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welfare paradigm and can help to solve conceptual issues regarding the integration of sustainability into antitrust … welfare effects analysis in antitrust. Key to our solution is the prediction of preferences of new consumers and changing … preferences of existing consumers in the future. The dimension of time is inextricably linked with that of sustainability. Taking …
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This brief essay addresses the ambiguities in the meaning of “consumer welfare” in antitrust, exploring the differences … consumer welfare principle in antitrust should seek out that state of affairs in which output is maximized, consistent with …
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We study how experts influence consumer behavior and welfare by focusing on the Booker Prize. Leveraging the discontinuity created by the attribution of the prize, we show that readers receive the signal sent by the jury of the Booker and are persuaded to buy the awarded book but experience...
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