Open research questions in Merger and Competition Analysis
30 unresolved questions extracted from the limitations and future-work sections of 3,618 Merger and Competition Analysis papers in our library. Each links back to the study that raised it.
What the literature leaves open
− − p The replacement bargaining game (in case no agreement is reached) is structurally identi- cal to the original - same promoter, same continuum of artists with the same outside option V (a breakdown in negotiations with any single artist does not affect the total mass of available artists), same cost αi if that replacement bargaining breaks down.
Vertical Integration with Multiple (Complementary) Input Suppliers: A Theoretical Approach · 2026 · DOIThird, the queue clearance is partly limited by the protocol’s per-epoch churn cap rather than by behavioural choice alone; this mechanical limit is the bonding friction the hypothesis identifies, but it is not a purely behavioural adjustment, and the two are reported separately rather than conflated.
Online Supplementary Appendix to A Dynamic Institutional-Selection Model under Constrained Coordination and Network Externalities: Block-Producer Behaviour across Proof-of-Work and Proof-of-Stake Regimes · 2026 · DOIBackground: Principal-agent problem has been discussed intensively in the recent decade, but this specific case has not yet been analyzed in this manner; one of two companies in Cournot duopoly employs a manager who has a partial ownership of the second company, but without executive power in that company.
Finally, I find that the effectiveness of data‐filing provisions was limited to the early months of the NIRA, prior to a wave of cartel breakdown occurring in spring 1934.
Cartel Code Attributes and Cartel Performance: An Industry‐Level Analysis of the National Industrial Recovery Act · 2007 · DOIDespite its significance in representing inflation and mitigating inflationary risks in long-term contracts, price indexation has not been extensively explored in previous studies in the sociology of markets.
Indeed, until relatively recently, the textbooks viewed monopsony power as either a theoretical curiosum, or a concept limited to a handful of company towns in the past.
First, stricter merger control is warranted in an economy where large, highly efficient and profitable “superstar” firms account for an increasing share of economic activity.
Protecting Competition in the American Economy: Merger Control, Tech Titans, Labor Markets · 2019 · DOIThis paper further suggests that the current list of inconsistently and poorly defined product strategies used by the courts be augmented by three more straight forward but overlapping categories based on impact on consumer choice: Lock‐Outs, Lock‐Ins, and Hold‐Ups.
Although many papers consider the effect of switching costs on entry when the incumbent firm is privately‐owned, the effect when the incumbent firm is publicly‐owned has not been analyzed.
:Estimates of monopolistic markups are relatively scarce in the literature mostly due to lack of appropriate data and methodological difficulties, while their behavior has important implications for the conduct of monetary policy.
Our empirical findings are consistent with an oligopolistic second-degree price discrimination model and encompass contradictory findings in the literature.
Is the Effect of Competition on Price Dispersion Nonmonotonic? Evidence from the U.S. Airline Industry · 2013 · DOIIn addition, although we find that gasoline retail prices demonstrate asymmetric responses to changes in gasoline wholesale prices , we find only limited evidence of such behavior for retail prices with respect to gasoline excise taxes.
However, the policy remains controversial and the relative roles of ownership and other structural changes, such as competition and regulation, in promoting economic performance remain uncertain.
However, as the effects of national concentration restrictions often are not limited to the jurisdictions that determine its intensity, there will be (spatial) external effects, due to which national decisions systematically diverge from the social optimum.
While the positive correlations among economic-loss estimates is comforting, much work remains to be done to improve estimation techniques and to decide rationally which behavorial models are correct.
Nouvelles estimations des pertes de bien-être et de surplus du consommateur dans l'industrie agro-alimentaire américaine · 1994 · DOIEarly analyses of automobile insurance regulation and deregulation efforts have yielded mixed results, in part because of the small number of completed deregulation experiments.
While economists have shown increased interest in these contracts, surprisingly little is known about them, or, indeed, about how to analyze the contracting activity of private economic actors.
Analyzes competitive markets in which the characteristics of the commodities exchange are not fully known to at least one of the parties to the transaction.
Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information · 1976 · DOIIt remains to be seen if a sufficient number of issues have been accumulated and enough friction generated for the voters to change loyalties in future elections.
It is premature to assert that this self-interest (investment) motive is insufficient to cover the costs of voting for most citizens, so that a utility of voting for its own sake (consumption) needs to be added.
This is the case of private consumption, which is only limited by the planned disposable income of the people, but whose probable composition must be forecast by the planner in order to work out correctly prices and monetary flows for the planned period.
This limitation will result when one limited to the indus large firm’s need for x t is kind of labor represents a large fraction of the total demand for for it.
What now remains to be improved is the profitability of tin mining, in terms of social as well as finMidal economics, to the actual mining communities and the populations and governments dmt meet the industry's sodal overhead.
Materials, over all, are scarce relatively to demand and most have a wide variety of uses, while most uses (though not all) can be met less or more efficiently by a variety of materials.
No agreement in this trade, but firms were all anxious to know what their rivals were doing. There are no agreements, and bad trade leads to a tendency to reduce prices.
Most-cited papers in Merger and Competition Analysis
- Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information · The Quarterly Journal of Economics · 1976 · 2,920 citations
- What Determines Cartel Success? · Journal of Economic Literature · 2006 · 474 citations
- Competition and Outsourcing with Scale Economies · Management Science · 2002 · 408 citations
- What do we know about transfer pricing? Insights from bibliometric analysis · Journal of Business Research · 2021 · 249 citations
- Common Ownership, Competition, and Top Management Incentives · Journal of Political Economy · 2022 · 197 citations
- Quantity and Price Adjustment in Long-Term Contracts: A Case Study of Petroleum Coke · The Journal of Law and Economics · 1987 · 145 citations
- Privatisation in Developing Countries: A Review of the Evidence and the Policy Lessons · The Journal of Development Studies · 2005 · 122 citations
- Directed Search and Competitive Search Equilibrium: A Guided Tour · Journal of Economic Literature · 2021 · 119 citations
- Protecting Competition in the American Economy: Merger Control, Tech Titans, Labor Markets · The Journal of Economic Perspectives · 2019 · 108 citations
- Assessing the Importance of Oligopsony Power in Agricultural Markets · American Journal of Agricultural Economics · 1994 · 92 citations
Most recent work
- Centralised or decentralised unions? Welfare effects of wage-aggressiveness · Theory and Decision · 2026
- Market adjustment with advection and diffusion in excess demand · Mathematical Social Sciences · 2026
- Learning, competition, or emulation? The time-dependent diffusion of privatization in OECD countries, 1980–2019 · Socio-Economic Review · 2026
- On Duopolistic Competition with the Gradient Adjustment Mechanism Under Constant and Decreasing Returns to Scale · Mathematics · 2026
- The market · Dialectical Anthropology · 2026
- Product differentiation, economies of scale and entry · Economics Letters · 2026
- Privatizing by Merger: Domestic versus Foreign Partners · Journal of Industry, Competition and Trade · 2026
- Heterogeneity in geographic price dispersion · Applied Economics Letters · 2026
- Online Supplementary Appendix to A Dynamic Institutional-Selection Model under Constrained Coordination and Network Externalities: Block-Producer Behaviour across Proof-of-Work and Proof-of-Stake Regimes · Zenodo (CERN European Organization for Nuclear Research) · 2026
- Monopoly and the other: reference-dependence in vertically differentiated markets · Royal Society Open Science · 2026
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