Because of cross-border demand and supply linkages, merger approval decisio...
Why this work is in the frame
A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.
Bibliographic record
Abstract
In a globalizing world, the decisions of national merger authorities impose externalities on foreign jurisdictions. In a two-country international trade model with oligopolistic competition, we study the potential conflicts between national merger authorities and provide conditions under which they arise. When deciding whether to block a proposed merger to prevent harm on domestic consumers, each authority faces a trade-off between the market power effect of the merger and its efficiency effect. Because of trade costs and asymmetries between countries, the same merger may be good for consumers in one country but bad for consumers in the other. Endogenizing the merger formation process and explicitly modeling the authorities ’ decisions, we calibrate the model to match industry-level data for 160 sectors in the U.S. and Canada. We use the calibrated model to study the impact of different policy regimes such as introducing or abolishing veto rights on foreign mergers, or the establishment of a North American competition authority. We also look at the interaction of merger and trade policy by studying how the changes in consumer surplus resulting from these policy changes vary with the level
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.000 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.000 | 0.000 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.000 | 0.000 |
| Open science | 0.000 | 0.000 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.003 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it