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PublicationsPOLO MICHELE International Journal of Industrial Organization Last change 09/01/2013 L'intervento antitrust in materia di pratiche escludenti: lezioni dal dibattito recente (2010) POLO MICHELE in 20 anni di Antitrust (a cura di C.Rabitti Bedogni e P.Barucci), Torino, Giappichelli Last change 10/01/2011 Damages for Exclusionary Practices: a Primer (2010) POLO MICHELE (joint with C.Fumagalli e J.Padilla) in I.Kokkonis e F.Etro (eds.) Competition Law and the Enforcement of Article 82, Oxford UP Last change 10/01/2011 Incentives to Innovate and Social Harm: Laissez-faire, Authorization or Penalties (2011) POLO MICHELE (joint with Marco Pagano and Giovanni Immordino) Journal of Public Economics (forthcoming) When firms' research can lead to potentially harmful innovations, public intervention may thwart their incentives to undertake research by reducing its expected profitability (average deterrence) and may guide the use of innovation (marginal deterrence). We compare four policy regimes: laissez faire, ex-post penalties and two forms of authorization -- lenient and strict. If fines are unbounded, laissez faire is optimal if the social harm from innovation is sufficiently unlikely; otherwise, regulation should impose increasing penalties as innovation becomes more dangerous. If fines are bounded by limited liability, for intermediate levels of expected social harm it is optimal to adopt (indifferently) penalties or lenient authorization, while strict authorization becomes optimal if social harm is sufficiently likely. Last change 10/01/2011 Competitive v. Anticompetitive Explanations of Unilateral Practices: the Identification Problem (20/11/2009) POLO MICHELE Journal of Competition Law and Economics, 2010, 1:1.20. Last change 04/03/2010 Regulation for Pluralism in the Media Markets (2007) POLO MICHELE in: P.Seabright J. von Hagen (eds.), The Economic Regulation of Broadcasting Markets, Cambridge U.P. Last change 04/03/2010 Buyer Power and Quality Improvements (2007) POLO MICHELE (with P.Battigalli and C.Fumagalli) Research in Economics, 61: 45-61 Last change 04/03/2010 Price Squeeze: Lessons from the Telecom Italia Case (2007) POLO MICHELE Journal of Competition Law and Economics, 3: 453 - 470 Last change 04/03/2010 Entry, Product Line Expansion and Predation (2007) POLO MICHELE (with V.Denicolò and P.Zanchettin) Journal of Competition Law and Economics, 3: 609 - 624 Last change 04/03/2010 Leniency Programs and Cartel Prosecution (13/02/2001) POLO MICHELE (with M.Motta) International Journal of Industrial Organization. Last change 05/12/2008 Are Judges Biased by Labor Market Conditions? (25/06/2002) POLO MICHELE (with A.Ichino e E.Rettore) European Economic Review Last change 05/12/2008 Beyond the Spectrum Constraint: Concentration and Entry in the Broadcasting Industry (2001) POLO MICHELE (with M.Motta) Rivista di Politica Economica
Last change 05/12/2008 Merger Remedies in the EU: an Overview (17/02/2002) POLO MICHELE (with M.Motta e H.Vasconcelos) The Antitrust Bulletin Last change 05/12/2008 Last updated September 15, 2008
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