We document abrupt increases in retail beer prices just after the consummation of the
MillerCoors joint venture, both for MillerCoors and its major competitor, Anheuser‐Busch …

We present a model of vertical contracts between manufacturers and retailers with nonlinear
pricing strategies. Using home‐scan data on bottled water produced by manufacturers and …

The purpose of this article is to explore and examine the impressive growth of small and
micro-breweries registered in the UK and US from the early 1980s. While the majority of …

For all the turmoil that roiled financial markets during the Great Recession and its aftermath,
Wall Street forecasts once again turned bullish and corporate profitability soared to …

We study a repeated game of price leadership in which a firm proposes supermarkups over
Bertrand prices to a coalition of rivals. Supermarkups and marginal costs are recoverable …

In this paper, I look at four models of firm profitability: two taken from Industrial Organization,
one from Finance, and one from the Economics of Exhaustible Resources. Only one predicts …

This paper employs a nation-wide sample of supermarket scanner data to estimate a large
brand-level demand system for beer in the US using the Distance Metric method of Pinkse …

Abstract Between 1950 and 2000, the four-firm producer-concentration ratio for beer
increased from 22 to 95 in the United States; and Anheuser-Busch's share of domestic …

This paper is based on a study commissioned by the European Commission, in which we
proposed a detailed methodological approach for the ex-post assessment of decisions …

This study utilizes a brand‐level dataset that captures a unique natural experiment, a 100%
increase in the excise tax, to evaluate different pricing models in the US beer industry. To …