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A Compleat Guide to
Robustness of the Unraveling Result
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access charges adjustment costs agency allocation analysis antitrust enforcers antitrust laws antitrust policy assumption AT&T basic Baumol group behavior benefits BOCs budget bureaucrats capital Clayton Act collusion companies competition conspiracy consumers courts customers deadweight loss dealers decisions demand curve demand functions distribution distributors economic welfare economists effects efficiency elasticity entrants equation example expected Federal Trade Commission firm's impact important incentives increase industry input integrated firms inter-LATA interest groups interest rates Journal LATAs legislators Lerner index manufacturer marginal cost market power maximize merger monopolist monopoly power mortgage yields natural monopoly OCCs operating output participation decision political Posner price discrimination problem production profits proposition reduce regulatory relative resale price maintenance result retailers revenue sheet plants Sherman Act significant subsidy substitution sunk costs telecommunications telephone territorial restrictions theory tion tive variables vertical restraints vote choice voter zero