All Outputs (2)

Robust pricing with refunds (2020)
Journal Article
Hinnosaar, T., & Kawai, K. (2020). Robust pricing with refunds. RAND Journal of Economics, 51(4), 1014-1036. https://doi.org/10.1111/1756-2171.12348

Before purchase, a buyer of an experience good learns about the product's fit using various information sources, including some of which the seller may be unaware of. The buyer, however, can conclusively learn the fit only after purchasing and trying... Read More about Robust pricing with refunds.

Stackelberg Independence (2020)
Journal Article
Hinnosaar, T. (2021). Stackelberg Independence. Journal of Industrial Economics, 69(1), 214-238. https://doi.org/10.1111/joie.12244

The standard model of sequential capacity choices is the Stackelberg quantity leadership model with linear demand. I show that under the standard assumptions, leaders' actions are informative about market conditions and independent of lead-ers' belie... Read More about Stackelberg Independence.