We discuss competition among payment card networks, and in particular how antitrust practitioners might approach questions of market definition and market power in these markets. Application of the hypothetical monopolist test to define markets, and the use of traditional metrics to measure...

We discuss competition among payment card networks, and in particular how antitrust practitioners might approach questions of market definition and market power in these markets. Application of the hypothetical monopolist test to define markets, and the use of traditional metrics to measure...

We discuss competition among payment card networks, and in particular how antitrust practitioners might approach questions or market definition and market power in these markets. Application of the hypothetical monopolist test to define markets, and the use of traditional metrics to measure...

The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff...

Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in...

Geography and Ownership as Bases for Economic Accounting provides a forum for leading specialists in trade and international economics to explore whether changes in the world economy have increased the usefulness of international accounts drawn up on the basis of ownership rather than on...

The need for careful research on trade policy is particularly acute, and this volume empirically addresses these and many other important issues. The contributors offer studies which integrate the institutional details of current trade policy with creative economic analyses. Marked by a shift...