I study the predictability of the EC’s merger decision procedure before and after the 2004 merger policy reform based on a dataset covering all affected markets of mergers with an official decision documented by DG Comp between 1990 and 2014. Using the highly flexible, non-parametric random...

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...

The diffusion of innovations is an important process and its models have appli-cations in many fields, with particular relevance in technological forecast. The logistic equation is one of most important models in this context. Extensions of this approach as the Lotka-Volterra model have been...