<div> <p></p> <div> We propose a demand estimation method that leverages unstructured text and image data to infer substitution patterns. Using pre-trained

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President Donald Trump fired the two Democratic commissioners at the U.S. Federal Trade Commission on Tuesday, two sources familiar with the situation said, in another major test of the independence of regulatory agencies.

Vol. 39 No. 1 Winter 2025

(February 2025) - We consider the identification of empirical models of supply and demand with imperfect competition. We show that a restriction on the covariance between unobserved demand and cost sh...

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

Jonathan B. Baker and Fiona Scott Morton challenge the interpretations of two new papers from Carl Shapiro & Ali Yurukoglu and Nathan Miller, which question economy-wide trends toward a rise in market...

The long-awaited Draghi report is a boost to robust competition enforcement

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Joel Stiebale wird Mitglied des Academic Panels der Competition and Markets Authority (CMA).

The Department of Justice Antitrust Division and Federal Trade Commission released their completed version of the new 2023 Merger Guidelines. Susan Athey, Chief Economist for the DOJ Antitrust Divisio...

The FTC and the State of California moved to dismiss their case challenging John Muir Health’s proposed deal to acquire sole ownership of San Ramon Regional Medi

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023 was awarded to Claudia Goldin "for having advanced our understanding of women...