RESEARCH

Published Papers:

“Auctioning Resource Rights” (with Kenneth Hendricks), Annual Review of Resource Economics, Vol. 6, 2014; 175-190.

“Recent U.S. Offshore Oil and Gas Lease Bidding: A Progress Report” (with Philip Haile and Kenneth Hendricks), International Journal of Industrial Organization, Vol. 28, No. 4, July 2010; 390-396.

“Bidding Rings and the Winner’s Curse” (with Kenneth Hendricks and Guofu Tan), RAND Journal of Economics, Vol. 39, No. 4, Winter 2008; 1018-1041.

“Collusion” (with J. Douglas Zona), in Issues in Competition Law and Policy, edited by W. D. Collins, 2008, American Bar Association Section of Antitrust Law, 1069-1084.

“An Empirical Perspective on Auctions” (with Kenneth Hendricks), in Handbook of Industrial Organization, Volume 3, edited by M. Armstrong and R. Porter, 2007, Elsevier: New York; 2073-2143.

“Detecting Collusion,” Review of Industrial Organization, Vol. 26, No. 2, March 2005; 147-167.

“Bidding, Bid Rigging, and School Milk Prices: Ohio v. Trauth (1994)” (with J. Douglas Zona), in The Antitrust Revolution: Economics, Competition and Public Policy, Fourth Edition, edited by J.E. Kwoka, Jr. and L.J. White, 2004, Oxford University Press: New York; 211-232.

“Empirical Implications of Equilibrium Bidding in First-Price, Symmetric, Common Value Auctions” (with Kenneth Hendricks and Joris Pinkse), Review of Economic Studies, Vol. 70, No. 1, January 2003; 115-145.

“Uniform Pricing or Pay-as-Bid Pricing: A Dilemma for California and Beyond” (with Alfred E. Kahn, Peter C. Cramton and Richard D. Tabors), The Electricity Journal, July 2001; 70-79.

“Detecting Collusion Among Bidders in Auction Markets,” in Fighting Cartels – Why and how? Swedish Competition Authority: Stockholm, 2001; 168-184.

“Ohio School Milk Markets: An Analysis of Bidding,” (with J. Douglas Zona), RAND Journal of Economics, Vol. 30, No. 2, Summer 1999; 263-288.

“The Timing and Incidence of Exploratory Drilling on Offshore Wildcat Tracts” (with Kenneth Hendricks), American Economic Review, Vol. 86, No. 3, June 1996; 388-407.

“The Effect of Public Capital in State-Level Production Functions Reconsidered” (with Teresa Garcia-Mila and Therese J. McGuire), Review of Economics and Statistics, Vol. 78, No. 1, February 1996; 177-180.

“Detecting Collusion Among Firms,” in 1995 Industry Economics Conference: Papers and Proceedings, Bureau of Industry Economics Report 95/23, Australian Government Publishing Service: Canberra, November 1995; 1-13.

“The Role of Information in U.S. Offshore Oil and Gas Lease Auctions,” Econometrica, Vol. 63, No. 1, January 1995; 1-27.

“Auctions for Oil and Gas Leases with an Informed Bidder and a Random Reservation Price” (with Kenneth Hendricks and Charles A. Wilson), Econometrica, Vol. 62, No. 6, November 1994; 1415-1444.

“Recent Developments in Empirical Industrial Organization,” Journal of Economic Education, Vol. 25, No. 2, Spring 1994; 149-161.

“Detection of Bid Rigging in Procurement Auctions” (with J. Douglas Zona), Journal of Political Economy, Vol. 101, No. 3, June 1993; 518-538.

“Optimal Selling Strategies for Oil and Gas Leases with an Informed Buyer” (with Kenneth Hendricks and Guofu Tan), American Economic Review Papers and Proceedings, Vol. 83, No. 2, May 1993; 234-239.

“Bidding Behavior in OCS Drainage Auctions: Theory and Evidence” (with Kenneth Hendricks), European Economic Review, Vol. 37, No. 2-3, April 1993; 320-328.

“Joint Bidding in Federal OCS Auctions” (with Kenneth Hendricks), American Economic Review Papers and Proceedings, Vol. 82, No. 2, May 1992; 506-511.

“A Review Essay on the Handbook of Industrial Organization,” Journal of Economic Literature, Vol. 29, No. 2, June 1991; 553-572.

“Can Resale Price Maintenance or Franchise Fees Correct Sub-Optimal Levels of Retail Service?” (with Martin K. Perry), International Journal of Industrial Organization, Vol. 8, No. 1, March 1990; 115-141.

“Collusion in Auctions” (with Kenneth Hendricks), Annales d’Economie et de Statistique, No. 15/16, July-December 1989; 217-230.

“Random Reservation Prices and Bidding Behavior in OCS Drainage Auctions” (with Kenneth Hendricks and Richard H. Spady), Journal of Law and Economics, Vol. 32, No. 2, Pt. 2, October 1989; S83-S106.

“An Empirical Study of an Auction with Asymmetric Information” (with Kenneth Hendricks), American Economic Review, Vol. 78, No. 5, December 1988; 865-883.

“Information and Returns in OCS Auctions, 1954-1969″ (with Kenneth Hendricks and Bryan Boudreau), Journal of Industrial Economics, Vol. 35, No. 4, June 1987; 517-542.

“A Note on Tacit Collusion Under Demand Uncertainty,” Canadian Journal of Economics, Vol. 19, No. 3, August 1986; 587-589.

“The Impact of Government Policy on the U.S. Cigarette Industry,” in Empirical Approaches to Consumer Protection Economics, edited by P. Ippolito and D. Scheffman, 1986, Federal Trade Commission: Washington; 447-481.

“On the Incidence and Duration of Price Wars,” Journal of Industrial Economics, Vol. 33, No. 4, June 1985; 415-426.

“Oligopoly and the Incentive for Horizontal Merger” (with Martin K. Perry), American Economic Review, Vol. 75, No. 1, March 1985; 219-227.

“Tariff Policies in a Small Open Spatial Economy,” Canadian Journal of Economics, Vol. 17, No. 2, May 1984; 270-282.

“Switching Regression Models with Imperfect Sample Separation Information – with an Application on Cartel Stability” (with Lung-Fei Lee), Econometrica, Vol. 52, No. 2, March 1984; 391-318.

“Noncooperative Collusion Under Imperfect Price Information” (with Edward J. Green), Econometrica, Vol. 52, No. 1, January 1984; 87-100.

“A Study of Cartel Stability: The Joint Executive Committee, 1880-1886,” Bell Journal of Economics, Vol. 15, No. 2, Autumn 1983; 301-314.

“On the Rationality of Buying from a Price Predator,” Economics Letters, Vol. 11, No. 3, 1983; 385-389.

“Optimal Cartel Trigger Price Strategies,” Journal of Economic Theory, Vol. 29, No. 2, April 1983; 313-338.

“Determinants of the Rate of Subdivision Development” (with Gordon W. Davies), Journal of Urban Economics, Vol. 8, No. 3, November 1980; 273-282.

Other Publications:

Handbook of Industrial Organization, Volume 3, edited by M. Armstrong and R. Porter, 2007, Elsevier: New York.

“Collusion in Industrial Economics: A Comment,” Journal of Industry, Competition and Trade, Vol. 5, No. 3, December 2005; 231-234.

Committee on Data and Research for Policy on Illegal Drugs: Informing America’s Policy on Illegal Drugs: What We Don’t Know Keeps Hurting Us, edited by C. Manski, J. Pepper and C. Petrie, 2001, National Academy Press: Washington.

“Pricing in the California Power Exchange Electricity Market: Should California Switch from Uniform Pricing to Pay-as-Bid Pricing?” (with Alfred E. Kahn, Peter C. Cramton, and Richard D. Tabors), Blue Ribbon Panel Report, California Power Exchange, January 2001.

“Comment on “The Eclipse of the U.S. Tire Industry” by R. Rajan, P. Volpin and L. Zingales, in Mergers and Productivity, edited by S. Kaplan, 2000, NBER and University of Chicago Press: Chicago; 86-92.

Committee on Data and Research for Policy on Illegal Drugs: Assessment of Two Cost-Effectiveness Studies on Cocaine Control Policy, edited by C. Manski, J. Pepper and Y. Thomas, 1999, National Academy Press: Washington.

“Articles in Honor of Richard E. Quandt: An Introduction” (with Timothy F. Bresnahan), RAND Journal of Economics, Vol. 28, No. 0, Special Issue 1997; S1-4.

Review of Anatomy of an Auction: Rare Books at Ruxley Lodge, 1919, by Arthur Freeman and Janet Ing Freeman, Journal of Political Economy, Vol. 100, No. 2, April 1992; 433-436.

“Guidelines for Submission of Manuscripts on Experimental Economics” (with Thomas R. Palfrey), Econometrica, Vol. 59, No. 4, July 1991; 1197-1198.

Work in Progress:

“Testing Competition in U.S. Offshore Oil and Gas Lease Bidding” (with Andres Aradillas-Lopez, Philip Haile and Kenneth Hendricks).

“Empirical Analysis and Auction Design” (with Kenneth Hendricks), Econometric Society Presidential Address.

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