Bias in Cable News: Real Effects and Polarization (with Gregory Martin)
September 2014

+ Click for Summary
We find that the Fox News Channel and MSNBC have large persuasive effects. We consider these effects in a model where consumers prefer news that is closer to their own ideology. The results suggest that media mergers may raise additional public policy issues compared to mergers in other product markets.

Multilateral Trade Bargaining: A First Peek at the GATT Bargaining Records (with Kyle Bagwell and Robert Staiger)
Data Appendix | Supplementary Notes
September 2014

+ Click for Summary
We empirically examine recently declassified offer and counteroffer data from multi-party international tariff negotiations. We document eight stylized facts. We assess the role of relaxing bilateral reciprocity to multilateral reciprocity, and whether preferential tariffs served as a stumbling block for liberalization.

Dynamic Natural Monopoly Regulation: Time Inconsistency, Asymmetric Information, and Political Environments (with Claire Lim)
July 2014

+ Click for Summary
Examines infrastructure investment dynamics and degree of power outages under monopoly regulation. We simulate regulatory commitment and explore regulator heterogeneity.

Shortages of Sterile Injectable Pharmaceuticals
December 2012

+ Click for Summary
Examines dramatic increase in reported drug shortages as a result of changing regulatory reimbursement design.

The Welfare Effects of Bundling in Multichannel Television Markets (with Gregory S. Crawford)
American Economic Review, Vol. 102, No. 2, April 2012
Download Code for Estimation and Simulation (Synthetic Data Included)

+ Click for Summary
An empirical model to predict the effects of a la carte pricing regulations in cable television, accounting for the renegotiation of bilateral contracts between upstream content and downstream distribution.

The Welfare Effects of Vertical Integration in Multichannel Television Markets (Greg Crawford, Robin Lee, Michael Whinston)

Patterns of Carriage and Positioning of Vertically Integrated Content (Greg Crawford, Robin Lee, Breno Vieira, Michael Whinston)

Bilateral Bargaining with Externalities in International Tariff Negotiations: Analysis using Data from the GATT (Kyle Bagwell, Robert Staiger)

Bilateral Bargaining, Contracts, and Entry in IPTV

Bilateral Contracts that Reference Rivals in Healthcare (Cory Capps, John Lazarev)

Data and Decisions

Period: 2009 - Present day
Level: MBA

Statistics and Data Analysis for Business Applications

  • Probabilistic foundations
  • Sampling theory
  • Regression Analysis
  • Model Selection

Econometrics (E604)

Period: 2011-present
Level: PhD

First year econometrics course for GSB PhD students.

Syllabus

Industrial Organization

Period: various
Level: Undergraduate and PhD