Cover -- Title -- Copyright -- Contents -- List of Figures and Tables -- List of Contributors -- Introduction Counter-Shock and Counter-Revolution -- Part I: Oil Prices in Context -- 1. Price Regimes, Price Series and Price Trends: Oil Shocks and Counter-Shocks in Historical Perspective -- 2....

This paper examines the impact of firms' conduct on market structure. It studies the evolution of concentration in UK manufacturing following the abolition of cartels using a theoretical framework based on Sutton's theory of market structure and a panel data set of four-digit industries over...

We examine two episodes of strategic interaction in the U.K. betting industry: (i) Betfair (an entrant multi-sided platform, or MSP) vs. Flutter (also an MSP), and (ii) Betfair vs. traditional bookmakers. We find that although Betfair was an underfunded second mover in the betting exchange...