Competition in many important industries centers on investment in intellectual property. Firms engage in dynamic …, Schumpeterian competition for the market, through sequential winner-take-all races to produce drastic innovations, rather than … through static price/output competition in the market. Sound antitrust economic analysis of such industries requires explicit …

data set on 243 U.S. radio broadcast markets in 1993 and 1997, we find that concentration reduces entry and increases … are more likely than unrelated stations - and more likely than jointly owned stations in different markets - to broadcast …

pitch type in Major League Baseball and whether to run or pass in the National Football League. We observe more than three … million pitches in baseball and 125,000 play choices for football. We find systematic deviations from minimax play in both … errors could be worth as many as two additional victories a year to a Major League Baseball franchise, and more than a half …

This paper analyzes the dynamics of prices in two online secondary markets for Major League Baseball tickets …

performance later. In this paper, we exploit high-frequency data on decision-making by Major League Baseball umpires to examine …

Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and … labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition …, greater competition produces large effects on macroeconomic performance, as measured by standard indicators. In particular, we …