Selected Bibliography for Dennis W. Carlton

David McDaniel Keller Professor of Economics

Home page of Dennis W. Carlton
Dennis W. Carlton profile at Scopus

Published Works  

"Effects of the 2010 Horizontal Merger Guidelines on Merger Review: Based on Ten Years of Practical Experience." Dennis W. Carlton and Mark A. Israel; Review of Industrial Organization, 2021, 58(1), pp. 213-34.

"The Revolution in Antitrust: An Assessment." Dennis W. Carlton and Ken Heyer; The Antitrust Bulletin, 2020, 65(4), pp. 608-27.

"Transaction Costs and Competition Policy." Dennis W. Carlton; International Journal of Industrial Organization, 2020, 73, pp. 102539.

"Antitrust Treatment of Nonprofits: Should Hospitals Receive Special Care?" Cory S. Capps, Dennis W. Carlton and Guy David; Economic Inquiry, 2020, 58(3), pp. 1183-99.

"Are Legacy Airline Mergers Pro- or Anti-Competitive? Evidence from Recent U.S. Airline Mergers." Dennis Carlton, Mark Israel, Ian MacSwain and Eugene Orlov; International Journal of Industrial Organization, 2019, 62, pp. 58-95.

"Vertical Most-Favored-Nation Restraints and Credit Card No-Surcharge Rules." Dennis W. Carlton and Ralph A. Winter; The Journal of Law and Economics, 2018, 61(2), pp. 215-51.

"Does the Ftc's Theory of Product Hopping Promote Competition?" Dennis W. Carlton, Fredrick A. Flyer and Yoad Shefi; Journal of Competition Law & Economics, 2016, 12(3), pp. 495-506.

"Antitrust, Transaction Costs, and Merger Simulation with Nonlinear Pricing." Dennis W. Carlton and Bryan Keating; The Journal of Law and Economics, 2015, 58(2), pp. 269-89.

"Rethinking Antitrust in the Presence of Transaction Costs: Coasian Implications." Dennis W. Carlton and Bryan Keating; Review of Industrial Organization, 2015, 46(4), pp. 307-21.

"An Economic Interpretation of Frand." Dennis W. Carlton and Allan L. Shampine; Journal of Competition Law and Economics, 2013, 9(3), pp. 531-52.

"Upgrades, Switching Costs and the Leverage Theory of Tying." Dennis W. Carlton and Michael Waldman; The Economic Journal, 2012, 122(561), pp. 675-706.

"Brantley Versus Nbc Universal: Where's the Beef?" Dennis W. Carlton and Michael Waldman; Competition Policy International, 2012, 8(2), pp. 1-12.

"Proper Treatment of Buyer Power in Merger Review." Dennis W. Carlton and Mark Israel; Review of Industrial Organization, 2011, 39(1-2), pp. 127-36.

"Competition, Monopoly, and Aftermarkets." Dennis W. Carlton and Michael Waldman; Journal of Law, Economics, and Organization, 2010, 26(1), pp. 54-91.

"Revising the Horizontal Merger Guidelines." Dennis W. Carlton; Journal of Competition Law and Economics, 2010, 6(3), pp. 619-52.

"Net Neutrality and Consumer Welfare." Gary S. Becker, Dennis W. Carlton and Hal S. Sider; Journal of Competition Law and Economics, 2010, 6(3), pp. 497-519.

"Measure the Effectiveness of U.S. Merger Policy." Dennis W. Carlton; Economists' Voice, 2009, 6(7).

"Product Variety and Demand Uncertainty: Why Markups Vary with Quality." Dennis W. Carlton and James D. Dana Jr.; Journal of Industrial Economics, 2008, 56(3), pp. 535-52.

"Assessing the Anticompetitive Effects of Multiproduct Pricing." Dennis W. Carlton, Patrick Greenlee and Michael Waldman; Antitrust Bulletin, 2008, 53(3), pp. 587-622.

"A Solution to Airport Delays." W. Tom Whalen, Dennis W. Carlton, Ken Heyer and Oliver Richard; Regulation, 2008, 31(1), pp. 30-36.

"Should "Price Squeeze" Be a Recognized Form of Anticompetitive Conduct?" Dennis W. Carlton; Journal of Competition Law and Economics, 2008, 4(2), pp. 271-78.

"The Year in Review: Economics at the Antitrust Division, 2006–2007." Dennis Carlton and Ken Heyer; Review of Industrial Organization, 2007, 31(2), pp. 121-37.

"Does Antitrust Need to Be Modernized?" Dennis W. Carlton; Journal of Economic Perspectives, 2007, 21(3), pp. 155-76.

"Predation and the Entry and Exit of Low-Fare Carriers," Gustavo E. Bamberger and Dennis W. Carlton, in Advances in Airline Economics Volume 1 Competition Policy and Antitrust. D. Lee, Amsterdam and San Diego Elsevier, 2006, pp. 1-23.

Modern Industrial Organization Dennis W. Carlton and Jeffrey M. Perloff; Boston: Addison Wesley, 2005.

"The Competitive Effects of Fannie Mae " Dennis W. Carlton, David B. Gross and Robert S. Stillman, in Housing Matters : Issues in American Housing Policy. Washington, D.C.: Fannie Mae, 2004, pp. 1-14.

"Using Economics to Improve Antitrust Policy.(2003 Milton Handler Antitrust Review)." Dennis W. Carlton; Columbia Business Law Review, 2004, 2004(2), pp. 283-333.

"Why Barriers to Entry Are Barriers to Understanding." Dennis W. Carlton; American Economic Review, 2004, 94(2), pp. 466.

"The Control of Externalities in Sports Leagues: An Analysis of Restrictions in the National Hockey League." Dennis W. Carlton, Alan S. Frankel and Elisabeth M. Landes; Journal of Political Economy, 2004, 112(1), pp. S268-88.

"Intellectual Property, Antitrust, and Strategic Behavior," Dennis W. Carlton and Robert H. Gertner, in Innovation Policy & the Economy. A. B. Jaffe, J. Lerner and S. Stern, Cambridge: MIT Press, 2003, pp. 29-59.

"Contracts That Lessen Competition -- What Is Section 27 for, and How Has It Been Used?," Dennis W. Carlton and David Goddard, in Competition Law at the Turn of the Century : A New Zealand Perspective. M. N. Berry and L. T. Evans, Wellington: Victoria University of Wellington, 2003, pp.

"Economists' Roundtable." Jonathan B. Baker, Dennis W. Carlton, Philip Nelson and Janusz A. Ordover; Antitrust, 2003, 17(2), pp. 8-18.

"Airline Networks and Fares," Gustavo E. Bamberger and Dennis W. Carlton, in Handbook of Airline Economics. D. Jenkins, Washington, D.C.: Aviation Week 2002, pp.

"The Strategic Use of Tying to Preserve and Create Market Power in Evolving Industries." Dennis W. Carlton and Michael Waldman; RAND Journal of Economics, 2002, 33(2), pp. 194-220.

"Should the Merger Guidelines Be Scrapped? Introduction to a Debate." Dennis W. Carlton; University of West Los Angeles Law Review, 2001, 33.

"The Economics of Religion, Jewish Survival, and Jewish Attitudes toward Competition in Torah Education." Dennis W. Carlton and Avi Weiss; Journal of Legal Studies, 2001, 30(1), pp. 253-75.

"A General Analysis of Exclusionary Conduct and Refusal to Deal--Why Aspen and Kodak Are Misguided." Dennis W. Carlton; Antitrust Law Journal, 2001, 68(Issue 3), pp. 659.

"The Choice of Organizational Form in Gasoline Retailing and the Cost of Laws That Limit That Choice." Asher A. Blass and Dennis W. Carlton; Journal of Law and Economics, 2001, 44( 2), pp. 511.

"The Lessons from Microsoft." Dennis W. Carlton; Business Economics, 2001, 36(1), pp. 47-53.

"Free Riding and Sales Strategies for the Internet." Dennis W. Carlton and Judith A. Chevalier; Journal of Industrial Economics, 2001, 49(4), pp. 441-61.

Modern Industrial Organization Dennis W. Carlton and Jeffrey M. Perloff; The Addison-Wesley Series in Economics;; Reading, Mass.: Addison-Wesley, 2000.

"Antitrust and Higher Education: Mit Financial Aid," Gustavo E. Bamberger and Dennis W. Carlton, in The Antitrust Revolution: Economics, Competition, and Policy. J. E. Kwoka, Jr. and L. J. White, Third edition. New York and Oxford: Oxford University Press, 1999, pp. 264-85.

"Market Power and Vertical Restraints in Retailing and an Analysis of Ftc V Toys "R" Us," Dennis W. Carlton and Hal S. Sider, in The Role of the Academic Economist in Litigation Support. D. J. Slottje, Amsterdam; New York and Tokyo: Elsevier Science North Holland, 1999, pp. 67-96.

"Comment on 'the Distribution of the Insurance Market Effects of Tort Liability Reforms'." Dennis W. Carlton; Brookings Papers on Economic Activity. Microeconomics, 1998, 1998, pp. 101-05.

"A Critical Assessment of the Role of Imperfect Competition in Macroeconomics," Dennis W. Carlton, in Market Behaviour and Macroeconomic Modelling. S. Brakman, H. van Ees and S. K. Kuipers, New York: St. Martin's Press; London: Macmillan Press, 1998, pp. 73-104.

"Price Rigidity," Dennis W. Carlton, in Business Cycles and Depressions : An Encyclopedia. D. Glasner and T. F. Cooley, New York: Garland 1997, pp. 544-47.

"Communication among Competitors: Game Theory and Antitrust." Dennis W. Carlton, Robert H. Gertner and Andrew M. Rosenfeld; George Mason Law Review, 1997, 5(3), pp. 423-40.

Organizzazione Industriale Dennis W. Carlton and Jeffrey M. Perloff; Collana Di Istruzione Scientifica.; Serie Di Economia;; Milano: McGraw-Hill libri Italia, 1997.

"You Keep on Knocking but You Can't Come In: Evaluating Restrictions on Access to Input Joint Ventures.(Symposium: High Technology, Antitrust & the Regulation of Competition)." Dennis W. Carlton and Steven C. Salop; Harvard Journal of Law & Technology, 1996, 9(2), pp. 319-52.

"Comment on 'Causes and Consequences of Airline Fare Wars'." Dennis W. Carlton; Brookings Papers on Economic Activity. Microeconomics, 1996, 1996, pp. 127-31.

"The Competitive Effects of Line-of-Business Restrictions in Telecommunications." Kenneth J. Arrow, Dennis W. Carlton and Hal S. Sider; Managerial and Decision Economics, 1995, 16(4), pp. 301-21.

"The Antitrust Economics of Credit Card Networks." Dennis W. Carlton and Alan S. Frankel; Antitrust Law Journal, 1995, 63(Issue 2), pp. 643.

"The Antitrust Economics of Credit Card Networks: Reply to Evans and Schmalensee " Dennis W. Carlton and Alan S. Frankel; Antitrust Law Journal, 1995, 63(Issue 3), pp. 903.

"Antitrust and Payment Technologies." Dennis W. Carlton and Alan S. Frankel; Federal Reserve Bank of St. Louis Review, 1995, 77(6), pp. 41-54.

"Economic Organization and Conflict." Dennis W. Carlton; Journal of Institutional and Theoretical Economics, 1995, 151(1), pp. 218-36.

"Antitrust and Higher Education: Was There a Conspiracy to Restrict Financial Aid?" Dennis W. Carlton, Gustavo E. Bamberger and Roy J. Epstein; The Rand Journal of Economics, 1995, 26(1), pp. 131-47.

Modern Industrial Organization Dennis W. Carlton and Jeffrey M. Perloff; New York: HarperCollins College Publishers, 1994.

"The Genesis of Inflation and the Costs of Disinflation: Comment." Dennis W. Carlton; Journal of Money, Credit and Banking, 1991, 23(3), pp. 453-56.

"The Theory of Allocation and Its Implications for Marketing and Industrial Structure: Why Rationing Is Efficient." Dennis W. Carlton; Journal of Law and Economics, 1991, 34(2), pp. 231-62.

"Comment on 'the Genesis of Inflation and the Costs of Disinflation'." Dennis W. Carlton; Journal of Money, Credit, and Banking, 1991, 23( 3), pp. 453.

"The Economics of Cooperation and Competition in Electronic Services Network Industries," Dennis W. Carlton, in Electronic Services Networks: A Business and Public Policy Challenge. M. E. Guerin-Calvert and S. S. Wildman, Westport and London: Greenwood Praeger, 1991, pp. 77-87.

"Comment on 'Vertical Integration and Market Foreclosure'." Dennis W. Carlton; Brookings Papers on Economic Activity. Microeconomics, 1990, 1990, pp. 277-86.

"Book Review: Theory of Industrial Organization by Jean Tirole." Dennis W. Carlton; Journal of Political Economy, 1990, 98(3), pp. 668.

Modern Industrial Organization Dennis W. Carlton and Jeffrey M. Perloff; Glenview, Ill. and London: Scott Foresman/Little Brown Higher Education, 1990.

"Market Power and Mergers in Durable-Good Industries." Dennis W. Carlton and Robert Gertner; Journal of Law and Economics, 1989, 32(2), pp. S203-S26.

"The Theory and the Facts of How Markets Clear: Is Industrial Organization Valuable for Understanding Macroeconomics?," Dennis W. Carlton, in Handbook of Industrial Organization. R. Schmalensee and R. D. Willig, Amsterdam; Oxford and Tokyo: North-Holland, 1989, pp. 909-46.

"The Limitation of Pigouvian Taxes as a Long-Run Remedy for Externalities: An Extension of Results." Dennis W. Carlton and Glenn C. Loury; Quarterly Journal of Economics, 1986, 101(3), pp. 631-34.

"The Rigidity of Prices." Dennis W. Carlton; American Economic Review, 1986, 76(4), pp. 637-58.

"The Regulation of Insider Trading. ." Dennis W. Carlton and Daniel R. Fischel; Securities Law Review, 1984, pp. 257-95.

"Futures Markets: Their Purpose, Their History, Their Growth, Their Successes and Failures." Dennis W. Carlton; Journal of Futures Markets, 1984, 4(3), pp. 237-71.

"Energy and the Location of Industry: Comment," Dennis W. Carlton, in Energy Costs, Urban Development, and Housing. A. Downs, Washington, D.C.: Brookings Institution, 1984, pp. 219-25.

"The Regulation of Insider Trading." Dennis W. Carlton and Daniel R. Fischel; Stanford Law Review, 1983, 35(5), pp. 857-95.

"Economic Goals and Remedies of the at&T Modified Final Judgment." Warren G. Lavey and Dennis W. Carlton; Georgetown Law Journal, 1983, 71(6), pp. 1497-518.

"A Reexamination of Delivered Pricing Systems." Dennis W. Carlton; Journal of Law and Economics, 1983, 26(1), pp. 51-70.

"The Location and Employment Choices of New Firms: An Econometric Model with Discrete and Continuous Endogenous Variables." Dennis W. Carlton; Review of Economics and Statistics, 1983, 65(3), pp. 440-49.

"Equilibrium Fluctuations When Price and Delivery Lag Clear the Market." Dennis W. Carlton; The Bell Journal of Economics, 1983, 14(2), pp. 562-72.

"On the Resignation of Ronald H. Coase." William M. Landes, Dennis W. Carlton and Frank H. Easterbrook; Journal of Law and Economics, 1983, 26( 1), pp. iii-vii.

"The Need for Coordination among Firms, with Special Reference to Network Industries." Dennis W. Carlton and J. Mark Klamer; University of Chicago Law Review, 1983, 50(2), pp. 446-65.

"Futures Trading, Market Interrelationships, and Industry Structure." Dennis W. Carlton; American Journal of Agricultural Economics, 1983, 65(2), pp. 380-87.

"The Disruptive Effect of Inflation on the Organization of Markets," Dennis W. Carlton, in Inflation: Causes and Effects. R. E. Hall, Chicago: University of Chicago Press, 1982, pp. ix, 290 p.

"Planning and Market Structure," Dennis W. Carlton, in The Economics of Information and Uncertainty. J. J. McCall, Chicago: University of Chicago Press, 1982, pp. 47-72.

"Comment on 'Risk Shifting, Statistical Discrimination, and the Stability of Earnings '," Dennis W. Carlton, in Studies in Labor Markets. S. Rosen, Chicago: University of Chicago Press, 1981, pp. 315-16.

"Comments on Weicher." Dennis W. Carlton; Journal of Law and Economics, 1981, 24(3), pp. 399-400.

"Price Discrimination, Vertical Integration and Divestiture in Natural Resource Markets." Dennis W. Carlton and Jeffrey M. Perloff; Resources and Energy, 1981, 3(1), pp. 1.

"Product Quality and Value in the New Home Market: Implications for Consumer Protection Regulation: Comment." Dennis W. Carlton; Journal of Law and Economics, 1981, 24(3), pp. 399-400.

"The Spatial Effects of a Tax on Housing and Land." Dennis W. Carlton; Regional Science and Urban Economics, 1981, 11(4), pp. 509-27.

"Benefits and Costs of Airline Mergers: A Case Study." Dennis W. Carlton, William M. Landes and Richard A. Posner; The Bell Journal of Economics, 1980, 11(1), pp. 65-83.

"The Law and Economics of Rights in Valuable Information: A Comment." Dennis W. Carlton; Journal of Legal Studies, 1980, 9(4), pp. 725-26.

"The Limitations of Pigouvian Taxes as a Long-Run Remedy for Externalities." Dennis W. Carlton and Glenn C. Loury; Quarterly Journal of Economics, 1980, 95(3), pp. 559-66.

"Vertical Integration in Competitive Markets under Uncertainty." Dennis W. Carlton; Journal of Industrial Economics, 1979, 27(3), pp. 189-209.

"Valuing Market Benefits and Costs in Related Output and Input Markets." Dennis W. Carlton; American Economic Review, 1979, 69(4), pp. 688-96.

"Contracts, Price Rigidity, and Market Equilibrium." Dennis W. Carlton; Journal of Political Economy, 1979, 87(5), pp. 1034-62.

"The Distribution of Permanent Income," Dennis W. Carlton, in Income Distribution and Economic Inequality. Z. Griliches, New York: Halsted Press, 1978, pp. 335 p.

"Market Behavior with Demand Uncertainty and Price Inflexibility." Dennis W. Carlton; American Economic Review, 1978, 68(4), pp. 571-87.

"Uncertainty, Production Lags, and Pricing." Dennis W. Carlton; American Economic Review, 1977, 67(1), pp. 244-49.

"Peak Load Pricing with Stochastic Demand." Dennis W. Carlton; American Economic Review, 1977, 67(5), pp. 1006-10.

"Selecting Subsidy Strategies for Housing Allowance Programs." Dennis W. Carlton and Joseph Ferreira, Jr.; Journal of Urban Economics, 1977, 4(3), pp. 221-47.

Market Behavior under Uncertainty; Dennis W. Carlton; Ph. D Dissertation, Massachusetts Institute of Technology, 1975.

Modelling the Effects of the Housing Allowance Program; Dennis W. Carlton; M.S. Dissertation, Massachusetts Institute of Technology, 1974.