“The rate at which a simple market converges to efficiency as the number of traders increases: An asymptotic result for optimal trading mechanisms,” with Mark A. Satterthwaite, June 1989, Journal of Economic Theory (48):304-332. Reprinted in Bargaining with Incomplete Information, edited by P. Linhart, R. Radner, and M. Satterthwaite, Academic Press, 1992.
“The efficiency of linear equilibria of sealed-bid double auctions,” February 1991, Journal of Economic Theory (53):173-184. Reprinted in Bargaining with Incomplete Information, edited by P. Linhart, R. Radner, and M. Satterthwaite, Academic Press, 1992.
“Efficient bilateral trade with statistically dependent beliefs,” February 1991, Journal of Economic Theory (53): 199-205.
“Ex ante efficient, ex post individually rational trade,” February 1991, Journal of Economic Theory (53): 131-145. Abstract printed in Zentralblatt für Mathematik, 1991. Reprinted in Bargaining with Incomplete Information, edited by P. Linhart, R. Radner, and M. Satterthwaite, Academic Press, 1992.
“Ex ante incentive efficient trading mechanisms without the private valuation restriction,” October 1991, Journal of Economic Theory (55):41-63.
“Incentive compatible regulation of a foreign-owned subsidiary,” with Douglas R. Nelson, May 1994, Journal of International Economics (36):309-331.
“Incentive-efficient equilibria of two-party sealed-bid bargaining games,” January 1996, Journal of Economic Theory (68):26-48.
“Regulation of multinational firms with two active governments: A common agency approach,” with Eric W. Bond, January 1996, Journal of Public Economics (59):33-54.
“Competition between asymmetrically informed principals,” with Eric W. Bond, September 1997, Economic Theory (10):227-240.
“Arm’s-length transfer pricing and national welfare,” in Advances in Applied Microeconomics, volume 8, edited by Michael R. Baye,1999.
“The strategic effects of batch processing,” with Edward C. Mansley, August 2001, International Economic Review (42):697-728.
“The taxing task of taxing transnationals,” September 2001, Journal of Economic Literature (39):800-838.
“Rationing rules and European Central Bank auctions,” November 2001, Journal of International Money and Finance (20):793-808.
“Tax competition and foreign capital,” with Ronald Davies, March 2003, International Tax and Public Finance (10):127-145.
“Transfer Pricing in Vertically Integrated Industries,” with Petter Osmundsen, June 2008, International Tax and Public Finance (15):231-255.
Separate Accounting vs. Formula Apportionment: A Private Information Perspective, January 2010, European Economic Review (54):133-149, dx.doi.org/10.1016/j.euroecorev.2009.06.008.
The Effects of Statistically Dependent Values on Equilibrium Strategies of Bilateral k-Double Auctions, May 2011, Games and Economic Behavior 72:139-148, dx.doi.org/10.1016/j.geb.2010.07.002.
Efficient Delegation by an Informed Principal, with Eric Bond, Fall 2011, Journal of Economics and Management Strategy 20:887-924.
“Assessing the normative differences between formula apportionment and separate accounting,” in Fundamentals of International Transfer Pricing in Law and Economics, W. Schoen and K. Konrad, eds., Springer-Verlag Berlin Heidelberg, 2012.
Allowing Firms to Choose Between Separate Accounting and Formula Apportionment Taxation, June 2016, Journal of Public Economics, 138:32-42, dx.doi.org/10.1016/j.jpubeco.2016.04.002.
Immobilizing corporate income shifting: Should it be safe to strip in the harbor?, with Dirk Schindler and Guttorm Schjelderup, August 2017, Journal of Public Economics 152:68-78, dx.doi.org/10.1016/j.jpubeco.2017.06.001.
Unilateral Tax Reform: Border Adjusted Taxes, Cash Flow Taxes, and Transfer Pricing with Eric Bond, April 2020, Journal of Public Economics Article 104160, doi.org/10.1016/j.jpubeco.2020.104160.
On the incentive compatibility of universal adoption of destination-based cash flow taxation, with Eric Bond, published October 2022, in print December 2023, International Tax and Public Finance 30:1576 – 1600, doi.org/10.1007/s10797-022-09766-6.
Tax induced transfer pricing under global adoption of the destination-based cash-flow taxation, with Guttorm Schjelderup, published June 2023, in print February 2024, International Tax and Public Finance, 31:243 – 261, https://doi.org/10.1007/s10797-023-09783-z .
Tax policy competition under destination-based taxation, with Thomas Beyer, published January 2024, Review of International Economics, http://doi.org/10.1111/roie.12729 .
Theoretical analyses of tax havens, with John D. Wilson, forthcoming in Research Handbook on the Economics of Tax Havens, edited by A. Lejour and D. Schindler, Cheltenham: Edward Elgar Publishing.
Work in progress and unpublished working papers
Playing easy or playing hard to get: When and how to to attract FDI, with Dirk Schindler and Guttorm Schjelderup, July 2020, this version May 2023, CESifo Working Paper No. 8415, pdf.
Tax havens, accounting experts, and fee-setting rules with Kai Konrad, November 2017, pdf.
R&D investment, asymmetric costs, and research joint ventures with Alejandro Montecinos, revised June 2018, pdf.
Optimal compensation with earnings manipulation: managerial ownership and retention with Keith Crocker, December 2012, pdf.
“The number of traders required to make a market competitive: The beginnings of a theory,” with Mark A. Satterthwaite, CMSEMS Discussion Paper No. 551, Northwestern University, February 1983.
“Competitive vs. regulatory cost containment: Fundamental prospects and problems,” Mark A. Satterthwaite, Edward F.X. Hughes, Mark V. Pauly, Thomas Gresik, Jack Joyce, and Andrew Melczer, Working Paper No. 59, Center for Health Services and Policy Research, Northwestern University, July 1981.