This paper develops an empirical model to measure the strength of import discipline across industries, allowing it to vary systematically with various features of industry market structure.
We analyze the motives for horizontal mergers by estimating a logit model for the US brewing industry, 1950-1983.
In both the United Kingdom and the United States loan guarantees have been used by government agencies and institutions for supporting companies in financial distress, and for the encouragement of new
It is proposed that within the population of M-form firms, the control systems necessary to realize economic benefits from interrelationships between sub-units of a firm are incompatible with the syst
This paper examines the efficiency implications of minimum bill contracts and concludes that minimum bill provisions promote rather than impede efficient adaptation to changing circumstances.
Regulation of some newly privatised industries in the UK has been implemented by restricting annual price increases.
One common assumption in the predatory pricing literature is that the predatory firm must be larger and have deeper pockets than the victim of predation, usually an entrant.