Competition Policy & Regulation

“Competition Policy in Africa”, (with Liberty Mncube), Introduction to the Special Issue of the Review of Industrial Organization, 2022 (online version).

“Kenyan Competition Policy after Ten Years of the Competition Act:  A Progress Report”, (with R. Mudida), Review of Industrial Organization, 2021 (online version).

“A Canadian Perspective on Vertical Mergers and Guidelines”, (with R. Winter), Review of Industrial Organization, Vol. 59, 2021, 229-253.

“Toward a More Robust Competition Policy Regime for Hong Kong”, (with Ping Lin), Journal of Antitrust Enforcement, Vol. 9, 2021, 109-134.

Buffer Joint Ventures“, (with Zhiqi Chen), International Journal of Industrial Organization, Vol. 73, 2020.

“On the Harm from Mergers in Input Markets”, (with L. Basso), Economics Letters, Vol. 178, 2019, 70-76.

“Long Term Contracts as Barriers to Entry with Differentiated Products”, (with S. Gavin), International Journal of Industrial Organization, Vol. 59, 2018, 514-537.

“The Rise of Economics in Competition Policy: A Canadian Perspective”, (with M. Boyer and R. Winter), Canadian Journal of Economics, 2017, 1489-1524.

“Estimating Damages to Direct and Indirect Purchasers in Price-Fixing Actions”, (with J. Brander), Vol. 30, Canadian Competition Law Review, Spring 2017, 1-39.

“Competitive Effects and Efficiencies: The Canadian Supreme Court’s Decision in Tervita”, Vol. 2, Competition Law & Policy Debate , 2016, 54-63.

“Denying Leniency to Cartel Instigators: Costs and Benefits”, (with Z. Chen and S. Ghosh), Vol. 41, International Journal of Industrial Organization, 2015, 19-29.

“Kenya’s New Competition Policy Regime” (with R. Mudida and S. W. Ndiritu), Vol. 38, World Competition: Law & Economics Review , 2015, 437-462.

“Mergers, Agency Costs, and Social Welfare”, (with J.-E. de Bettignies), Vol. 30, Journal of Law, Economics, & Organization, 2014, 401-436.

“Measuring the True Harm from Price-Fixing to Both Direct and Indirect Purchasers”, (with Leonardo Basso), Vol. 58, Journal of Industrial Economics, 2010, 895-927.

“Recent Canadian Policy Toward Industry: Competition Policy, Industrial Policy and National Champions”, paper prepared for The Second Lisbon Conference on Competition Law and Economics, Lisbon, Portugal, November 2007, in: A. Mateus and T. Moreira (eds.), Competition Law and Economics: Advances in Competition Policy and Antitrust Enforcement, Wolters Kluwer, 2010, 332-360.

“Sustaining Cooperation with Joint Ventures”, (with Russell Cooper), Vol. 25, Journal of Law, Economics and Organization, 2009, 31-54.

“The Competition (Amendment) Bill 2007: A Review and Critique”, (with Subhadip Ghosh), Economic & Political Weekly (of India), December 2008, 35-40.

“India’s New Competition Law: A Canadian Perspective”, (with Subhadip Ghosh), Canadian Competition Record, Spring 2008, 23-40.

“Estimating Damages from Price-Fixing”, (with James Brander), Vol. 3, Canadian Class Action Review, 2006, 335-369.

“The Role of Economics – and Economists – in Merger Review in Canada”, paper prepared for the Canadian Bar Association 2005 Annual Fall Competition Law Conference, Gatineau, Quebec, November 2005. Available with conference proceedings on CD from the CBA.

“The Efficiency Defense in Merger Law: Economic Foundations and Recent Canadian Developments”, (with Ralph Winter), Vol 72, Antitrust Law Journal, 2005, 471-503.

“Canadian Competition Policy: Progress and Prospects”, Vol. 37, Canadian Journal of Economics, 2004, 243-268.

“Canadian Merger Policy Following Superior Propane”, (with Ralph Winter), Vol. 21, Canadian Competition Record, Summer 2003, 7-23.

“The Economics of Interdependence and Some Policy Options”, paper prepared for the 2003 Competition Law Invitational Forum, Langdon Hall, Cambridge (Ontario), April 2003.

“Cooperating Upstream while Competing Downstream: A Theory of Input Joint Ventures”, (with Zhiqi Chen), Vol. 21, International Journal of Industrial Organization, 2003, 381-397.

“Some Thoughts on ‘Chicago’ and ‘Post-Chicago’ Antitrust and their Lessons for Canada”, paper presented to the Canadian Bar Association Annual Conference on Competition Law, October 2002, to be released on Conference CD.

“The Treatment of Efficiencies in Merger Review: An International Comparison”, (with Ann-Britt Everett), Report prepared for the Government of Canada, November 22, 2002, released March 2003.

“Policy Proposals for Enhancing Competition in Canadian Airline Markets”, (with W. T. Stanbury), report prepared for the Canada Transportation Act Review Panel, Transport Canada, 2001.

“Dealing with Predatory Conduct in the Canadian Airline Industry: A Proposal”, (with W. T. Stanbury), Vol. 20, Canadian Competition Record, 2001, 59-76.

“Strategic Alliances, Shared Facilities and Entry Deterrence”, (with Zhiqi Chen), Vol 31, RAND Journal of Economics, 2000, 326-344.

“Lessening of Competition in Mergers under the Competition Act: Unilateral and Interdependence Effects”, (with Andy Baziliauskas), Vol 33, Canadian Business Law Journal, 2000, 373-426.

“Interdependence Effects in Merger Analysis under the Competition Act, in G. Leslie (ed.), Papers of the Canadian Bar Association Annual Fall Conference on Competition Law – 1999, Toronto: Juris Publishing and the Canadian Bar Association, 2000, 269-298.

“Avoiding the Maple Syrup Solution: Comments on the Restructuring of Canada’s Airline Industry”, (with W. T. Stanbury), Public Policy Sources #32, Fraser Institute, November 1999. Summary reprinted in Fraser Forum, December 1999.

“Barriers to Entry”, in R.S. Khemani (ed.) A Framework for the Design and Implementation of Competition Law and Policy, Washington & Paris: World Bank & OECD, 1999, 101-123.

“Refusals to Deal and Orders to Supply in Competitive Industries”, (with Zhiqi Chen), Vol. 17, International Journal of Industrial Organization, 1999, 399-417.

“Orders to Supply as Substitutes for Commitments to Aftermarkets”, (with Zhiqi Chen), Vol. 31, Canadian Journal of Economics, 1998, 1204-1224.

“Refusals to Deal and Aftermarkets”, (with Zhiqi Chen and W.T. Stanbury), Vol. 13, Review of Industrial Organization, 1998, 131-151.

“Introduction: The Evolution of Competition Law in Canada”, introductory (non-refereed) essay in a special issue (Vol. 13) of Review of Industrial Organization, 1998, 1-23.

“Toward a New Canadian Approach to Agreements between Competitors”, (with Tim Kennish), Vol .28, Canadian Business Law Journal, 1997, 22-68.

“On Letting Competitors Cooperate”, Vol. 18, Policy Options, October 1997, 6-9.

“Globalization and Canadian Competition Policy”, paper prepared for the Second Annual Meeting of the Competition Law Section of the Canadian Bar Association, Montreal, September 1994.

“Refusals to Deal, Price Discrimination and Independent Service Organizations”, (with Zhiqi Chen), Vol. 2, Journal of Economics & Management Strategy, Winter 1993, 593-614.

“Sunk Costs as a Barrier to Entry in Merger Cases”, Vol. 27, University of British Columbia Law Review, 1993, 75-92.

“Cartel Stability and Product Differentiation”, Vol. 10, International Journal of Industrial Organization, March 1992, 1-13.

“Proposals for a New Canadian Competition Law on Conspiracy”, Vol. 36, Antitrust Bulletin, Winter 1991, 851-882.

“On the Vertical Integration of Successive Monopolies”, Vol. 7, Review of Industrial Organization, 1992, 375-383.

“Canada’s New Competition Policy”, (with Christopher J. Maule), Vol. 23, George Washington Journal of International Law and Economics, 1989, 59-109.

“The Costs of Regulating Price Differences”, Vol. 59, Journal of Business, January 1986, 143-156.

“Store Wars: The Chain Tax Movement”, Vol. 29, Journal of Law and Economics, April 1986, 125-138.

“Extracting Regulators’ Implied Welfare Weights: Some Further Developments and Applications”, Vol. 25, Quarterly Review of Economics and Business, Autumn 1985, 72-84.

“Winners and Losers Under the Robinson-Patman Act”, Vol. 27, Journal of Law and Economics, October 1984, 243-271.

“Uncovering Regulators’ Social Welfare Weights”, Vol. 15, Rand Journal of Economics, Spring 1984, 152-155.


Other Industrial Organization

“Credible Retaliatory Entry and Strategic Toe-Holds”, (with Zhiqi Chen), Vol. 57, Journal of Industrial Economics, 2009, 343-352.

“Moral Hazard and Customer Loyalty Programs”, (with Leonardo Basso and Matthew Clements), Vol. 1, American Economic Journal – Microeconomics, 2009, 101-123.

“Are Sunk Costs a Barrier to Entry?”, (with Luis Cabral), Vol. 17, Journal of Economics and Management Strategy, 2008, 97-112.

“Markets Linked by Rising Marginal Costs: Implications for Multimarket Contact, Recoupment and Retaliatory Entry”, (with Zhiqi Chen), Vol. 31, Review of Industrial Organization, 2007, 1-21.

“Sunk Costs and the Entry Decision”, Vol. 4, Journal of Industry Competition & Trade, 2004, 79-93.

“You are Known by the Directors You Keep: Reputable Directors as a Signaling Mechanism for Young Firms”, (with Yuval Deutsch), Vol. 49, Management Science, 2003, 1003-1017.

“Bank Runs: Deposit Insurance and Capital Requirements”, (with Russell Cooper), Vol. 43, International Economic Review, 2002, 55-72.

“Public and Private Guarantee Funds with Market Fragility”, (with Russell Cooper),Vol 66, Journal of Risk and Insurance, 1999, 163-184.

“Bank Runs: Liquidity Costs and Investment Distortions”, (with Russell Cooper), Vol. 41, Journal of Monetary Economics, 1998, 27-38.

“Why are Extended Warranties So Expensive?”, (with Zhiqi Chen), Vol. 45, Economics Letters, 1994, 253-257.

“Warranties Without Commitment to Market Participation”, (with John Bigelow and Russell Cooper), Vol. 34, International Economic Review, February 1993, 85-100.

“An Intertemporal Model of Warranties”, (with Russell Cooper), Volume 21, Canadian Journal of Economics, February 1988, 72-86.

“Brand Information and Price”, Vol. 36, Journal of Industrial Economics, March 1988, 301-313.

“Product Warranties and Moral Hazard”, (with Russell Cooper) in Issues in Pricing: Theory and Research, T. Devinney (editor), Lexington Books, 1988, 83-98.

“Monopoly Provision of Product Quality With Uninformed Buyers”, (with Russell Cooper), Vol. 3, International Journal of Industrial Organization, December 1985, 439-449.

“Product Warranties and Double Moral Hazard”, (with Russell Cooper), Vol. 16, Rand Journal of Economics, Spring 1985, 103-113.

“Prices, Product Qualities and Asymmetric Information: The Competitive Case”, (with Russell Cooper), Vol. 51, Review of Economic Studies, April 1984, 197-207.


Public-Private Partnerships

“‘ Bidding the Project’ vs. ‘Bidding the Envelope’ in Public Sector Infrastructure Procurements”, (with L. Basso), Vol. 64, Transport Policy, 2018, 61-75.

“Efficiency vs. Flexibility in Public-Private Partnerships” (with J. Yan), Vol. 17, Journal of Comparative Policy Analysis, 2015, 448-466.

“The Economics of Public-Private Partnerships: Some Theoretical Contributions”, (with J.-E. de Bettignies), in: International Handbook of Public-Private Partnerships, G. Hodge, C. Greve and A. Boardman (eds.), Edward Elgar Publishing, 2011, 132-158.

“Running a Government’s P3 Program: Special Purpose Agency or Line Departments?”, (with Maurice Rachwalski), Vol. 12, Journal of Comparative Policy Analysis, 2010, 275-298.

“Public-Private Partnerships and the Privatization of Financing: An Incomplete Contracts Approach”, (with Jean-Etienne de Bettignies), Vol. 27, International Journal of Industrial Organization, 2009, 358-368.

“Public-Private Partnerships: Economic and International Dimensions”, (with Jean-Etienne de Bettignies), prepared for Industry Canada conference Industrial Economics and Performance in Canada (September 30-October 1, 2004), with volume to be published by Industry Canada.

“The Economics of Public-Private Partnerships”, (with Jean-Etienne de Bettignies), Vol. 30, Canadian Public Policy, 2004, 135-154.


International Trade with Imperfect Competition

“Imperfect Competition and Pareto-Improving Strategic Trade Policy”, (with Aslam Anis), Vol. 33, Journal of International Economics, 1992, 363-371.

“On the Price Effects of Mergers With Freer Trade”, Vol. 6, International Journal of Industrial Organization, June 1988, 233-246.

“Movements Toward Free Trade and Domestic Market Performance With Imperfect Competition”, Vol. 21, Canadian Journal of Economics, August 1988, 507-524.


Experimental Economics & Election Stock Markets

“Wishes, Expectations and Actions: A Survey on Price Formation in Election Stock Markets”, (with Robert Forsythe and Thomas A. Reitz), Vol. 39, Journal of Economic Behavior and Organization, 1999, 83-110.

“On the Collaborative Potential of Psychology and Economics”, (with J. Keith Murnighan), Vol. 39, Journal of Economic Behavior and Organization, 1999, 1-10.

“The 1997 UBC Election Stock Market”, (with Werner Antweiler), Vol. 6, Canadian Business Economics, Winter 1998, 15-22.

“Markets as Predictors of Election Outcomes: Campaign Events and Judgement Bias in the 1993 UBC Election Stock Market”, (with Robert Forsythe, Murray Frank and Vasu Krishnamurthy), Vol. 24, Canadian Public Policy, 1998, 329-351.

“Cooperation without Reputation: Experimental Evidence from Prisoner’s Dilemma Games”, (with Russell Cooper, Douglas DeJong and Robert Forsythe), Vol. 12, Games and Economic Behavior, 1996, 187-218.

“Using Market Prices to Predict Election Results: The 1993 UBC Election Stock Market”, (with Robert Forsythe, Murray Frank and Vasu Krishnamurthy), Vol. 28, Canadian Journal of Economics, November 1995, 770-793.

“Alternate Institutions for Resolving Coordination Problems: Experimental Evidence on Forward Induction and Pre-play Communication”, (with Russell Cooper, Douglas V. DeJong and Robert Forsythe), in James W. Friedman (ed.) Problems of Coordination in Economic Activity, Boston: Kluwer Academic Publishers, 1994.

“Forward Induction in the Battle of the Sexes Game”, (with Russell Cooper, Douglas V. DeJong and Robert Forsythe), Vol. 83, American Economic Review, December 1993, 1303-1316.

“Forward Induction in Coordination Games”, (with Russell Cooper, Douglas V. DeJong and Robert Forsythe), Vol. 40, Economics Letters, 1992, 167-172.

“Communication in Coordination Games”, (with Russell Cooper, Douglas V. DeJong and Robert Forsythe), Vol. 107, Quarterly Journal of Economics, May 1992, 739-771.

“Selection Criteria in Coordination Games: Some Experimental Results”, (with Russell Cooper, Douglas V. DeJong and Robert Forsythe), Vol. 80, American Economic Review, March 1990, 218-233.

“Communication in the Battle of the Sexes Game”, (with Russell Cooper, Douglas V. DeJong and Robert Forsythe), Vol. 20, Rand Journal of Economics, Winter 1989, 568-587.


Public Finance & Other

“Protecting Underfunded Pensions: The Role of Guarantee Funds”, (with Russell Cooper), Vol. 8, Journal of Pension Economics and Finance, 2003, 247-272.

“Pensions: Theories of Underfunding”, (with Russell Cooper), Vol. 8, Labour Economics, 2001, 667-689.

“Raising an Army: A Positive Theory of Military Recruitment”, Vol. 37, Journal of Law & Economics, April 1994, 109-131.

“On the Relative Efficiency of Cash Transfers and Subsidies”, Vol. 29, Economic Inquiry, July 1991, 485-496.

“The Cyclical Variation of Wage Premiums in the Canadian Manufacturing Industries”, (with William J. Milne), Vol. 39, Relations Industrielles/ Industrial Relations, Vol. 39, 1984, 762-773. Solutions to Problems in the Theory of Price, 4th edition (with George J. Stigler), Macmillan, 1986.


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