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Use and Misuse of Empirical Methods in the Economics of Antitrust, II

BY | January 3, 2012

Dennis Carlton, Mar 14, 2011 The application of economics to issues involving competition policy has always required a mixture of economic theory and empirical analysis. As any good lawyer knows,…

Dennis Carlton, Mar 14, 2011

The application of economics to issues involving competition policy has always required a mixture of economic theory and empirical analysis. As any good lawyer knows, an economic analysis typically must rely on the facts of the industry under study to be credible. As a result, empirical analysis is often a crucial component of any economic analysis of competition issues. Of course, any empirical analysis has to be grounded in some theoretical structure. Over the las

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