. Furthermore we argue that the term ‘bidding market’ as it is widely used in antitrust is unhelpful or misleading. Auctions and …

This paper presents empirical evidence regarding the effect of simultaneous antitrust and trade policy on productivity …. We find that treating antitrust across countries as an exogenous policy overestimates the impact of competition on … productivity by as much as 18%. …

Punitive damages are one of the most controversial aspects of tort litigation and have been the subject of various … litigation processes. In particular, Polinsky (1997) argues that the uncertainty and unpredictability that punitive damage claims …. With one of the largest and most comprehensive data sets of tort litigation (over 25,000 cases filed from 1994 through 1997 …

and effectiveness of a wide variety of regulatory initiatives, including antitrust actions, as well as economic and social …

the basis of economic theory and evidence. I first discuss how the economics of antitrust has developed over the years …, with the intention of characterizing the intellectual inheritance of 1990s’ antitrust regulators. Within this context, I … economic science. On the basis of these arguments, antitrust regulators should pause and reconsider the theoretical and …

We discuss issues of the application of antitrust law and regulatory rules to network industries. In assessing the … application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in … which antitrust law and regulatory rules can affect them. These relevant features include (among others) network effects …