We consider the possibility of forming a joint venture (JV) between a local firm and a foreign multinational in a situation when there is no current gain from such an arrangement. In the presence of policy uncertainty and threat of entry, a current period formation of JV with the multinational,...

In an oligopoly industry of k firms (k 2) with linear demand and identical (constant) average cost of production, a bilateral merger is never profitable when all firms choose their quantities simultaneously. In this paper we reexamine the issue when some firms have first-mover advantage. We...

This dissertation analyzes the effect of the 1978 Pregnancy Discrimination Act (PDA) on the labor force participation rates of married women with children. This Act required employers to treat pregnancy in the same way as a temporary disability. The effect of the PDA is assessed using two...