Monday-morning assessments of antitrust merger trial outcomes are common. Critics of a court decision blocking a merger may opine that the outcome is an indication that the judiciary has become overzealous in its interpretation of the Clayton Act’s prohibition of mergers whose effects “may...

This paper addresses the contradictory results obtained by Segal (1997) and Spiller & Gely (1992) concerning the impact of institutional constraints on the U.S. Supreme Court's decision making. By adapting the Spiller & Gely maximum likelihood model to the Segal dataset, we find support for the...

This paper addresses the contradictory results obtained by Segal (1997) and Spiller & Gely (1992) concerning the impact of institutional constraints on the U.S. Supreme Court's decision making. By adapting the Spiller & Gely maximum likelihood model to the Segal dataset, we find support for the...