It is conventional wisdom that collusion is more likely the fewer firms there are in a market and the more symmetric they are. This is often theoretically justified in terms of a repeated non-cooperative game. Although that model fits more easily with tacit than overt collusion, the impression...

The relationship between state-level environmental regulations and firm location decisions in the U.S. livestock industry is explored. We focus on the overall size of the livestock industry by state and over time. We find that the effects of differences in productive input costs across states,...

Although golf is a popular activity and significant industry, there is little known about the price elasticity of demand for golf, nor the benefits received by the golfers themselves. Using a survey of Colorado golfers at 19 golf courses and a relatively novel hybrid individual observation and...