Patent counts are very imperfect measures of innovative output.
This study examines the price effects of recent US bank mergers that substantially increased local market concentration.
Using a sample of approximately 11000 West German firms from all major sectors of the economy, we test predictions on the relationship between legal form, firm survival and employment growth.
We study the optimal allocation of the contracting capacity in a moral hazard environment.
This paper analyzes the price, output, and welfare effects of third-degree price discrimination for a monopolist who sells in two interdependent markets.
Antitrust law presumes that entry normally prevents or reverses anticompetitive effects from horizontal mergers.