Lesley Chiou's research is in the areas of Industrial Organization and Applied Econometrics. Her recent work focuses on consumer behavior and firm strategy on the internet.
Research
ProfessorÌýChiou's primary fields of interest are Industrial Organization and Applied Econometrics. Industrial Organization explores the consequences ofÌýfirm strategyÌýand government competition policy.ÌýApplied Econometrics uses data and statistical tools to test predictions of economic theory or to evaluate outcomes of government policies.
ProfessorÌýChiou's current research focuses on consumer search and firm strategy on the internet. Her recent work examines how consumers respond to online advertising and copyright on search engines and social media sites. HerÌýprior work also studies how online and offline firms compete; how consumers respond to pricing changes in retail markets; and how demand evolves for arts and media markets.
Please click for a 2-min video that describes two of Professor Chiou's recent research projects.
Papers under Review
- Social Distancing, Internet Access, and Inequality
with Catherine Tucker, NBER Working Paper No. 26982.
Ìý - Fake News and Advertising on Social Media: A Study of the Anti-Vaccination Movement
with Catherine Tucker, NBER Working Paper No. 25223.
Published and Forthcoming Papers
- How Does Pharmaceutical Advertising Affect Consumer Search?
with Catherine Tucker,ÌýManagement Science, Vol. 68, pp. 866-882, 2021.
Ìý - Search Engines and Data Retention: Implications for Privacy and Antitrust
with Catherine Tucker, Chapter inÌýCompetition Policy International'sÌýThe Evolution of Antitrust in the Digital Era: Essays on Competition Policy, Volume II, 2021.
Featured in .
Ìý - Internet Use, Competition, and Geographical Rescoping in Yellow Pages Advertising
with E. Nilay Kafali and Marc Rysman, Information Economics and Policy, Vol. 52, 2020.
Ìý - Trust, Reputation, and Bidding Behavior in Online Mystery Auctions
with Jennifer Pate, Applied Economics Letters, Vol. 25, pp.702-706, 2018.
Ìý - Vertical Integration and Antitrust in Search Markets
Journal of Law, Economics, and Organization, Vol. 33, pp.653-685, 2017.
Ìý - Content Aggregation by Platforms: The Case of the News Media
(Earlier versions of this paper were circulated under the titles "Copyright, Digitization, and Aggregation" and "News and Online Aggregators.")
with Catherine Tucker,ÌýJournal of Economics and Management Strategy, Vol. 26, pp. 782-805, 2017.
Ìý - Consumer Response to Tax Changes
with Erich Muehlegger,ÌýNational Tax Journal,ÌýVol. 67, pp. 621-650, 2014. (Online Model Appendix)
Ìý - Paywalls and the Demand for Online News
with Catherine Tucker,ÌýInformation Economics and Policy, Vol. 25, pp. 61-69, 2013.
Ìý - How Does the Use of Trademarks by Third-Party Sellers Affect Online Search?
with Catherine Tucker,ÌýMarketing Science, Vol. 31, pp. 819-837, 2012.
Ìý - The Effect of Ticket Resale Laws on Consumption and Production in Performing Arts Markets
with Melissa Boyle,ÌýEastern Economic Journal, Vol. 38, pp. 210-222, 2012.
Ìý - The Reality of Reality Television: Does Reality TV Influence Local Crime Rates?
with Mary Lopez,ÌýEconomics Letters, Vol. 108, pp. 330-333, 2010
Ìý - Internet Auctions and Frictionless Commerce: Evidence from the Retail Gift Card Market
with Jennifer Pate,ÌýReview of Industrial Organization, Vol. 36, 2010.
Ìý - Empirical Analysis of Competition between Wal-Mart and Other Retail Channels
Journal of Economics and Management Strategy, Vol. 18, 2009. (Lead article)
Ìý - Broadway Productions and the Value of a Tony Award
with Melissa Boyle,ÌýJournal of Cultural Economics, Vol. 33, 2009.
Ìý - Crossing the Line: Direct Estimation of Cross-Border Cigarette Sales and the Effect on Tax Revenues
with Erich Muehlegger,ÌýThe B.E. Journal of Economic Analysis and Policy (Contributions), Vol. 8, Article 48, 2008.
Ìý - The Timing of Movie Releases: Evidence from the Home Video Industry
International Journal of Industrial Organization,ÌýVol. 26, 2008. (Winner of journal's Paul Geroski Best Paper Award)
Ìý - Identification and Estimation of Mixed Logit Models under Simulation Methods
with Joan L. Walker,ÌýJournal of Econometrics, Vol. 141, 2007. Reprinted inÌýChoice Modeling: Foundational Contributions, edited by David A. Hensher and John M. Rose, 2011.
Policy Writing
with Nathaniel Hipsman, Jeffrey Prince, and Sachin Sancheti, 2022.
Ìý
with Avigail Kifer, American Bar Association:ÌýPricing Conduct Committee Newsletter of Antitrust Law, 2022.
(Winner of Concurrences Review's 2022 Antitrust Writing Awards for Digital Business Articles.)
Teaching
Professor Chiou teaches courses that span all levels of the curriculum.
- Econ 250: Intermediate Microeconomic Theory
- Econ 272: Applied Econometrics
- Econ 302: Industrial Organization
- Econ 495: Senior Seminar
- Econ 498: Honors Seminar