Preemptive Entry and Technology Diffusion: The Market for Drive‐In Theaters
ABSTRACT This article studies entry preemption in new industries. We first test a key prediction of dynamic entry games: Entry preemption is most relevant in intermediate‐sized markets, where firms face highest uncertainty about future entry. Using US drive‐in theater market (1945–1957) data, we find robust evidence for this non‐monotonic relationship ...
Ricard Gil +3 more
wiley +1 more source
Antitrust Analysis of Sports Leagues [PDF]
I present an overview of the antitrust literature on sports leagues, with particular emphasis on the National Collegiate Athletic Association, the National Football League, Major League Baseball, the National Basketball Association, and the National ...
Pelnar, Gregory
core
Appraisal of existing evidences of competition law and policy: Bilateral legislative developments of Sino-Pak. [PDF]
Soomro NE, Yuhui W.
europepmc +1 more source
Mergers in the Presence of Adverse Selection
ABSTRACT In the presence of adverse selection, mergers can increase welfare through a reduction in inefficient sorting. I characterize the sorting externality internalized between merging firms in a tractable discrete choice model. Mergers benefit consumers when the firms are small, willingness to pay is moderately increasing in cost, and consumer ...
Conor Ryan
wiley +1 more source
Abstract AI washing, the practice of misrepresenting the use or scope of artificial intelligence in goods or services to attract investors and gain competitive advantages, raises distinct regulatory challenges requiring the adaptation of traditional securities laws to novel technological contexts.
Moran Ofir
wiley +1 more source
Considerations for state-imposed conditions on healthcare provider transactions. [PDF]
Montague AD +3 more
europepmc +1 more source
Do universal owners behave like universal owners? The emergence of a financial sector norm
Abstract The past few years have seen a surge in scholarship on universal ownership, systematic stewardship, and system‐level investing. These concepts describe the reality that large diversified owners of capital own a more or less representative slice of the market and therefore must concern themselves with systemic risks to the financial system as a
E. Quigley
wiley +1 more source
The three‐step test in international copyright—a global framework for generative AI training
Abstract The training of generative artificial intelligence (genAI) models involves the processing of large datasets, which often include copyrighted materials, thereby raising questions of copyright infringement. These questions tend to center on whether such use constitutes fair use or falls under text and data mining (TDM) exceptions.
Nicola Lucchi +2 more
wiley +1 more source
Protecting Low-Income Consumers in the Era of Digital Grocery Shopping: Implications for WIC Online Ordering. [PDF]
Zhang Q, Patel P, Lowery CM.
europepmc +1 more source
From Open Banking Regulation to Platform Orchestration: The Evolution of Digital Platform Governance
ABSTRACT This study contributes to information systems (IS) scholarship by extending platform governance theory to regulatory contexts, explaining how regulatory forces co‐evolve with technological architectures to shape openness and control. This research examines the evolution of platform governance in the context of open banking, where regulatory ...
Priyadharshini Muthukannan +3 more
wiley +1 more source

