This work is part of a series focusing on research into law and economics. It discusses a variety of topics in the field.

* John Connor describes and evaluates the results of his extensive survey of reports of cartel overcharges.

* Dennis Weisman models the price effects of mergers that not only increase concentration in the relevant market but also increase the merged firms' participation in other, complementary markets.

* Malcolm Coate and Mark Williams develop a superior method for calculating critical loss in markets that are relatively homogenous and competitive premerger.

* Zhiqi Chen surveys recent developments in economic theories of buyer power...

Since 1979 "Research in Law and Economics" has been presenting original research that explores the extent to which the constraints of law explain economic behavior and the role of economics in forming the law. Leading scholars, including Kenneth Arrow, Kenneth Elzinga, Victor Goldberg, Jack Hirschliefer, Paul Joskow, and Vernon Smith, have chosen "Research in Law and Economics" as the right forum for presenting their research. Now published bi-annually, each issue of "Research in Law and Economics" focuses on a timely and relevant topic. Such topics have included economics of environmental...

Explores the relationship between law and economics principles and the promotion of social justice. This title includes chapters that invoke the lens of corporate law theory or the corporate context as part of their analysis of the intersection of economics and social justice.

Since 1979 Research in Law and Economics has been presenting original research that explores the extent to which the constraints of law explain economic behavior and the role of economics in forming the law. The first chapter in this volume proposes three different definitions for market power from an antitrust perspective. Chapter two suggests a new means of measuring market power by moving away from traditional indicators of averaging industry profits. The third chapter is an analysis of efforts exerted and utilities obtained in a double lawsuit. Chapter four surveys recent developments in...

"Legal and economic analyses overlap and interact in many areas. Recent U.S. Supreme Court and lower court decisions on class action lawsuits clearly focus on the critical role that economic analysis plays in determining the outcome of class actions. Wal-Mart Stores, Inc. v. Dukes and Comcast Corp. v. Behrend have made national headlines, raising the bar in class certification for showing common impact and preponderance through expert testimony. These decisions have turned on the adequacy of the analyses put forth by expert economists, finding the analyses of the plaintiffs' economists to be...