Canada lags other countries in solving the problem of spectrum scarcity amid rising demand driven by cellphones and other wireless products. In this study, the authors call for reforms to liberalize the allocation of spectrum in Canada with a market-based approach, to increase competition, for...

This paper develops a new way to estimate cost synergies from mergers without using actual data on cost. The estimator uses a structural model in which companies play a dynamic game with endogenous mergers and product repositioning decisions. Such a formulation has several benefits over the...