The Alabama liquid asphalt market in the USA is examined over the period 1961-1978 for evidence of activity consistent with collusion. Some 14 conditional collusion-facilitating factors that could influence a market's tendency towards collusion, not all equally important or necessarily in...

We employ the Rosse-Panzar test to assess market performance in selected airport-pairs originating from Atlanta. The Rosse-Panzar test stands in the tradition of the New Empirical Industrial Organization. It is based on the comparative statics of a reduced form revenue equation. Therefore, it is...

Traditional economic theory regards the social costs of monopoly as the reduction in both consumer and producer surplus as a result of monopolization of certain sectors of the economy. Recent research has shown that a proper accounting of the social costs of monopoly must include the costs of...