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

Author

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  • Froeb, L.M.
  • Werden, G.J.

Abstract

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Suggested Citation

  • Froeb, L.M. & Werden, G.J., 1991. "Correlation, Causality, and all that Jazz: The Inherent Shortcomings of Price Tests for Antitrust Market Delineation," Papers 91-6, U.S. Department of Justice - Antitrust Division.
    • Handle: RePEc:fth:usjuat:91-6
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    Citations

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    Cited by:

    1. Cotterill, Ronald W & Putsis, William P, Jr & Dhar, Ravi, 2000. "Assessing the Competitive Interaction between Private Labels and National Brands," The Journal of Business, University of Chicago Press, vol. 73(1), pages 109-137, January.
    2. Mario Forni, 2004. "Using Stationarity Tests in Antitrust Market Definition," American Law and Economics Review, American Law and Economics Association, vol. 6(2), pages 441-464.
    3. Böckers, Veit & Heimeshoff, Ulrich, 2014. "The extent of European power markets," Energy Economics, Elsevier, vol. 46(C), pages 102-111.
    4. Jonas Häckner, 2001. "Market Delineation and Product Differentiation," Journal of Industry, Competition and Trade, Springer, vol. 1(1), pages 81-99, March.
    5. Paul Twomey & Richard Green & Karsten Neuhoff & David Newbery, 2005. "A Review of the Monitoring of Market Power: The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Working Papers 0502, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
    6. Bruce L. Benson & Merle D. Faminow & Milton H. Marquis & Douglas G. Sauer, 1995. "Delineating Spatial Markets Using Multivariate Time Series," The Review of Regional Studies, Southern Regional Science Association, vol. 25(3), pages 247-270, Winter.
    7. 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.
    8. 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.
    9. Lucinda, Claudio R. & Filho, Arthur Barrionuevo, 2009. "Using Spatial Covariance Function for Antitrust Market Delineation," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 29(1), May.
    10. Kleit, Andrew N., 2001. "Defining electricity markets: an arbitrage cost approach," Resource and Energy Economics, Elsevier, vol. 23(3), pages 259-270, July.

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    Keywords

    prices ; economic models;

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