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Freedom to Trade and the Competitive Process
Edlin, Aaron; Farrell, Joseph - National Bureau of Economic Research (NBER) - 2011
Although antitrust courts sometimes stress the competitive process, they have not deeply explored what that process is. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers forming improving coalitions. Much of antitrust can be...
Persistent link: https://www.econbiz.de/10008855525
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Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies
Holland, Stephen P.; Knittel, Christopher R.; Hughes, … - National Bureau of Economic Research (NBER) - 2011
Instead of efficiently pricing greenhouse gases, policy makers have favored measures that implicitly or explicitly subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies currently in use: ethanol subsidies, a renewable fuel standard (RFS),...
Persistent link: https://www.econbiz.de/10009278258
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Cross-National Evidence on Generic Pharmaceuticals: Pharmacy vs. Physician-Driven Markets
Danzon, Patricia M.; Furukawa, Michael F. - National Bureau of Economic Research (NBER) - 2011
This paper examines the role of regulation and competition in generic markets. Generics offer large potential savings …
Persistent link: https://www.econbiz.de/10009207072
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The Structure and Conduct of Corporate Lobbying: How Firms Lobby the Federal Communications Commission
Figueiredo, John M. de; Tiller, Emerson H. - National Bureau of Economic Research (NBER) - 2000
lobbying (internal organization vs. trade association) by firms in administrative agencies. It explores the power and limitations of the collective action theories and transaction cost theories in explaining lobbying. It introduces a dataset of over 900 lobbying contacts cover 101 issues at the...
Persistent link: https://www.econbiz.de/10005714591
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On Optimal Legal Change, Past Behavior, and Grandfathering
Shavell, Steven - National Bureau of Economic Research (NBER) - 2007
for reform, such as in the regulation of air pollution. The analysis is related to the conventional reliance …
Persistent link: https://www.econbiz.de/10005774523
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Antitrust and Regulation
Carlton, Dennis W.; Picker, Randal C. - National Bureau of Economic Research (NBER) - 2007
Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have … operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests … antitrust and regulation. Antitrust and regulation can also be viewed as complements in which regulation and antitrust assign …
Persistent link: https://www.econbiz.de/10005774722
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Assessing Consumer Gains from a Drug Price Control Policy in the U.S.
Santerre, Rexford; Vernon, John A. - National Bureau of Economic Research (NBER) - 2005
This paper uses national data for the period 1960 to 2000 to estimate an aggregate private consumer demand for pharmaceuticals in the U.S. The estimated demand curve is then used to simulate the value of consumer surplus gains from a drug price control regime that holds drug price increases to...
Persistent link: https://www.econbiz.de/10005778618
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Effects of Regulation on Drug Launch and Pricing in Interdependent Markets
Danzon, Patricia M.; Epstein, Andrew J. - National Bureau of Economic Research (NBER) - 2008
This study examines the effect of price regulation and competition on launch timing and pricing of new drugs. Our data … price regulation reduces drug prices, it contributes to launch delay in the home country. New drug launch hazards and launch …
Persistent link: https://www.econbiz.de/10005575380
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Regulation - the Corridor to Liberalization: The Experience of the Israeli Phone Market 1984-2005
Gronau, Reuben - National Bureau of Economic Research (NBER) - 2006
An important part of the literature on regulatory economics is based on the US experience, where a well-established regulator faces a privately owned monopoly. It is sometimes forgotten that this model does not apply in many places where a newly established regulator faces a government owned, or...
Persistent link: https://www.econbiz.de/10005579988
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Wage Effects of Unionization and Occupational Licensing Coverage in the United States
Gittleman, Maury; Kleiner, Morris M. - National Bureau of Economic Research (NBER) - 2013
Recent estimates in standard models of wage determination for both unionization and occupational licensing have shown wage effects that are similar across the two institutions. These cross-sectional estimates use specialized data sets, with small sample sizes, for the period 2006 through 2008....
Persistent link: https://www.econbiz.de/10010821983