I am an applied theorist whose research focuses on industrial organization. I have worked on understanding innovation dynamics, the interaction between competition and innovation, market entry, and their relation to competition policy. I also have a broad interest in microeconomic theory.

 

PUBLISHED OR FORTHCOMING PAPERS
[1] Sequential Innovation, Patent Policy, and the Dynamics of the Replacement Effect
[pdf] [Online Appendix] [slides]
RAND Journal of Economics, Vol 50 (3), Pages 568–590

[2] Innovation and Competition: The role of the Product Market
[with Guillermo Marshall] [pdf] [slides]
International Journal of Industrial Organization, Vol 65, July 2019, 221-247
    • 2019’s IJIO Best Theoretical Paper Award.

[3] Announcing High Prices to Deter Innovation
[with Guillermo Marshall] [pdf]
Management Science, Vol. 67, No. 4, April 2021, pp. 2448–2465

[4] Early-Stage Venture Financing
[with Ralph Winter] [pdf]
Journal of Corporate Finance, Vol. 77, December 2022: 102291

[5] Equilibrium Uniqueness in Entry Games with Private Information
[with José Espín-Sanchez and Yuzhou Wang] [pdf] [slides]
Accepted, RAND Journal of Economics

[6] Monopsony Power and Upstream Innovation
[with Guillermo Marshall] [pdf] [slides]
Accepted, Journal of Industrial Economics

WORKING PAPERS & IN PROGRESS (with PDF)
[1] On the Interaction between Patent Screening and its Enforcement
[with Gerard Llobet and Javier Suárez] (Revision requested by Journal of Industrial Economics) [pdf] [slides]

[2] Efficiency in Second-Price Auctions with Participation Costs
[with José Espín-Sanchez] [pdf]

[3] Mergers in Innovative Industries: A Dynamic Framework
[with Guillermo Marshall] [pdf]

[4] Health Insurance Markets with Endogenous Risks
[with Vitor Luz Farinha] [pdf]

[5] When to License Sequential Inventions [pdf]

[6] Second Price Auction with Participation Costs
[with José Espín-Sanchez and Yuzhou Wang] [pdf]
This paper was subsumed by publication [5].

WORK IN PROGRESS
[1] Herculean Equilibrium and Risk Dominance
[with José Espín-Sanchez] (in preparation)

[2] Optimal insurance contracts under moral hazard
[Handbook chapter, with Ralph Winter]

[3] Location, Spillovers, and Patent Races

Students
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Contact Information
Office: HA 274
604.822.6409 (office)
604.822.8477 (fax)
alvaro.parra [at] sauder.ubc.ca