J
Jay Pil Choi
Researcher at Michigan State University
Publications - 141
Citations - 5764
Jay Pil Choi is an academic researcher from Michigan State University. The author has contributed to research in topics: Competition (economics) & Tying. The author has an hindex of 40, co-authored 136 publications receiving 5326 citations. Previous affiliations of Jay Pil Choi include Harvard University & Tilburg University.
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Standardization and experimentation: Ex ante vs. ex post standardization
TL;DR: In this paper, the authors investigate the optimal timing of standardization in which the tradeoff between standardization and experiment is explicitly analyzed and show that the market outcome is shown to generate too little ex-post standardization after experimentation compared with the social optimum.
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The economics of politically-connected firms
Jay Pil Choi,Marcel Thum +1 more
TL;DR: In this paper, the authors argue that tying a firm's available rent to a regime's survival acts as a credible commitment forcing entrepreneurs to support the government and to exert effort in its stabilization.
Posted Content
Internet Security, Vulnerability Disclosure and Software Provision
TL;DR: This paper model three decisions of the firm: an upfront investment in the quality of the software to reduce potential vulnerabilities; a policy decision whether to announce vulnerabilities; and a price for the software.
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Bundling, Entry Deterrence, and Specialist Innovators*
TL;DR: In this paper, the authors examine a mechanism by which bundling may inefficiently deter entry into the market and show that the incumbent can practice bundling to buttress its monopoly position by keeping specialist innovators out of the market.
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Cooperative R&D with moral hazard
TL;DR: In this paper, the first best outcome can be approached as two inputs, one contractible and the other non-contractible, become more complementary to each other in cooperative R&D.