Side Effects of Google

Throughout history, humans and technology have developed simultaneously. The internet is one of the most modern examples of this phenomenon and researchers have noticed that as the internet becomes increasingly available, humans rely on it more. As a result, people seem to retain less information, and what they do remember is often false or misleading. This article examines the impact the internet has had on memory, education, and healthcare

Market Power and Cartel Formation: Theory and an Empirical Test

Antitrust enforcement makes it difficult to test theories of cartel formation because most attempts to form cartels are blocked. However, federal laws allow U.S. produce growers to operate marketing cartels through devices called marketing orders. These cartels use quantity controls and quality standards to raise prices on fresh produce. Some growers have adopted marketing orders and others have not. This paper develops and tests a positive theory of the adoption of marketing orders. The theory suggests that growers in a region are more likely to adopt a marketing order if the demand for fresh produce is inelastic, the growers’ market share in the fresh market is large, there are barriers to entry and expansion, the fraction of the output the growers ship to the fresh market is not too large or too small, growers are homogeneous, and large cooperatives exist. Probit analyses support these hypotheses.marketing order; cartel; collusion; empirical; agriculture

Pruning Small Fruits

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