By specifying and estimating a 5-equation model of newspaper operations, this paper provides evidence useful for addressing several issues concerning media concentration.
Regulators have been concerned with the impact of environmental regulation on the profitability of regulated firms: there have been numerous grants and subsidy programs to reduce the cost of emission
The Merger Guidelines of the US Department of Justice provide the framework for a detailed analysis of the competitive implications of the proposed merger of the Santa Fe and Southern Pacific railroad
In an extensive field-experiment with fast-moving branded consumer goods, price elasticities were found to be much the same for different products or brands, for prices going up or coming down, at dif
This paper explains differences in the price of the same good in different markets.
We study the pattern of pricing in which price changes are first announced by one firm and then matched by its rivals.