Governments have strong incentives to allow their inventors to free ride on foreign technologies.
This study empirically investigates how two types of airport charges (per-passenger and per-flight) differentially affect airfares, service quality (flight frequency), and welfare.
We study welfare effects of horizontal mergers in a successive oligopoly model with general demand. We find that downstream mergers can increase welfare if they reduce input price.
This paper investigates how leniency programs can induce collusive offenders to self report in a dynamic setting, where the risk of independent detection evolves stochastically over time.
<p>Markets for art, coins and other collectibles, culinary delicacies and eco-tourism suggest that consumers value the rarity of many goods.
We examine allegations that firms in Alberta's electricity industry manipulated public information to coordinate in the wholesale market.
We estimate heterogeneous merger effects where (conditional on covariates) merger effects are allowed to be firm specific.