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Articles 1 - 8 of 8
Full-Text Articles in Law
Econometrics In The Courtroom, Daniel L. Rubinfeld
Econometrics In The Courtroom, Daniel L. Rubinfeld
Daniel L. Rubinfeld
No abstract provided.
Merger Simulation: A Simplified Approach With New Applications, Roy J. Epstein, Daniel L. Rubinfeld
Merger Simulation: A Simplified Approach With New Applications, Roy J. Epstein, Daniel L. Rubinfeld
Daniel L. Rubinfeld
Merger simulation is growing in importance as a tool to evaluate the unilateral competitive effects of mergers. This paper offers a relatively non-technical description of the principles of merger simulation. In addition, it introduces PCAIDS, a new and highly flexible "calibrated-demand" merger simulation methodology that is based on a simplified version of AIDS. PCAIDS can be implemented using market shares and two price elasticities; scanner or transaction-level data are not required. The paper offers some applications of merger simulation with PCAIDS that include comparisons with other simulation models. It also shows how PCAIDS can be applied to the analysis of …
Antitrust Enforcement In Dynamic Network Industries, Daniel L. Rubinfeld
Antitrust Enforcement In Dynamic Network Industries, Daniel L. Rubinfeld
Daniel L. Rubinfeld
No abstract provided.
Why Was The Democratic Transition In South Africa Viable, Daniel L. Rubinfeld, Robert P. Inman
Why Was The Democratic Transition In South Africa Viable, Daniel L. Rubinfeld, Robert P. Inman
Daniel L. Rubinfeld
No abstract provided.
Airline Network Effects And Consumer Welfare, Daniel L. Rubinfeld, Mark Israel, Bryan Keating, Bobby Willig
Airline Network Effects And Consumer Welfare, Daniel L. Rubinfeld, Mark Israel, Bryan Keating, Bobby Willig
Daniel L. Rubinfeld
In this paper we develop a methodology to quantify the value to consumers of the non-price characteristics of airline networks. Our research demonstrates that analyses that ignore the quality effects associated with expanded airline networks generate incorrect findings and thus should not form the basis for policy decisions regarding airline transactions. Appropriately incorporating quality effects into quality-adjusted fares reverses the conclusion that hub airports yield lower consumer welfare due to generally higher fares than other airports. From the perspective of consumer welfare in this industry, to evaluate potential airline mergers, alliances, slot swaps or other transactions, one should not focus …
Proposed Horizontal Merger Guidelines: Economists’ Comment, Michael R. Baye, Aaron S. Edlin, Richard J. Gilbert, Jerry A. Hausman, Daniel L. Rubinfeld, Steven C. Salop, Richard L. Schmalensee, Joshua D. Wright
Proposed Horizontal Merger Guidelines: Economists’ Comment, Michael R. Baye, Aaron S. Edlin, Richard J. Gilbert, Jerry A. Hausman, Daniel L. Rubinfeld, Steven C. Salop, Richard L. Schmalensee, Joshua D. Wright
Daniel L. Rubinfeld
No abstract provided.
The Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld
The Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld
Daniel L. Rubinfeld
No abstract provided.
Exclusion Or Efficient Pricing: The "Big Deal" Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld
Exclusion Or Efficient Pricing: The "Big Deal" Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld
Daniel L. Rubinfeld
Prices of academic journals have climbed enormously in the past two decades. This article explains the substantial barriers to entry that established journals enjoy. It points out that the Big Deal bundling that the large commercial publishers have adopted in the past few years creates a substantial additional strategic barrier to entry. We consider whether these bundling offers violate the antitrust laws and conclude that they may.