“...The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the...”

“...We provide a road map to the burgeoning literature on two-sided markets and present new results. We identify two-sided markets with markets in which the...”

“...Twenty years ago, most banking courses focused on either management or monetary aspects of banking, with no connecting. Since then, a microeconomic theory of...”

“...We study the two‐product monopoly profit maximization problem for a seller who can commit to a dynamic pricing strategy. We show that if consumers' valuations...”

“...Credit rating agencies (CRAs) are accused of bearing a strong responsibility for contributing to the subprime crisis by having been deliberately too lax in the...”

“...We study an optimal dividend problem under a bankruptcy constraint. Firms face a trade‐off between potential bankruptcy and extraction of profits. In contrast...”

“...Almost every country in the world has sophisticated systems to prevent banking crises. Yet such crises--and the massive financial and social damage they can...”