Brief Research Statement

My primary research interest concerns product pricing with market power. In some cases my research is motivated by observing perplexing pricing patterns and asking what about the environment, the objectives of sellers, or biases of customers can lead to such pricing? In other cases my motivation is reversed: I am intrigued by an interesting environment or regulatory intervention and ask what are its implications for optimal pricing? In either case, I approach the problem using a combination of economic theory and empirical observation and testing. Pricing is a broad research topic, but I am particularly interested in situations in which consumers or other relevant market participants act like real people rather than Homo economicus because they are biased, boundedly rational, or have non-standard preferences. In other words, I study questions that fall within the emerging field of Behavioral Industrial Organization.