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The public is characterized as able forecasters of future economic performance. They engage in rational expectations. Empirical evidence exists to bolster the claim. This article considers the possibility that the public does more than predict economic output. They may engage in a...
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To the extent that the two-sided market literature improves competitive-effects analysis, it improves the fundamental purpose of antitrust law.
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The Court has continued its course of limiting judicial interference with market forces to situations where a distinct and anticompetitive distortion is evident and in a manner that will not likely discourage pro-competitive innovation and an efficient allocation of resources.
Persistent link: https://www.econbiz.de/10008547504
In a relatively rare "predatory bidding" case, Weyerhaeuser Co. v. Ross-Simmons has been granted certiorari by the U.S. Supreme Court, apparently in a effort to clarify whether the antitrust laws protect price competition on the buy side to the same extent that they protect price competition on...
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Two major problems exist in applying ideal point estimation techniques to state legislatures. First, there has been a scarcity of available longitudinal roll call data. Second, even where such data exists, scaling ideal points within a single state suffers from a basic defect. No comparisons can...
Persistent link: https://www.econbiz.de/10005823060
In an earlier paper, I addressed the problem of putting state legislatures on a cross- institutional common space with Congress. I relied on new roll call data from these legislatures, and a bridging technique involving state legislators who served in Congress later in their careers. This...
Persistent link: https://www.econbiz.de/10005823061
The development and elaboration of the spatial theory of voting has contributed greatly to the study of legislative decision making and elections. Statistical models that estimate the spatial locations of individual legislators have been a key contributor to this success (Poole and Rosenthal 1997;...
Persistent link: https://www.econbiz.de/10008866033