Warehouse / JEL /
L12
L12
2 papers tracked
2 forthcoming
Showing 2 papers
Forthcoming
American Economic Review
Screening and Segmenting: A Consumer Surplus PerspectiveDirk Bergemann · Tibor Heumann · Michael C. Wang
Bergemann, Heumann, and Wang study consumer surplus when a monopolist simultaneously engages in second-degree price discrimination (screening consumers within each market segment through …
Forthcoming
Econometrica
Online 1 Jan 2025
Search Frictions and Product Design in the Municipal Bond MarketGiulia Brancaccio · Karam Kang
Layer 1 — Overview Research Question
This paper investigates whether intermediaries in the U.S. municipal bond market strategically exploit product design to increase search frictions and, through …