Details about Stephen Walter Salant

Homepage:	http://www-personal.umich.edu/~ssalant/
Workplace:	Economics Department, University of Michigan, (more information at EDIRC) Resources for the Future (RFF), (more information at EDIRC)

Access statistics for papers by Stephen Walter Salant.

Last updated 2023-07-07. Update your information in the RePEc Author Service.

Short-id: psa604

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Jump to Journal Articles Edited books Chapters

Working Papers

2021

1. Arbitrage Deterrence: A Theory of International Drug Pricing
   RFF Working Paper Series, Resources for the Future

2015

2. The Dynamics of Pollution Permits
   RFF Working Paper Series, Resources for the Future View citations (12)
   See also Journal Article in Annual Review of Resource Economics (2015)
3. What Ails the European Union's Emissions Trading System? Two Diagnoses Calling for Different Treatments
   RFF Working Paper Series, Resources for the Future View citations (4)

2014

4. Cap-and-Trade Programs under Delayed Compliance
   RFF Working Paper Series, Resources for the Future View citations (15)
   Also in RFF Working Paper Series, Resources for the Future (2012) View citations (8)
5. Hotelling Under Pressure
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (47)
   Also in RFF Working Paper Series, Resources for the Future View citations (129)
   See also Journal Article in Journal of Political Economy (2018)
6. The Effect of Stochastic Oscillations in Property Rights Regimes on Forest Output in China
   RFF Working Paper Series, Resources for the Future
   Also in RFF Working Paper Series, Resources for the Future (2013)
7. The Hotelling Model with Multiple Demands
   Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ View citations (2)
   Also in Cahiers de recherche, Universite de Montreal, Departement de sciences economiques (2014) View citations (2)
   RFF Working Paper Series, Resources for the Future (2014) View citations (2)

2013

8. Experimental Departures from Self-Interest when Competing Partnerships Share Output
   RFF Working Paper Series, Resources for the Future View citations (3)
   See also Journal Article in Experimental Economics (2015)

2012

9. Alternative Climate Policies and Intertemporal Emissions Leakage: Quantifying the Green Paradox
   RFF Working Paper Series, Resources for the Future View citations (23)
10. Cap-and-Trade Programs under Continual Compliance
    RFF Working Paper Series, Resources for the Future View citations (2)
11. The Equilibrium Price Path of Timber in the Absence of Replanting
    RFF Working Paper Series, Resources for the Future View citations (1)

2010

12. Diversify or focus: spending to combat infectious diseases when budgets are tight
    MPRA Paper, University Library of Munich, Germany View citations (7)
    Also in RFF Working Paper Series, Resources for the Future (2010) View citations (7)
    See also Journal Article in Journal of Health Economics (2012)
13. Markets with Untraceable Goods of Unknown Quality: A Market Failure Exacerbated by Globalization
    RFF Working Paper Series, Resources for the Future View citations (2)
    Also in MPRA Paper, University Library of Munich, Germany (2009)
14. Regulating an Experience Good Produced in the Formal Sector of a Developing Country when Consumers Cannot Identify Producers
    RFF Working Paper Series, Resources for the Future
    See also Journal Article in Review of Development Economics (2012)
15. Size Matters (in Output-Sharing Groups): Voting to End the Tragedy of the Commons
    RFF Working Paper Series, Resources for the Future
16. Willpower and the Optimal Control of Visceral Urges
    RFF Working Paper Series, Resources for the Future View citations (11)
    Also in Economics Working Papers, Institute for Advanced Study, School of Social Science (2006) View citations (31)
    Levine's Working Paper Archive, David K. Levine (2006) View citations (13)
    Levine's Working Paper Archive, David K. Levine (2005) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (13)
    See also Journal Article in Journal of the European Economic Association (2012)

2009

17. A Free Lunch in the Commons
    RFF Working Paper Series, Resources for the Future View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (3)
    See also Journal Article in Journal of Environmental Economics and Management (2011)

2008

18. Putting Free-Riding to Work: A Partnership Solution to the Common-Property Problem
    MPRA Paper, University Library of Munich, Germany View citations (11)
    See also Journal Article in Journal of Environmental Economics and Management (2009)
19. The Welfare Costs of Unreliable Water Service
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article in Journal of Development Economics (2010)

2006

20. The economics of mutualisms: optimal utiliztion of mycorrhizal mutualistic partners by plants
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (3)

2005

21. Partnerships: A Potential Solution to the Common-Property Problem but a Problem for a Antitrust Authorities
    Levine's Working Paper Archive, David K. Levine

2002

22. The Effects of Periodic Quotas Limiting the Stock of Imports of Durables
    Cahiers de recherche, Universite de Montreal, Departement de sciences economiques
    See also Journal Article in Journal of Economic Theory (2003)
23. Using Lorenz curves to represent firm heterogeneity in Cournot games
    MPRA Paper, University Library of Munich, Germany

2001

24. Spatially and Intertemporally Efficient Waste Management: The Costs of Interstate Flow Control
    Public Economics, University Library of Munich, Germany View citations (7)
    Also in Working Papers, FEDEA View citations (3)

1997

25. Can government gold be put to better use?: Qualitative and quantitative policies
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
26. Intertemporal and Spatial Depletion of Landfills
    Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ View citations (3)
    Also in Cahiers de recherche, Universite de Montreal, Departement de sciences economiques (1997)
    Working Papers, Michigan - Center for Research on Economic & Social Theory (1997) View citations (2)
27. Optimal Asymmetric Strategies in Research Joint Ventures
    Working Papers, Michigan - Center for Research on Economic & Social Theory
    See also Journal Article in International Journal of Industrial Organization (1998)
28. Private Storage of Common Property
    Cahiers de recherche, Universite de Montreal, Departement de sciences economiques View citations (3)
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1997) View citations (1)
    See also Journal Article in Journal of Environmental Economics and Management (2002)

1996

29. Game Theory and the Law: Is Game Theory Ready for Prime Time?
    MPRA Paper, University Library of Munich, Germany
30. Game theory and the law: ready for prime time?
    MPRA Paper, University Library of Munich, Germany

1995

31. Deducing Implications of Fitness Maximization when a Tradeoff Exists Among Alternative Currencies
    Working Papers, Michigan - Center for Research on Economic & Social Theory
32. When is the Standard Analysis of Common Property Extraction Under Free Access Correct? -- A Game - Theoretic Justification for Non Game-Theoretic Analyses
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (6)
    See also Journal Article in Journal of Political Economy (1999)

1992

33. Cartel Quotas Under Majority Rule
    Working Papers, Michigan - Center for Research on Economic & Social Theory
    See also Chapter (1996)
    Journal Article in American Economic Review (1995)
34. Intertemporal Self-Selection with Multiple Buyers Under Complete and Incomplete Information
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (1)
35. Optimal Asymmetric Strategies in Research Joint Ventures: A Comment on the Literature
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (5)
36. Surviving Winter: A Fitness-Based Explanation of Hoarding and Hibernation
    Working Papers, Michigan - Center for Research on Economic & Social Theory
37. The Limits of Monopolization Through Acquisition: Further Results
    Cahiers de recherche du Département des sciences économiques, UQAM, Université du Québec à Montréal, Département des sciences économiques View citations (3)
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1992) View citations (1)
38. Towards a theory of horizontal mergers
    MPRA Paper, University Library of Munich, Germany View citations (14)
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1989) View citations (4)

1991

39. Price Discrimination and Intertemporal Self-Selection
    Working Papers, Michigan - Center for Research on Economic & Social Theory

1990

40. For Sale by Owner: When to Use a Realtor and How to Price the House
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (3)

1989

41. PREDICTING COMMITTEE BEHAVIOR IN MAJORITY-RULE VOTING EXPERIMENTS
    Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (3)
    See also Journal Article in RAND Journal of Economics (1990)

1988

42. PACMAN REFUTES THE COASE CONJECTURE: DURABLE-GOODS MONOPOLY WITH DISCRETE DEMAND
    Working Papers, Michigan - Center for Research on Economic & Social Theory
43. THE PROFITABILITY OF EXOGENEOUS OUTPUT CONTRACTIONS: A COMPARATIVE- STATIC ANALYSIS WITH APPLICATION TO STRIKES, MERGERS AND EXPORT SUBSIDIES
    Cahiers de recherche, Université Laval - Département d'économique
44. THE PROFITABILITY OF EXOGENOUS OUTPUT CONTACTIONS
    Working Papers, Michigan - Center for Research on Economic & Social Theory
45. UNIQUENESS OF COURNOT EQUILIBRIUM: NEW RESULTS FROM OLD METHODS
    Cahiers de recherche, Université Laval - Département d'économique View citations (3)
    Also in Working Papers, Michigan - Center for Research on Economic & Social Theory (1988) View citations (3)
    See also Journal Article in Review of Economic Studies (1991)

1984

46. Litigation of Settlement Demands Questioned by Bayesian Defendants
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences

1982

47. Imperfect competition in the international energy market: a computerized Nash-Cournot model
    MPRA Paper, University Library of Munich, Germany View citations (31)
    See also Journal Article in Operations Research (1982)

1981

48. Recurrence of a modified random walk and its application to an economic model
    MPRA Paper, University Library of Munich, Germany
49. Transversality conditions in infinite horizon models
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (3)

1977

50. Staving off the backstop: dynamic limit-pricing with a kinked demand curve
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (15)

1976

51. Hirshleifer on speculation
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (4)
    See also Journal Article in The Quarterly Journal of Economics (1976)
52. Market anticipations, government policy, and the price of gold
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (88)

1975

53. Gains from trade under uncertainty, once again
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
54. Nash-Cournot equilibrium for an exhaustible resource like oil
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
55. No end to the 'age of zinc': the length of the optimal program when depletion affects extraction costs
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)

1974

56. Profitable speculation, price stability, and welfare
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
57. Search theory and duration data: a theory of sorts
    Special Studies Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (9)
    See also Journal Article in The Quarterly Journal of Economics (1977)

Journal Articles

2022

1. The effects of “nonbinding” price floors
   European Economic Review, 2022, 145, (C) View citations (3)

2018

2. Hotelling under Pressure
   Journal of Political Economy, 2018, 126, (3), 984 - 1026 View citations (106)
   See also Working Paper (2014)
3. Modeling Nonrenewable Resources Use with Multiple Demands and Multiple Sources
   Environmental & Resource Economics, 2018, 70, (4), 737-755 View citations (2)
4. Should Congestion Tolls be Set by the Government or by the Private Sector? The Knight–Pigou Debate Revisited
   Economica, 2018, 85, (339), 428-448 View citations (3)

2017

5. Balancing the carbon budget for oil: The distributive effects of alternative policies
   European Economic Review, 2017, 99, (C), 191-215 View citations (24)

2016

6. Forest loss, monetary compensation, and delayed re-planting: The effects of unpredictable land tenure in China
   Journal of Environmental Economics and Management, 2016, 78, (C), 49-66 View citations (7)
7. Markets with untraceable goods of unknown quality: Beyond the small-country case
   Journal of International Economics, 2016, 100, (C), 112-119 View citations (10)
8. The strategic use of early bird discounts for dealers
   Quantitative Marketing and Economics (QME), 2016, 14, (2), 97-127
9. What ails the European Union׳s emissions trading system?
   Journal of Environmental Economics and Management, 2016, 80, (C), 6-19 View citations (47)

2015

10. Experimental departures from self-interest when competing partnerships share output
    Experimental Economics, 2015, 18, (1), 89-115 View citations (5)
    See also Working Paper (2013)
11. The Dynamics of Pollution Permits
    Annual Review of Resource Economics, 2015, 7, (1), 61-79 View citations (12)
    See also Working Paper (2015)

2014

12. Cap-and-trade programs under delayed compliance: Consequences of interim injections of permits
    Journal of Public Economics, 2014, 119, (C), 24-34 View citations (16)

2013

13. The equilibrium price path of timber in the absence of replanting: does Hotelling rule the forests too?
    Resource and Energy Economics, 2013, 35, (4), 572-581 View citations (10)

2012

14. Diversify or focus? Spending to combat infectious diseases when budgets are tight
    Journal of Health Economics, 2012, 31, (4), 658-675 View citations (6)
    See also Working Paper (2010)
15. Regulating an Experience Good Produced in the Formal Sector of a Developing Country when Consumers Cannot Identify Producers
    Review of Development Economics, 2012, 16, (4), 512-526 View citations (1)
    See also Working Paper (2010)
16. WILLPOWER AND THE OPTIMAL CONTROL OF VISCERAL URGES
    Journal of the European Economic Association, 2012, 10, (2), 342-368 View citations (49)
    See also Working Paper (2010)

2011

17. A free lunch in the commons
    Journal of Environmental Economics and Management, 2011, 61, (3), 245-253 View citations (6)
    See also Working Paper (2009)

2010

18. The welfare costs of unreliable water service
    Journal of Development Economics, 2010, 92, (1), 1-12 View citations (21)
    See also Working Paper (2008)

2009

19. Putting free-riding to work: A Partnership Solution to the common-property problem
    Journal of Environmental Economics and Management, 2009, 57, (3), 309-320 View citations (30)
    See also Working Paper (2008)

2007

20. Book Review
    Economic Development and Cultural Change, 2007, 55, (4), 848-852
21. The benefits of expediting government gold sales
    Review of Financial Economics, 2007, 16, (3), 235-258
    Also in Review of Financial Economics, 2007, 16, (3), 235-258 (2007) View citations (2)

2003

22. The effects of periodic quotas limiting the stock of imports of durables
    Journal of Economic Theory, 2003, 109, (2), 402-419 View citations (2)
    See also Working Paper (2002)

2002

23. Private Storage of Common Property
    Journal of Environmental Economics and Management, 2002, 43, (2), 280-302 View citations (19)
    See also Working Paper (1997)
24. Spatially and Intertemporally Efficient Waste Management: The Costs of Interstate Trade Restrictions
    Journal of Environmental Economics and Management, 2002, 43, (2), 188-218 View citations (18)

2001

25. Intertemporal Depletion of Resource Sites by Spatially Distributed Users
    American Economic Review, 2001, 91, (4), 1149-1159 View citations (85)

2000

26. Restricting the Trash Trade
    American Economic Review, 2000, 90, (2), 243-246 View citations (9)

1999

27. Unequal Treatment of Identical Agents in Cournot Equilibrium
    American Economic Review, 1999, 89, (3), 585-604 View citations (107)
28. When Is the Standard Analysis of Common Property Extraction under Free Access Correct? A Game-Theoretic Justification for Non-Game-Theoretic Analyses
    Journal of Political Economy, 1999, 107, (4), 843-858 View citations (13)
    See also Working Paper (1995)

1998

29. Optimal asymmetric strategies in research joint ventures
    International Journal of Industrial Organization, 1998, 16, (2), 195-208 View citations (105)
    See also Working Paper (1997)

1995

30. Cartel Quotas under Majority Rule
    American Economic Review, 1995, 85, (1), 82-102 View citations (23)
    See also Working Paper (1992)
    Chapter (1996)
31. Intertemporal Self-Selection with Multiple Buyers
    Economic Theory, 1995, 5, (3), 513-26 View citations (8)
32. The Economics of Natural Resource Extraction: A Primer for Development Economists
    The World Bank Research Observer, 1995, 10, (1), 93-111 View citations (8)

1992

33. Mergers of producers of perfect complements competing in price
    Economics Letters, 1992, 39, (3), 359-364 View citations (27)

1991

34. For Sale by Owner: When to Use a Broker and How to Price the House
    The Journal of Real Estate Finance and Economics, 1991, 4, (2), 157-73 View citations (41)
35. Increasing the Profits of a Subset of Firms in Oligopoly Models with Strategic Substitutes
    American Economic Review, 1991, 81, (3), 658-65 View citations (70)
36. Uniqueness of Cournot Equilibrium: New Results From Old Methods
    Review of Economic Studies, 1991, 58, (2), 399-404 View citations (72)
    See also Working Paper (1988)

1990

37. Predicting Committee Behavior in Majority Rule Voting Experiments
    RAND Journal of Economics, 1990, 21, (2), 293-313 View citations (10)
    See also Working Paper (1989)

1989

38. Durable-Goods Monopoly with Discrete Demand
    Journal of Political Economy, 1989, 97, (6), 1459-78 View citations (85)
39. When is Inducing Self-Selection Suboptimal for a Monopolist?
    The Quarterly Journal of Economics, 1989, 104, (2), 391-397 View citations (59)

1987

40. Treble Damage Awards in Private Lawsuits for Price Fixing
    Journal of Political Economy, 1987, 95, (6), 1326-36 View citations (23)

1984

41. Preemptive Patenting and the Persistence of Monopoly: Comment
    American Economic Review, 1984, 74, (1), 247-50 View citations (31)
42. THE DESIGN OF A SELF‐ENFORCING MULTILATERAL AGREEMENT AMONG OIL‐lMPORTING COUNTRlES
    Contemporary Economic Policy, 1984, 2, (5), 58-75

1983

43. Losses From Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium
    The Quarterly Journal of Economics, 1983, 98, (2), 185-199 View citations (851)
44. The Vulnerability of Price Stabilization Schemes to Speculative Attack
    Journal of Political Economy, 1983, 91, (1), 1-38 View citations (67)
45. The length of optimal extraction programs when depletion affects extraction costs
    Journal of Economic Theory, 1983, 31, (2), 364-374 View citations (25)

1982

46. Imperfect Competition in the International Energy Market: A Computerized Nash-Cournot Model
    Operations Research, 1982, 30, (2), 252-280 View citations (20)
    See also Working Paper (1982)

1978

47. Market Anticipations of Government Policies and the Price of Gold
    Journal of Political Economy, 1978, 86, (4), 627-48 View citations (162)

1977

48. Search Theory and Duration Data: A Theory of Sorts
    The Quarterly Journal of Economics, 1977, 91, (1), 39-57 View citations (121)
    See also Working Paper (1974)

1976

49. Exhaustible Resources and Industrial Structure: A Nash-Cournot Approach to the World Oil Market
    Journal of Political Economy, 1976, 84, (5), 1079-93 View citations (175)
50. Hirshleifer on Speculation
    The Quarterly Journal of Economics, 1976, 90, (4), 667-675 View citations (5)
    See also Working Paper (1976)

Edited books

2007

1. Cartels, vol Two volume set
   Books, Edward Elgar Publishing

Chapters

1996

1. Cartel Quotas under Majority Rule
   A chapter in Agricultural Markets, 1996, pp 273-309
   See also Working Paper (1992)
   Journal Article in American Economic Review (1995)