Volume 32, 2023 Issue 4 Journal of Economics & Management Strategy – Journal of Economics & Management Strategy

Digital highways and firm turnover

Carlo Cambini, Lorien Sabatino
We study the impact of ultra-broadband (UBB) internet connections on firm entry and exit dynamics.

Using managers’ expectations for ex-ante policy evaluation: Evidence from the COVID-19 crisis

Kohei Kawaguchi, Naomi Kodama, Hiroshi Kumanomido, Mari Tanaka
This study examines whether survey data on the expectations of small business managers can help evaluate two high-stake subsidies for firms amid the COVID-19 crisis in Japan, namely, Subsidy Program for Sustaining Businesses (SPSB) and Employment Adjustment Subsidy (EAS).

How firms compete when they set identical prices: Nonprice strategies in the Indian biscuit industry

Gianluca Antonecchia, Ajay Bhaskarabhatla
How do firms compete when all firms in an industry set identical prices? Using Nielsen data on India's biscuit manufacturers, we document productivity-based competition on nonprice strategies under industry-wide uniform pricing.

Tying in two-sided markets with heterogeneous advertising revenues and negative pricing

Jong-Hee Hahn, Sang-Hyun Kim, So Hye Yoon
We offer a theory of anticompetitive tying in two-sided markets when below-cost or negative pricing is possible.

Upstream conduct and price authority with competing organizations

Enrique Andreu, Damien Neven, Salvatore Piccolo, Roberto Venturini
We characterize the degree of price authority that competing upstream principals award their downstream agents in a setting where these agents own private information about demand and incur nonverifiable distribution costs.

Trade spends and profitability of promotions

Maxim Sinitsyn
This paper examines the prevalent mechanism of financing advertising and temporary price reductions through trade spend budgets.

Licensing standard-essential patents with costly enforcement

Marc Bourreau, Rafael C. de M. Ferraz, Yann Ménière
We study the interaction between the holder of a standard-essential patent (SEP) and two downstream firms using the patented technology to design standard-compliant products.

The optimality of public–private partnerships under financial and fiscal constraints

Marco Buso, Luciano Greco
The government may delegate two sequential tasks (e.g., building and operating an infrastructure) to the same or different agents (i.e., partnership vs. sequential contracts). Agents are risk-neutral but face financial constraints, whereas the government's contractual capacity may be limited by the renegotiation-proofness and fiscal constraints.

Social preferences and sales performance

Andrea Essl, Frauke von Bieberstein, Michael Kosfeld, Markus Kröll
We use an incentivized experimental game to uncover heterogeneity in social preferences among salespeople in a large Austrian retail chain.

Spatial competition with demand uncertainty: A laboratory experiment

Aurélie Bonein, Stéphane Turolla
Motivated by recent research on product differentiation, we conduct laboratory experiments to study how demand uncertainty influences firms' incentives to differentiate.

Issue 4

Volume 32 JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY
Winter 2023