Mariagiovanna Baccara is a Professor at the Olin School of Business of Washington University in Saint Louis. She is a Research Fellow of the Center for Economic and Policy Research (CEPR), a fellow of the Society of Advancement of Economic Theory (SAET), and she currently holds editorial positions at American Economic Journal: Microeconomics, Theoretical Economics, and International Journal of Industrial Organization. Her work has been published in the American Economic Review, the Review of