In the ABA’s Economics Committee Newsletter, Michelle Burtis and her co-authors discuss the modeling and empirical measurement of cost pass-through in industries and by firms. They discuss the use of structural models and the use of such models in the context of class certification. To read more, click the link 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...