Konstantinos Serfes
Associate Professor of Economics
Ph.D. Director, Department of Economics and
International Business
Department of Economics and International Business
LeBow College of Business
Drexel University
Philadelphia, PA 19104
503L Matheson Hall
Phone: (215) 895-6816
Education:
Ph.D. (Economics) University of Illinois at Champaign-Urbana, 1998
M.S. (Mathematics) University of Illinois at Champaign-Urbana, 1996
M.A. (Economics) Athens University of Economics and Business, 1992
B.A. (Economics) Athens University of Economics and Business, 1990
Research interests:
Industrial
Organization, Game Theory and Microeconomics
Publications in Refereed Journals
1.
Location
decisions of competing networks, (with Eleftherios
Zacharias). NET Institute Working Paper # 09-18. Journal of Economics &
Management Strategy, forthcoming.
2.
Minimum
quality standard regulation under imperfect quality observability,
(with Min Chen), Journal of Regulatory Economics, forthcoming.
3.
Patent
settlements as a barrier to entry, (with Anne Duchene), Journal
of Economics & Management Strategy, forthcoming.
4.
Third-degree price
discrimination, (with Qihong Liu), Journal of Industrial Organization
Education, Vol. 5, Iss. 1, Article 5 (2010).
5.
Public goods and tax competition in a two-sided market,
(with Christos Kotsogiannis), Journal of Public Economic Theory, 12 (2),
281-321 (2010).
6.
Retailer
price distributions and promotional activities, (with Adam D.
Rennhoff), Economics Letters, 103, 91-95, (2009).
7.
The role of upstream-downstream competition on bundling
decisions: Should regulators force firms to unbundle?, (with Adam D.
Rennhoff), Journal of Economics & Management Strategy, vol. 18, n.
2, 547-588 (2009).
8.
Endogenous matching in a market with heterogeneous
principals and agents, International
Journal of Game Theory, 36, 587-619 (2008), (special issue in honor of
David Gale).
9.
Product customization, (with Dan Bernhardt and
Qihong Liu), European Economic Review, 51, 1396-1422 (2007).
10.
Market segmentation and collusive behavior, (with
Qihong Liu), International Journal of Industrial Organization, 25,
355-378 (2007).
11.
A location model with preference for variety,
(with Hyunho Kim), The Journal of Industrial Economics, LIV, 4, 569-595
(2006).
12.
Customer information sharing among rival firms,
(with Qihong Liu), European Economic Review, 50, 1571-1600 (2006).
13.
Imperfect price discrimination, market structure and
efficiency, (with Qihong Liu), Canadian Journal of Economics,
38, 1191-1203 (2005).
14.
Risk
sharing vs. incentives: Contract design under two-sided heterogeneity,
Economics Letters, 88, 343-349 (2005).
15.
Imperfect price discrimination in a vertical differentiation
model, (with Qihong Liu), International Journal of Industrial Organization,
23, 341-354 (2005).
16.
Quality of information and oligopolistic price
discrimination, (with Qihong Liu), Journal of Economics &
Management Strategy, vol. 13, n. 4, 671-702 (2004).
18.
Semicollusion vs.
full collusion: The role of demand uncertainty and product substitutability,
(with George Deltas), Journal of Economics (Zeitschrift
für Nationalökonomie) 77, 111-139 (2002), Lead article.
19.
Intertemporal discounting and tenurial
contracts, (with Jaideep Roy), Journal of Development Economics
64, 417-436 (2001).
20.
Non-myopic
learning in differential information economies: The core, Economic
Theory 18, 333-348 (2001).
22.
Learning in Bayesian games by boundedly
rational players II: Nonmyopia (with Nicholas C. Yannelis), Macroeconomic Dynamics 2,
141-155 (1998), Lead article.
Publications in Books
23.
Collusion and distribution of profits under differential
information, (with Nicholas C. Yannelis), in Economic Theory
and Applications, edited by C.D. Aliprantis, A. Alkan and N.C. Yannelis, Springer-Verlag,
455-473 (1999).
Completed Papers
1.
Is
the effect of competition on price dispersion non-monotonic? Evidence from the
U.S. airline industry, (with Mian Dai and Qihong Liu). Revision
requested by The Review of Economics and Statistics.
2.
Price
discrimination in two-sided markets, (with Qihong Liu). NET
Institute Working Paper # 07-25. Revised and resubmitted to Journal of
Economics & Management Strategy.
3.
The comparison
of ad valorem and specific taxation under uncertainty, (with Christos Kotsogiannis). Revision
requested by Journal of Public Economic Theory.
4.
Bundling,
a la carte pricing and vertical bargaining in a two-sided model,
(with Minghua Chen and Adam D. Rennhoff).
5.
Matching and contracting in the venture capital market,
(with Jose M. Plehn-Dujowich and Veikko Thiele).
6.
Technology
transfer and entry deterrence, (with Anne Duchene and Debapriya Sen).
7.
Strategic managerial compensation arising from product
market competition, (with Jose M. Plehn-Dujowich).
8.
Estimating
the effects of a la carte pricing: The case of cable television,
(with Adam D. Rennhoff).
9.
Efficiency,
welfare and ownership of private information, (with Qihong Liu).
10.
Duration of tenancy contracts, (with Jaideep
Roy).
Work in Progress
1.
Estimating
the demand effects of in-store advertising: Explaining the display-price
paradox, (with Adam D. Rennhoff).
2.
Store
heterogeneity and slotting allowances (with Adam D. Rennhoff).
3.
A la
carte cable and the market for television advertising, (with Minghua Chen and Adam D. Rennhoff).