This paper estimates a model of retail oligopoly where consumers choose between stores using consumer data which specifies the firm operating the chosen store and not the specific store (as is convenient practice for retail surveys). The location and other characteristics of the stores are...

This paper evaluates alternative strategic models of competition and market structure in online retailing, and makes comparisons with traditional retailing. Online consumers are less concerned than traditional consumers about spatial characteristics and more concerned about hidden quality...

Constitutional dimensions of the Durbin Amendment. Richard A. Epstein (NYU School of Law)

It is not easy to come up with a powerful efficiency explanation for the use of contingent commission agreements, but if these agreements continue to be adopted with full disclosure in the absence of collusion, then it seems premature to ban them just because our incomplete knowledge of how...