This paper focuses on the empirics and strategies of anti-dumping investigations by national authorities. It will examine the United States of America (US), India, China, and Canada and their increasing reliance on this controversial policy instrument, as governments are faced with new global...

Kenya is about to embark on an important reform to expand banking to millions of poor households by enabling third-party retail agents as a low-cost distribution alternative to branches. However, this initiative risks being undermined by the mobile network operator (MNO) Safaricom, which...

This paper addresses the topic regarding the desirability of competition in banking industry. In a model where banks compete on both deposit and loan markets and where banks can use monitoring technology to control entrepreneurs' behavior, we investigate three questions: what are the effects of...

We consider the impact of mandatory information disclosure on bank safety in a spatial model of banking competition in which a bank's probability of success depends on the quality of its risk measurement and management systems. Under Basel II capital requirements, this quality is either fully or...

'Stacked Deck' is a statistical analysis of outcomes in forced arbitration, also called mandatory arbitration or binding mandatory arbitration, that finds: 1) Individual arbitrators have a strong incentive to favor the firms that provide them with repeat business over an individual consumer they...

In its early days antitrust policy was motivated largely by public fears regarding economic power, the excess influence owners of large businesses might exert over political and commercial markets. Over time, antitrust enforcement has come to focus exclusively on market power, the ability to...

Credit card offers have grown increasingly complex over time. Using a straightforward measure of complexity — the total number of numeric figures that appear on a credit card direct mail offer's Schumer Box — this research studies changes in card offer complexity. The general structure and...

This paper studies how a bank's diversification affects its own risk taking behavior and the risk taking of competing, nondiversified banks. In particular, I test whether greater geographic diversification of banks has effects on the risk taking behavior of nondiversified competitors beyond...