Displaying 421 - 440 of 652
Report
Predation, Entry and the Diversified Firm
Date
This study examines the relationship between diversification and predation. Unlike previous analyses, the focus is placed on the role of the firm's investments in sunk cost assets. Unlike the single...
File
Predation, Entry and the Diversified Firm
(158.86 KB)
Report
Do Government-Imposed Ownership Restrictions Inhibit Efficiency? FCC's Duopoly Rule
Date
The Federal Communications Commission limits the common ownership of multiple broadcast outlets in the same local market. This paper examines whether there are efficiencies from common ownership that...
Report
The Impact of State Price and Entry Regulation on Intra-State Long Distance Telephone Rates
Date
Study finds that states using price cap regulation have 7-10 percent lower long-distance rates than states using rate-of-return regulation. In addition, state regulatory entry barriers tend to...
File
Copy of Report
(4.83 MB)
Report
The Relationship Between Industrial Sales Prices and Concentration of Interstate Natural Gas Pipelines
Date
Many economic studies find market concentration positively related to profits. The findings may be explained either by oligopoly behavior or by greater efficiency of firms with large market shares...
Report
A Theory of Minimum Quality Standards: Quacks, Lemons & Licensing Revisited
Date
An analytical model is employed to investigate competitive markets characterized by asymmetric consumer information as to product quality. Support is found for Leland's conclusion [1979] that a...
Report
Deregulation by Vertical Integration
Date
Regulators often confront the question of whether they should allow a regulated firm to vertically integrate. The relevant policy concerns are whether the downstream price will rise from the vertical...
File
Deregulation by Vertical Integration
(324.3 KB)
Report
Vertical Integration as Strategic Behavior in a Spatial Setting: Reducing Rival's Revenues
Date
This paper provides a formal treatment of how vertical integration may deter entry "by reducing rivals' revenues". We examine a spatial market with the locations of firms fixed due to location...
Report
Regulation of Advertising: Capital Market Effects
Date
Report finds that firms who lose litigated FTC advertising cases can suffer a 5 percent loss in market value. The report also examined NAD, NARB, and Lanham Act cases.
File
Copy of Report
(4.31 MB)
Report
The Costs of Railroad Regulation: A Further Analysis
Date
The Staggers Act of 1980 largely ended almost a century of government regulation of railroads. This paper presents evidence that deregulation has had a positive impact on the economy. Specifically...
File
Report
Resale Price Maintenance: Economic Evidence from Litigation
Date
Report reviews all 203 public and private RPM cases from 1976 to 1982 (pre-Monsanto decision). Finds that case records are consistent with several of the efficiency-enhancing rationales for the use of...
File
Copy of Report
(8.11 MB)
Report
State Regulation of Takeovers and Shareholder Wealth: The Case of New York's 1985 Takeover Statutes
Date
Past studies of takeover regulations have found that they increase the premiums paid to the shareholders of successfully acquired targets. Jarrell and Bradley argue that these higher premiums harm...
Report
Enforcing Time Inconsistent Government Regulations
Date
Certain government regulations require a good deal of investment by firms before the regulations actually go into effect. In these cases, if a firm does not engage in the desired level of investment...
File
Report
The Impact of Automobile Fuel Economy Standards
Date
N/A
File
The Impact of Automobile Fuel Economy Standards
(417.38 KB)
Report
The Effect of State Certificate-of-Need Laws on Hospital Costs: An Economic Policy Analysis
Date
Study evaluates the effects of CON regulation on hospital costs using 1983-1984 data for a national sample of 3708 hospitals. Study finds no evidence that CON programs have led to the resource savings...
File
Copy of Report
(4.33 MB)
Report
The Analysis of Causality in Escape Clause Cases
Date
Under Section 201 of the Trade Act of 1974, the so-called escape clause, a domestic industry that is seriously injured can obtain temporary relief if imports are the substantial cause of such injury....
File
The Analysis of Causality in Escape Clause Cases
(461.71 KB)
Displaying 421 - 440 of 652