Showing 1 - 10 of 31
Qualitative choice models, such as the logit model, can capture important firm and product asymmetries. This paper surveys use of the logit model in industrial organization, with special focus on its application to merger analysis. The basic model and its motivation are reviewed, as is its...
Persistent link: https://www.econbiz.de/10009213497
Persistent link: https://www.econbiz.de/10009213622
This symposium is organized around a major, ongoing, antitrust case, In re: Brand Name Prescription Drugs Antitrust …
Persistent link: https://www.econbiz.de/10009213624
This paper reviews two early precedent-setting US antitrust decisions and asks a series of counter-factual questions …
Persistent link: https://www.econbiz.de/10009275846
This article extends the price discrimination literature and applies it to market definition and competitive effects analysis in recent mergers in the cruise line industry. In that industry, short run output is fixed. If firms want to increase price and restrict output to price-insensitive...
Persistent link: https://www.econbiz.de/10005140989
We conduct a retrospective study of the Sutter-Summit hospital merger to assess whether antitrust enforcement in this …
Persistent link: https://www.econbiz.de/10009193131
This note explains why the difference-in-differences methodology, as applied by Deborah Haas-Wilson and Christopher Garmon in their paper "Hospital Mergers and Competitive Effects: Two Retrospective Analyses" contained in this issue, does not produce credible results when applied to an...
Persistent link: https://www.econbiz.de/10009193148
cartel with strongly punitive matching rules. We also discuss the striking implications for antitrust and regulatory policies. …
Persistent link: https://www.econbiz.de/10008773663
Persistent link: https://www.econbiz.de/10005268619
Many theoretical and empirical studies have examined the effects of antitrust policies on competition from the … perspective of consumer welfare. In contrast, this paper examines antitrust policy impacts by exploring the perspective of firms … subject to varying degrees of antitrust exposure. Specifically we draw upon a large, firm-level, worldwide survey of firms …
Persistent link: https://www.econbiz.de/10005268630