It’s never too late for (pre)-sales: the dynamics of crowdfunding

The world is a strange place. Unknown of until recent years, crowdfunding platforms – like Kickstarter or Indiegogo – are making the headlines around the world. Thousands of people are donating money to help artists produce their records, graphic novels, video games; or to allow geeks to produce a tool to transform bananas in a… Read More It’s never too late for (pre)-sales: the dynamics of crowdfunding

Price and format competition with consumer confusion (a new paper with Alexia Gaudeul)

Imagine there are three firms in an industry. They sell a homogeneous product (say, internet access): the product of firm 1 is a perfect substitute of the products of firms 2 and 3. Imagine firms can compete only on price. How will the market share depend on the price the firms decide to set? Now,… Read More Price and format competition with consumer confusion (a new paper with Alexia Gaudeul)