, this should lead to price hikes and output reductions, decreasing consumer welfare. Using public data from 1972-2012, I use … price data to disentangle revenue from output. Difference-in-difference estimates show that industry concentration increases … are positively correlated to productivity and output growth, uncorrelated with price changes and overall payroll, and …

large sample of pharmacy-level drug price data collected from the Medicare website for several weeks indicate that the … be reconciled with models of dynamic price competition with consumer switching costs as in Klemperer (1987a,b). The …

This study shows that mergers’ price effects can vary seasonally. I document countercyclical price increases due to the …

search costs and price dispersion using a hand-collected panel data set from Jerusalem’s Shuk Mahane Yehuda outdoor market …. We present empirical evidence that price dispersion increases with the cost of search using several different measures of … price dispersion, however, our interpretation of this finding is sensitive to the search proxy in question. We also address …

constraints, and different sharing rules, discount factors and initial beliefs about price leading behavior. I find Edgeworth …

). These technologies enable first-degree price discrimination: firms charge different prices to different consumers, based on …, despite the threat of first degree price discrimination, personalized pricing with competing firms can lead to an overall …

would offset the incentive to increase price created by a merger. The formula depends only on pre-merger information on …