Browsing Duke Faculty Scholarship by Author "0268639"

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Competition or Compensation: Supplier Incentives under the American and Japanese Subcontracting Systems

Taylor, Curtis; Wiggins, Steven N. (American Economic Review, 1997)

Two fundamentally different subcontracting systems arise as distinct solutions to the quality control problem facing an input buyer. The 'American' system involves competitive bidding on each contract, large orders, and ...
Consumer Privacy and the Market for Customer Information

Taylor, Curtis (RAND, 2004)

I investigate consumer privacy and the market for customer information in electronic retailing. The value of customer information derives from the ability of Internet firms to identify individual consumers and charge them ...
Digging for Golden Carrots: An Analysis of Research Tournaments

Taylor, Curtis (American Economic Review, 1995)

Contracting for research is often infeasible because research inputs are unobservable and research outcomes cannot be verified by a court. Sponsoring a research tournament can resolve these problems. A model is presented ...
The Economics of Breakdowns, Checkups, and Cures

Taylor, Curtis (Journal of Political Economy, 1995)

A market in which the owner of a durable good, X, contracts with an expert for diagnostic and treatment services is studied. Good X may be in one of three states: health, disease, or failure. Only experts can determine ...
Local Discouragement and Global Collapse: A Theory of Coordination Avalanches

Jeitschko, Thomas D.; Taylor, Curtis (American Economic Review, 2001)

We study a dynamic game in which all players initially possess the same information and coordinate on a high level of activity. Eventually, players with a long string of bad experiences become inactive. This prospect can ...
The Long Side of the Market and the Short End of the Stick: Bargaining Power and Price Formation in Buyers', Sellers', and Balanced Markets

Taylor, Curtis (The Quarterly Journal of Economics, 1995)

The determinants of bargaining power and price formation in a dynamic exchange market where new traders enter randomly over time are studied. When agents on the long side of the market possess the option to wait for the ...
Supplier Surfing: Competition and Consumer Behavior in Subscription Markets

Taylor, Curtis (RAND, 2003)

I explore the practice of offering subscribers enticements to switch suppliers. This type of competition is natural in subscription markets for homogeneous goods and services. Efficiency is impaired because subscribers are ...
Who Benefits from Online Privacy?

Taylor, Curtis; Wagman, Liad (SSRN, 2008)

When firms can identify their past customers, they may use information about purchase histories in order to price discriminate. We present a model with a monopolist and a continuum of heterogeneous consumers, where consumers ...