This article reviews both the theoretical and empirical literatures on regulatory capture. The
scope is broad, but utility regulation is emphasized. I begin by describing the Stigler …

This chapter analyzes the private rationale and the social costs and benefits of market
foreclosure, here defined as a firm's restriction of output in one market through the use of …

In 1983, the videogame market in the USA collapsed, leading to bankruptcy for more than 90
percent of game developers, as well as Atari, manufacturer of the dominant game console at …

This chapter surveys the developments in price discrimination theory as it applies to
imperfectly competitive markets. Broad themes and conclusions are discussed in the areas …

We analyse the design of decision rules by a principal who faces an informed but biased
agent and who is unable to commit to contingent transfers. The contracting problem reduces …

This chapter provides a comprehensive overview of the theoretical and empirical literature
on the regulation of natural monopolies. It covers alternative definitions of natural monopoly …

In many countries throughout the world, regulators are struggling to determine whether and
how to introduce competition into regulated industries. This essay examines the …

This paper models how regulatory attempts to protect the privacy of consumers' data affect
the competitive structure of data‐intensive industries. Our results suggest that the commonly …

Over the last thirty years several network industries that evolved historically as either state-
owned or private regulated vertically integrated monopolies have been privatized …

The last thirty years have witnessed a fundamental change in the regulation of infrastructure
industries. Whereas firms were subject to rate of return regulation and protected from entry in …