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CEP Working Paper “Motivating Collusion” Wins CRESSE & CPI Best Paper Award for Young Researchers We are excited that the CEP working paper “Motivating Collusion” authored by our research affiliate Alminas Žaldokas (with Sangeun Ha and Fangyuan Ma) won CRESSE & CPI Best Paper Award for Young Researchers.
Working Paper Series Motivating Collusion We examine how executive compensation can be designed to motivate product market collusion. We look at the 2013 decision to close several regional offices of the Department of Justice, which lowered antitrust enforcement for firms located near these closed offices. We argue that this made collusion more appealing to the shareholders, and find that these firms increased the sensitivity of executive pay to local rivals' performance, consistent with rewarding the managers for colluding with them. By Alminas Žaldokas, Sangeun Ha, Fangyuan Ma
Publications Anchored Differentiation: The Role of Temporal Distance in the Comparison and Evaluation of New Product Designs By Yonghoon Lee, Tian Heong Chan, HeeJung Jung
Research Affiliates Song Lin Associate Professor, Department of Marketing Song Lin is an Associate Professor of Marketing at the Hong Kong University of Science and Technology. His research interests include product and pricing policies, platform design, innovation, advertising, and information economics.
CEP Funded Projects A Structural Analysis of Resale Price Maintenance in the Japanese Publishing Industry By Kohei Kawaguchi, Jeff Qiu, Yi Zhang