We analyzed the market for indivisible, pure status goods. Firms produce and sell different brands of pure status goods … brands. Under constant tax rates, a monopoly sells different brands to social classes of equal measure, while in contestable …, while a monopoly faces an adequate flat tax rate to all brands. In contrast with extant literature, subsidies may be …

We show how increased competition in a media market may have implications for the competition between firms that are … advertising in that medium. We apply a simple model of a product market with network externalities where firms buy advertising … advertising affects the demand for the advertised products …

competition "either or both." A central result is that platform ownership does not affect advertising levels, despite nontrivial …This paper develops a fairly general model of platform competition in media markets allowing viewers to use multiple … platforms. This leads to a new form of competition between platforms, in which they do not steal viewers from each other, but …

We study the interaction of customer capital and productivity through brand reallocation across firms. We develop a … firm dynamics model with brands as transferable customer capital, heterogeneous firm productivity, and variable markups. We … study the matching process between transferable brand capital and core productivity, which can be inefficient with …