Working Papers
Working Papers
We study a dynamic durable-goods monopoly model of differentiated digital goods. We establish a folk theorem: when agents are sufficiently patient, any seller payoff ranging from the lowest buyer valuation up to approximately the static commitment monopoly payoff can be sustained in equilibrium. This result emerges from two fundamental characteristics unique to digital goods: free disposability on the buyer side and zero marginal costs on the seller side. Our analysis provides economic intuition consistent with empirical evidence documenting substantially higher markups in digital-intensive industries compared to traditional manufacturing sectors.
Sequentially Optimal Pricing under Informational Robustness
abstract in EC' 25
(Last update: June 2024)
with Jonathan A. Libgober and Xiaosheng Mu
The Dynamics of Verification when Searching for Quality
R&R at Review of Economic Studies
abstract in EC' 24
(Last update: July 2025)
with Jonathan A. Libgober
Pre-PhD work
Generalized Matrix Nearness Problems
SIAM Journal on Matrix Analysis and Applications, 44 (2023), no. 4, pp. 1706–1730
with Lek-Heng Lim, (Pre-PhD work)
Latent Space Diffusion Models of Cryo-EM Structures
NeurIPS Workshop on Machine Learning for Structural Biology (MLSB), Dec 2022
with Karsten Kreis*, Tim Dockhorn*, and Ellen D Zhong, (Pre-PhD work)