All Outputs (2)

Entry Deterrence in Dynamic Second-Price Auctions (2016)
Journal Article
Che, X., & Klumpp, T. (2016). Entry Deterrence in Dynamic Second-Price Auctions. American Economic Journal: Microeconomics, 8(2), 168-201. https://doi.org/10.1257/mic.20140137

We examine a dynamic second-price auction with independent private values and sequential costly entry. We show that delayed revelation equilibria exist in which some buyers place coordinated low early bids. These buyers revise their bids to reflect t... Read More about Entry Deterrence in Dynamic Second-Price Auctions.

Competition Between Sports Leagues: Theory and Evidence on Rival League Formation in North America (2014)
Journal Article
Che, X., & Humphreys, B. (2015). Competition Between Sports Leagues: Theory and Evidence on Rival League Formation in North America. Review of Industrial Organization, 46(2), 127-143. https://doi.org/10.1007/s11151-014-9439-7

We analyze the formation of rival leagues and deterrence by incumbent leagues in professional team sports, which is one of the least studied forms of competition in sports. We first survey the economic history of professional sport leagues in North A... Read More about Competition Between Sports Leagues: Theory and Evidence on Rival League Formation in North America.