We analyse the effects of 'network neutrality' proposals that seek to foreclose or severely limit market transactions. Our model reveals that rules that prohibit efficient commercial transactions between content and broadband service providers could be bad for all participants -- consumers would...

This article provides a model of loss leader pricing and quantity restrictions for a competitive multiproduct industry when individual consumers have continuous (and independent) demands for the set of available goods. Utilizing a generalization of the model proposed by <link rid="b5">Bliss [1988]</link>, we...

This article uses the method of pairwise comparisons to rank college football teams. This issue is of some importance due to debate over, which team actually won the national championship in 2003-2004. Some polls ranked LSU number 1 while others ranked USC number 1. Our method, based on pairwise...

This article provides a novel graphical exposition of the economic theory of regulation. In particular, we show--within a single graphical construct--a number of features that emerge from the theory. Through a variety of applications we are able to provide an improved understanding of many...

This article applies composed error frontier regression techniques to estimate the minimal moments of inertia and radii of gyration for a unique and varied sample of shotguns. We find that minimum inertia depends on weight, center of gravity, length of pull, and barrel length, but not on gauge,...

Although many authors have drawn on the basic insights of the early founders of the economic theory of regulation, the ability to cogently present the general form of the theory in a readily accessible graphical format has only recently emerged. Although providing a promising approach for...

The shortage of cadaveric human organs made available for transplantation has reached critical proportions and is now causing over 6000 deaths each year in the United States alone. Economically, this shortage appears to stem from at least two principal underlying causes, both of which are...

Although many authors have drawn on the basic insights of the early founders of the economic theory of regulation, the ability to cogently present the general form of the theory in a readily accessible graphical format has only recently emerged. Although providing a promising approach for...