In this article, written by Jerry Hausman, Serge Moresi, and Mark Rainey, the authors derive the formula for the unilateral price effects of mergers of two products with linear demand in the general asymmetric situation.
Why a hotel room in New York costs $500 a night
In a recent op-ed in The Wall Street Journal titled “Why a Hotel Room in NY Costs $500,” Michael Salinger (CRA consultant and Boston University professor) and...