May 30, 1997

May 27, 1997

July 12, 1995

April 1997

Antitrust law respects economic logic by establishing two goals for remedy, restoration of competition harmed by the anticompetitive acts and prevention of further anticompetitive acts. Microsoft has a pattern of anticompetitive acts, interfering with the commercialization of competitive...

This paper explains the economics of Microsoft's anticompetitive actions, both the goal of suppressing Schumpeterian competition and the methods of denying widespread distribution to innovative new technologies. An understanding of the economics of the industry supports the logic of the...

We examine the factors underlying buyer demand for large Information Technology solutions in order to understand the competitive crash in large scale commercial computing. We examine individual buyer data from two periods. The first is in the mid 1980's, late in the period of a mature and stable...

Contractual theories of vertical integration derive firm boundaries as an efficient response to market transaction costs. These theories predict a relationship between underlying features of transactions and observed integration decisions. There has been some progress in testing these...

We address a longstanding question about the causes of creative destruction. Dominant incumbent firms, long successful in an existing technology, are often much less successful in new technological eras. This is puzzling, since a cursory analysis would suggest that incumbent firms have the...