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structure on firm conduct and productivity in a rapidly innovating industry. Both industries were competitive in the 1880s, and … formation of the Tobacco Trust in 1890, U.S. productivity growth slowed and the UK assumed the productivity lead. Productivity …-trust action in 1911. This case provides examples of competition leading to more rapid productivity growth through both more rapid …
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A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of a disputed asset is unknown to the court. The court observes only the quality of the case presented by each party, and awards the asset to the party presenting the best case....
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plausibly argued to lead to increases in factor productivity in the private economy. This paper observes that government …
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