II. Antitrust

Feb. 7 Th	5. Boundaries of the Firm Sh, Chapter 4.
Feb. 12 T	6. Oligopoly Sh, Chapter 5.
Feb. 14 Th	7. Antitrust Laws FIRST QUIZ: Quiz    Answers Sh, Chapter 8. Massimo Motta, "Competition Policy: History, Objectives, and the Law," Chapter 1 in Competition Policy: Theory and Practice, Cambridge, 2004. Dennis Carlton and Randal Picker, "Antitrust and Regulation," Working Paper, 2006, introduction and sections I and II. Zhang, Vanessa Yanhua and Zhang, Xinzhu, "The Anti-Monopoly Law in China: Where Do We Stand?" . Competition Policy International, 3(2) Autumn 2007
Feb. 19 T	8. Horizontal Antitrust Cases Sh, Chapter 9: pp. 296-320. Serdar Dalkir and Frederick Warren-Boulton, "Prices, Market Definition, and the Effects of Merger: Staples-Office Depot (1997)," Case 2 in John Kwoka and Lawrence White, eds., The Antitrust Revolution, 4th edition, Oxford, 2004. Barry Lynn, "Breaking the Chain [Wal-Mart Antitrust Cases]," Harper's Magazine, July 1, 2006. Richard J. Gilbert, "The Role of Potential Competition in Industrial Organization," Journal of Economic Perspectives, 3(3), 1989: 107-127.
Feb. 21 Th	9. Vertical Antitrust Cases Sh, Chapter 9: pp. 320-333. Michael Riordan and Stephen Salop, "Evaluating Vertical Mergers: A Post-Chicago Approach," Antitrust Law Journal, Winter 1995. Massimo Motta, "Vertical Restraints and Vertical Mergers," Chapter 6 in Competition Policy: Theory and Practice, Cambridge, 2004. (Especially GE/Honeywell section.)

III. Economic Regulation

Feb. 26 T	10. Introduction to Economic Regulation (Including Capture) Sh, Chapter 10. David Newberry, "Theories of Regulation," Chapter 4 in Privatization, Restructuring, and Regulation of Network Utilities, MIT, 1999. David Landes, "What Do Bosses Really Do?" Journal of Economic History, 46(3), 1986: 585-623.
Feb. 28 Th	11. Pricing Principles Sh, Chapter 11
March 4 T	12. Regulatory Institutions and Franchises Sh, Chapter 12. Jose Gomez-Ibanez, "The Evolution of Concession Contracts: Municipal Franchises in North America," Chapter 7 in Regulating infrastructure : monopoly, contracts, and discretion, Harvard University Press, 2003. Problem Set 2.
March 6 Th	13. Energy SECOND QUIZ: #Quiz    #Answers Sh, Chapter 17.
	SPRING BREAK
March 25 T	14. Electricity Sh, Chapter 18. Severin Borenstein, "The Trouble with Electricity Markets: Understanding California's Restructuring Disaster," Journal of Economic Perspectives, 16(1), 2002: 191-211.
March 27 Th	15. Transportation Sh, Chapter 16. Severin Borenstein, "The Evolution of U.S. Airline Competition," Journal of Economic Perspectives, 6(2), 1992: 45-73. Jose Gomez-Ibanez and John Meyer, "The Rediscovery of Private Contracts: U.S. Railroad and Airline Deregulation," Chapter 8 in Regulating infrastructure : monopoly, contracts, and discretion, Harvard University Press, 2003. Pictures of CRRNJ Terminal: One Two Three

IV. Common Carriage, Openness, Neutrality

April 1 T	16. Common Carriers Eli Noam, "Beyond liberalization II: The impending doom of common carriage, " Telecommunications Policy, 18(4) 1994: 286-294. Brett Frischmann. "An Economic Theory of Infrastructure and Commons Management," Minnesota Law Review, 89 April 2005. Puffert, Douglas, "The Standardization of Track Gauge on North American Railways, 1830-1890," The Journal of Economic History, 60(4), 2000: 933-960.
April 3 Th	17. Interconnection and Telecommunications Sh, Chapter 14 #Gerald Faulhaber, "Access and Network Effects in the 'New Economy': AOL-Time Warner (2000)," Case 18 in John Kwoka and Lawrence White, eds., The Antitrust Revolution, 4th edition, Oxford, 2004. Nicholas Economides, "Economics of the Internet," NET Institute Working Paper, 2007.
April 8 T	18. Communications Sh, Chapter 15.
April 10 Th	19. Internet Gerald R. Faulhaber, "Network Neutrality: The Debate Evolves," International Journal of Communication, Vol 1 (2007)

V. Health, Safety, and Environmental Regulation

April 15 T	20. Valuing Life and Other Hard to Value Things Sh, Chapter 20. W. Viscusi, J. Hakes, and Alan Carlindoi, "Measures of Mortality Risks," Journal of Risk and Uncertainty, 14(3) 1997: 213-233.
April 17 Th	21. Environmental Regulation Sh, Chapter 21.
April 22 T	22. Workplace Health and Safety (and Consumer Perceptions) Sh, Chapter 22. Taylor Clark, "Don't Fear Starbucks," Slate, Dec. 28, 2007. Food Working Conditions
April 24 Th	23. Product Safety and Food Safety Sh, Chapter 23.

VI. Agriculture and Quality of Life

April 29 T	23. Agricultural Subsidies and Geographical Indications Daniel Suits, "Agriculture," Chapter 1 in Walter Adams and James Brock, The Structure of American Industry, Pearson, 2005. The Common Agricultural Policy Explained, European Commission Directorate General for Agriculture, 2004. Simon Johnson, "Straight Talk - The (Food) Price of Success," Finance & Development (December 2007). William Adams, "Beer in Germany and the United States," Journal of Economic Perspectives, 20(1), 2006: 189-205. Tim Josling (2006) "The War on Terroir: Geographical Indications as a Transatlantic Trade Conflict," Journal of Agricultural Economics 57(3): 337-36
May 1 Th	24. Quality of Life Regulations Jonathan Leape, "The London Congestion Charge," Journal of Economic Perspectives, 20(4), 2006: 157-176. Jerry Muller, "Justus Moser: The Market as Destroyer of Culture," Chapter 4 in The Mind and the Market, Knopf, 2002. Problem Set 3.
May 6 T	25. Conclusion THIRD QUIZ