High and increasing hospital prices have led to calls for price regulation. If prices are high because of consolidation …

Despite the popularity of price cap regulation in practice, the economic literature provides relatively little guidance … regulation, and when product-specific costs and productivity cannot be measured; (2) when the pricing decisions of the regulated …

perform in developed countries. We present a dynamic theory of commercial broadcasting where the media trade utility …

condemnation of this practice has been the court's belief in what has come to be known as the "leverage theory" of tying: that is … power to foreclose sales in, and thereby monopolize, a second market. In recent years, however, the leverage theory has come … used by the critics of the leverage theory which all assume that the tied good market has a competitive, constant returns …

We empirically test an information economics based theory of social preferences in which ego utility and self … a large price discount for the good. The combined evidence supports the self-signaling theory whereby price discounts …