In this paper, we discuss the endogenous formation of climate coalitions in the tradition of the issue-linkage literature. In particular, we propose a preferential free trade agreement on which a climate coalition should be built. The basic idea is that the benefits of free trade provide strong...

In der WTO wird in erster Linie der Wettbewerb zwischen Staaten geregelt. Es werden Anreize für die Staaten geschaffen, den eigenen politischen Handlungsspielraum einzuschränken. Dies kann zweierlei bedeuten: - die Handelspartner verzichten auf Versuche, Wohlfahrtsgewinne für das eigene Land...

The market developments in international air transportation have led to the dominance of three global airline alliances – Star, SkyTeam and oneworld. At the same time, members of these alliances receive increasingly more freedom in coordinating various aspects of joint operations, including...

This research paper — a companion piece to Professor Patrick Rey's recent report for the FNE regarding the economics of vertical restraints — considers how the important policy implications of Rey's analysis might be translated into effective enforcement standards. As U.S. Supreme Court...

Using a sample of modern international cartels, we analyze the level and determinants of cartel sanctions imposed on the participants of these cartels in a number of antitrust jurisdictions. There is empirical evidence suggesting that gains from collusive conduct outweigh its costs represented...

The amino-acid lysine cartel was a watershed even in antitrust enforcement. It was the first global price-fixing conspiracy to be convicted by U.S. or EU antitrust authorities in 40 years. This paper presents an updated narrative of the history of the global lysine cartel and the legal...