Airbnb, a prominent sharing-economy platform, offers dwellings for short-term rent. Despite restrictions, some sellers illegally offer their accommodations, taking advantage of a degree of anonymity proffered by the platform to hide from potential enforcement. We study the extent to which...

We examine hospital Electronic Medical Record (EMR) vendor adoption patterns and how they relate to hospital market structure. As in many network technology adoption decisions, hospitals face countervailing incentives to coordinate or differentiate in their choice of vendors. We find evidence of...

Based on a game theoretical model I previously developed, I present some evidence of the effect of the unlocked-handset policy recently implemented in Peru based on market analysis and reduced form empirical methods using consumer panel data. Average prices declined since mid 2014, and the...

Government infrastructure investment in mixed markets may crowd out investment from private firms, or it may induce them to invest preemptively. The tension between these effects underlies the policy debate over whether to allow municipal provision of internet access. The goal of this paper is...

We explore how people balance their needs to belong and to be different from their friends by studying their choices of a virtual-house wall color on a leading Chinese social-networking site. The setting enables us to randomize both the popular color and the adoption rate at the individual level...

Sharing economy reshapes the distribution of unused or underutilized asset through digital platforms to individuals who are willing to pay for the services. The new economy model has introduced dramatic impact on the traditional industries by matching the demand and supply in real time. In this...

We develop and estimate a structural model of strategic network formation to study the determinants of firms collaborations for patenting new technology in the medical device industry. Our aim is to bridge the strategy literature on interorganizational networks and the economic literature on...

We consider a ride-hailing platform that provides free information to taxi drivers. Upon receiving a rider's request, the platform broadcasts the rider's origin and destination to idle drivers, who accept or ignore the request depending on the profitability considerations. We show that providing...

This paper examines the relationship between agency contracts and retail prices when vertical contracts are determined through bargaining. Our model shows that whether agency contracts lead to higher or lower retail prices than traditional wholesale contracts depends on the distribution of...

The digitization of content has led to the emergence of platforms that draw information from multiple sources. Policymakers are concerned that these new platforms threaten incentives for the production of original content. As a result, policymakers are contemplating regulations that would force...