This article describes an interesting application of Markov chain Monte Carlo (MCMC). MCMC is used to assess competing explanations of marital fertility decline. Data collected during the World Fertility Study in Iran are analyzed using methods developed to perform discrete time event history...

A recent paper, Kim and Luca (2019), claims that Google has used a scheme of tying its “review product” to its search engine as a strategy to enter the “reviews market”, despite having a lower-quality product than existing alternatives. Kim and Luca conclude based on an online experiment...

Yelp and other members of its “Focus on the User – Local” interest group commissioned a paper by Tim Wu, Michael Luca, and others (the “FOTUL Paper”). This paper ostensibly provides empirical data to show that Google is “degrading its own search results” for some queries by...

List of figures -- Foreword by Nick Levy -- Introduction -- Market definition -- Horizontal mergers I: unilateral effects -- Horizontal mergers II : coordinated effects -- Non-horizontal mergers -- Appendix 1: Regression analysis and econometrics -- Appendix 2: Models for demand estimation --...