Experiments and Competition Policy

Experiments and Competition Policy PDF Author: Jeroen Hinloopen
Publisher: Cambridge University Press
ISBN: 0521493420
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
Economists have begun to make much greater use of experimental methods in their research. This collection surveys these methods and shows how they can help us to understand firm behaviour in relation to various forms of competition policy.

Competition Policy and the Economic Approach

Competition Policy and the Economic Approach PDF Author: Josef Drexl
Publisher: Edward Elgar Publishing
ISBN: 0857930338
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
This outstanding collection of original essays brings together some of the leading experts in competition economics, policy and law. They examine what lies at the core of the .economic approach to competition law' and deal with its normative and institutional limitations. In recent years the more .economic approach' has led to a modernisation of competition law throughout the world. This book comprehensivelyexamines for the first time, the foundations and limitations of the approach and will be of great interest to scholars of competition policy no matter what discipline. Competition Policy and the Economic Approach will appeal to academics in competition economics and law, policy-makers and practitioners in the field of antitrust/competition law as well as postgraduate students in competition law and economics. Those interested in the interplay of law and economicsin the field of competition will also find this book invaluable.

Experimental Economics

Experimental Economics PDF Author: Nicholas Bardsley
Publisher: Princeton University Press
ISBN: 0691124795
Category : Business & Economics
Languages : en
Pages : 385

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Book Description
The authors explore the history of experiments in economics, provide examples of different types of experiments and show that the growing use of experimental methods is transforming economics into an empirical science. They explain that progress is being held back and debate on how to overcome these limitations.

Experiments and Competition Policy

Experiments and Competition Policy PDF Author: Jeroen Hinloopen
Publisher: Cambridge University Press
ISBN: 0521493420
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
Economists have begun to make much greater use of experimental methods in their research. This collection surveys these methods and shows how they can help us to understand firm behaviour in relation to various forms of competition policy.

A Collection of Surveys on Market Experiments

A Collection of Surveys on Market Experiments PDF Author: Charles Noussair
Publisher: John Wiley & Sons
ISBN: 1118790685
Category : Business & Economics
Languages : en
Pages : 374

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Book Description
Comprised of 10 surveys by leading scholars, this collection showcases the largest and fastest growing strands of research on market behaviour in experimental economics. Covers topics such as asset markets, contests, environmental policy, frictions, general equilibrium, labour markets, multi-unit auctions, oligopoly markets, and prediction markets Focuses on the literature that has helped economists best understand how markets operate Assesses the impact of developments in theory, policy, and research methods

Handbook of Game Theory and Industrial Organization, Volume II

Handbook of Game Theory and Industrial Organization, Volume II PDF Author: Luis C. Corchón
Publisher: Edward Elgar Publishing
ISBN: 1788112784
Category : Business & Economics
Languages : en
Pages : 547

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Book Description
This second volume of the Handbook includes original contribution by experts in the field. It provides up-to-date surveys of the most relevant applications of game theory to industrial organization. The book covers both classical as well as new IO topics such as mergers in markets with homogeneous and differentiated goods, leniency and coordinated effects in cartels and mergers, static and dynamic contests, consumer search and product safety, strategic delegation, platforms and network effects, auctions, environmental and resource economics, intellectual property, healthcare, corruption, experimental industrial organization and empirical models of R&D.

Fragile Networks

Fragile Networks PDF Author: Anna Nagurney
Publisher: John Wiley & Sons
ISBN: 9780470501122
Category : Mathematics
Languages : en
Pages : 344

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Book Description
A unified treatment of the vulnerabilities that exist in real-world network systems—with tools to identify synergies for mergers and acquisitions Fragile Networks: Identifying Vulnerabilities and Synergies in an Uncertain World presents a comprehensive study of network systems and the roles these systems play in our everyday lives. This book successfully conceptualizes, defines, and constructs mathematically rigorous, computer-based tools for the assessment of network performance and efficiency, along with robustness and vulnerability analysis. The result is a thorough exploration that promotes an understanding of the critical infrastructure of today's network systems, from congested urban transportation networks and supply chain networks under disruption to financial networks and the Internet. The authors approach the analyses by abstracting not only topological structures of networks, but also the behavior of network users, the demand for resources, the resulting flows, and the associated costs. Following an introduction to the fundamental methodologies and tools required for network analysis and network vulnerability, the book is organized into three self-contained parts: Part I—Network Fundamentals, Efficiency Measurement, and Vulnerability Analysis explores the theoretical and practical foundations for a new network efficiency measure in order to assess the importance of network components in various network systems. Methodologies for distinct decision-making behaviors are outlined, along with the tools for qualitative analysis, the algorithms for the computation of solutions, and a thorough discussion of the unified network efficient measure and network robustness with the unified measure. Part II—Applications and Extensions examines the efficiency changes and the associated cost increments after network components are eliminated or partially damaged. A discussion of the recently established connections between transportation networks and different critical networks is provided, which demonstrates how the new network measures and robustness indices can be applied to different supply chain, financial, and dynamic networks, including the Internet and electronic power networks. Part III—Mergers and Acquisitions, Network Integration, and Synergies reveals the connections between transportation networks and different network systems and quantifies the synergies associated with the network systems, from total cost reduction to environmental impact assessment. In the case of mergers and acquisitions, the focus is on supply chain networks. The authors outline a system-optimization perspective for supply chain networks and also formalize coalition formation using game theory with insights into the merger paradox. With its numerous network examples and real-world applications, Fragile Networks: Identifying Vulnerabilities and Synergies in an Uncertain World is an excellent book for courses in network science, transportation science, operations management, and financial networks at the upper-undergraduate and graduate levels. It is also a valuable reference for researchers and practitioners in the areas of applied mathematics, computer science, operations research, management science, finance, and economics, as well as industrial, systems, and civil engineering. Listen to Dr. Nagurney's podcast Supernetworks: Building Better Real and Virtual Highways at http://www.scienceofbetter.org/podcast/ .

Ibss: Economics: 1995

Ibss: Economics: 1995 PDF Author: Compiled by the British Library of Political and Economic Science at the London School of Economics
Publisher: Psychology Press
ISBN: 9780415152150
Category : Business & Economics
Languages : en
Pages : 680

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Book Description
The IBSS is the essential tool for librarians, university departments, research institutions and any public or private institutions whose work requires access to up-to-date and comprehensive knowledge of the social sciences.

Experimental Economics

Experimental Economics PDF Author: Nicolas Jacquemet
Publisher: Cambridge University Press
ISBN: 1108660495
Category : Business & Economics
Languages : en
Pages : 475

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Book Description
Over the past two decades, experimental economics has moved from a fringe activity to become a standard tool for empirical research. With experimental economics now regarded as part of the basic tool-kit for applied economics, this book demonstrates how controlled experiments can be a useful in providing evidence relevant to economic research. Professors Jacquemet and L'Haridon take the standard model in applied econometrics as a basis to the methodology of controlled experiments. Methodological discussions are illustrated with standard experimental results. This book provides future experimental practitioners with the means to construct experiments that fit their research question, and new comers with an understanding of the strengths and weaknesses of controlled experiments. Graduate students and academic researchers working in the field of experimental economics will be able to learn how to undertake, understand and criticise empirical research based on lab experiments, and refer to specific experiments, results or designs completed with case study applications.

A Model of Growth Through Creative Destruction

A Model of Growth Through Creative Destruction PDF Author: Philippe Aghion
Publisher: London : Department of Economics, University of Western Ontario
ISBN: 9780771411168
Category : Economic development
Languages : en
Pages : 0

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Book Description
This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both positive and normative implications for growth. In positive terms, the prospect of a high level of research in the future can deter research today by threatening the fruits of that research with rapid obsolescence. In normative terms, obsolescence creates a negative externality from innovations, and hence a tendency for laissez-faire economies to generate too many innovations, i.e too much growth. This "business-stealing" effect is partly compensated by the fact that innovations tend to be too small under laissez-faire. The model possesses a unique balanced growth equilibrium in which the log of GNP follows a random walk with drift. The size of the drift is the average growth rate of the economy and it is endogenous to the model ; in particular it depends on the size and likelihood of innovations resulting from research and also on the degree of market power available to an innovator.

Operations Research Proceedings 2010

Operations Research Proceedings 2010 PDF Author: Bo Hu
Publisher: Springer Science & Business Media
ISBN: 3642200095
Category : Business & Economics
Languages : en
Pages : 664

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Book Description
This book contains selected papers from the symposium "Operations Research 2010" which was held from September 1-3, 2010 at the "Universität der Bundeswehr München", Germany. The international conference, which also serves as the annual meeting of the German Operations Research Society (GOR), attracted more than 600 participants from more than thirty countries. The general theme "Mastering Complexity" focusses on a natural component of the globalization process. Financial markets, traffic systems, network topologies and, last but not least, energy resource management, all contain complex behaviour and economic interdependencies which necessitate a scientific solution. Operations Research is one of the key instruments to model, simulate and analyze such systems. In the process of developing optimal solutions, suitable heuristics and efficient procedures are some of the challenges which are discussed in this volume.