Although many theoretical industrial organization models are based on the existence of a critical mass of exogenously “brand loyal” consumers, we find little empirical evidence supporting these assumptions in the orange juice retail market. There are very few loyal consumers. More importantly,...

These lecture notes provide an introduction to auctions. They can be covered in two or three lectures. This material is appropriate for the last part of a first-year graduate industrial organization course or as an introduction to an auctions course.

Could households be both more vulnerable and more resilient to shocks depending on the type of shock experienced and the overall circumstances in which they live? If so, what policy implications can be drawn from such findings? We investigate both the immediate effects of shocks on household's...

This paper investigates whether information costs under currently regulated nutritional labeling prevent consumers from making healthier food choices. We implement five nutritional shelf label treatmentsin a market-level experiment. These labels reduce information costs by highlighting and...