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.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...