This paper presents evidence to suggest that despite obstacles that made predatory pricing essentially impossible, the National Cash Register Co. (N.C.R.) managed successfully to deploy an arsenal of non-price predatory strategies that permitted it to consolidate and maintain a nearly complete...

Although states maintain an active, continually expanding portfolio of tax incentives, technological assistance, subsidized loans, tax exempt bonds, and direct loans to pursue economic development, the effectiveness, efficiency, and equity of these efforts have not been clearly established....

When suppliers produce products for which demand is uncertain, they face a problem of inducing downstream distributors to stock inventory levels that the suppliers prefer. This paper considers a wide array of alternative supply contracts, each of which consists of a mixture of constant per-unit...

Retailers face powerful incentives to limit the inventories they stock, and this leads them to focus on inventory turn as a performance measure. Their desire to pare inventory holding costs yields a misalignment of their incentives with those of a supplier seeking to have a broad line of...

Social Security Disability Insurance (DI) is federally financed but state administered. States vary widely both in benefit application rates and the rates at which applications are denied. Since the decision to apply depends on the likelihood of qualifying for benefits and since denial rates are...

Resale price maintenance (RPM) has been applied to a number of products that do not seem to require tangible presale dealer services. This article explains why RPM might exist in these instances. We show that RPM will be adopted when a manufacturer wishes to "purchase" quality or style...