Nonprofit hospital mergers and the exercise of market power

Article Abstract:

The author examines the US Dept of Justice's undifferentiated treatment of nonprofit and for-profit hospital mergers. Results indicate private hospitals price lower than for-profits in their markets and mergers do not appear to change this.

Evaluation, Mergers, acquisitions and divestments, Antitrust law, Market share, Hospitals, Voluntary, Voluntary hospitals

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Fashion, styling, and the within-season decline in automobile prices

Article Abstract:

The authors analyze the decline in seasonal variation in new retail automobile prices and suggest reasons for the decline, including model change costs and overall cost to consumers lessening fashion impact.

Motor vehicles and car bodies, Automobiles, Automobile Manufacturing, Fashion, Seasonal variations (Economics)

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Cooperation in prices and capacities: trade associations in brewing after repeal

Article Abstract:

The author examines cooperative pricing in the brewing industry in the US following the repeal of Prohibition in 1933 and prior to wartime rationing in 1942, focusing on trade association activities.

Economic aspects, Brewing industry, Breweries, Trade and professional associations, Professional associations, Trade associations, Price fixing, United States history, Cooperation (Economics), Cooperation, United States history, 1921-1945, Prohibition

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