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In an environment that features second-degree price discrimination, this paper fully characterizes the set of surplus divisions that can arise from all possible information consumers have about their valuation. By extending the techniques developed in a companion paper (Yang, 2019a), I show that...
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Scholars and enforcement officials debate the merits and implications of “behavioral antitrust” — the application of empirical evidence showing how human behavior departs systematically and predictably from strict rationality (“bounded rationality”) to antitrust law. Notwithstanding...
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This chapter has described tools to improve forecasting of trends and of the effects of interventions. Among these methods, role playing and rule-based forecasting have seldom been used lot environmental forecasting. Role playing is appropriate when forecasting the outcome of a situation...
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