-Market Effects of Market Power Conference.
“Sharing Models to Interpret Data” by Josh Schwartzstein and Adi Sunderam, Utah Winter Organizational and Political Economics Conference.
“Pricing with Algorithms” by Rohit Lamba and Sergey Zhuk, NYU IO Day.
“Shelving or Developing?” by Chiara Fumagalli, Massimo Motta, and Emanuele Tarantino, Northwestern Antitrust Conference.
“Product Differentiation and Oligopoly: a Network Approach” by Bruno Pellegrino, Texas Finance Festival.
“Cost Coordination” by Joseph Harrington, IIOC.
“Common Ownership and Competition in the Ready-To-Eat Cereal Industry” by Matt Backus, Chris Conlon, and Michael Sinkinson, NBER Industrial Organization.
“Competition and Innovation: The Breakup of IG Farben” by Felix Poege, EPFL Virtual Innovation Seminar.
“Optimal Merger Standards for Potential Competition” by Abraham Wickelgren, IIOC.
“Who creates new firms when local opportunities arise?” by Shai Bernstein, Emanuele Colonnelli, Davide Malacrino, and Tim McQuade, Red Rock Finance Conference.
Old “Humor”:
“Is this your Final(s) Answer?” with Martin Oehmke, FREVD'S Working Paper Series, December 10, 2002.
