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*This page is in the [[BPP]] category[[Category:BPP]]
<big>'''Incentives and Organizations in Markets'''</big>
PHDBA 279B - Incentives and Organizations in Markets is a class offered to doctoral students at UC Berkeley, and is a field requirement for PhDs in BPP at the Haas School of Business. This page details the course as it was taught by John Morgan and Steve Tadelis in the Spring of 2010. The [http://faculty.haas.berkeley.edu/rjmorgan/phdba279b/ course webpage] provides the official requirements. The evaluation of the course is based on class participation and the presentation of two papers (50%) and one course paper (50%). The course paper must "use theory in a significant way", and should be of a quality such that with additional work and polishing it could be publishable. Specifically, students are expected to write down a model and work out at least one interesting result. Either numerical examples or special cases that could be generalized are acceptable.
==1st Half==
===Paper List===
The paper list by class number is as follows(the first paper listed is invariably the key paper):
0.) '''The two principles: Revelation and Revenue Equivalence'''
Main ideas: The revelation principle forms the cornerstone for the theory of contracts and incentives in organizations. This topic reviews the revelation principle, the principal families of contract theory models, and the mechanism design paradigm.
*Chapters 8.E and 13 of Microeconomic Theory by Andreu Mas-Colell, Michael Whinston, and Jerry Green. Oxford University Press, 1995.
1.) '''Search'''
Main idea: This topic surveys a variety of consumer search models. The two principles play an important role in generalizing some of the findings. These models are cornerstones for modeling price competition.
*[[Baye Morgan Scholten (2006 ) - Information Search and Price Dispersion | Baye, Michael R., John Morgan, and Patrick Scholten (2006)]], "Information, Search, and Price Dispersion,"]] Handbook of Economics and Information Systems (T. Hendershott, ed.), Elsevier Press, Amsterdam. [http://faculty.haas.berkeley.edu/rjmorgan/Information%20Search%20and%20Price%20Dispersion.pdf link] [http://www.edegan.com/pdfs/Baye%20Morgan%20Scholten%20(2006)%20-%20Information%20Search%20and%20Price%20Dispersion.pdf pdf]
*Baye, Michael R., John Morgan, and Patrick Scholten (2004), "Price Dispersion in the Large and in the Small: Evidence from an Internet Price Comparison Site", Journal of Industrial Economics, December, 52(4): 463-96. [http://faculty.haas.berkeley.edu/rjmorgan/Small&Large.pdf link] [http://www.edegan.com/pdfs/Baye%20Morgan%20Scholten%20(2004)%20-%20Price%20Dispersion%20in%20the%20Large%20and%20in%20the%20Small.pdf pdf]
2.) '''Contests'''
Main idea: This topic surveys the contest/all-pay auction literature. Again, the two principles prove extremely useful. This literature is the cornerstone for modeling political competition, patent and R&D races, and so on.
*Nitzan, Shmuel (1994), "Modeling Rent Seeking Contests", European Journal of Political Economy, Elsevier, vol. 10(1), pages 41-60, May. [http://www.sciencedirect.com/science/article/B6V97-46383PF-6/2/10b70895e020e1f895293f949e951dbd link] [http://www.edegan.com/pdfs/Nitzan%20(1994)%20-%20Modeling%20Rent%20Seeking%20Contests.pdf pdf]
*Bulow, Jeremy and Paul Klemperer (1999), "The Generalized War of Attrition", The American Economic Review, Vol. 89, No. 1. (Mar.), pp. 175-189. [http://links.jstor.org/sici?sici=0002-8282%28199903%2989%3A1%3C175%3ATGWOA%3E2.0.CO%3B2-Z link] [http://www.edegan.com/pdfs/Bulow%20Klemperer%20(1999)%20-%20The%20Generalized%20War%20of%20Attrition.pdf pdf]
*Brown, Jennifer (2007), "Quitters Never Win: The (Adverse) Incentive Effects of Competing with Superstars", UC Berkeley Working Paper [http://www.kellogg.northwestern.edu/faculty/brown_j/htm/Brown%20-%20Competing%20with%20Superstars.pdf link] [http://www.edegan.com/pdfs/Brown%20(2007)%20-%20Quitters%20Never%20Win.pdf pdf]
Note that in subsequent years Nitzan (1994) will be replaced with:
*[[Konrad (2007) - Strategy In Contests-An Introduction |Konrad, Kai A. (2007)]], "Strategy in Contests-An Introduction", WZB-Markets and Politics Working Paper No. SP II 2007-01, [http://papers.ssrn.com/sol3/papers.cfm?abstract_id=960458 link] [http://www.edegan.com/pdfs/Konrad%20(2007)%20-%20Strategy%20in%20Contests-An%20Introduction.pdf pdf]
3.) '''Platform Competition'''
Main idea: This topic highlights the emerging literarture on platform competition and two-sided markets. The revenue equivalence principle sees a little sue here as well. These are the leading modeling approaches for markets that are increasingly prominent.
*[[Ellison Fudenberg Mobius (2004) - Competing Auctions |Ellison, Glenn, Fudenberg, Drew, and Möbius, Markus (2004)]], "Competing Auctions", Journal of the European Economic Association, Mar, Vol. 2 Issue 1, p30-66 [http://www.mitpressjournals.org/doi/abs/10.1162/154247604323015472 link] [http://www.edegan.com/pdfs/Ellison%20Fudenberg%20Mobius%20(2004)%20-%20Competing%20Auctions.pdf pdf]*[[Caillaud Jullien (2003) - Chicken And Egg |Caillaud, Bernard and Bruno Jullien (2003) ]], "Chicken & Egg: Competition among Intermediation Service Providers", The RAND Journal of Economics, Vol. 34, No. 2. (Summer), pp. 309-328. [http://links.jstor.org/sici?sici=0741-6261%28200322%2934%3A2%3C309%3AC%26ECAI%3E2.0.CO%3B2-F link] [http://www.edegan.com/pdfs/Caillaud%20Jullien%20(2003)%20-%20Chicken%20and%20Egg.pdf pdf]
*Brown, Jennifer and John Morgan (2009), "How much is a Dollar Worth? Tipping versus Equilibrium Coexistence on Competing Online Auction Sites", Journal of Political Economy, Vol. 117, No. 4, pp. 668-700. [http://faculty.haas.berkeley.edu/rjmorgan/How%20Much%20is%20a%20Dollar%20Worth.pdf link] [http://www.edegan.com/pdfs/Brown%20Morgan%20(2009)%20-%20How%20much%20is%20a%20Dollar%20Worth.pdf pdf]
4.) '''Cheap talk'''
Main idea: This topic covers information flows in organizations by examining an archetypal class of signaling games in business and public policy---corporate lobbying as cheap talk.
*[[Grossman Helpman (2001) - Special Interest Politics Chapters 4 And 5 |Grossman, Gene and Elhanan Helpman (2001)]], "Special Interest Politics", Chapters 4 and 5, MIT Press[http://www.edegan.com/pdfs/Grossman%20Helpman%20(2001)%20-%20Special%20Interest%20Politics%20Chapters%204%20And%205.pdf pdf]
5.) '''Contracting under imperfect commitment'''
Main idea: This topic ties together the two principles with the previous unit on cheap talk signaling. The role of delegation in organizations is stressed.
*[[Dessein (2002) - Authority And Communication In Organizations |Dessein, Wouter (2002)]], "Authority and Communication in Organizations", The Review of Economic Studies, Vol. 69, No. 4. (Oct.), pp. 811-838. [http://links.jstor.org/sici?sici=0034-6527%28200210%2969%3A4%3C811%3AAACIO%3E2.0.CO%3B2-E link] [http://www.edegan.com/pdfs/Dessein%20(2002)%20-%20Authority%20and%20Communication%20in%20Organizations.pdf pdf]*[[Krishna Morgan (2008) - Contracting For Information Under Imperfect Commitment |Krishna, Vijay and John Morgan (2008)]], "Contracting for information under imperfect commitment", RAND Journal of Economics, Winter, Vol. 39, No. 4, pp. 905-925. [http://faculty.haas.berkeley.edu/rjmorgan/Contracts.pdf link] [http://www.edegan.com/pdfs/Krishna%20Morgan%20(2008)%20-%20Contracting%20for%20information%20under%20imperfect%20commitment.pdf pdf]
6.) '''Incomplete Contracts'''
Main idea: To tie together the classic incomplete contracting works with mechanism design.
*[[Hart Moore (1988) - Incomplete Contracts And Renegotiation |Hart, Oliver and John Moore (1988)]], "Incomplete Contracts and Renegotiation", Econometrica, Vol. 56, No. 4. (Jul.), pp. 755-785. [http://links.jstor.org/sici?sici=0012-9682%28198807%2956%3A4%3C755%3AICAR%3E2.0.CO%3B2-I link] [http://www.edegan.com/pdfs/Hart%20Moore%20(1988)%20-%20Incomplete%20Contracts%20and%20Renegotiation.pdf pdf]*[[Aghion Dewatripont Rey (1994) - Renegotiation Design With Unverifiable Information |Aghion, Philippe, Mathias Dewatripont, and Patrick Rey (1994)]], "Renegotiation Design with Unverifiable Information", Econometrica, Vol. 62, No. 2. (Mar.), pp. 257-282. [http://links.jstor.org/sici?sici=0012-9682%28199403%2962%3A2%3C257%3ARDWUI%3E2.0.CO%3B2-G link] [http://www.edegan.com/pdfs/Aghion%20Dewatripont%20Rey%20(1994)%20-%20Renegotiation%20Design%20with%20Unverifiable%20Information.pdf pdf] ===Class Notes=== The following class notes are available from previous years:*[http://www.edegan.com/repository/PHDBA279B-Notes1-Introduction.pdf Introduction]*[http://www.edegan.com/repository/PHDBA279B-Notes2-Auctions.pdf Auctions]*[http://www.edegan.com/repository/PHDBA279B-Notes3-AdverseSelection.pdf Adverse Selection]*[http://www.edegan.com/repository/PHDBA279B-Notes4-Contests.pdf Contests]*[http://www.edegan.com/repository/PHDBA279B-Notes5-CostlessSignaling.pdf Costless Signalling] ==2nd Half==The second half was taught by Steve Tadelis ([mailto:stadelis@haas.berkeley.edu email] and [http://www2.haas.berkeley.edu/Faculty/tadelis_steven.aspx website]). The following lecture notes may be of use:*Tadelis, Steve (2007), "Topics in Contracts and Organizations: Lecture Notes", UC Berkeley, September [http://www.edegan.com/repository/Tadelis%20(2007)%20-%20Topics%20in%20Contracts%20and%20Organizations%20Lecture%20Notes.pdf pdf] [http://www.edegan.com/repository/Tadelis%20(2007)%20-%20Topics%20in%20Contracts%20and%20Organizations%20Lecture%20Notes.tex tex]*Tadelis, Steve and Ilya Segal (2005), "Lectures in Contract Theory", UC Berkeley and Stanford University, December [http://www.edegan.com/repository/Tadelis%20Segal%20(2005)%20-%20Lectures%20in%20Contract%20Theory.pdf pdf] ===Paper List===The paper list by class number and sub-section is as follows, with '''required readings in bold''': ====Sub-Section I.) Reputational Incentives==== Class 1.) '''Career Concerns and "Signal Jamming" Models''' (3/16/10)*Fama, E.F. (1980), "Agency Problems and the Theory of the Firm," Journal of Political Economy, 88(2): 288 307 (Supplemental Reading) [http://www.edegan.com/pdfs/Fama%20(1980)%20-%20Agency%20Problems%20and%20the%20Theory%20of%20the%20Firm.pdf pdf]*[[Holmstrom (1999) - Managerial Incentive Problems |'''Holmstrom B., (1999)''']], "Managerial Incentive Problems: A Dynamic Perspective," Review of Economic Studies, 66(1): 169-182 [http://www.edegan.com/pdfs/Holmstrom%20(1999)%20-%20Managerial%20Incentive%20Problems.pdf pdf]*Holmstrom B. and J. Ricart i Costa (1985), "Managerial Incentives and Capital Management," Quarterly Journal of Economics, 101(4): 835 860 (Supplemental Reading) [http://www.edegan.com/pdfs/Holmstrom%20Costa%20(1985)%20-%20Managerial%20Incentives%20and%20Capital%20Management.pdf pdf]*[[Gibbons Murphy (1992) - Optimal Incentive Contracts In The Presence Of Career Concerns |'''Gibbons, R. and K.J. Murphy (1992)''']], "Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence," Journal of Political Economy, 100(3): 468 505. [http://www.edegan.com/pdfs/Gibbons%20Murphy%20(1992)%20-%20Optimal%20Incentive%20Contracts%20in%20the%20Presence%20of%20Career%20Concerns.pdf pdf]*Dewatripont, M., I. Jewitt and J. Tirole (1999) "The Economics of Career Concerns, Part I: Comparing Information Systems," Review of Economic Studies, 66(1): 183-198 (Supplemental Reading) [http://www.edegan.com/pdfs/Dewatripont%20Jewitt%20Tirole%20(1999)%20-%20The%20Economics%20of%20Career%20Concerns%20Part%20I.pdf pdf]*Dewatripont, M., I. Jewitt and J. Tirole (1999) "The Economics of Career Concerns, Part II: Applications to Missions and Accountability of Government Agencies," Review of Economic Studies, 66(1): 199-217 (Supplemental Reading) [http://www.edegan.com/pdfs/Dewatripont%20Jewitt%20Tirole%20(1999)%20-%20The%20Economics%20of%20Career%20Concerns%20Part%20II.pdf pdf]*Prendergast, C. and L. Stole (1996) "Impetuous Youngsters and Jaded Old-timers: Acquiring a Reputation for Learning," Journal of Political Economy, 104: 1105-1134 (Supplemental Reading) [http://www.edegan.com/pdfs/Prendergast%20Stole%20(1996)%20-%20Impetuous%20Youngsters%20and%20Jaded%20Old%20timers.pdf pdf]*Meyer, M., and J. Vickers (1997) "Performance Comparisons and Dynamic Incentives," Journal of Political Economy, 105(3): 547-581 (Supplemental Reading) [http://www.edegan.com/pdfs/Meyer%20Vickers%20(1997)%20-%20Performance%20Comparisons%20and%20Dynamic%20Incentives.pdf pdf] Class 2.) '''Signaling Models of Reputation''' (4/6/10)*Kreps, D., P. Milgrom, J. Roberts and R. Wilson (1982) "Rational Cooperation in the Finitely Repeated Prisoners' Dilemma," Journal of Economic Theory, 27(2): 245 252 (Supplemental Reading) [http://www.edegan.com/pdfs/Kreps%20Milgrom%20Roberts%20Wilson%20(1982)%20-%20Rational%20Cooperation%20in%20the%20Finitely%20Repeated%20Prisoners%20Dilemma.pdf pdf]*[[Diamond (1989) - Reputation Acquisition In Debt Markets |'''Diamond, D. (1989)''']], "Reputation Acquisition in Debt Markets," Journal of Political Economy, 97(4): 828 862 [http://www.edegan.com/pdfs/Diamond%20(1989)%20-%20Reputation%20Acquisition%20in%20Debt%20Markets.pdf pdf]*Horner, J. (2002) "Reputation and Competition," American Economic Review 92(3):644-663 (Supplemental Reading) [http://www.edegan.com/pdfs/Horner%20(2002)%20-%20Reputation%20and%20Competition.pdf pdf] Class 3.) '''Reputation as a Tradeable Asset and Incentive Provision''' (4/13/10)*[[Kreps (1990) - Corporate Culture And Economic Theory |'''Kreps, D. (1990)''']], "Corporate Culture and Economic Theory," in J. Alt and K. Shepsle, Eds. Perspectives on Positive Political Economy, Cambridge University Press (Book excerpts available through [http://books.google.com/books?hl=en&lr=&id=JBrDXvye-1UC&oi=fnd&pg=PA221&dq=Kreps,+D.++%22Corporate+Culture+and+Economic+Theory&ots=d4JUQusjjf&sig=7RVgXjAlocVC8FDJd2Ke1MsbjxY Google Books])*Tadelis, S. (1999) "What’s in a Name? Reputation as a Tradeable Asset," American Economic Review, 89(3): 548 63 (Supplemental Reading) [http://www.edegan.com/pdfs/Tadelis%20(1999)%20-%20Whats%20in%20a%20Name%20Reputation%20as%20a%20Tradeable%20Asset.pdf pdf]*[[Tadelis (2001) - The Market For Reputations As An Incentive Mechanism |'''Tadelis, S. (2001)''']], "The Market for Reputations as an Incentive Mechanism," Journal of Political Economy 110(4):854-882 [http://www.edegan.com/pdfs/Tadelis%20(2001)%20-%20The%20Market%20for%20Reputations%20as%20an%20Incentive%20Mechanism.pdf pdf]*Mailath, G., and L. Samuelson (2001), "Who Wants a Good Reputation?" Review of Economic Studies, April (reprinted with typo corrections in July) (Supplemental Reading) [http://www.edegan.com/pdfs/Mailath%20Samuelson%20(2001)%20-%20Who%20Wants%20a%20Good%20Reputation.pdf pdf] ====Sub Section II.) Empirical Tests of Reputational Incentive Models ==== Class 4.) '''Reputational Incentives''' (4/20/10)*[[Jin Leslie (2009) - Reputational Incentives For Restaurant Hygiene |'''Jin, G. and P. Leslie (2009)''']], "Reputational Incentives for Restaurant Hygiene", American Economic Journal: Microeconomics, 1(1): 237-67 (Supplemental Reading) [http://www.edegan.com/pdfs/Jin%20Leslie%20(2009)%20-%20Reputational%20Incentives%20for%20Restaurant%20Hygiene.pdf pdf]*[[Cabral Hortacsu (2008) - Dynamics Of Seller Reputation |'''Cabral, Luis and Ali Hortacsu (2008)''']], "Dynamics of Seller Reputation: Theory and Evidence from eBay" forthcoming, Journal of Industrial Economics [http://www.edegan.com/pdfs/Cabral%20Hortacsu%20(2008)%20-%20Dynamics%20of%20Seller%20Reputation.pdf pdf] Class 5.) '''Reputational Incentives cont.''' (4/27/10)*[[Mcdevitt (2010) - Names And Reputations An Empirical Analysis |'''McDevitt, Ryan (2010)''']], "Names and Reputations: An Empirical Analysis," mimeo, northwestern university [http://www.edegan.com/pdfs/McDevitt%20(2010)%20-%20Names%20and%20Reputations%20An%20Empirical%20Analysis.pdf pdf]*[[Mcdevitt (2010) - A Business By Any Other Name Firm Name Choice As A Signal Of Firm Quality |'''McDevitt, Ryan (2010)''']], "A Business by Any Other Name: Firm Name Choice as a Signal of Firm Quality.," mimeo, northwestern university [http://www.edegan.com/pdfs/McDevitt%20(2010)%20-%20A%20Business%20by%20Any%20Other%20Name%20Firm%20Name%20Choice%20as%20a%20Signal%20of%20Firm%20Quality.pdf pdf]*Hubbard, Thomas (2002) "How Do Consumers Motivate Experts? Reputational Incentives in an Auto Repair Market," Journal of Law and Economics, October 2002, 437-468. (Supplemental Reading) [http://www.edegan.com/pdfs/Hubbard%20(2002)%20-%20How%20Do%20Consumers%20Motivate%20Experts.pdf pdf]*Resnick, Paul, Richard Zeckhauser, John Swanson, and Kate Lockwood (2006) "The Value of Reputation on eBay: A Controlled Experiment," Experimental Economics, Volume 9, Number 2 (Supplemental Reading) [http://www.edegan.com/pdfs/Resnick%20Zeckhauser%20Swanson%20Lockwood%20(2006)%20-%20The%20Value%20of%20Reputation%20on%20eBay.pdf pdf] ====Sub Section III.) Models of Procurement and Organization ==== Class 6.) '''Procurement Theory''' (5/4/10)*[[Levin Tadelis (2008) - Contracting For Government Services |'''Levin, Jonathan and Steven Tadelis (2008)''']], "Contracting for Government Services: Theory and Evidence from U.S. Cities," forthcoming, Journal of Industrial Economics. [http://www.edegan.com/pdfs/Levin%20Tadelis%20(2008)%20-%20Contracting%20for%20Government%20Services.pdf pdf] [http://www.edegan.com/repository/Levin%20Tadelis%20(2008)%20-%20Contracting%20for%20Government%20Services%20Class%20Slides.pdf Class Slides]*[[Williamson (1971) - The Vertical Integration Of Production |'''Williamson, Oliver E. (1971)''']], "The Vertical Integration of Production: Market Failure Considerations," American Economic Review, 61:112-23. [http://www.edegan.com/pdfs/Williamson%20(1971)%20-%20The%20Vertical%20Integration%20of%20Production.pdf pdf]*[[Goldberg (1977) - Competitive Bidding And The Production Of Precontract Information |'''Goldberg, Victor P. (1977)''']], "Competitive Bidding and the Production of Precontract Information," Bell Journal of Economics, 8:250-261 [http://www.edegan.com/pdfs/Goldberg%20(1977)%20-%20Competitive%20Bidding%20and%20the%20Production%20of%20Precontract%20Information.pdf pdf]*Holmstrom, Bengt and Paul Milgrom (1991) "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership and Job Design". Journal of Law, Economics and Organization 7:24-52. (Supplemental Reading) [http://www.edegan.com/pdfs/Holmstrom%20Milgrom%20(1991)%20-%20Multitask%20Principal%20Agent%20Analyses.pdf pdf]*McAfee, Preston and McMillan, John (1986) "Bidding for Contracts: a Principal-Agent Analysis," RAND Journal of Economics 17(3):326-338. (Supplemental Reading) [http://www.edegan.com/pdfs/McAfee%20McMillan%20(1986)%20-%20Bidding%20for%20Contracts.pdf pdf]*Bulow, Jeremy and Paul Klemperer (2006) "Auctions vs. Negotiations," American Economic Review 86:180-94.(Supplemental Reading) [http://www.edegan.com/pdfs/Bulow%20Klemperer%20(2006)%20-%20Auctions%20vs%20Negotiations.pdf pdf]*Hart, Oliver, (1995) "Firms, Contracts and Financial Structure", Oxford, Oxford University Press, 1995. (Supplemental Reading) (Book excerpts available through [http://books.google.com/books?hl=en&lr=&id=kTFaQQHGASMC&oi=fnd&pg=PA1&dq=Hart,+Oliver,++%22Firms,+Contracts+and+Financial+Structure&ots=2BJqTXGC1b&sig=HNZ6DUB0CrI2s80-XHqu2OcJ9Wg Google Books])*Hart, Oliver, Shleifer, Andrei and Vishny, Robert (1997) "The Proper Scope of Government: Theory and an Application to Prisons," Quarterly Journal of Economics, 112(4):1127-61 (Supplemental Reading) [http://www.edegan.com/pdfs/Hart%20Shleifer%20Vishny%20(1997)%20-%20The%20Proper%20Scope%20of%20Government.pdf pdf]*Bajari, Patrick and Steven Tadelis (2001) "Incentives Versus Transaction Costs: A Theory of Procurement Contracts." RAND Journal of Economics 32:387-407. (Supplemental Reading) [http://www.edegan.com/pdfs/Bajari%20Tadelis%20(2001)%20-%20Incentives%20Versus%20Transaction%20Costs.pdf pdf] Readers may also be interested in (added by Ed): *Kirkegaard, René (2006), "A short proof of the Bulow-Klemperer auctions vs. negotiations result", Economic Theory; June, Vol. 28 Issue 2, p449-452. [http://www.edegan.com/pdfs/Kirkegaard%20(2006)%20-%20A%20short%20proof%20of%20the%20Bulow%20Klemperer%20auctions%20vs%20negotiations%20result.pdf pdf] ====Sub-Section IV.) Procurement and Organization: Empirical Applications ==== Class 7.) '''Empirics on Procurement''' (5/6/10 Thursday or 5/11/10 Tuesday)*[[Banerjee Duflo (2000) - Reputation Effects And The Limits Of Contracting |'''Banerjee, A. and Duflo E. (2000)''']], "Reputation Effects and the Limits of Contracting: A Study of the Indian Software Industry," Quarterly Journal of Economics, 115:989-1018. [http://www.edegan.com/pdfs/Banerjee%20Duflo%20(2000)%20-%20Reputation%20Effects%20and%20the%20Limits%20of%20Contracting.pdf pdf]*[[Forbes Lederman (2009) - Adaptation And Vertical Integration In The Airline Industry |'''Forbes, Silke J. and Mara Lederman, (2009)''']], "Adaptation and Vertical Integration in the Airline Industry," American Economic Review, forthcoming. [http://www.edegan.com/pdfs/Forbes%20Lederman%20(2009)%20-%20Adaptation%20and%20Vertical%20Integration%20in%20the%20Airline%20Industry.pdf pdf]*Forbes, Silke J. and Mara Lederman, (2010) "The Performance Implications of Vertical Integration: Evidence from the Airline Industry," mimeo. (Supplemental Reading) [http://www.edegan.com/pdfs/Forbes%20Lederman%20(2010)%20-%20The%20Performance%20Implications%20of%20Vertical%20Integration.pdf pdf]*Bajari, Patrick, Stephanie Houghton and Steven Tadelis (2010) "Bidding for Incomplete Contracts: An Empirical Analysis," mimeo (Supplemental Reading) [http://www.edegan.com/pdfs/Bajari%20Houghton%20Tadelis%20(2010)%20-%20Bidding%20for%20Incomplete%20Contracts.pdf pdf]*Corts, Kenneth and Jasjit Singh (2004) "The Effect of Repeated Interaction on Contract Choice: Evidence from Offshore Drilling," Journal of Law, Economics and Organizations 20:230-260. (Supplemental Reading) [http://www.edegan.com/pdfs/Corts%20Singh%20(2004)%20-%20The%20Effect%20of%20Repeated%20Interaction%20on%20Contract%20Choice.pdf pdf]*Bajari, Patrick, Robert McMillan and Steven Tadelis (2009) "Auctions versus Negotiations in Procurement: An Empirical Analysis," Journal of Law, Economics and Organization 25:372-399 (Supplemental Reading) [http://www.edegan.com/pdfs/Bajari%20McMillan%20Tadelis%20(2009)%20-%20Auctions%20versus%20Negotiations%20in%20Procurement.pdf pdf]
