The Rand Journal of Economics

Page 1

ARTICLES

Palrick Hummel, John Morgan and Phillip C. Slocken

A Model of Flops

Emmanuel Farhi, Josh Lerner and Jean Tirole Johannes Hõrner and Larry Samuelson Han Hong, Harry J. Paarsch and Pai Xu Fahad Khalil, Doyoung Kim and Jacques Lawarrée James W. Reberts Huanxing Vang Ryan Lampe and Pelra Moser

On the Asymptotic Distributi01i1 a Clock Model of a Multi-Uni Auction within the Common-Ví Contracts Offered by Bureaucrats

Unobserved Heterogeneity and Reserve Prices in Auctions Targeted Search and the Long Tail Effect Patent Pools and Innovation in SubstituteTechnologiesEvidence from the 19th-Century Sewing Machine Industry


The RAND Journal of Economics VOL. 44, NO. 4

Winter '13 TABLE OF CONTENTS ARTICLES 585 A Model of Flops PATRICKHUMMEL,JOHN MORGAN and PHILLlPC. STOCKEN 610

Fear of Rejection? Tiered Certification and Transparency EMMANUELFARHI,JOSH LERNERand JEAN TIROLE

632

Incentives for Experimenting Agents JOHANNES HORNERand LARRYSAMUELSON

664

On the Asymptotic Distribution of the Transaction Price in a Clock Model of a Multi-Unit, Oral, Ascending-Price Auction within the Common-Value Paradigm HAN HONG, HARRYJ. PAARSCHand PAIXU

686

Contracts Offered by Bureaucrats FAHAD KHALlL,DOYOUNG KIM and JACQUES LAWARRテ右

712

Unobserved Heterogeneity and Reserve Prices in Auctions JAMESW. ROBERTS

733

Targeted Search and the Long Tail Effect HUANXING YANG

757

Patent Pools and Innovation in Substitute Technologies-Evidence from the 19th-Century Sewing Machine Industry RYANLAMPEand PETRAMOSER

COTA BDII-S N?EX.

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