Using local natural disasters as a quasi-experimental setting, we show that heightened distress risk in shocked firms drives both these firms and their unshocked competitors to cut profit margins by ...

A well-regulated market is key to sustainable economic development. The Markets and Competition Policy Assessment Toolkit ...

"What Determines Cartel Success?" Journal of Economic Literature 44(1): 43–95. Levenstein, Margaret C., and Valerie Y. Suslow. 2011. "Breaking Up is Hard to Do: Determinants of Cartel Duration." ...