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Correlation, Causality, and all that Jazz: The Inherent Shortcomings of Price Tests for Antitrust Market Delineation

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Author Info

  • Froeb, L.M.
  • Werden, G.J.

Abstract

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Bibliographic Info

Paper provided by U.S. Department of Justice - Antitrust Division in its series Papers with number 91-6.

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Length: 25 pages
Date of creation: 1991
Date of revision:
Handle: RePEc:fth:usjuat:91-6

Contact details of provider:
Postal: U.S. DEPARTMENT OF JUSTICE; ANTITRUST DIVISION, JUDICIARY CENTER BUILDING 555 4TH ST. N.W. WASHINGTON D.C. 20001 U.S.A..
Email:
Web page: http://www.justice.gov/atr/
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Related research

Keywords: prices ; economic models;

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Cited by:
  1. Twomey, P. & Green, R. & Neuhoff, K. & Newbery, D., 2005. "A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Cambridge Working Papers in Economics 0504, Faculty of Economics, University of Cambridge.
  2. Böckers, Veit & Heimeshoff, Ulrich, 2012. "The extent of European power markets," DICE Discussion Papers 50, Heinrich‐Heine‐Universität Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
  3. Kleit, Andrew N., 2001. "Defining electricity markets: an arbitrage cost approach," Resource and Energy Economics, Elsevier, vol. 23(3), pages 259-270, July.
  4. Mario Forni, 2004. "Using Stationarity Tests in Antitrust Market Definition," American Law and Economics Review, Oxford University Press, vol. 6(2), pages 441-464.
  5. Claudio R. Lucinda & Arthur Barrionuevo Filho, 2006. "Using Spatial Covariance Function For Antitrust Market Delineation," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 125, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
  6. Robert Ekelund & George Ford & John Jackson, 2000. "Are Local TV Markets Separate Markets?," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 7(1), pages 79-97.
  7. Robert H Mcguckin, 1991. "Multiple Classification Systems For Economic Data: Can A Thousand Flowers Bloom? And Should They?," Working Papers 91-8, Center for Economic Studies, U.S. Census Bureau.
  8. Häckner, Jonas, 1999. "Market Delineation and Product Differentiation," Research Papers in Economics 1999:7, Stockholm University, Department of Economics.
  9. Cotterill, Ronald W. & Putsis, William P., Jr. & Dhar, Ravi, 1999. "Assessing the Competitive Interaction Between Private Labels and National Brands," Research Reports 25177, University of Connecticut, Food Marketing Policy Center.

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