Essays in Industrial Organization

This dissertation consists of three self–contained papers, which contribute to different strands of the literature on industrial organization and microeconomic theory. In Chapter 2, I analyze an incentive problem within a principal–agent employment relationship when the principal has better information about the job offered to the agent. Chapter 3 examines market outcomes when consumers are loss averse. It contributes to the literature on behavioral industrial organization. Chapter 4 studies the allocation of ownership and control rights within industries and its implication on competition. It links the literature on industrial organization with the corporate finance literature. The appendix contains the appendices of the papers in which proofs and tables are presented. References of the papers can be found in the last chapter of the thesis