Inderst, Roman; Thomas, Stefan - 2022 - This Version: 09/02/2021 - 1
consumer welfare paradigm to a greater extent. As we argue in this paper, it is expedient to consider changes in consumers …In this paper we outline how a future change in consumers' willingness-to-pay can be accounted for in a consumer … welfare effects analysis in antitrust. Key to our solution is the prediction of preferences of new consumers and changing …