LIST OF EXAMPLES 9.6 The Sugar Quota 14.2 Labor Supply for One- and Two-Earner Households 541 342 9.7 A Tax on Gasoline 349 10.1 Astra-Merck Prices Prilosec 14.3 Pay in the Military 364 10.2 Elasticities of Demand for Soft Drinks 545 14.4 Monopsony Power in the Market for Baseball Players 548 370 10.3 Markup Pricing: Supermarkets to Designer Jeans 372 14.5 Teenage Labor Markets and the Minimum Wage 549 10.4 The Pricing of Videos 14.6 The Decline of Private-Sector Unionism 374 10.5 Monopsony Power in U.S Manufacturing 10.6 A Phone Call about Prices 388 392 393 11.1 The Economics of Coupons and Rebates 563 15.2 The Yields on Corporate Bonds 10.8 The United States and the European Union versus Microsoft 394 408 553 554 15.1 The Value of Lost Earnings 10.7 Go Directly to Jail Don’t Pass Go 11.2 Airline Fares 14.7 Wage Inequality Revisited 567 15.3 The Value of a New York City Taxi Medallion 15.5 Choosing an Air Conditioner and a New Car 409 11.3 How to Price a Best-Selling Novel 11.4 Pricing Cellular Phone Service 15.5 Should You Go to Business School? 413 16.1 The Global Market for Ethanol 11.5 The Complete Dinner versus la Carte: A Restaurant’s Pricing Problem 427 11.6 Advertising in Practice 587 598 16.2 “Contagion” across Stock Markets around the World 600 432 12.1 Monopolistic Competition in the Markets for Colas and Coffee 455 16.3 Trading Tasks and iPod Production 12.2 A Pricing Problem for Procter & Gamble 16.5 Inefficiency in the Health Care System 12.3 Procter & Gamble in a Prisoners’ Dilemma 579 582 15.6 How Depletable are Depletable Resources? 417 573 15.4 Capital Investment in the Disposable Diaper Industry 576 467 471 621 16.4 The Costs and Benefits of Special Protection 17.1 Medicare 622 626 636 12.4 Price Leadership and Price Rigidity in Commercial Banking 475 17.2 Lemons in Major League Baseball 12.5 The Prices of College Textbooks 12.6 The Cartelization of lntercollegiate Athletics 480 17.4 Reducing Moral Hazard: Warranties of Animal Health 645 12.7 The Milk Cartel 17.5 CEO Salaries 476 481 13.1 Acquiring a Company 17.3 Working into the Night 647 17.6 Managers of Nonprofit Hospitals as Agents 490 13.2 Oligopolistic Cooperation in the Water Meter Industry 501 13.3 Competition and Collusion in the Airline Industry 501 17.7 Efficiency Wages at Ford Motor Company 13.5 DuPont Deters Entry in the Titanium Dioxide Industry 514 18.4 Regulating Municipal Solid Wastes 13.6 Diaper Wars 18.6 The Coase Theorem at Work 13.8 Internet Auctions 522 14.1 The Demand for Jet Fuel 18.5 Global Warming 536 673 682 687 18.7 Crawfish Fishing in Louisiana 18.8 The Demand for Clean Air 522 656 18.2 Reducing Sulfur Dioxide Emissions in Beijing 18.3 Emissions Trading and Clean Air 515 649 18.1 The Costs and Benefits of Sulfur Dioxide Emissions 665 13.4 Wal-Mart Stores’ Preemptive Investment Strategy 509 13.7 Auctioning Legal Services 637 642 A.1 The Demand for Coal 706 693 689 678 672