In this “Flashback: History’s Unintended Consequences” podcast episode, Greg Leonard offers insight into his academic research that analyzes the value Michael Jordan generated for the NBA. To listen to Greg share his thoughts, click in the image below.
How capacity constraints shape unilateral price effects in horizontal mergers
Examples include hospitals with a fixed number of beds, and hotels with a fixed number of rooms. In the article “Unilateral Price Effects in Horizontal...

