From the existing market dynamics and firms’ restructuring activities, perhaps mergers and acquisitions have historically captured the greatest amount of attention and has provoked the strongest sentiments for both sides of the issue. Classic Microeconomic Theory has long supported the general assumption that market concentration yields a higher market power within the industry and thus tends to reduce consumer welfare. On the other hand, concentration itself may occur in furtherance of efficiency and increase society’s welfare. The establishment of antitrust regulation, aiming to safe guard competitive incentives within an industry without jeopardizing market dynamics, soon identifies the need of developing quantitative tools to assess the degree to which competition is being harmed by mergers and/or collusion, so that verdicts can be reached. But how good are these measures? Do they actually measure what we think they do? That’s what I’ve devoted my research to find out.
Research
- “Antitrust analysis with upward pricing pressure and cost efficiencies.” (with Tarun Sabarwal), 2020 PLoS ONE 15(1): e0227418.
- “Paradigm Shifts on Merger Efficiencies in Antitrust Analysis.” Kansas Law Review. Symposium Issue. 2020.
- “Should Market Power Still Be a Concern in the U.S. Electric Power Industry?” (with John Morris and Tristan Snow Cobb), 2020 The Electricity Journal 33(4).
- “Alternative measures of ”representative market prices” for FERC delivered price tests” (with John Morris and Tristan Snow Cobb). Under review at Energy Law Journal.
- “Relationship between Legal Access to Medical and Recreational Marijuana and Motor Vehicle Fatalities in the U.S.” (with Gregory Leung). Working Paper
- Anti-Competitive Effects of Common Ownership on Hospital Prices. (with José Azar, David Slusky and Donna Ginther) Work in Progress
- Unilateral Effects of Mergers on Multimarket Oligopolies. Work in Progress
- Gasoline Price Cycles in Brazil. Work in Progress
Reports
- “Copyright Industries in the U.S. Economy: The 2020 Report” (with Robert Stoner) Prepared for the International Intellectual Property Alliance (IIPA)
- “The U.S. Music Industries: Jobs & Benefits – The 2020 Report”, (with Robert Stoner ) Prepared for the Recording Industry Association of America (RIAA)
Other Publications
- “The European Commission’s New Initiatives for Digital Platforms” Winter 2021 Economists Ink.
- “Merger Efficiencies and Market Concentration” Summer 2020 Economists Ink.
- “Antitrust Analysis with Upward Pricing Pressure and Cost Efficiencies” Winter 2020 Economists Ink.
Conferences
- “Finding ‘representative market prices’ for calculating concentration in electric power markets”. Seminar at FERC, 2020.
- “Antitrust analysis with upward pricing pressure and cost efficiencies.” Southern Economic Association Conference, SEA, 2019
- “Paradigm Shifts on Merger Efficiencies in Antitrust Analysis.” Kansas Law Review Symposium – Antitrust Law and Policy in the 21st Century. 2019.
- “Investigating the Effects of Common Ownership on Hospital Prices.” Association for Public Policy Analysis and Management Annual Conference. 2019
- “Cost Efficiencies and Upward Pricing Pressure.” Facebook, 2019
- “Cost Efficiencies and Upward Pricing Pressure.” Brattle, 2018
- “Cost Efficiencies and Upward Pricing Pressure.” Kansas State University Economics Department Seminar, 2018
- “Cost Efficiencies and Upward Pricing Pressure.” Southern Economic Association Conference, SEA, 2018
- “Cost Efficiencies and Upward Pricing Pressure.” Women in Statistics and Data Sciences, American Statistical Association, 2018
- “Cost Efficiencies and Upward Pricing Pressure.” Midwest Economic Association Conference, MEA, 2018
- “Unilateral Effects of Multimarket Oligopolies.” Women in Statistics and Data Sciences, American Statistical Association, 2018
“Unilateral Effects of Multimarket Oligopolies.” Missouri Valley Economic Association Conference, MVEA, 2017 - “Unilateral Effects of Multimarket Oligopolies.” KU Graduate Research Competition, The University of Kansas, 2017
