Recent working papers written by Rune Stenbacka


 

INDUSTRIAL ECONOMICS

 

  • Two at the Top: Quality Differentiation in Markets with Switching Costs (with Thomas Gehrig) [ Download ]
  • Introductory Offers in a Model of Strategic Competition (with Thomas Gehrig) [ Download ]
  • Differentiation-Induced Switching Costs and Poaching (with Thomas Gehrig), Journal of Economics and Management Strategy, 2004 (13), 635-655.[ Download ]
  • Partial Outscourcing: A Real Options Perspective (with Luis H.R.Alvarez) International Journal of Industrial Organization,2007(25),91-102. [ Download ]
  • Partial Outsourcing, Monitoring Cost and Market Structure (with Oz Shy),  Canadian Journal of Economics, 2005 (38), 1173-1190.

[ Download ]

  • Price Competition, Business Hours and Shopping Time Flexibility (with Oz Shy)                                                            Economic Journal, forthcoming. [ Download ]

 

*          Service Hours with Asymmetric Distributions of Ideal Service Time (with Oz Shy), International Journal of Industrial Organization. [ Download ], 2006 (24),763-771.

 

*          Assessing Market Dominance (with Arie Melnik and Oz),
Journal of Economic Behavior & Organization, forthcoming. [ Download ]

 

*          Entry Barriers and Antitrust Objectives (with Oz Shy) [ Download ]
Does Behavior-Based Pricing Lead to Persistent Market Dominance? (with Thomas Gehrig and Oz Shy). [ Download ]

 

APPLICATIONS OF REAL OPTION THEORY

  • Irreversibility, Uncertainty and Investment in the Presence of Sequential Technology Generations (with Luis Alvarez)

[ Download ]

  • Strategic Adoption of Intermediate technologies: A real Options Approach (with Luis H.R. Alvarez) [ Download ]
  • Takeover Timing, Implementation Unceritainty, and Embedded Divestment Options (with Luis Alvarez) Review of Finance )  2006(10),417-441. [ Download ]

 

LABOR ECONOMICS

  • Profit Sharing, Credit Market Imperfections and Equilibrium Unemployment , IZA Discussion Paper No 1020 (2004) (with Erkki Koskela). (A marginally shorter version is published in The Scandinavian Journal of Economics 2004(106), 677-701)

[ Download ]

  • Profit Sharing and Unemployment: An Approach with Bargaining and Efficiency Wage Effects (with Erkki Koskela), Journal of Institutional and Theoretical Economics, 2004 (16, 477-497) [ Download ]
  • Compensation and Bargaining  with Entrepreneurship as the Outside Option (with Erkki Koskela) [ Download ]
  • Flexible and Committed Profit Sharing with Wage Bargaining: Implications for Equilibrium Unemploymnent (with Erkki Koskela), Journal of Economics 2006 (87), 151-180 [ Download ]
  • Product Market Competition, P rofit Sharing and Equilibrium Unemployment (with Erkki Koskela) [ Download]
  • Equilibrium Unemployment with Capital Investments under Product and Labor Market Imperfections (with Erkki Koskela)[ Download ]
  • Equilibrium Unemployment with Outsourcing  under  under Labour Market Imperfections ( with Erkki Koskela).
    CESifo Working Paper No 1892, 2007. [ Download ]
  • Equilibrium Unemployment with Outsourcing and Wage Solidarity under Labour Market Imperfections (with Erkki Koskela),CESifo Working Paper No 1988,2007.[ Download ]

 

 

FINANCIAL INTERMEDIATION

  • Venture Cycles: Theory and Evidence (with Thomas Gehrig) [ Download ]
  • Information Sharing and Lending Market Competition with Switching Costs and Poaching (with Thomas Gehrig) , European Economic Review,2007(51)77-99 [.Download ],
  • Screening cycles (with Thomas Gehrig) [ Download ]
  • Liquidity Provision and Optimal Bank Regulation (with Oz Shy), International Journal of Economic Theory, forthcoming .  [ Download ]        
  • Optimal Liquidity Management and Bail-Out Policy in the Banking Industry (with Staffan Ringbom and Oz Shy).  Journal of Banking and Finance, 2004 (28), 1319-1335

[ Download ]

  • Market Structure and Risk Taking in the Banking Industry (with Oz Shy), Journal of Economics, 2004 (82), 249-280

[ Download ]

  • Agency Cost of Debt and Credit Market Imperfections: A Bargaining Approach (with Erkki Koskela), Bulletin of Economic Research, 2004 (56), 365-377. [ Download ]

 

OTHER REPORTS

  • An Economic Approach to Article 82.  Report to the European Commission by the European Advisory Group on Competition Policy (53 pages). Available at: http://europa.eu.int/comm/competition/publications/publications/#UDIES. (With Jordi Gual, Martin Hellwig, Anne  Perrot, Michele Polo, Patrick Rey, and Klaus Schmidt) [ Download ]
  • Price Discrimination, Competition and Antitrust (with Thomas Gehrig) in the Pros and Cons of Price Discrimination, The Swedish Competition Authority 2005 [ Download]

 


Back to main page