Marx Leslie M.

WORKING PAPERS:

• "Rent Shifting and Efficiency in Sequential Contracting," joint with Greg Shaffer.
• "Individual Accountability in Teams," joint with Francesco Squintani.
• "Bargaining Power in Sequential Contracting," joint with Greg Shaffer.
• "Opportunism and Nondiscrimination Clauses," joint with Greg Shaffer.
• "Upfront Payments and Exclusion," joint with Greg Shaffer - Preliminary.

PUBLICATIONS:

• "Adverse Specialization," joint with Glenn M. MacDonald, Journal of Political Economy 109, 864-899 (2001).
• "Dynamic Voluntary Contribution to a Public Project," joint with Steven A. Matthews, Review of Economic Studies 67, 327-358 (2000).
• "Predatory Accommodation: Below-Cost Pricing Without Exclusion in Intermediate Goods Markets," joint with Greg Shaffer, RAND Journal of Economics 30, 22-43 (1999).
• "Adaptive Learning and Iterated Weak Dominance," Games and Economic Behavior 26, 2, 253-278 (1999).
• "Payments for Order Flow on NASDAQ," joint with Eugene Kandel, Journal of Finance 54, 1, 35-66 (1999).
• "Odd-Eighth Avoidance as a Defense Against SOES Bandits," joint with Eugene Kandel, Journal of Financial Economics 51, 85-102 (1999).
• "The Effects of Transaction Costs on Stock Prices and Trading Volume," joint with Michael J. Barclay and Eugene Kandel, Journal of Financial Intermediation 7, 130-150 (1998).
• "Efficient Venture Capital Financing Combining Debt and Equity," Review of Economic Design 3, 371-387 (1998); Winner of the Koc University Prize for the Best Paper of the Year in Review of Economic Design.
• "Nasdaq market structure and spread patterns," joint with Eugene Kandel, Journal of Financial Economics 45, 35-60 (1997).
• "Order Independence for Iterated Weak Dominance," joint with Jeroen M. Swinkels, Games and Economic Behavior 18, 219-245 (1997).
• "Corrigendum," GEB 31, 324-329 (2000).

• Associate Editor of International Economic Review
• Referee for Econometrica, American Economic Review, Review of Economic Studies, Journal of Finance,
• Journal of Financial Economics, Review of Financial Studies, Journal of Economic Theory,
• Games and Economic Behavior, RAND Journal of Economics, International Journal of Industrial Organization.