This paper provides a politive political economy analysis of the most important revision of the U.S. supervision and regulation sustem during the last two decades, the 1991 Federal Deposit Insurance Corporation Imporovement Act (FDICIA). We analyze the impact of private interest groups as well...

This paper investigates how the tying of complementary products can be used to both preserve and extend monopoly positions. We first show how a firm that is a monopolist of a product in the current period can use tying to preserve its monopoly position in future periods. We then show using...