The hot new papers in Industrial Organization

Hart, Oliver and Holmstrom, Bengt. “A Theory of Firm Size and Scope,” available at

Mullainathan, Sendil, and Scharfstein, David. “Do the Boundaries of the Firm Matter?” American Economic Review (May 2002) available at

Rotemberg, Julio. “Altruism, Reciprocity, and Cooperation in the Workplace,” 2002, available at

Rotemberg, Julio. “Fair Pricing,” available at

Baker, Malcolm and Wurgler, Jeffrey. “A Catering Theory of Dividends,” Journal of Finance (2004), available at

Baker, Malcolm and Ruback, Richard. “Behavioral Corporate Finance: A Survey,” found at

Hall, Brian and Murphy, Kevin J, “The Trouble with Stock Options,” Journal of Economic Perspectives, Summer 2003, also at

Murphy, Kevin J. and Zaboznik, Jan. “CEO Pay and Appointments,” American Economic Review, May 2004, also at

Jense, Michael, Murphy, Kevin J., and Eric Wruck. “Remuneration: Where We’ve Been, How We Got to Here, What are the Problems, and How to Fix Them,” available at

Crandall, Robert W. “An End to Economic Regulation?” available at

Crandall, Robert and Whinston, Clifford, “Does Antitrust Improve Consumer Welfare?: Assessing the Evidence,” Journal of Economic Perspectives (Fall 2003 ), 3-26, available at

Happy reading…!


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