Journal Pricing and Mergers: A Portfolio Approach (2008)
Including Craig Conrath, Renata Hesse, Aaron Hoag, David Reitman, Dan Rubinfeld, Greg Werden, ...
Despite their influence on the careers of economists, the production and pricing of scholarly journals have received scant attention from the profession. 1 By contrast, the issue of journal quality...
Hub-and-Spoke Free Trade Areas (2006)
Deltas, George, Desmet, Klaus [desmet], Facchini, Giovanni
This paper analyzes how the sequential formation of free trade areas affects the volume of trade between member countries. In a three--country, three--good model, if two countries have a free trade...
Mark J. Mccabe, Craig Conrath, Renata Hesse, Aaron Hoag, Russ Pittman, David Reitman, ...
Library demand for academic journals is unique. Libraries maximize the usage of broadly-defined collections subject to a budget constraint, and the result is a demand for portfolios of titles. This...
This paper investigates the stochastic properties of the first price and second price winning bids in auctions with risk neutral bidders with independent and identically distributed valuations. In...
Hub-and-Spoke Free Trade Areas
Deltas, George, Desmet, Klaus, Facchini, Giovanni
This paper analyzes how the sequential formation of free trade areas affects the volume of trade between member countries. In a three--country, three--good model, if two countries have a free trade...
George Deltas, Georgia Kosmopoulou
We examine bidding in a rare book sequential auction that has features of a natural experiment: lots were arranged in alphabetical order, the reserve set non-strategically and half the bids placed by...
Passenger Shipping Cartels and Their Effect on Trans-Atlantic Migration
George Deltas, Richard Sicotte, Peter Tomczak
We investigate the impact of passenger shipping cartels on trans-Atlantic migration during the early twentieth century. We assemble from primary sources a detailed database of passenger flows and...
Reconsidering the degree of inefficiency of financial institutions
David Becher, George Deltas, George Pinteris
There is an extensive existing literature on the cost efficiency of banking institutions that estimates cost inefficiencies of the order of 15 to 30%. The persistence of such staggering...
A Naïve Bidder in a Common Value Auction
George Deltas, Richard Engelbrecht-Wiggans
We study a common value auction in which two bidders compete for an item the value of which is a function of three independent characteristics. Each bidder observes one of these characteristics, but...
Sampling Frequency and the Comparison between Matched-Model and Hedonic Regression Price Indexes.
Deltas, George, Zacharias, Eleftherios
Matched-model price indexes generally overestimate quality-adjusted prices, because the price/performance ratio of models sold in consecutive periods is worse than that of new models. This...
Entry order and pricing over the product cycle: The transition from the 486 to the Pentium processor
The Small-Sample Bias of the Gini Coefficient: Results and Implications for Empirical Research
The Gini coefficient is a downward-biased measure of inequality in small populations when income is generated by one of three common distributions. The paper discusses the sources of bias and argues...
This paper studies `knockout' auctions, typically organized by bidding rings, in which the winning bidder makes side-payments to all losing bidders. These side-payments provide an incentive for the...
Exclusive Versus Non-exclusive Dealing in Auctions with Resale
Distribution channels, Exclusive dealing, Market makers, L14, D44, D82,
Incentives for Environmental Self-Regulation and Implications for Environmental Performance
Anton, Wilma Rose Q., Deltas, George, Khanna, Madhu
The increasing reliance of environmental policy on market-based incentives has led firms to shift from regulation-driven management approaches to proactive strategies involving the voluntary adoption...
GREEN MANAGEMENT AND THE NATURE OF TECHNICAL INNOVATION
Deltas, George, Harrington, Donna Ramirez, Khanna, Madhu
Innovation is a key component of a firm’'s strategy to improve market competitiveness and operational efficiency as well as to respond effectively to changing consumer preferences and regulations....
RETAIL GASOLINE PRICE DYNAMICS AND LOCAL MARKET POWER -super-*
Using monthly data from the 48 contiguous states (except Nevada) for the 1988-2002 period, it is shown that retail gasoline prices respond faster to wholesale price increases than to equivalent...
Why Do Firms Strive to Be Green? Explaining the Adoption of Total Quality Environmental Management
Harrington, Donna R., Khanna, Madhu, Deltas, George
Many firms are undertaking environmentally friendly organizational change by applying the philosophy of Total Quality Management with its emphasis on reducing waste and increasing efficiency to...
Striving to be green: the adoption of total quality environmental management
Donna Ramirez Harrington, Madhu Khanna, George Deltas
Many firms are undertaking environment-friendly organizational change by applying the philosophy of total quality management with its emphasis on reducing waste and increasing efficiency. Their...
Exclusive Dealing through Resellers in Auctions with Stochastic Bidder Participation
This paper demonstrates that a seller prefers to exclude final consumers from an auction and sell only to resellers when these resellers can gain access, at a cost, to a sufficiently bigger market...
Adoption of Pollution Prevention Techniques: The Role of Management Systems and Regulatory Pressures
Madhu Khanna, George Deltas, Donna Harrington
Environmental management, Toxic releases, Total Quality Management, O32, O38, Q2,
Heterogeneity and Information Spillovers in Web Service Sourcing
George Deltas, Seung-Hyun Hong
This paper studies the role of firm heterogeneity and information spillovers in the sourcing decision to provide web services. To this end, we develop a theoretical model that relates these factors...