The Market Concentration Doctrine

The Market Concentration Doctrine PDF Author: Harold Demsetz
Publisher: Washington : American Enterprise Institute for Public Policy Research
ISBN:
Category : Business & Economics
Languages : en
Pages : 48

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Book Description

The Market Concentration Doctrine

The Market Concentration Doctrine PDF Author: Harold Demsetz
Publisher: Washington : American Enterprise Institute for Public Policy Research
ISBN:
Category : Business & Economics
Languages : en
Pages : 48

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Book Description


The Great Reversal

The Great Reversal PDF Author: Thomas Philippon
Publisher: Belknap Press
ISBN: 0674237544
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient markets, leading to higher prices and lower wages.

The Antitrust Paradox

The Antitrust Paradox PDF Author: Robert Bork
Publisher:
ISBN: 9781736089712
Category :
Languages : en
Pages : 536

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Book Description
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

Concentration and Price-cost Margins in Manufacturing Industries

Concentration and Price-cost Margins in Manufacturing Industries PDF Author: Norman R. Collins
Publisher: Univ of California Press
ISBN: 9780520002548
Category : Business & Economics
Languages : en
Pages : 184

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Sunk Costs and Market Structure

Sunk Costs and Market Structure PDF Author: John Sutton
Publisher: MIT Press
ISBN: 9780262193054
Category : Business & Economics
Languages : en
Pages : 600

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Book Description
Sunk Costs and Market Structure bridges the gap between the new generation of game theoretic models that has dominated the industrial organization literature over the past ten years and the traditional empirical agenda of the subject as embodied in the structure-conduct-performance paradigm developed by Joe S. Bain and his successors.

Concentration in Modern Industry

Concentration in Modern Industry PDF Author: Leslie Hannah
Publisher: Springer
ISBN: 1349027731
Category : Business & Economics
Languages : en
Pages : 156

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Industrial Concentration

Industrial Concentration PDF Author: Harvey J. Goldschmid
Publisher: Little Brown
ISBN:
Category : Antitrust law
Languages : en
Pages : 496

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Concentration and Price

Concentration and Price PDF Author: Leonard W. Weiss
Publisher: MIT Press (MA)
ISBN: 9780262231435
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
Does seller concentration in a market raise prices? Many attempts have been made to test this classic hypothesis of oligopoly theory, none of them convincing. Leonard Weiss and his colleagues have devised and applied a systematic set of direct tests of the concentration price hypothesis. In an innovative series of empirical studies, they examine the effect of concentration on price for the same item sold in markets that vary because of space, time, or transaction. They conclude that concentration does indeed tend to raise price. Studies in the book's first part test specific aspects of the concentration price hypothesis. These include a case study of Portland cement deregulated fares, the relation between change in price and change in concentration in the US and in the EEC, the effect of the numbers of bidders in auctions, and the effects of concentration on wages. The book's second part brings together for the first time previously published and widely scattered studies of the concentration price relationship in advertising media, retailing, the railroads, livestock purchasing, and banking. Viewed together, they provide powerful support for the role of concentration in determining price. Leonard W. Weiss is Professor of Economics at the University of Wisconsin, Madison.P>

Industrial Organization

Industrial Organization PDF Author: Don E. Waldman
Publisher: Routledge
ISBN: 1315510529
Category : Business & Economics
Languages : en
Pages : 758

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Book Description
Written solely for the undergraduate audience, Industrial Organization: Theory and Practice, which features early coverage of Antitrust, punctuates its modern introduction to industrial organization with relevant empirical data and case studies to show students how to apply theoretical tools.

Innovation Matters

Innovation Matters PDF Author: Richard J. Gilbert
Publisher: MIT Press
ISBN: 0262545799
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters. Gilbert considers both theory and available empirical evidence on the relationships among market structure, firm behavior, and the production of new products and services. He reviews the distinctive features of the high-tech economy and why current analytical tools used by antitrust enforcers aren't up to the task of assessing innovation concerns. He considers, from the perspective of innovation competition, Kenneth Arrow's “replacement effect” and the Schumpeterian theory of market power and appropriation; discusses the effect of mergers on innovation and future price competition; and reviews the empirical literature on competition, mergers, and innovation. He describes examples of merger enforcement by US and European antitrust agencies; examines cases brought against Microsoft and Google; and discusses the risks and benefits of interoperability standards. Finally, he offers recommendations for competition policy. The open access edition of this book was made possible by generous funding from Arcadia – a charitable fund of Lisbet Rausing and Peter Baldwin.