Details about Eric Rasmusen

E-mail:
Homepage:	http://www.rasmusen.org
Phone:	812-855-9219
Postal address:	Dept. of Business Economics and Public Policy Kelley School of Business, Indiana University 1309 East Tenth Street Bloomington, Indiana 47405
Workplace:	Department of Business Economics and Public Policy, Kelley School of Business, Indiana University, (more information at EDIRC)

Access statistics for papers by Eric Rasmusen.

Last updated 2013-12-15. Update your information in the RePEc Author Service.

Short-id: pra42

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Jump to Journal Articles Chapters

Working Papers

2013

1. Exclusive Dealing: Before Bork, and Beyond
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
2. Lowering the Bar to Raise the Bar: Licensing Difficulty and Attorney Quality in Japan
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy

2012

3. Coarse Grades: Informing the Public by Withholding Information
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
4. Concavifying the Quasiconcave
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (1)

2011

5. Leveraging of Reputation Through Umbrella Branding with and Without Market Power
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy

2010

6. Are Americans More Litigious? Some Quantitative Evidence
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (1)

2008

7. Career Concerns and Ambiguity Aversion
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
   See also Journal Article in Economics Letters (2010)
8. Convictions versus Conviction Rates: The Prosecutor’s Choice
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (10)
9. Executive Compensation in Japan: Estimating Levels and Determinants from Tax Records
   Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
   See also Journal Article in Journal of Economics & Management Strategy (2011)
10. First versus Second-Mover Advantage with Information Asymmetry about the Size of New Markets
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (7)
11. Internalities and Paternalism: Applying the Compensation Criterion to Multiple Selves across Time
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
    See also Journal Article in Social Choice and Welfare (2012)
12. Price Discrimination between Retailers with and without Market Power
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
13. Quality-Ensuring Profits
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
14. Some Common Confusions about Hyperbolic Discounting
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (5)
15. The Industrial Organization of the Japanese Bar: Levels and Determinants of Attorney Income
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (1)
    Also in MPRA Paper, University Library of Munich, Germany (2006) View citations (5)

2007

16. A Reputation Model of Quality in North-South Trade
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy
17. First versus Second-Mover Advantage with Information Asymmetry about the Size of New Mark
    CAEPR Working Papers, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington
18. Getting Carried Away in Auctions as Imperfect Value Discovery
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (1)
    Also in Industrial Organization, University Library of Munich, Germany (2004)
19. The Parking Lot Problem
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (4)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2001)

2006

20. The BLP Method of Demand Curve Estimation in Industrial Organization
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (4)

2005

21. The Case for Managed Judges: Learning from Japan after the Political Upheaval of 1993
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy

2004

22. Agency Law and Contract Formation
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (3)
    See also Journal Article in American Law and Economics Review (2004)
23. Buyer-Option Contracts Restored: Renegotiation, Inefficient Threats, and the Hold-Up Problem
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (17)
24. Norms in Law and Economics
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (8)
25. Strategic Implications of Uncertainty Over One’s Own Private Value in Auctions
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (12)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2001) View citations (2)
    See also Journal Article in The B.E. Journal of Theoretical Economics (2006)
26. When Does Extra Risk Strictly Increase an Option's Value?
    Working Papers, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy View citations (2)
    See also Journal Article in Review of Financial Studies (2007)
27. When Does Extra Risk Strictly Increase the Value of Options?
    Finance, University Library of Munich, Germany View citations (2)

2001

28. Bertrand Competition Under Uncertainty
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (2)
    Also in Industrial Organization, University Library of Munich, Germany (1996)
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000)
    See also Journal Article in Journal of Industrial Economics (2002)
29. Option Contracts and Renegotiation in Complex Environments
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (1)
30. When are Judges and Bureaucrats Left Independent? Theory and History from Imperial Japan, Postwar Japan, and the United States
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo

2000

31. An Economic Approach to Adultery Law
    Law and Economics, University Library of Munich, Germany View citations (1)

1999

32. Can High Prices Ensure Product Quality When Buyers do not Know the Sellers' Cost?
    Industrial Organization, University Library of Munich, Germany
    See also Journal Article in Economic Inquiry (2001)
33. Creating and Enforcing Norms, With Special Reference to Sanctions
    Law and Economics, University Library of Munich, Germany View citations (72)
    Also in Working Papers, Indiana - Center for Econometric Model Research (1998) View citations (15)
34. Naked Exclusion: A Reply
    Industrial Organization, University Library of Munich, Germany
    See also Journal Article in American Economic Review (2000)
35. The Games and Information Reader, Preface
    Game Theory and Information, University Library of Munich, Germany
36. The Games and Information Reader, Table of Contents
    Game Theory and Information, University Library of Munich, Germany
37. The Objectives of Sexual Harassment Law, with Application to 1998's Ellerth, Oncale, and Faragher Decisions
    Labor and Demography, University Library of Munich, Germany
38. The Uneasy Case for the Flat Tax
    Public Economics, University Library of Munich, Germany
    See also Journal Article in Constitutional Political Economy (2000)
39. Why Is the Japanese Conviction Rate So High?
    Law and Economics, University Library of Munich, Germany View citations (1)
    See also Journal Article in The Journal of Legal Studies (2001)
40. Why the Japanese Taxpayer Always Loses
    Law and Economics, University Library of Munich, Germany View citations (8)
41. ames and Information, Third Edition, Preface
    Microeconomics, University Library of Munich, Germany

1998

42. A Theory of Trustees, and Other Thoughts
    Working Papers, Indiana - Center for Econometric Model Research View citations (1)
43. Mezzanatto and the Economics of Self Incrimination
    Working Papers, Indiana - Center for Econometric Model Research

1997

44. Lifting the Veil of Ignorance: Personalizing the Marriage Contract
    Working Papers, Indiana - Center for Econometric Model Research

1996

45. Choosing Among Signalling Equilibria in Lobbying Games
    Game Theory and Information, University Library of Munich, Germany
46. Judicial Independence in Civil Law Regimes: Econometrics from Japan
    Public Economics, University Library of Munich, Germany View citations (1)
47. Notes on Writing, Talking, and Listening
    General Economics and Teaching, University Library of Munich, Germany
48. The Posner Argument for Transferring Health Spending from Old Women to Old Men
    Public Economics, University Library of Munich, Germany View citations (2)
    See also Journal Article in Economics Letters (1996)

1995

49. A Model of Negotiation, Not Bargaining
    Game Theory and Information, University Library of Munich, Germany
    Also in Working Papers, Indiana - Center for Econometric Model Research (1994)
50. Observed Choice, Estimation, and Optimism About Policy Changes
    Econometrics, University Library of Munich, Germany
51. The Learning Curve in a Competitive Industry
    Industrial Organization, University Library of Munich, Germany View citations (1)
    Also in Working Papers, Indiana - Center for Econometric Model Research (1994)
    See also Journal Article in RAND Journal of Economics (1997)
52. ``Predictable and Unpredictable Error in Tort Awards: The Effect of Plaintiff Self Selection and Signalling,''
    Law and Economics, University Library of Munich, Germany View citations (12)
53. ``Stigma and Self-Fulfilling Expectations of Criminality''
    Law and Economics, University Library of Munich, Germany
    Also in Working Papers, Indiana - Center for Econometric Model Research (1992)
    See also Journal Article in Journal of Law and Economics (1996)
54. ``The Economics of Agency Law and Contract Formation''
    Law and Economics, University Library of Munich, Germany View citations (4)

1993

55. Judicial Legitimacy as a Repeated Game
    Working Papers, Indiana - Center for Econometric Model Research
    See also Journal Article in The Journal of Law, Economics, and Organization (1994)
56. Perfectly Contestable Monopoly and Adverse Selection
    Working Papers, Indiana - Center for Econometric Model Research View citations (4)

1992

57. Mutual and Unilateral Mistake in Contract Law
    Working Papers, Indiana - Center for Econometric Model Research
    See also Journal Article in The Journal of Legal Studies (1993)
58. Signal Jamming and Limit Pricing: A Unified Approach
    Working Papers, Indiana - Center for Econometric Model Research View citations (2)

1990

59. Are Equilibrium Strategies Unaffected by Incentives
    UCLA Economics Working Papers, UCLA Department of Economics View citations (2)

Journal Articles

2012

1. First Versus Second Mover Advantage with Information Asymmetry about the Profitability of New Markets
   Journal of Industrial Economics, 2012, 60, (3), 374-405 View citations (12)
2. Internalities and paternalism: applying the compensation criterion to multiple selves across time
   Social Choice and Welfare, 2012, 38, (4), 601-615 View citations (1)
   See also Working Paper (2008)

2011

3. Executive Compensation in Japan: Estimating Levels and Determinants from Tax Records
   Journal of Economics & Management Strategy, 2011, 20, (3), 843-885 View citations (4)
   See also Working Paper (2008)

2010

4. Career concerns and ambiguity aversion
   Economics Letters, 2010, 108, (2), 175-177 View citations (5)
   See also Working Paper (2008)

2009

5. Letter: Is There Research Economist Support for the Stimulus Bill?
   The Economists' Voice, 2009, 6, (3), 1-2

2008

6. Letter: What Economists Can Contribute to the Global Warming Debate
   The Economists' Voice, 2008, 5, (3), 1-3

2007

7. Political uncertainty's effect on judicial recruitment and retention: Japan in the 1990s
   Journal of Comparative Economics, 2007, 35, (2), 329-345 View citations (1)
8. When Does Extra Risk Strictly Increase an Option's Value?
   Review of Financial Studies, 2007, 20, (5), 1647-1667 View citations (4)
   See also Working Paper (2004)

2006

9. Letter: Must Homeowners Lose Wealth When House Prices Fall?
   The Economists' Voice, 2006, 3, (4), 1-1
10. Strategic Implications of Uncertainty over One's Own Private Value in Auctions
    The B.E. Journal of Theoretical Economics, 2006, 6, (1), 1-22 View citations (33)
    See also Working Paper (2004)

2004

11. Agency Law and Contract Formation
    American Law and Economics Review, 2004, 6, (2), 369-409 View citations (4)
    See also Working Paper (2004)

2002

12. Bertrand Competition Under Uncertainty
    Journal of Industrial Economics, 2002, 50, (1), 11-21 View citations (49)
    See also Working Paper (2001)

2001

13. Can High Prices Ensure Product Quality when Buyers Do Not Know the Sellers' Cost?
    Economic Inquiry, 2001, 39, (4), 561-67 View citations (2)
    See also Working Paper (1999)
14. Explaining Incomplete Contracts as the Result of Contract-Reading Costs
    The B.E. Journal of Economic Analysis & Policy, 2001, 1, (1), 1-39 View citations (9)
15. Why Is the Japanese Conviction Rate So High?
    The Journal of Legal Studies, 2001, 30, (1), 53-88 View citations (17)
    See also Working Paper (1999)

2000

16. Book reviews
    Journal of Economics, 2000, 71, (3), 316-342 View citations (3)
17. Naked Exclusion: Reply
    American Economic Review, 2000, 90, (1), 310-311 View citations (5)
    See also Working Paper (1999)
18. The Uneasy Case for the Flat Tax
    Constitutional Political Economy, 2000, 11, (4), 295-318 View citations (1)
    See also Working Paper (1999)

1999

19. Creating and enforcing norms, with special reference to sanctions1
    International Review of Law and Economics, 1999, 19, (3), 369-382 View citations (81)

1998

20. Observed Choice and Optimism in Estimating the Effects of Government Policies
    Public Choice, 1998, 97, (1-2), 65-91
21. Private Truths, Public Lies: The Social Consequences of Preference Falsification: Timur Kuran, (Harvard University Press, Cambridge, MA, 1995)
    Journal of Economic Behavior & Organization, 1998, 33, (2), 309-311
22. The Economics of Desecration: Flag Burning and Related Activities
    The Journal of Legal Studies, 1998, 27, (2), 245-69 View citations (5)
23. The observed choice problem in estimating the cost of policies
    Economics Letters, 1998, 61, (1), 13-15 View citations (1)

1997

24. Choosing among Signalling Equilibria in Lobbying Games: A Reply to Sloof
    Public Choice, 1997, 91, (2), 209-14
25. Judicial Independence in a Civil Law Regime: The Evidence from Japan
    The Journal of Law, Economics, and Organization, 1997, 13, (2), 259-86 View citations (32)
26. The Learning Curve in a Competitive Industry
    RAND Journal of Economics, 1997, 28, (2), 248-268 View citations (24)
    See also Working Paper (1995)

1996

27. Stigma and Self-Fulfilling Expectations of Criminality
    Journal of Law and Economics, 1996, 39, (2), 519-43 View citations (123)
    See also Working Paper (1995)
28. The Posner argument for transferring health spending from old women to olden men
    Economics Letters, 1996, 53, (3), 337-339 View citations (2)
    See also Working Paper (1996)

1995

29. How optimal penalties change with the amount of harm
    International Review of Law and Economics, 1995, 15, (1), 101-108 View citations (8)
30. Predictable and unpredictable error in tort awards: The effect of plaintiff self-selection and signaling
    International Review of Law and Economics, 1995, 15, (3), 323-345 View citations (10)

1994

31. Cheap Bribes and the Corruption Ban: A Coordination Game among Rational Legislators
    Public Choice, 1994, 78, (3-4), 305-27 View citations (32)
32. Judicial Legitimacy as a Repeated Game
    The Journal of Law, Economics, and Organization, 1994, 10, (1), 63-83 View citations (27)
    See also Working Paper (1993)

1993

33. Lobbying When the Decisionmaker Can Acquire Independent Information
    Public Choice, 1993, 77, (4), 899-913 View citations (18)
34. Mutual and Unilateral Mistake in Contract Law
    The Journal of Legal Studies, 1993, 22, (2), 309-43 View citations (3)
    See also Working Paper (1992)

1992

35. An Income-Satiation Model of Efficiency Wages
    Economic Inquiry, 1992, 30, (3), 467-78 View citations (10)

1991

36. Extending the Economic Theory of Regulation to the Form of Policy
    Public Choice, 1991, 72, (2-3), 167-91 View citations (13)
37. Naked Exclusion
    American Economic Review, 1991, 81, (5), 1137-45 View citations (163)

1990

38. Diseconomies of Scale in Employment Contracts
    The Journal of Law, Economics, and Organization, 1990, 6, (1), 65-92 View citations (14)

1989

39. A simple model of product quality with elastic demand
    Economics Letters, 1989, 29, (4), 281-283 View citations (3)

1988

40. Entry for Buyout
    Journal of Industrial Economics, 1988, 36, (3), 281-99 View citations (27)
41. Mutual Banks and Stock Banks
    Journal of Law and Economics, 1988, 31, (2), 395-421 View citations (67)

1987

42. Moral Hazard in Risk-Averse Teams
    RAND Journal of Economics, 1987, 18, (3), 428-435 View citations (84)

Chapters

2007

1. Norms and the Law
   Elsevier View citations (38)