Firm scope benefits consumers by allowing them to purchase multiple goods at once. This
paper quantifies the consumer benefit of one-stop shopping and returns to firms as a result …

Product availability impacts many industries such as transportation, events, and retail, yet
little empirical evidence documents the importance of stocking decisions for firm profits …

We show that most US food, drugstore, and mass-merchandise chains charge nearly
uniform prices across stores, despite wide variation in consumer demographics and …

A key finding in the literature is that the greater the pass-through of an input cost shock or tax
to product prices, the larger the welfare loss to consumers. We show that the relationship …

This paper addresses the questions whether and when the pricing practices on base
products may differ from those of premium products, sold with options or add‐ons. Various …

We estimate the demand for new automobiles in Turkey immediately following its entry to
Custom Union with the European Union in 1996. We use quarterly data on price, quantity …

We characterize the evolution of markups for consumer products in the United States from
2006 to 2019. We use detailed data on prices and quantities for products in more than 100 …

Competing standards often proliferate in the early years of product markets, potentially
leading to socially inefficient investment. This paper studies the effect of compatibility in the …

This paper uses a unique dataset of monthly new vehicle sales by detailed model from 1978
to 2007, and implements a new identification strategy to estimate the effect of the price of …

When should policies to encourage new types of products use supply-side tools, like
regulations and mandates, and when should they use demand-side tools like consumer …