This dissertation addresses issues concerning the behavior of firms, which has significant effects on performance. In the first study, we empirically investigate the effect of the reduction in number of firms on price competition in the U.S. macro-brewing industry. The number of macro brewing firms decreased from 766 in 1935...
This dissertation investigates the effect of endogenous and exogenous events on firm behavior and performance. These are fundamental questions in economics. The contribution of this study is threefold. First, it provides estimates of the impact of mergers on railroad efficiency, which has important antitrust implications. Second, it provides new estimates...
The purpose of this study is to illuminate the role,
the function, and the ironic outcome of the Victory in
Vietnam Committee's campaign pamphlet to recall Senator
Frank Church of Idaho in 1967. The VVC's political
strategy was to build credibility with the media through
the recall pamphlet. The analysis...