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In a trade model with technology transfer, Kabiraj and Kabiraj (2017) showed that a tariff on foreign products could induce fee licensing (with zero royalty) and maximize both consumers’ surplus and domestic welfare. In this paper, we show that if the foreign firm subsidizes the domestic...
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We study consumer surplus in a single market when (a) there is a lower bound in the consumption of the outside good and (b) the weights in the social welfare function given to consumers and firms are different. We assume quasilinear utility. When the lower bound constraint on the consumption of...
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Antitrust's consumer welf ... …
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A reform movement is underway in antitrust. Citing prior enforcement failures, deviations from the original intent of … the antitrust laws, and overall rising levels of sector concentration, some are seeking to fundamentally alter or … sparked an intense debate on the best approach to antitrust law enforcement. In this Article, we examine a previously …
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Two recent papers by prominent antitrust scholars argue that a revived antitrust movement can help reverse the dramatic … legislative history of the key antitrust statutes to support their case. Not surprisingly, their recommendations have been met … with alarm in some quarters and with skepticism in others. Such proposals by antitrust reformers are often contrasted with …
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