The successful formation and long-term stability of a cooperative venture is often linked to the perceived fairness of the associated cost or resource allocation. In particular, the effectiveness of such collaborations can be hampered by the lack of a consensus view on what basis should be used...

This paper incorporates inventory dynamics into an analysis of market power. A Cournot duopoly model of competition is presented in which firms account for the effects of current choices on their competitors’ current actions on future actions (both their own and their competitors’). We show...

Using data on academic economists in the years 1973, 1977, 1982, and 1987, the authors investigate gender differences in placement and their consequences for departmental productivity. The initial analysis shows that in the years studied, the departments that were highest-ranked on a measure of...