EAG Discussion Papers Before 2006


This document is available in three formats: this web page (for browsing content), PDF (comparable to original document formatting), and WordPerfect. To view the PDF you will need Acrobat Reader, which may be downloaded from the Adobe site.



EAG Discussion Papers Before 2006

254. Russell Pittman, Make, Buy, or Some of Both? The Case of Russian Railways, EAG 05-11, October 2005. Forthcoming in Economic Change and Restructuring.

253. Jeremy A. Verlinda, The Effect of Market Structure on the Empirical Distribution of Airline Fares, EAG 05-10, October 2005.

252. Rene Kamita, Analyzing the Impact of Antitrust Immunity: Price Effects Following the Aloha-Hawaiian Antitrust Immunity Agreement, EAG 05-9, October 2005.

251. Russell Pittman, Restructuring the Russian Electricity Sector: Re-Creating California?, EAG 05-8, October 2005. Published in 35 Energy Policy 2007.

250. Charles Romeo, Russell Pittman and Norman Familant, The Effect of Editorial Competition on Newspaper Circulation, EAG 05-7, October 2005.

249. Cory S. Capps, The Quality Effects of Hospital Mergers, EAG 05-6, October 2005.

248. Dean V. Williamson, Contracting over Uncertain Property Rights: Evidence from R&D Consortium Contracts, EAG 05-5, June 2005.

247. Olivier Armantier and Oliver Richard, Domestic Airline Alliances and Consumer Welfare, EAG 05-4, May 2005.

246. Olivier Armantier and Oliver Richard, Evidence on Pricing from the Continental Airlines Code-Share Agreement, EAG 05-3, March 2005.

245. William D. Drake, Choosing How to Monitor a Competitor When Colluding, EAG 05-2, March 2005.

244. George A. Rozanski and T. Scott Thompson, Use of Econometrics at the U.S. Department of Justice, EAG 05-1, March 2005. Published as Chapter VI in ABA Section of Antitrust law, Econometrics (2005).

243. Wayne R. Dunham, The Determination of Antitrust Liability in U.S. v. Microsoft: The Empirical Evidence the Department of Justice Used to Prove its Case, EAG 04-16, October 2004.

242. Sheldon Kimmel, Comment on Top-of-the-Market Contract-Pricing Clauses, EAG 04-15, October 2004.

241. William W. Nye, A Note on the Incidence and Possible Cost of 'Critical Circumstances' Penalties in U.S. Antidumping Enforcement, EAG 04-14, October 2004. Published at 14 The International Trade Journal 337 (2005).

240. Patrick Greenlee, David Reitman and David S. Sibley, An Antitrust Analysis of Bundled Loyalty Discounts, EAG 04-13, October 2004. Forthcoming in International Journal of Industrial Organization.

239. Alexander Raskovich, Solving Holdup through Intermediation, EAG 04-12, August 2004.

238. Ken Heyer, A World of Uncertainty: Economics and the Globalization of Antitrust, EAG 04-11, August 2004. Published at 72 Antitrust Law Journal 375 (2005).

237. Charles J. Romeo and Mary W. Sullivan, Controlling for Temporary Promotions in a Differentiated Products Model of Consumer Demand, EAG 04-10, August 2004.

236. Ari Gerstle, Mergers in Durable-Goods Industries: A Re-Examination of Market Power and Welfare Effects, EAG 04-9, August 2004.

235. David S. Sibley, Michael J. Doane, Michael A. Williams, and Shu-Yi Tsai, Pricing Access to a Monopoly Input, EAG 04-8, March 2004. Published at 6(4) Journal of Public Economic Theory 541 (2004).

234. David S. Sibley and Simon Wilkie, Equilibrium Exit from a Long Term Contract, EAG 04-7, March 2004.

233. David S. Sibley, Cost Asymmetries, Mavericks and Coordinated Behavior, EAG 04-6, March 2004.

232. Thomas P. Lyon and Jing Li, Regulatory Uncertainty and Regulatory Scope, EAG 04-5, January 2004.

231. Thomas P. Lyon and Eric Rasmusen, Buyer-Option Contracts Restored: Renegotiation, Inefficient Threats, and the Hold-Up Problem, EAG 04-4, January 2004.

230. Patrick Greenlee and Keith Waehrer, The Effect of Profit Sharing on Auction Markets, EAG 04-3, February 2004.

229. Patrick Greenlee and David Reitman, Competing with Loyalty Discounts, EAG 04-2, February 2004.

228. Russell Pittman, Abuse-of-Dominance Provisions of Central and Eastern European Competition Laws: Have Fears of Over-Enforcement Been Borne Out?, EAG 04-1, January 2004. Published at 27 World Competition 245 (2004).

227. Eric Emch, GECAS and the GE/Honeywell Merger: A Response to Reynolds and Ordover, EAG 03-13, August 2003. Published at 72(1) Antitrust Law Journal 233 (2004).

226. Charles J. Romeo, Estimating Discrete Joint Probability Distributions for Demographic Characteristics at the Store Level Given Store Level Marginal Distributions and a Market-Wide Joint Distribution, EAG 03-12, August 2003. Published at 3(1) Quantitative Marketing and Economics 71 (2005).

225. Dean V. Williamson, Renegotiation, Dynamic Efficiency, and Vertical Restraints in Electricity Marketing Contracts, EAG 03-11, August 2003.

224. Russell Pittman, Railways Reform and Electricity Reform in Russia, and the Role of the Ministry for Antimonopoly Policy, EAG 03-10, August 2003. Published at 53 Acta Economica 339 (2003).

223. Russell Pittman, Regulatory Reform: Lessons for Korea, EAG 03-9, August 2003. Published at Lee-Jay Cho and Yoon Hyung Kim, eds., Institutional and Policy Reforms to Enhance Corporate Efficiency in Korea, Korea Development Institute, 2006.

222.Gregory J. Werden, The American Airlines Decision: Not with a Bang but a Whimper, EAG 03-8, August 2003.

221. William W. Nye, Jumping the Gun: The Cellophane Strategy and the Incentives of Firms Contemplating Merger, EAG 03-7, April 24, 2003.

220. W. Tom Whalen, Constrained Contracting and Quasi-Mergers: Price Effects of Code Sharing and Antitrust Immunity in International Airline Alliances, EAG 03-6, April 24, 2003.

219. Russell Pittman, A Note on Non-Discriminatory Access to Railroad Infrastructure, EAG 03-5, April 24, 2003. Published at 75 Annals of Public and Cooperative Economics 167 (2004).

218. Jeffrey Wilder, Competing for the Effort of a Common Agent: Contingency Fees in Commercial Insurance, EAG 03-4, February 21, 2003.

217. Fred Gramlich, Coupon Remedies in Antitrust Cases: The Form of the Discount Also Matters, EAG 03-3, February 10, 2003.

216. Gregory J. Werden, The Effect of Antitrust Policy on Consumer Welfare: What Crandall and Winston Overlook, EAG 03-2, January 2003.

215. Craig Peters, Evaluating the Performance of Merger Simulation: Evidence from the U.S. Airline Industry, EAG 03-1, January 2003. Published at 49 Journal of Law and Economics 627 (2006).

214. Sheldon Kimmel, The Supreme Court's Efficiency Defense, EAG 02-13, September 2002. Published at 12 Supreme Court Economic Review 209.

213. Sean Ennis, A Nonparametric Analysis of International Long-Distance Demand, EAG 02-12, August 2002.

212. Keith Waehrer, Mechanisms for Dividing Labor and Sharing Revenue in Joint Ventures, EAG 02-11, June 5, 2002.

211. Andrew R. Dick, Knowing Your Rival's Price: Some Guideposts for Evaluating Communications Between Competitors, EAG 02-10, August 2002.

210. Gregory J. Werden, Beyond Critical Loss: Tailoring Applications of the Hypothetical Monopolist Paradigm, EAG 02-9, August 2002.

209. Gregory J. Werden, Market Delineation Algorithms Based on the Hypothetical Monopolist Paradigm, EAG 02-8, August 2002.

208. Suzanne E. Majewski, Knowledge Spillovers in Strategic Alliances: The Case of Biotechnology, EAG 02-7, July 12, 2002.

207. Cindy R. Alexander, Corporate Stock Ownership as an Alignment Mechanism: Hidden Actions and the Determinants of Corporate and Insider Ownership, EAG 02-6, May 2002.

206. Sean F. Ennis, Connection and Disconnection of Networks, EAG 02-5, April 2002.

205. Sheldon Kimmel, Bertrand Competition Without Completely Certain Production, EAG 02-4, April 2002.

204. Eric Emch, Does Opportunism Explain Markups in Laser Printer Toner and Memory? No and Yes. Evidence on Pricing in Laser Printer Aftermarkets, EAG 02-3, March 2002.

203. Russell Pittman, Chinese Railway Reform and Competition: Vertical or Horizontal Restructuring?, EAG 02-2, March 2002. Published at 38 Journal of Transport Economics and Policy 305 (2004).

202. Suzanne E. Majewski and Dean V. Williamson, Endogenous Spillovers, Strategic Blocking, and the Design of Contracts in Collaborative R&D: Evidence from NCRA filings of R&D Joint Ventures, EAG 02-1, March 2002.

201. Keith Waehrer and Martin K. Perry, The Effects of Mergers in Open Auction Markets, EAG 01-10, July 3, 2001. Forthcoming in the Rand Journal of Economics.

200. Cory Capps, David Dranove and Mark Satterthwaite, Competition and Market Power in Option Demand Markets, EAG 01-9, September 20, 2001. Published at 34 RAND Journal of Economics 4 (2003).

199. David Reitman, Mergers in Durable Goods Markets with Rational Customers, EAG 01-8, September 7, 2001.

198. Russell Pittman, Vertical Restructuring of the Infrastructure Sectors of Transition Economies, EAG 01-7, September 28, 2001. Published at 3 Journal of Industry, Competition and Trade 5 (2003).

197. Patrick Greenlee and Alexander Raskovich, Vertical Ownership Without Control, EAG 01-6, August 1, 2001. Published in 1017 European Economic Review 50 (2006) as "Partial Vertical Ownership".

196. Charles J. Romeo and Andrew R. Dick, The Effect of Format Changes and Ownership Consolidation on Radio Station Outcomes, EAG 01-5, May 24, 2001.

195. Kenneth Danger and H.E. Freech III, Critical Thinking about "Critical Loss" in Antitrust, EAG 01-4, May 18, 2001. Published at 46 Antitrust Bulletin 339 (2001).

194. Sean Ennis, Competition and Price Dispersion in International Long Distance Calling, EAG 01-3, April 23, 2001.

193. Mary Sullivan, How Many Trademarks Does It Take to Protect a Brand? The Optimal Number of Trademarks, Branding Strategy and Brand Performance, EAG 01-2, April 18, 2001.

192. Vivek Ghosal, The Impact of Uncertainty and Sunk Costs on Firm Dynamics and Industry Structure: Evidence from the U.S. Manufacturing Sector, EAG 01-1, February 18, 2001.

191. Cindy Alexander, Jennifer Arlen, and Mark A. Cohen, Toward an Empirical Foundation for Federal Sentencing Practice: An Evaluation of Corporate Sentencing Data, EAG 00-12, December 29, 2000.

190. Eric Emch, Price Discrimination via Proprietary Aftermarkets, EAG 00-11, December 22, 2000. Published at 2Contributions to Economic Analysis & Policy 1063 (2003).

189. Charles Romeo, Russell Pittman, and Norman Familant, Do Newspaper JOA's Charge Monopoly Advertising Rates? Theory and Evidence, EAG 00-10, December 18, 2000. Published at 22 Review of Industrial Organization 121 (2003).

188. Alex Raskovich, Pivotal Buyers and Bargaining Power, EAG 00-9, December 7, 2000. Published at 4 Journal of Industrial Economics 405 (2003).

187. Hideo Konishi, and Michael Sandfort, Existence of Stationary Equilibrium in the Markets for New and Used Durable Goods, EAG 00-8, December 5, 2000.

186. Vivek Ghosal, Potential Foreign Competition in U.S. Manufacturing, EAG 00-7, September 22, 2000.

185. Charles Romeo, A Gibbs Sampler for Mixed Logit Analysis of Differentiated Product Markets Using Aggregate, EAG 00-6, September 18, 2000. Forthcoming in Computational Economics.

184. Antonio Estache, Andrea Goldstein, and Russell Pittman, Privatization and Regulatory Reform in Brazil: The Case of Freight Railways, EAG 00-5, September 16, 2000. Published at 1 Journal of Industry Competition and Trade 203 (2001).

183. Marius Schwartz, The Economic Logic for Conditioning Bell Entry into Long Distance on the Prior Opening of Local Markets, EAG 00-4, March 15, 2000. Published at 18 Journal of Regulatory Economics (Practitioners Section) 247 (2000).

182. William W. Nye, Fable in Another Key: Path Dependence and the Licensing of Music Performance Rights, EAG 00-3, March 31, 2000.

181. Mary Sullivan, The Effect of the Big Eight Accounting Firm Mergers on the Market for Audit Services, EAG 00-2, March 17, 2000.

180. Constance Helfat, and Ruth Raubitschek, Product Sequencing: Co-Evolution of Knowledge, Capabilities and Products, EAG 00-1, February 18, 2000. Published at 21 Strategic Management Journal 961 (2000).

179. Patrick Greenlee, Endogenous Formation of Competitive Research Sharing Joint Ventures, EAG 99-2, December 2, 1999. Published at 355 Journal of Industrial Economics 53 (2005).

178. Sheldon Kimmel, The Goals of Milk Policy, EAG 99-1, December 1, 1999.

177. Mark J. McCabe, Analyzing Welfare in Related Markets: Durable Goods and Aftermarkets, EAG 97-4, September 12, 1997.

176. Crooke, Philip, Luke M. Froeb, Steven Tschantz, and Gregory J. Werden, Effects of the Assumed Demand System on Simulated Postmerger Equilibria, EAG 97-3, August 14, 1997. Published at 15 Review of Industrial Economics 205 (1999).

175. Pittman, Russell, Competition Law in Central and Eastern Europe: Five Years Later, EAG 97-2, June 6, 1997. Published at 43 Antitrust Bulletin 179 (1998).

174. Froeb, Luke M. and Gregory J. Werden, A Robust Test for Consumer Welfare Enhancing Mergers Among Sellers a Homogeneous Product, EAG 97-1, June 5, 1997. Published at 58 Economics Letters 367 (1998).

173. Werden, Gregory J., Demand Elasticities in Antitrust Analysis, EAG 96-11, November 29, 1996. Published at 66 Antitrust Law Journal 363 (1998).

172. Kimmel, Sheldon, Lowering Price by Buying Competitors in Order to Shut Them Down, EAG 96-10, October 15, 1996.

171. Raskovich, Alexander, Contracts to Mitigate Deadweight Loss, EAG 96-9, September 23, 1996.

170. Werden, Gregory J., and Luke M. Froeb, The Entry Inducing Effects of Horizontal Mergers, EAG 96-8, September 20, 1996. Published at 46 Journal of Industrial Economics 525 (1998).

169. Alexander, Cindy R., and Mark A. Cohen, Why Do Corporations Become Criminals? An Agency Explanation, EAG 96-7, July 16, 1996. Published at 5 Journal of Corporate Finance 1 (1999).

168. Einhorn, Michael A., INTELSAT: A Reform Proposal, EAG 96-6, July 15, 1996. Revised version published at 10 Information Economics and Policy 197 (1998).

167. Alexander, Cindy R., and Mark A. Cohen, New Evidence on the Origins of Corporate Crime, EAG 96-5, July 12, 1996. Published at 17 Managerial and Decision Economics 421 (1996).

166. Dunham, Wayne R., Moral Hazard and the Market for Used Automobiles, EAG 96-4, July 11, 1996 Published at 35 Economic Inquiry 579 (1997).

165. McCabe, Mark J., and James G. Hewlett, Dynamic Behavior of Regulated Firms: Evidence from Nuclear Utilities, EAG 96-3, July 1, 1996.

164. Werden, Gregory J., Simulating the Effects of Differentiated Products Mergers, EAG 96-2, June 24, 1996. Revised versions published under different titles at 5 George Mason Law Review 363 (1997) and as ch. 7 in Julie A. Caswell & Ronald W. Cotterill eds., Strategy and Policy in the Food System: Emerging Issues (1997).

163. Werden, Gregory J., A Robust Test for Consumer Welfare Enhancing Mergers Among Sellers of Differentiated Products, EAG 96-1, June 14, 1996. Published at 44 Journal of Industrial Economics 409 (1996).

162. Gillespie, William, Cheap Talk, Price Announcements, and Collusive Coordination, EAG 95-3, September 25, 1995.

161. Werden, Gregory J., and Luke M. Froeb, Simulation as an Alternative to Structural Merger Policy in Differentiated Products Industries, EAG 95-2, September 18, 1995. Published as ch. 4 in Malcolm B. Coate and Andrew N. Kleit, eds., The Economics of the Antitrust Process, Kluwer Academic Publishers, 1996.

160. Schwartz, Marius, and Gregory J. Werden, A Quality-Signaling Rationale for Aftermarket Tying, EAG 95-1, September 11, 1995. Published at 64 Antitrust Law Journal 387 (1996).

159. McCabe, Mark J., Principals, Agents, and the Learning Curve: The Case of Steam-Electric Power Plant Design and Construction, EAG 94-3, November 17, 1994. Published at 44 Journal of Industrial Economics 357 (1996).

158. Gilbert, Richard J., and Steven C. Sunshine, Incorporating Dynamic Efficiency Concerns in Merger Analysis: The Use of Innovation Markets, EAG 94-2, November 2, 1994. Published at 63 Antitrust Law Journal 569 (1995).

157. Werden, Gregory J., Luke M. Froeb, and Timothy J. Tardiff, The Use of the Logit Model in Applied Industrial Organization, EAG 94-1, November 1, 1994. Published at 3 International Journal of the Economics of Business 85 (1996).

156. Raskovich, Alex, Vertical Control with Costly Free-Riding, EAG 93-11, September 14, 1993

155. Ordover, Janusz A., and Russell W. Pittman, Restructuring the Polish Railway for Competition, EAG 93-10, September 13, 1993. Published in Przeglad Organizacji, January 1994, at 23.

154. Brennan, Timothy J., Is Cost-of-Service Regulation Worth the Cost?, EAG 93-9, September 10, 1993. Published at 3 International Journal of the Economics of Business 25 (1996).

153. Kodres, Laura E., and Daniel P. O'Brien, The Existence of Pareto Superior Price limits, EAG 93-8, September 1, 1993. Published at 84 American Economic Review 919 (1994).

152. Alexander, Cindy R., and David Reiffen, Vertical Contracts as Strategic Commitments, EAG 93-7, August 30, 1993. Published at 4 Journal of Economics & Management Strategy 623 (1995).

151. Malueg, David A. and Schwartz, Marius, Parallel Imports, Demand Dispersion, and International Price Discrimination, EAG 93-6, August 25, 1993. Published at 10 Journal of International Economics 167 (1994).

150. Froeb, Luke M., Werden, Gregory J. Werden, and Tardiff, Timothy J., The Demsetz Postulate and the Effects of Mergers in Differentiated Products Industries, EAG 93-5, August 24, 1993. Published in Fred S. McChesney ed., Economic Inputs, Legal Outputs: The Role of Economists in Modern Antitrust (1998).

149. Werden, Gregory J. and Froeb, Luke M., The Effects of Mergers in Differentiated Products Industries: Logit Demand and Structural Merger Policy, EAG 93-4, August 23, 1993. Published at 10 Journal of Law, Economics, & Organization 407 (1994).

148. Nye, William W., Some Economic Issues in Licensing of Music Performance Rights: Controversies in Recent ASCAP-BMI Litigation, EAG 93-3, February 1, 1993.

147. Froeb, Luke M., Koyak, Robert A., and Werden, Gregory J., What Is the Effect of Bid-Rigging on Prices?, EAG 93-2, January 28, 1993. Published at 42 Economics Letters 419 (1993).

146. Hay, George A., and Werden, Gregory J., Horizontal Mergers: Law, Policy, and Economics, EAG 93-1, January 25, 1993. Shorter version published at 83 American Economic Review, Papers and Proceedings 173 (1993).

145. Gramlich, Fred, Mergers that Substantially Lessen Competition: A Benefit-Cost Approach to Merger Enforcement, EAG 92-10, December 17, 1992.

144. Ordover, Janusz A., and Pittman, Russell W., Competition Policies for Natural Monopolies in a Developing Market Economy, EAG 92-9, November 9, 1992. Published in S. Rayner, ed., Trade and Finance in Central and Eastern Europe (1993) and in 2 Economics of Transition 317 (1994).

143. Werden, Gregory J., The History of Antitrust Market Delineation, EAG 92-8, July 2, 1992. Published at 76 Marquette Law Review 123 (1992).

142. Raskovich, Alexander and Froeb, Luke M., Has Competition Failed in the Credit Card Market?, EAG 92-7, June 12, 1992.

141. Vistnes, Gregory S., Interval Contracts, EAG 92-6, April 16, 1992.

140. Vistnes, Gregory S., Strategic Alliances, Cliques, and Competition in Markets with Network Goods, EAG 92-5, March 20, 1992.

139. Van Siclen, Sally J., A Practical Analysis of the Economics of Demonopolization, EAG 92-4, March 19, 1992. Published under a different title in Saul Estrin and Martin Cave, eds., Competition and Competition Policy: A Comparative Analysis of Central and Eastern Europe (1993)

138. Majerus, David W., Durable Goods Monopoly with a Finite But Uncertain Number of Consumers, EAG 92-3, February 3, 1992.

137. Pittman, Russell, Merger Law in Central and Eastern Europe, EAG 92-2, January 9, 1992. Published at 7 American University Journal of International Law and Policy 649 (1992).

136. Werden, Gregory J., Market Delineation under the Merger Guidelines: A Tenth Anniversary Retrospective, EAG 92-1, January 2, 1992. Published 38 Antitrust Bulletin 517 (1993).

135. Pittman, Russell, Some Critical Provisions in the Antimonopoly Laws of Central and Eastern Europe, EAG 91-10, September 20, 1991. Published at 26 The International Lawyer 485 (1992).

134. Kimmel, Sheldon, A Fundamental Bias in Studying Effects of Concentration on Price, EAG 91-9, August 15, 1991.

133. Rubinovitz, Robert, Market Power and Price Increases for Basic Cable Service Since Deregulation, EAG 91-8, August 6, 1991. Published at 24 Rand Journal of Economics 1 (1993).

132. Froeb, Luke M., and Werden, Gregory J., Endogeneity in the Concentration-Price Relationship: Causes and Consequences, EAG 91-7, July 1, 1991. Revised version published at 61 Journal of Industrial Economics 431 (1993).

131. Werden, Gregory J., and Luke M. Froeb, Correlation, Causality, and All that Jazz: The Inherent Shortcomings of Price Tests for Antitrust Market Delineation, EAG 91-6, June 12, 1991. Published at 8 Review of Industrial Organization 329 (1993).

130. Town, Robert J., Price Wars and Demand Fluctuations: A Re-examination of the Joint Executive Committee, EAG 91-5, June 4, 1991.

129. Vistnes, Gregory S., An Empirical Investigation of Procurement Contract Structures, EAG 91-4, May 20, 1991. Published at 25 Rand Journal of Economics 215 (1994).

128. Werden, Gregory J., A Review of the Empirical and Experimental Evidence on the Relationship between Market Structure and Performance, EAG 91-3, May 8, 1991.

127. Town, Robert J., Merger Waves and the Structure of Merger and Acquisition Time Series, EAG 91-2, February 15, 1991. Published at 7 Journal of Applied Econometrics S83 (1992).

126. McAfee, R. Preston, and Marius Schwartz, Two-Part Tariffs to Competing Firms: Destructive Recontracting, Nondiscrimination, and Exclusivity, EAG 91-1, January 7, 1991. Revised version published in 84 American Economic Review 210 (1994).

125. Joskow, Andrew S., Gregory J. Werden, and Richard L. Johnson, Entry, Exit, and Performance in Airline Markets, EAG 90-10, December 31, 1990. Published at 12 International Journal of Industrial Economics 457 (1994).

124. Malueg, David A., Collusive Behavior and Partial Ownership of Rivals, EAG 90-9, December 28, 1990. Published at 10 International Journal of Industrial Organization 27 (1992).

123. Kimmel, Sheldon, Estimating Economic Interests of Firms: An Essay on Skepticism, Trust, and Antitrust, EAG 90-8, December 20, 1990. Published under a different title in 40 Journal of Industrial Economics 441 (1992).

122. Simpson, R. David, The Decline of an Import-Competing Industry: A Case Study of U.S. Primary Zinc Production, EAG 90-7, December 15, 1990.

121. Pittman, Russell, Specific Investments, Contracts, and Opportunism: The Evolution of Railroad Sidetrack Agreements, EAG 90-6, June 26, 1990. Published at 34 Journal of Law and Economics 565 (1991).

120. Werden, Gregory J., Four Suggestions on Market Delineation, EAG 90-5, May 17, 1990. Published at 37 Antitrust Bulletin 107 (1992).

119. Werden, Gregory J., Antitrust Policy Toward Horizontal Mergers: A Comment on Farrell and Shapiro, EAG 90-4, May 15, 1990. Published at 81 American Economic Review 1002 (1991).

118. Froeb, Luke M., and Gregory J. Werden, Market Delineation Under the Merger Guidelines: The Role of Residual Demand Elasticities, EAG 90-3, April 10, 1990. Published under different titles at 6 Review of Industrial Organization 33 (1991) and 7 Review of Industrial Organization 241 (1992).

117. Alexander, Cindy R., and Bruce H. Kobayashi, The Role of Property Rights in Determining the Value of the Hart-Scott-Rodino Act, EAG 90-2, March 22, 1990.

116. Rubinovitz, Robert, Moral Hazard in the Thrift Industry, EAG 90-1, February 2, 1990.

115. Pittman, Russell W., and Gregory J. Werden, The Divergence of SIC Industries From Antitrust Markets: Indications From Justice Department Merger Cases, EAG 89-16, November 28, 1989. Published at 33 Economics Letters 283 (1990).

114. Werden, Gregory J., Andrew S. Joskow, and Richard L. Johnson, The Effects of Mergers on Economic Performance: Two Case Studies from the Airline Industry, EAG 89-15, October 2, 1989. Published at 12 Managerial and Decision Economics 341 (1991).

113. Simpson, R. David, Output Responses in a Supergame with Varying Costs, EAG 89-14, September 28, 1989.

112. Froeb, Luke, and Dean Amel, Do Firms Differ Much?, EAG 89-13, August 25, 1989. Published at 39 Journal of Industrial Economics 323 (1991).

111. Simpson, R. David, Signaling in an Infinitely Repeated Cournot Game With Output Restrictions, EAG 89-12, July 31, 1989. Published at 9 International Journal of Industrial Organization 365 (1991).

110. Nye, William, W., Some Evidence on Firm-Specific Learning-by-Doing in Semiconductor Production, EAG 89-11, July 26, 1989. Revised version published at 11 Review of Industrial Organization 383 (1996).

109. Froeb, Luke, Do Plea Bargaining Mechanisms Release Information?, EAG 89-10, July 21, 1989.

108. Joyce, Jon M., Firm Financial Strength, Defendant Fines, and Antitrust Deterrence: A Preliminary Empirical Exploration, EAG 89-9, July 17, 1989.

107. Malueg, David A., and Marius Schwartz, Preemptive Investment, Toehold Entry, and the Mimicking Principle, EAG 89-8, June 9, 1989. Published at 22 Rand Journal of Economics 1 (1991).

106. Kimmel, Sheldon, Existence, Uniqueness and Efficiency of Auction Equilibria, EAG 89-7, June 7, 1989.

105. Schwartz, Marius, Third-Degree Price Discrimination and Output: Generalizing a Welfare Result, EAG 89-6, June 3, 1989. Published at 80 American Economic Review 1259 (1990).

104. Rubinovitz, Robert, How Does Financial Performance Influence a Thrift's Decision to Diversify?, EAG 89-5, May 30, 1989.

103. McFarland, Henry, The Effects of U.S. Railroad Deregulation on Shippers, Labor and Capital, EAG 89-4, March 23, 1989. Published at 1 Journal of Regulatory Economics 259 (1989).

102. Collins, Kevin, Fee-Shifting and Detrebling Damages in Private Predatory Pricing Cases, EAG 89-3, March 15, 1989.

101. Werden, Gregory J., The Limited Relevance of Patient Migration Data in Market Delineation for Hospital Merger Cases, EAG 89-2, March 10, 1989. Published at 8 Journal of Health Economics 363 (1989).

100. Brennan, Timothy J., Refusing to Cooperate With Competitors: A Theory of Horizontal Boycotts, EAG 89-1, March 8, 1989. Published at 35 Journal of Law and Economics 247 (1992).

99. Schwartz, Marius, Investments in Oligopoly: Welfare Effects and Tests for Predation, EAG 88-16, November 24, 1988. Published at 41 Oxford Economic Papers 698 (1989).

98. Nye, William, An Economic Profile of Export Trading Companies, EAG 88-15, November 18, 1988. Published at 38 Antitrust Bulletin 309 (1993).

97. Malueg, David A., and John L. Solow, A Note on Welfare in the Durable-Goods Monopoly, EAG 88-14, October 4, 1988. Published at 56 Economica 523 (1989).

96. Werden, Gregory J., Price Fixing and Civil Damages: Setting the Record Straight, EAG 88-13, September 20, 1988. Published at 34 Antitrust Bulletin 307 (1989).

95. Kimmel, Sheldon, Pareto Inferior Trade?, EAG 88-12, September 19, 1988.

94. Brennan, Timothy J., Regulating by "Capping" Prices, EAG 88-11, September 16, 1988. Published at 1 Journal of Regulatory Economics 133 (1989).

93. Pittman, Russell W., Railroads and Competition: Why the Santa Fe/Southern Pacific Merger Had to Die, EAG 88-10, August 26, 1988. Published at 34 Journal of Industrial Economics 26 (1990).

92. Werden, Gregory J., The Divergence of SIC Industries from Antitrust Markets: Some Evidence from Price Fixing Cases, EAG 88-9, August 24, 1988. Published at 28 Economics Letters 193 (1988).

91. Froeb, Luke, Auctions and Antitrust, EAG 88-8, August 22, 1988.

90. McAfee, R. Preston and Michael A. Williams, Horizontal Mergers and Antitrust Policy, EAG 88-7, May 16, 1988. Published at 40 Journal of Industrial Economics 181 (1992).

89. Brown, Donald M., and Frederick R. Warren-Boulton, Testing the Structure- Competition Relationship on Cross-Sectional Firm Data, EAG 88-6, May 11, 1988.

88. Froeb, Luke, and Preston McAfee, Deterring Bid Rigging in Forest Service Timber Auctions, EAG 88-5, May 5, 1988.

87. Froeb, Luke, Criminal Plea Bargaining with Uncertainty: An Empirical Model of Sentencing, EAG 88-4, March 14, 1988.

86. Hurdle, Gloria J., Richard L. Johnson, Andrew S. Joskow, Gregory J. Werden, and Michael A. Williams, Concentration, Potential Entry, and Performance in the Airline Industry, EAG 88-3, February 19, 1988. Published at 38 Journal of Industrial Economics 119 (1989).

85. Clarke, Richard N., Frederick R. Warren-Boulton, David D. Smith, and Marilyn J. Simon, Sources of the "Crisis" in Liability Insurance: An Economic Analysis, EAG 88-2, February 16, 1988. Published at 5 Yale Journal on Regulation 367 (1988).

84. McGuckin, Robert H., Frederick R. Warren-Boulton and Peter Waldstein, Analysis of Mergers Using Stock Market Returns, EAG 88-1, January 28, 1988. Published at 7 Review of Industrial Organization 1 (1992).

83. Hoven, John T., Exclusive Dealing Can Sustain a Monopoly, EAG 87-13, December 30, 1987.

82. Kobayashi, Bruce H., John R. Lott, Jr., Asymmetric Information, the Timing of Payment, and the Selection of Cases for Litigation, EAG 87-12, December 14, 1987.

81. Malueg, David A., Welfare Consequences of Emission Credit Trading Programs, EAG 87-11, November 17, 1987. Published at 18 Journal of Environmental Economics and Management 66 (1990).

80. Brennan, Timothy J., Exclusive Dealing and Conflict of Interest, EAG 87-10, November 6, 1987. Published at 56 Southern Economic Journal 323 (1989).

79. Joyce, Jon M., The Effect of Firm Organizational Structure on Price-Fixing Deterrence, EAG 87-9, November 3, 1987. Published at 7 Contemporary Policy Issues 19 (1989).

78. Kimmel, Sheldon, Price Correlation and Market Definition, EAG 87-8, September 23, 1987.

77. Kimmel, Sheldon, Marketing Orders and Stability: The Case of California-Arizona Oranges, EAG 87-7, July 20, 1987.

76. McFarland, Henry, Evaluating Q as an Alternative to the Rate of Return in Measuring Profitability, EAG 87-6, July 15, 1987. Published at 70 Review of Economics and Statistics 614 (1988).

75. Fitzpatrick, Mary E., A Test of Passive Regulation Using An Endogenous Switching Regression, EAG 87-5, July 10, 1987.

74. Malueg, David A., Duopoly Equilibrium When Production and Sales Decisions Are Distinct, EAG 87-4, July 2, 1987.

73. Untiet, Charles, The Economics of Oil Pipeline Deregulation: A Review and Extension of the DOJ Report, EAG 87-3, May 22, 1987.

72. Brennan, Timothy J., Cross-Subsidization and Discrimination by Regulated Monopolists, EAG 87-2, March 19, 1987. Published at 2 Journal of Regulatory Economics 37 (1990).

71. Williams, Michael A., Andrew S. Joskow, Richard L. Johnson, and Gloria J. Hurdle, Explaining and Predicting Airline Yields With Nonparametric Regression Trees, EAG 87-1, February 4, 1987. Published at 24 Economics Letters 99 (1987).

70. Clarke, Richard N., SICs as Delineators of Economic Markets, EAG 86-18, October 30, 1986. Published at 62 Journal of Business 17 (1989).

69. Froeb, Luke, Evaluating Mergers in Durable Goods Industries, EAG 86-17, October 8, 1986. Published at 34 Antitrust Bulletin 99 (1989).

68. Brennan, Timothy J., Understanding "Raising Rivals' Costs." EAG 86-16, September 26, 1986. Published at 33 Antitrust Bulletin 95 (1988).

67. Malueg, David A., and John L. Solow, Should Durable Goods Monopolists Be Required to Sell? EAG 86-15, September 25, 1986. Published at 25 Economic Letters 283 (1987).

66. Warren-Boulton, Frederick R., and John E. Kwoka, Jr., Efficiencies, Failing Firms, and Alternatives to Merger: A Policy Synthesis, EAG 86-14, August 29, 1986. Published at 31 Antitrust Bulletin 431 (1986).

65. Malueg, David A., and John L. Solow, Endogenous Contract Choice and Market Structure, EAG 86-13, August 11, 1986.

64. Schwartz, Marius, The Perverse Effects of the Robinson-Patman Act, EAG 86-12, July 30, 1986. Published at 31 Antitrust Bulletin 733 (1986).

63. Baumann, Michael, and Marius Schwartz, Entry-Deterrence Externalities and Relative Firm Size, EAG 86-11, July 3, 1986. Published at 6 International Journal of Industrial Organization 181 (1988).

62. Johnson, Richard L., and David D. Smith, Antitrust Division Merger Procedures and Policy, 1968-1984, EAG 86-10, June 9, 1986. Published at 32 Antitrust Bulletin 967 (1987).

61. Smiley, Albert K., Direct Competition Among Cable Television Systems, EAG 86-9, June 5, 1986. Published under a different title at 7 Yale Journal on Regulation 121 (1990).

60. Schwartz, Marius, The Nature and Scope of Contestability Theory, EAG 86-8, May 20, 1986. Published at 38 Oxford Economic Papers 37 (Supp. 1986).

59. McFarland, Henry, Did Railroad Deregulation Lead to Monopoly Pricing? An Application of Q, EAG 86-7, April 21, 1986. Published at 60 Journal of Business 385 (1987).

58. Brennan, Timothy J., Taxing Home Audio Taping, EAG 86-6, April 15, 1986. Published at 32 Journal of Broadcasting and Electronic Media 89 (1988).

57. Brennan, Timothy J., Regulated Firms in Unregulated Markets: Understanding the Divestiture in U.S. v. AT&T, EAG 86-5, April 11, 1986. Published at 32 Antitrust Bulletin 749 (1987).

56. Guerin-Calvert, Margaret E., Robert H. McGuckin, and Frederick R. Warren-Boulton, State and Federal Regulation in the Market for Corporate Control, EAG 86-4, January 21, 1986. Published at 32 Antitrust Bulletin 661 (1987).

55. Sing, Merrile, Are Combination Gas and Electric Utilities Multiproduct Natural Monopolies?, EAG 86-3, January 17, 1986. Published at 69 Review of Economics and Statistics 392 (1987).

54. Froeb, Luke, Concentration, Sticky Prices, and Strategic Behavior, EAG 86-2, January 13, 1986.

53. Gramlich, Fred, Scrip Damages in Antitrust Cases, EAG 86-1, January 9, 1986. Published at 31 Antitrust Bulletin 261 (1986).

52. Werden, Gregory J., Challenges to Horizontal Mergers by Competitors Under Section 7 of the Clayton Act, EPO 85-16, December 6, 1985. Published at 24 American Business Law Journal 213 (1986).

51. Mikkelsen, Kent, Determinants of Private R&D Activity In a Less-Developed Country, EPO 85-15, November 25, 1985.

50. McFarland, Henry, Railroad Competitive Access: An Economic Analysis, EPO 85-14, November 20, 1985. Published at 23 Logistics and Transportation Review 207 (1987).

49. Baumann, Michael G., Gregory J. Werden, and Michael Williams, Rankings of Economics Departments by Field, EPO 85-13, September 27, 1985. Published at 31 American Economist 56 (1987).

48. Wang, Chaiho C., The Geometry of Concentration Indices, EPO 85-12, September 27, 1985. Shorter version published at 1985 American Statistical Association Business and Economics Proceedings 574.

47. Pittman, Russell, Market Structure and Campaign Contributions: Does Concentration Matter?, EPO 85-11, September 26, 1985. Published at 58 Public Choice 173 (1988).

46. Schwartz, Marius, Do Sunk Costs Discourage or Encourage Collusion?, EPO 85-10, September 26, 1985.

45. Schwartz, Marius, Anticompetitive Effects of Exclusive Dealing? What Comanor and Frech Really Show, EPO 85-9, August 2, 1985. Published at 77 American Economic Review 1063 (1987).

44. Baumann, Michael G., and Gregory J. Werden, The Optimal Measure of Market Concentration in a Model of Cartel Formation, EPO 85-8, May 23, 1985.

43. Werden, Gregory J., and Michael G. Baumann, Mergers and Economic Performance in a Model of Cartel Formation, EPO 85-7, April 23, 1985.

42. Joyce, Jon M., and Robert H. McGuckin, Assignment of Rights to Sue Under Illinois Brick: An Empirical Assessment, EPO 85-6, April 9, 1985. Published at 31 Antitrust Bulletin 235 (1986).

41. Williams, Michael A., An Economic Application of Bootstrap Statistical Methods: Addyston Pipe Revisited, EPO 85-5, February 26, 1985. Published at 30 American Economist 52 (1986).

40. Johnson, Richard L., Joseph J. Cordes, and Robert S. Goldfarb, Normative and Positive Aspects of Job Loss Compensation for Airline Employees, EPO 85-4, February 15, 1985. Published at 26 International Journal of Transport Economics 35 (1989).

39. Clarke, Richard N., and Robert E. Baldwin, Game Modelling the Tokyo Round of Tariff Negotiations, EPO 85-3, February 14, 1985. Published at 9 Journal of Policy Modeling 257 (1987).

38. McFarland, Henry, Ramsey Pricing of Inputs With Downstream Monopoly Power and Regulation: Implications for Railroad Rate Setting, EPO 85-2, February 8, 1985. Published at 20 Journal of Transport Economics and Policy 81 (1986).

37. Clarke, Richard, Unilateral Announcement of Information in Stochastic Duopoly, EPO 85-1, January 30, 1985. Published in Horst Albach, Jim Y. Jin, and Christoph Schenk, eds., Collusion through Information Sharing? New Trends in Competition Policy (1996)

36. Pittman, Russell, Tying Without Exclusive Dealing, EPO 84-13, September 20, 1984. Published at 30 Antitrust Bulletin 279 (1985).

35. Schwartz, Marius, Welfare Effects of Exit-Inducing Innovations, EPO 84-12, September 10, 1984.

34. Werden, Gregory J., and Michael A. Williams, Can the Concentration-Collusion Hypothesis be Refuted Empirically?, EPO 84-11, September 8, 1984. Published at 30 Economics Letters 253 (1989).

33. Schwartz, Marius, and Robert J. Reynolds, On the Limited Relevance of Contestability Theory, EPO 84-10, September 6, 1984.

32. Werden, Gregory J., A Closer Analysis of Antitrust Markets, EPO 84-9, July 16, 1984. Published at 62 Washington University Law Quarterly 647 (1985).

31. Simon, Marilyn J., Product Quality and the Allocation of Legal Costs, EPO 84-8, May 22, 1984.

30. Allen, Robin L., The Physician-Gatekeeper Concept as a Cost Containment Device: The United Healthcare Experience, EPO 84-7, May 21, 1984.

29. Clarke, Richard N, The Profitability of Exclusive Distribution Territories: A Direct Market Test, EPO 84-6, May 18, 1984.

28. Brennan, Timothy J., Harper & Row v. The Nation: Copyrightability and Fair Use, EPO 84-5, May 11, 1984. Published at 33 Journal of the Copyright Society of the USA 368 (1986).

27. Schwartz, Marius and Maxim Engers, Signalling Equilibria Based on Sensible Beliefs: Limit Pricing Under Incomplete Information, EPO 84-4, May 11, 1984.

26. Clarke, Richard N., Endogenous Mergers in Stochastic Cournot-Nash Oligopoly, EPO 84-3, March 23, 1984.

25. Werden, Gregory J., Is There a Principle For Defining Industries?: Comment, EPO 84-2, February 17, 1984. Published at 52 Southern Economic Journal 532 (1985).

24. Brennan, Timothy J., and Sheldon Kimmel, Joint Production and Monopoly Extension Through Tying, EPO 84-1, November 28, 1983. Published at 53 Southern Economic Journal 490 (1986).

23. Hall, William P., The Learning Curve, Industry Equilibrium, and Economic Performance, EPO 83-15, October 24, 1983.

22. Tenth Anniversary Seminar on Economics and Antitrust (Afternoon Session): Kauper, Thomas E., The Role of Economic Analysis in the Antitrust Division Before and After the Establishment of the Economic Policy Office: A Lawyer's View; Hay, George A., Pigeonholes in Antitrust, EPO 83-14, October 19, 1983. All published in 29 Antitrust Bulletin (1984).

21. Tenth Anniversary Seminar on Economics and Antitrust (Morning Session): Elzinga, Kenneth G., A Short Story on Cartels; Weiss, Leonard W., Winning Bids in Five Types of Auctions: Concentration Matters; Williamson, Oliver E., Credible Commitments: Using Hostages to Support Exchange, EPO 83-13, October 19, 1983. All published in 29 Antitrust Bulletin (1984).

20. Williams, Michael A., Empirical Tests of Traditional and Game Theoretic Pricing Rules: The Distribution of Overhead Costs in Multiple Purpose River Developments, EPO 83-12, September 1, 1983. Published at 33 Behavioral Science 224 (1988).

19. Kimmel, Sheldon, A Note on Extraction with Nonconvex Costs, EPO 83-11, August 29, 1983. Published at 92 Journal of Political Economy 1158 (1984).

18. Werden, Gregory J., and Marius Schwartz, Illinois Brick and the Deterrence of Antitrust Violations, EPO 83-10, July 25, 1983. Published at 35 Hastings Law Journal 629 (1984).

17. Brennan, Timothy J., Municipal Antitrust Liability--An Economic Perspective, EPO 83-9, May 26, 1983. Published under a different title at 12 Fordham Urban Law Review 405 (1984).

16. McGuckin, Robert, and Russell Pittman, Deterrence and Compensation Under the Illinois Brick Rule, EPO 83-8, May 4, 1983.

15. Johnson, Richard L., Networking and Market Entry in the Airline Industry: Some Evidence on the Inefficiencies Introduced by Regulation, EPO 83-7, March 31, 1983. Published at 19 Journal of Transport Economics and Policy 299 (1985).

14. Williams, Michael, The "Separable Cost Remaining Benefit" Overhead Cost Allocation Method: A Game Theoretic Perspective, EPO 83-6, March 21, 1983.

13. Kimmel, Sheldon, Intransitive Choice and Dependence on "Irrelevant" Alternatives, EPO 83-5, March 17, 1983.

12. Hall, William P., The Learning Curve, Demand Growth, and Market Concentration, EPO 83-4, February 11, 1983. Published at 2 International Journal of Industrial Organization 147 (1984).

11. Joyce, Jon M., Why Do Firms Rely on Barter?, EPO 83-3, January 6, 1983.

10. Schwartz, Marius, and Earl A. Thompson, Entry Patterns Under Decreasing Cost Conditions, EPO 83-2, January 3, 1983. Published at 101 Quarterly Journal of Economics 307 (1986).

9. Brennan, Timothy J., Economic Efficiency and Broadcast Content Regulation, EPO 83-1, January 1, 1983. Published at 35 Federal Communications Law Journal 117 (1983).

8. Schwartz, Marius, and David Eisenstadt, Vertical Restraints, EPO 82-8, December 2, 1982. Published by the National Association of Manufacturers of Germany (1984).

7. Werden, Gregory J., Market Delineation and the Justice Department's Merger Guidelines, EPO 82-7, December 1, 1982. Published at 1983 Duke Law Review 514.

6. Downing, Paul B., and Lawrence J. White, Innovation in Pollution Control, EPO 82-6, October 22, 1982. Published at 13 Journal of Environmental Economics and Management 18 (1986).

5. Pittman, Russell W., Predatory Investment: U.S. v. IBM, EPO 82-5, October 15, 1982. Published at 2 International Journal of Industrial Organization 341 (1984).

4. Pittman, Russell W., Multilateral Productivity Comparisons with Undesirable Outputs, EPO 82-4, September 16, 1982. Published at 93 Economic Journal 883 (1983).

3. Reynolds, Robert J., and Bruce R. Snapp. The Economic Effects of Partial Equity Interests and Joint Ventures, EPO 82-3, August 3, 1982. Published at 4 International Journal of Industrial Organization 141 (1986).

2. Pittman, Russell, and Edgar Norton, Internal Organization and Economic Performance: A Comment, EPO 82-2, July 28, 1982. Published at 3 Review of Industrial Organization 1 (1988).

1. Schwartz, Marius, and Robert Reynolds, Contestable Markets: An Uprising in the Theory of Industrial Structure: Comment, EPO 82-1, June 17, 1982. Published at 73 American Economic Review 488 (1983).

Individual copies of papers are available free of charge from:

Janet Ficco
Suite 10,000
600 E Street, NW
Washington, DC 20530
202-307-3779

e-mail: janet.ficco@usdoj.gov

Updated June 25, 2015