Professor Busse’s research focuses on market structure and competition, with particular interest in pricing and price discrimination. She has studied these issues in a variety of industries, including cellular telephones, airlines, coal, and natural gas. Her recent work has focused on the automobile industry, investigating both promotional strategies and environmental issues associated with cars and car purchasing behavior.
|In the absence of a carbon tax, industry self-regulation can help mitigate the worst fallout from climate change.||Strongly Disagree||8||“Past examples of industries who collectively undertook actions that were costly to themselves purely for the benefit of society are pretty scarce. Firms will do things that are profit opportunities or that are required of them. The sheer magnitude of adaptation that is necessary to prevent climate change will only happen if regulations force firms and consumers to do what they wouldn’t otherwise do.”|
|Amazon’s new $15 per hour minimum wage will force other companies to follow suit.||Disagree||4||“It may well be that other companies will also be increasing their minimum wages, but if so, it is more likely because of a tight labor market than it is a direct, causal response to Amazon’s decision to do so.”|
|Restrictions on skilled immigration will cause US firms to to shift more operations overseas.||Did Not Answer|
|Uber has to develop self-driving cars in the next 10 years in order to remain viable.||Strongly Disagree||2||“It may be that Uber will need to be using self-driving cars 10 years from now in order to remain viable, but it seems very unlikely that Uber will need to develop those cars itself.”|
|A trade war will be more disruptive to business than to consumers.||Agree||6||“Some businesses will suffer concentrated losses — especially businesses that see overseas demand shrink or input costs rise. This will be more disruptive than the diffuse losses suffered by consumers.”|