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Research


Publications:

Tax Advantages and Imperfect Competition in Auctions for Municipal Bonds (with Dan Garrett, Andrey Ordin and Juan Carlos Suárez Serrato)
Review of Economic Studies, 90(2), 2023.

Bidding and Drilling Under Uncertainty: An Empirical Analysis of Contingent Payment Auctions (with Vivek Bhattacharya and Andrey Ordin)
Journal of Political Economy, 130(5), 2022.

Endogenous and Selective Service Choices After Airline Mergers (with Sophia Li, Joe Mazur, Yongjoon Park, Andrew Sweeting and Jun Zhang)
RAND Journal of Economics, 53(1), 2022.

Assessment of Spending for Patients Initiating Dialysis Care (with Paul Eliason, Riley League, Ryan McDevitt, and Heather Wong)
JAMA Open, 2022.

Private Equity Acquisition and Outcomes of Acute Medical Conditions in Medical Inpatients (with Marcelo Cerullo, Anaeze C. Offodile II, Ryan McDevitt, and Kelly Yang)
JAMA Open, 2022.

Physicians as Owners and Agents: A Call for Further Study (with Paul Eliason and Ryan McDevitt)
JAMA Internal Medicine (Invited Commentary), 2022.

Variability of Prices Paid for Hemodialysis by Employer-Sponsored Insurance in the US, 2012-2019 (with Paul Eliason, Riley League, Ryan McDevitt, and Heather Wong)
JAMA Open, 2022.

Private Equity Acquisition and Responsiveness To Service-Line Profitability At Short-Term Acute Care Hospitals (with Marcelo Cerullo, Anaeze C. Offodile II, Ryan McDevitt, and Kelly Yang)
Health Affairs, 326(3), 2021.

Speculative Fever: Contagion in the Housing Bubble (with Patrick Bayer and Kyle Mangum)
American Economic Review, 111(2), 2021.

How Acquisitions Affect Firm Behavior and Performance: Evidence from the Dialysis Industry (with Paul Eliason, Ben Heebsh and Ryan McDevitt)
Quarterly Journal of Economics, 135(1), 2020.

A Model of Dynamic Limit Pricing with an Application to the Airline Industry (with Chris Gedge and Andrew Sweeting)
Journal of Political Economy, 128(3), 2020.

Speculators and Middlemen: The Strategy and Performance of Investors in the Housing Market (with Patrick Bayer, Christopher Geissler and Kyle Mangum)
Review of Financial Studies, 33(11), 2020.

Note: Replaces “Speculators and Middlemen: The Role of Intermediaries in the Housing Market”

Strategic Patient Discharge: The Case of Long-Term Care Hospitals (with Paul Eliason, Paul Grieco and Ryan McDevitt)
American Economic Review, 108(11), 2018.

Bailouts and the Preservation of Competition: The Case of the Federal Timber Contract Payment Modification Act (with Andrew Sweeting)
AEJ Microeconomics, 8(3), 2016.

Note: The material in this paper has appeared in a number of different working papers with the titles “Bailouts and the Preservation of Competition”, “Competition versus Auction Design,” and “Entry and Selection in Auctions.”

Regulating Bidder Participation in Auctions (with Vivek Bhattacharya and Andrew Sweeting)
RAND Journal of Economics, 45(4), 2014.

Note: This replaces an earlier version of the paper titled “Regulating Entry Through Indicative Bidding.”

Gender Disparity in Urology: Preferences, Competition, and Quality of Care (with Ryan McDevitt)
RAND Journal of Economics, 45(1), 2014.

Unobserved Heterogeneity and Reserve Prices in Auctions
RAND Journal of Economics, 44(4), 2013.

When Should Sellers Use Auctions? (with Andrew Sweeting)
American Economic Review, 103(5), 2013.

Robust Firm Pricing with Panel Data (with Ben Handel and Kanishka Misra)
Journal of Econometrics, 174(2), 2013.

Can Warranties Substitute for Reputations?
AEJ Microeconomics, 3(3), 2011.

Network Structure of Production (with Enghin Atalay, Ali Hortacsu and Chad Syverson)
Proceedings of the National Academy of Sciences, 108(13), 2011.

Entry into Auctions: An Experimental Analysis (with Seda Ertac and Ali Hortacsu)
International Journal of Industrial Organization, 29(2), 2011.

Working Papers:

Measuring Clinical Effectiveness in Practice: Evidence from EPO in Dialysis (with Paul Eliason, Ben Heebsh, Riley League and Ryan McDevitt)
Revise and Resubmit, American Economic Review.

Ambulance Taxis: The Impact of Regulation and Litigation on Health Care Fraud (with Paul Eliason, Riley League, Jetson Leder-Luis and Ryan McDevitt)
Revise and Resubmit, Journal of Political Economy.

Gaming and Effort in Performance Pay (with Luca Bertuzzi, Paul Eliason, Ben Heebsh, Riley League and Ryan McDevitt)
Draft Available Soon.