• Corpus ID: 55543319

Law and the Future: Trade Regulation

  title={Law and the Future: Trade Regulation},
  author={Aaron Director and Edward Hirsch Levi},
  journal={Northwestern University Law Review},
'On a Level with Dentists?': Reflections on the Evolution of Industrial Organization
This essay provides a brief overview of the evolution of the field of industrial organization from its emergence to the present, and it offers some observations about the present state of the field.
Naked Exclusion in the Lab: The Case of Sequential Contracting
In the context of the naked exclusion model of Rasmusen, Ramseyer and Wiley (1991) and Segal and Whinston (2000b), we examine whether sequential contracting is more conducive to exclusion in the lab,
When low is no good: Predatory pricing and U.S. antitrust law (1950–1980)
Abstract The paper deals with the history of the antitrust offence of predatory pricing in U.S. antitrust law. Despite being considered so serious a violation to deserve a per se condemnation,
Nonlinear Supply Contracts, Exclusive Dealing, and Equilibrium Market Foreclosure
We examine how the feasibility of both nonlinear pricing and exclusive dealing arrangements affect incentives for market foreclosure when two manufacturers contract with a retail monopolist.
Exclusionary Vertical Restraints and Antitrust: Experimental Law and Economics Contributions
Vertical restraints have been subject of lively policy and academic discussions. Scholars associated with the Chicago School challenged early foreclosure doctrines by arguing that vertical restraints
When Economics Met Antitrust: The Second Chicago School and the Economization of Antitrust Law
In this article, the authors interrogate legal and economic history to analyze the process by which the Chicago School of Antitrust emerged in the 1950s and became dominant in the United States. They
Analyzing Vertical Mergers: Accounting for the Unilateral Effects Tradeoff and Thinking Holistically About Efficiencies
With the adoption of the 2020 Vertical Merger Guidelines, the U.S. antitrust agencies have updated their guidance on vertical mergers for the Twenty-First Century. Although economists have long
Consumer Welfare & the Rule of Law: The Case Against the New Populist Antitrust Movement
Populist antitrust notions suddenly are fashionable again. At their core is the view that antitrust law is responsible for a myriad of purported socio-political problems plaguing society today,
The competitive and welfare effects of long-term contracts with network externalities and bounded rationality
This paper compares the long-term and short-term contracts in terms of their competitive and welfare effects in a dynamic nonlinear pricing model with network externalities and bounded rationality.