Professor Luco studies how consumers and firms interact in environments characterized by frictions that prevent markets from reaching efficient outcomes. Current research includes topics such as how strategic ability affects the efficiency of electricity markets, how consumer and firm search behavior affect competition in retail-gasoline markets, how vertical integration with multiproduct firms affects market efficiency, and how price leadership behavior in retail-gasoline markets can be disrupted with policies that reduce the volatility of wholesale prices.
- Narang, U., & Luco, F. (2022). Tracking Consumers: The Trade-off between the Value of Granular Data and Consumers' Privacy.
- Luco, F., & Marshall, G. (2021). Diagnosing Anticompetitive Effects of Vertical Integration by Multiproduct Firms. REVIEW OF INDUSTRIAL ORGANIZATION. (2), 381-392.
- Lemus, J., & Luco, F. (2021). Price Leadership and Uncertainty About Future Costs*. JOURNAL OF INDUSTRIAL ECONOMICS. (2), 305-337.
- Luco, F., & Marshall, G. (2020). The Competitive Impact of Vertical Integration by Multiproduct Firms. AMERICAN ECONOMIC REVIEW. (7), 2041-2064.
- Hortacsu, A., Luco, F., Puller, S. L., & Zhu, D. (2019). Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets. University of Chicago, Becker Friedman Institute for Economics Working Paper. (2019),