Académique Documents
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09/15/2015
9/16 Wednesday
Put STPP on header of email
Mancur Olson Acting to advance collective interests is hard
o Collective interests are (often) public goods
Non-excludable
Individuals cannot be denied access to good
Non-rivalrous
Use by one does not affect availability to others
Example: Lighthouse used for navigation, Radio stations
o Public goods are (typically) underprovided
Rational individuals minimize private costs of providing
collective goods
Rational individuals free ride on the contributions of
others
o How do groups manage to achieve collective action?
Selective incentives to encourage actions in the group
interest
Moral suasion and/or punishments may discourage free
riding
Compensatory side payments to buy off opposition
o Implications
Small groups with concentrated interests outperform
large groups with diffuse collective interests. Effect
amplified by time, uncertainty
o Sources of Political Failure: Olson Dilemmas of Collective
Action
Public benefits from organizing / private costs of
organizing / free riding
Mergers
Pearlstein Why Justice blocked AA-US merger
Chris Isidore USAir and AA Reach Deal with Justice
Emily Steel Under Reg Scrutiny..
IT Practices
Robert McMillian
James Kanter
Sam Schechner Google Rebuffs EU on Antitrust Charges
Strategic Trade
Marc L. Busch Trade Warriors (Chapter 1 and 3)
James Politi
Jeffrey Ball, Solar Panel
J Shankelman, Have Anti-dumping Measures helped or hindered EU
Solar
Dumping selling the products less than the cost
Tuesday 9/15/15
Paper Topic Outline Due by Email Next Monday (9/21)
Viscusi should optimize a working economic, only when the
economy is not working efficiently, then regulation
Stigler theres actually a market for regulation, theres a market
for competition
graziano@mit.edu - Writing Tutor
Graham T. Allison