Research on Cartels


Accounting for Growth:  Information Systems and the Creation of the Large Corporation, Stanford University Press (1998).

Cartels. Co-edited with Stephen Salant. Edward Elgar (2007).

Selected Papers

“Preventing Cartel Recidivism” with Catarina Marv√£o and Valerie Y. Suslow. Antitrust Magazine 2016, forthcoming.

“Price fixing hits home: An Empirical Study of U.S. Price Fixing Conspiracies” with Valerie Y. Suslow. Review of Industrial Organization 2016 48(4), 361-379.

“The Effect of Competition on Trade Patterns: Evidence from the Collapse of International Cartels” with Jagadeesh Sivadasan and Valerie Y. Suslow. International Journal of Industrial Organization 2015 39 (March), 56-70.

“How do cartels use vertical restraints? Reflections on Bork's Antitrust Paradox and twenty-first century cartels” with Valerie Y. Suslow, Journal of Law and Economics 2014 57 (August), S33-S50. Recipient, Jerry S. Cohen Memorial Award for Best Vertical Restraints Article of 2014.

“Cartels and Collusion: Empirical Evidence” with Valerie Suslow. In Oxford Handbook on International Antitrust Economics 2014, Roger D. Blair and D. Daniel Sokol, editors.

“Escape from Equilibrium: Thinking Historically about Firm Responses to Competition” Enterprise and Society, 2012 13(4) December

“Antitrust and Business History” Southern California Law Review 2012 85(3), 451-458.

Breaking Up Is Hard to Do: Determinants of Cartel Duration and the Role of Cartel Organization with Valerie Suslow, Journal of Law and Economics 2011 54:2, 455-492.

“Constant Vigilance: Maintaining Cartel Deterrence During the Great Recession” with Valerie Suslow Competition Policy International 2010 6(2) 145-162.

International Cartels (with Valerie Y. Suslow) in Issues in Competition Law and Policy, Wayne Dale Collins, ed. (2008: American Bar Association Press ).

Cartels (with Valerie Y. Suslow) in The New Palgrave Dictionary of Economics (2nd ed.), Steven N. Durlauf and Lawrence E. Blume. eds. (2008: Macmillan).

The Economic Impact of the U.S. Export Trading Company Act (with Valerie Y. Suslow) Antitrust Law Journal 2007 27(2) 343-386.

Cartel Bargaining and Monitoring: The Role of Information Sharing with Valerie Y. Suslow, in The Pros and Cons of Information Sharing (2007: Swedish Competition Agency).

What Determines Cartel Success (with Valerie Y. Suslow)Journal of Economic Literature 2006 44(1), pp. 43-95.

The Changing International Status of Export Cartel Exemptions (with Valerie Y. Suslow). American University International Law Review 2005 20(3) 785-828.

International Price-Fixing Cartels and Developing Countries: Discussion of Effects and Policy Remedies (with Valerie Y. Suslow). Antitrust Law Journal 2004 71:3, pp. 801-852.

International Cartel Enforcement: Lessons from the 1990s (with Simon J. Evenett and Valerie Y. Suslow) The World Economy: Special Global Trade Policy Issue 2001 24:9 1221-1245.

Price Wars and the Stability of Collusion: A Study of the Pre-World War I Bromine Industry Journal of Industrial Economics 1997 45(2) 117-137.

Do Price Wars Facilitate Collusion?: A Study of the Bromine Cartel Before World War I Explorations in Economic History 1995 33(1) 107-137.

Mass Production Conquers the Pool: Firm Organization and the Nature of Competition in the Nineteenth Century Journal of Economic History 1995 55(3) 575-611.