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  • D72  (1)
  • United States  (1)
  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Empirica 23 (1996), S. 229-253 
    ISSN: 1573-6911
    Keywords: Antimerger policy ; United States ; Europe ; efficiency ; L41 ; G34 ; L21
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This paper reviews the history of US antimerger policy. This history is divided into three periods: a period in which there was almost no effective antimerger policy at all from 1890 up to 1959, a period of vigorous antimerger policy from 1950 up through 1973, and a period of lax enforcement from 1974 to the present. The paper accounts for these shifts in antimerger policy and discusses their effects. After reviewing the logic and consequences of US antimerger policy, a critique of its permises is offered, particularly as these premises apply to the recent era of lax enforcement. The paper closes with suggestions for an alternative approach to antimerger policy that is consistent with the empirical evidence on why mergers occur and their effects.
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Springer
    Constitutional political economy 7 (1996), S. 293-302 
    ISSN: 1572-9966
    Keywords: D71 ; D72 ; 052
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Most of the constitutional political economy literature has followed Buchanan and Tullock by remaining inherently normative, but a small literature has appeared that examines the properties of constitutions by considering the motives of the people who actually write the constitution. This literature is in the positive public choice tradition, in that it assumes that the people who write a constitution are interested in advancing their interests and not those of someone else. This note discusses the need for and nature of a constitution that would advance the interests of all citizens, and then the procedures that would be necessary to create and adopt such a constitution.
    Type of Medium: Electronic Resource
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