Dan O'BrienJun 9, 20231 min readMicrofoundations Blog is Now OpenI've been putting this off, but I have so many things to say to the antitrust and microeconomic theory and policy communities that have a common theme, it's time to bring the thoughts together in an organized way. Here we go!
I've been putting this off, but I have so many things to say to the antitrust and microeconomic theory and policy communities that have a common theme, it's time to bring the thoughts together in an organized way. Here we go!
The 2023 Merger Guidelines: A Giant Leap in the Wrong DirectionThis paper and associated slide deck present a limited critical review of the 2023 Merger Guidelines based on economic reasoning and...
Lessons from Foreclosure Parables: The Need to Tether Vertical Merger AnalysisAbstract Policy authorities are pushing non-equilibrium arguments (“untethered vertical math,” or “UVM”) to challenge vertical mergers....
Tying, Bundling, and the Microfoundations of Double MarginalizationWhat is double marginalization? The answer is technical, but the technical discussion is long overdue. Tying, Bundling, and the...
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