China (2002)	Japan (2003)	Taiwan (2004)	China (2005)
Shanghai U. of Finance & Econ China-Pub, Errata by Kangning Li	Springer-Tokyo Press, Amazon Japan	Yeh Yeh Book Gallery	Tsinghua University Press China-Pub
ISBN: 7-81049-773-1/F 662	ISBN: 4-431-71003-5	ISBN: 957-8555-89-X	ISBN: 7-302-10612-6

1. Schuh, S., O. Shy, J. Stavins, and R. Triest. "An Economic Analysis of the 2011 Settlement Between the Department of Justice and Credit Card Networks." Journal of Competition Law & Economics. Forthcoming.
2. Gehrig, T., O. Shy, and R. Stenbacka. A Welfare Evaluation of History-Based Price Discrimination.  Journal of Industry, Competition and Trade. Forthcoming. 
3. Shy, O. "Real Estate Brokers and Commission: Theory and Calibrations." Journal of Real Estate Finance & Economics. Forthcoming. Data.
4. Gehrig, T., O. Shy, and R. Stenbacka. "History-based Price Discrimination and Entry in Markets with Switching Costs: A Welfare Analysis." European Economic Review, 55(5), June 2011, 732–739.
5. Shy, O., and Z. Wang. "Why Do Card Networks Charge Proportional Fees?" American Economic Review, 101(4), June 2011, 1575–1590.
6. Shy, O. "A Short Survey of Network Economics." Review of Industrial Organization, 38(2), March 2011, 119–149.
7. Shy, O. "Consistent Bargaining." Economics Bulletin, 30(2), May 2010, 1425–1432. 
8. Forshner, Z., and O. Shy, "Constant Best-Response Functions: Interpreting Cournot." International Journal of Business & Economics, 8(1), 2009, 1–6.
9. Shy, O., "Measuring the Cost of Making Payment Decisions." Journal of Socio-Economics, 37(6), December 2008, 2411-2416.
10. Ringbom, S., and O. Shy, "Refunds and Collusion in Service Industries." Journal of Economics & Business, 60(6), Nov.-Dec. 2008, 502-516.
11. Melnik, A., O. Shy, and R. Stenbacka, "Assessing Market Dominance." Journal of Economic Behavior & Organization, 68(1), October 2008, 63–72.
12. Shy, O., and R. Stenbacka, "Price Competition, Business Hours, and Shopping Time Flexibility." Economic Journal, 118(531), August 2008, 1171–1195.
13. Shy, O., and R. Stenbacka, "Rethinking the Roles of Banks: A Call for Narrow Banking." The Economists' Voice, 5(2), June 2008, Art. 6. 
14. Shy, O., and R. Stenbacka, "Liquidity Provision and Optimal Bank Regulation." International Journal of Economic Theory, 3(3), September 2007, 219–233.
15. Shy, O., "Dynamic Models of Religious Conformity and Conversion: Theory and Calibrations." European Economic Review, 51(5), July 2007, 1127–1153.
16. Gayer, A., and O. Shy, "Publishers, Artists, and Copyright Enforcement." Information Economics & Policy, 18(4), November 2006, 374-384.
17. Shy, O., and R. Stenbacka, "Service Hours with Asymmetric Distributions of Ideal Service Time." International Journal of Industrial Organization, 24(4), July 2006, 736–771.
18. Shy, O., and R. Stenbacka, "Partial Outsourcing, Monitoring Cost, and Market Structure." Canadian Journal of Economics, 38(4), November 2005, 1173–1190.
19. Ringbom, S., and O. Shy, "Advance Booking, Cancellations, and Partial Refunds," Economics Bulletin, 13(1), 1–7, 2004.
20. Shy, O., and R. Stenbacka, "Market Structure and Risk Taking in the Banking Industry," Journal of Economics, 82(3), July 2004, 249–280.
21. Hassin, O., and O. Shy, "Code-Sharing Agreements, and Interconnections in Markets for International Flights." Review of International Economics, 12(3), August 2004, 337–352.
22. Ringbom, S., O. Shy, and R. Stenbacka, "Optimal Liquidity Management and Bail-out Policy in the Banking Industry," Journal of Banking & Finance, 28(6), June 2004, 1319–1335.
23. Gayer, A., and O. Shy, "Copyright Protection and Hardware Taxation," Information Economics & Policy, 15(4),  December 2003, 467–483.
24. Gayer, A., and O. Shy, "Internet and Peer-to-Peer Distributions in Markets for Digital Products," Economics Letters, 81(2), November 2003, 51–57.
25. Shy, O., and R. Stenbacka, "Market Structure and Diversification of Mutual Funds," Journal of Financial Markets, 6(4), August 2003, 607-624.
26. Issman-Weit, E., and O. Shy, "Pricing of Library Subscriptions with Applications to Scientific Journals," Journal of Economics & Business, 55(2), March-April 2003, 197–218.
27. Shy, O., and R. Stenbacka, "Strategic Outsourcing." Journal of Economic Behavior & Organization, 50(2), February 2003, 203–224.
28. Ringbom, S., and O. Shy, "The "Adjustable-Curtain" Strategy: Overbooking of Multiclass Service," Journal of Economics, 77(1), 2002, 73–90.
29. Shy, O., and J. Tarkka, "The Market for Electronic Cash Cards," Journal of Money, Credit, & Banking, 34(2), May 2002, 299–314.
30. Shy, O., "A Quick-and-Easy Method for Estimating Switching Costs," International Journal of Industrial Organization, 20(1), January 2002, 71-87.
31. Grilo, I., O. Shy, and  J. Thisse, "Price Competition When Consumer Behavior is Characterized by Conformity or Vanity, Journal of Public Economics, 80(3), June 2001, 385–408.
32. Gandal, N., and O. Shy, "Standardization Policy and International Trade," Journal of International Economics, 53(2), 2001, 363–383.
33. Shy, O., "Exporting as a Signal For Product Quality," Economica, 67(1), February 2000, 79–90.
34. Shy, O., and J. Thisse, "A Strategic Approach to Software Protection," Journal of Economics & Management Strategy, 8(2), Summer 1999, 163–190.
35. Berechman, J., S. Poddar, and O. Shy, "Network Structure and Entry in the Deregulated Airline Industry," Keio Economic Studies, 35(2), January 1998, 71–82.
36. Shy, O., "Technology Revolutions in the Presence of Network Externalities," International Journal of Industrial Organization, 14(6), October 1996, 785–800.
37. Horn, H., and O. Shy, "Bundling and International Market Segmentation," International Economic Review, 37(1), February 1996, 51–69.
38. Chou, C., and O. Shy, "Do Consumers Always Gain When More People Buy the Same Brand?" European Journal of Political Economy, 12(2), September 1996, 309–330.
39. Fishman, A., N. Gandal, N., and O. Shy, "Planned Obsolescence as an Engine of Technological Progress, Journal of Industrial Economics, 41(4), December 1993, 361–370.
40. Chou, C., and O. Shy, "Partial Compatibility and Supporting Services," Economics Letters, 41(2), January 1993, 193–197.
41. Chou, C., and O. Shy, "The Crowding-Out Effects of Long Duration of Patents," The RAND Journal of Economics, 24(2), Summer 1993, 304–312.
42. Chou, C., and O. Shy, "Technology Revolutions and the Gestation of New Technologies," International Economic Review, 34(3), August 1993, 631–645.
43. Lee, F., and O. Shy, "A Welfare Evaluation of Technology Transfer to Joint Ventures in the Developing Countries," The International Trade Journal, 7(2), Winter 1992, 205–220.
44. Chou, C., and O. Shy, "A Model Technology Gap, Product Cycle, and the Process of Catching up Between the North and the South," Economics Record,67(198), September 1991, 217–226.
45. Chou, C., and O. Shy, "An Overlapping Generations Model of Self-Propelled Growth," Journal of Macroeconomics, 13(3), Summer 1991, 511–521.
46. Chou, C., and O. Shy, "Intra-Industry Trade and the Variety of Home Products, "The Canadian Journal of Economics, 24(2), May 1991, 405–416.
47. Chou, C., and O. Shy, "New Product Development and the Optimal Duration of Patents," Southern Economic Journal, 57(3), January 1991, 811–821.
48. Chou, C., and O. Shy, "Network Effects Without Network Externalities," International Journal of Industrial Organization, 8(2), June 1990, 259–270.
49. Shy, O., "External Effects and Pareto Inferior Trade," Southern Economic Journal, 56(1), July 1989, 56–63.
50. Shy, O., "A General Equilibrium Model of Pareto Inferior Trade," Journal of International Economics, 25(1/2), August 1988, 143–154.

1. Gayer, A., and O. Shy, "Copyright Enforcement in the Digital Era, in: M. Peitz and G. Illing (eds.) Industrial Organization and the Digital Economy, Cambridge, Mass.: The MIT Press, 2006. ISBN: 0-262-09041-4, Ch.8: 229-240.
2. Heimer, O., and O. Shy, "Code-Sharing Agreements, Frequency of Flights, and Profits Under Parallel Operation," in: D. Lee (ed.) Advances in Airline Economics, Volume 1: Competition Policy and Anti-trust, Amsterdam: Elsevier, 2006. ISBN: 0-444-51843-6, Ch.7: 163-181.
3. Shy, O., "Industrial Organization," in: A. Kuper and J. Kuper (eds.) The Social Science Encyclopedia (3rd edition), Routledge, 2005, ISBN: 0-415-32096-8.
4. Shy, O., "The Economics of Copy Protection in Software and Other Media," in: B. Kahin, and H. Varian (eds.) Internet Publishing and Beyond: The Economics of Digital Information and Intellectual Property, Cambridge, Mass.: The MIT Press, 2000. ISBN:  0-262-61159-7; Ch.5: 99-113.
5. Berechman, J., and O. Shy, "The Structure of Airline Equilibrium Networks," in: J. van den Bergh, P. Nijkamp, and P. Rietveld (eds.) Recent Advances in Spatial Equilibrium Modelling: Methodology and Applications, Amsterdam: Springer, 1996; ISBN: 3-540-60708-0; Ch.7: 138-155.

1. Shy, O. "Account-to-Account Electronic Money Transfers: Recent Developments in the United States." Federal Reserve Bank of Boston, Research Department Public Policy Discussion Paper No. 11–10, (2011).
2. Shy, O. and R. Stenbacka. "Customer Recognition and Competition," Federal Reserve Bank of Boston, Research Department Working Paper No. 11–7, (2011). Presentation. 
3. Schuh, S., O. Shy, and J. Stavins. "Who Gains and Who Loses From Credit Card Payments: Theory and Calibrations." Federal Reserve Bank of Boston, Research Department Public Policy Discussion Paper No. 10–3, (2010).  Presentation. 
4. Shy, O. "Person-to-Person Electronic Funds Transfers: Recent Developments and Policy Issues." Federal Reserve Bank of Boston, Research Department Public Policy Discussion Paper No. 10–1, (2010).
5. Shy, O. and R. Stenbacka. "Efficient Organization of Production: Nested versus Horizontal Outsourcing." Presentation. Older version: Federal Reserve Bank of Boston, Research Department Working Paper No. 09–9.

1. Shy. O. ""Relevant" Markets: A Product Differentiation Approach." (10p).
2. Gantman, N., and O. Shy, "Broadcasting Competition and Advertising Quality: A Two-sided Market Approach." (18p).
3. Melnik, A., and O. Shy, "Admission Standards and Tuition in the Market for Professional Graduate Education." (3.0p).
4. Melnik, A., and O. Shy, "Credit Quality, Regulation, and Competition in the Consumer Loan Market." (32p).
5. Shy, O., and R. Stenbacka, "Entry Barriers and Antitrust Objectives." (8p).
6. Ringbom, S., and O. Shy, "Advance Booking and Refunds Under Capacity Constraints." (23p). Presentation
7. Ringbom, S., and O. Shy, "Reservations, Refunds, and Price Competition." (29p). Presentation
8. Gal, M., and O. Shy, "The Monopoly." the economics part of a chapter in M. Gal and M. Perlman (eds.), forthcoming book on Israeli Antitrust, (Hebrew, 26p, 2003/07/25).
9. Shy, O., and J. Tarkka, "Stock Exchange Alliances, Access Fees, and Competition." (28p). Working Paper Version: Bank of Finland Discussion Papers 22/2001. Presentation
10. Aluf, Y., and O. Shy, "Comparison-Advertising and Competition." (9p).
11. Shy, O., and R. Stenbacka, "A Bundling Argument for Narrow Banking." (33p).
12. Morgan, P., and O. Shy, "Undercutproof Equilibria." (31p).
13. Navon, A., O. Shy, and J. Thisse, "Product Differentiation in the Presence of Positive and Negative Network Effects." Center for Economic Policy Research (CEPR), Discussion Paper No.1306, December 1995.
14. Shy, O., "Why 99 Cents?" (13p).
15. Shy, O., "Digital Convergence, Competition, and Antitrust Law." (12p).
16. Shy, O., "A Dynamic Model of Targeted Advertising." (25p).
17. Shy, O., "Integration and International Standardization." (16p).
18. Shy, O., "A Welfare Evaluation of Antidumping Rules." (21p).
19. Chou, C., J. Melmed-Sanjak, and O. Shy, "The Environment and International Trade." (16p).
20. Chou, C., and O. Shy, "Supporting Services and the Choice of Compatibility." (21p).
21. Chou, C., and O. Shy, "Knowledge Accumulation and Novelty: Who Should Be Getting the Credit for an Idea?" (10p).
22. Shy, O., "Dynamic Peak-Load Pricing." (13p).

• Academic Citations: Google Scholar, 
• Who Gains and Who Loses from Credit Cards Payments? (citations): Wall Street Journal 2010/7/27, New York Times 2010/7/26, New York Times 2010/9/9, Christian Science Monitor 2010/7/27, The Economist 2010/7/28, Financial Times 2010/7/28, The Atlantic 2010/7/27, Reuters 2010/7/26, Hunttington Post 2010/7/28,
• Creating a place for checks at the electronic payments table. The Green Sheet, May 10, 2010. (citation)
• It's About Time for Narrow Banking, The Marker, October 6, 2008 (Hebrew). PDF. (article)
• My opinion on the Boeing-Airbus competition in the market for large-body aircrafts, The Economist, May 3, 2001. (citation)

• Affiliations: Consumer Payments Research Center, Research Department, Federal Reserve Bank of Boston.
• Editorial Boards: International Journal of Industrial Organization: (Editor: 2002—2004, Associate Editor: 2005—), Journal of Economic Behavior & Organization: (Associate Editor: 2004—2006) , The Review of Network Economics: (Board member: 2001—).
• Education: High School, 1973;  B.A. (Hebrew University of Jerusalem, 1980);   Ph.D. (University of Minnesota, 1986, Dissertation). 
• FAA Pilot Licenses: Private (1987); Instruments Rating (1989); Commercial (2011).

• Lecture Notes (39p, 1999).   

• 1993/02 Landings Practice at Santa Barbara airport, Runtime: 06:06 min

• 2003/07 Playing the violin with Sarah, Runtime: 00:52 min.

• 2006/08 Riding my Kickbike, Runtime: 00:51 min.

• 2011/11 Landing Practice at Fitchburg, MA airport, Runtime 00:40 min
  

Sarah's Web-page, Books by Hadassa Shy, 

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E-mail Address:  ozshy@ozshy.com 

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