<p><P>Competition, Innovation, and Antitrust develops a theory of market leadership in the presence of endogenous entry of firms and applies it to models of competition in the market and for the market. On this basis, the author provides a new approach to antitrust policy which is in support of the
Competition, Innovation, and Antitrust: A Theory of Market Leaders and Its Policy Implications
β Scribed by Federico Etro
- Publisher
- Springer
- Year
- 2007
- Tongue
- English
- Leaves
- 296
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy, and in particular to issues of abuse of dominance, which goes beyond the post-Chicago approach, and to analyse antitrust cases as the Microsoft case.
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