Issue Information

• Date: 01 November 2016
• DOI: http://doi.org/10.1111/1756-2171.12107
• Published date: 01 November 2016

The RAND Journal

of Economics

VOL. 47, NO. 4

Winter 2016

TABLE OF CONTENTS

ARTICLES

751 Dynamic auction environment with

subcontracting

PRZEMYSLAW JEZIORSKI and

ELENA KRASNOKUTSKAYA

792 Preferences, entry, and market structure

PAOLO BERTOLETTI and FEDERICO ETRO

822 No news is good news: voluntary disclosure in

the face of litigation

IV ´

AN MARINOVIC and FELIPE VARAS

857 Regulation and welfare: evidence from

paragraph IV generic entry in the

pharmaceutical industry

LEE BRANSTETTER, CHIRANTAN CHATTERJEE and

MATTHEW J. HIGGINS

891 Passive vertical integration and strategic

delegation

MATTHIAS HUNOLD and KONRAD STAHL

914 Procurement under public scrutiny: auctions

versus negotiations

VITALI GRETSCHKO and ACHIM WAMBACH

935 Information acquisition, referral, and

organization

SIMONA GRASSI and CHING-TO ALBERT MA

961 Horizontal mergers and divestment dynamics

in a sunset industry

MASATO NISHIWAKI

998 The welfare cost of unpriced heterogeneity in

insurance markets

VALENTINO DARDANONI and PAOLO Li DONNI

1029 Push-me pull-you: comparative advertising in

the OTC analgesics industry

SIMON P. ANDERSON, FEDERICO CILIBERTO,

JURA LIAUKONYTE and R´

EGIS RENAULT

1057 Understanding in-house transactions in the

real estate brokerage industry

LU HAN and SEUNG-HYUN HONG