The Telecommunications Act of 1996 reduced restrictions oin the cable TV industry, providing completely deregulated rates in March 1999. In this paper, we develop a simple tradeoff between price and quality in order to calculate the welfare tradeoff to consumers of the provision of one...

In this paper, we offer a hybrid approach to merger simulation in which we allow rather extensive pre-testing to suggest the ‘correct', or most desirable, form for the underlying demand curves. Our application is the merger between the large mobile telephone companies Cingular and AT&T...

Flow through refers to the effect of a change in incremental production costs on the prices of goods or services, and is a topic of great interest to regulators and others. This article provides a framework for both analyzing flow through, and for evaluating whether or not flow through, properly...

With unemployment levels at record highs, policymakers are struggling to find any means possible to put Americans back to work. In this PAPER, we use the 2007 Computer and Internet Use Supplement of the Census Bureau’s Current Population Survey to estimate the effect of Internet use on job...