This book uses game theory to analyze anti-competitive behavior among firms and to consider its implications for competition policy. Topics include "explicit collusion," "tacit collusion," "semicollusion," and the detection of predatory pricing. The book discusses several European antitrust decisi
Market structure and competition policy: Game-theoretic approaches
β Scribed by George Norman, Jacques-FranΓ§ois Thisse
- Publisher
- Cambridge University Press
- Year
- 2001
- Tongue
- English
- Leaves
- 307
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
Market Structure and Competition Policy applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real world markets operate. These results have particular relevance to the design and application of anti-trust policy.
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