We experimentally test the qualitatively different equilibrium predictions of two theoretical models of attack and defense of a weakest-link network of targets. In such a network, the attacker’s objective is to assault at least one target successfully and the defender’s objective is to...

In essay one, we examine nonlocalized competition in interest taxation between an arbitrary number of countries. Our focus is on the role of relative number of locked-in investors in asymmetric tax competition. We find that in equilibrium, small countries have advantages in tax competition. In...

This dissertation examines common value auctions in which bidder default is allowed. Contractual default on the part of bidders is commonly observed in many auction settings and yet has remained virtually unexplored in the literature. We develop a two bidder model of a common value auction with...

In Part I we develop a model of entry in which an entrant with private information about its production cost and cost of entry has an opportunity to trade in the stock of a single incumbent before entry. We assume an efficient stock market populated by risk-neutral liquidity sellers who randomly...

The purpose of this dissertation is to analyze tacit collusion in infinitely repeated price-setting games with capacity constrained firms. The dissertation is comprised of three related essays. The first essay contributes to the literature on optimal penal codes in Bertrand-Edgeworth duopoly...

Below are summaries for three essays that share a common theme: each studies a market characteristic that affects price and consumer welfare. The first essay uses experimental methods to test collusive predictions derived in the price-matching literature. Laboratory data demonstrate that...

This dissertation presents an attempt to integrate state-contingent labor and loan contracts in explaining the effects of firm's financial decisions on its employment level and analyzing the fluctuations of employment over the business cycle. As such we propose a model by incorporating...

The provision of outsourcing services creates relationships between knowledge vested with the supplier and the viability of outsourcing arrangements. Knowledge accumulation by the outsourcee can reach a level where it poses a market entry or takeover risk to the outsourcer. Knowledge translates...

Kovenock and Roberson’s (2010) paper has the potential to advance the research frontier, but has deficiencies. This paper suggests how Kovenock and Roberson’s (2010) paper can be developed into a more substantial paper. Kovenock and Roberson’s (2010) paper consists of three sections. The...

Kovenock and Roberson’s (2012ab) replication of Hausken’s (2008a) equations and parameter restrictions do not enhance our insight into the defense and attack of reliability systems. This reply intends to fill the remaining understanding gaps.