Market structure and competition policy : game theoretic approaches / / edited by George Norman and Jacques-Francois Thisse [[electronic resource]]

• Record Nr.: UNINA9910450057803321
• Pubbl/distr/stampa: Cambridge : , : Cambridge University Press, , 2000
• ISBN: 1-107-12093-4; 1-280-15479-9; 0-511-11880-5; 0-511-04103-9; 0-511-15323-6; 0-511-32512-6; 0-511-49257-X; 0-511-04643-X
• Descrizione fisica: 1 online resource (xii, 293 pages) : digital, PDF file(s)
• Disciplina: 338.6/048
• Soggetti: Competition - Government policy - Mathematical models; Industrial policy - Mathematical models; Game theory
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Title from publisher's bibliographic system (viewed on 05 Oct 2015).
• Nota di contenuto: Competition policy and game-theory : reflections based on the cement industry case / Claude d'Aspremont, David Encaoua and Jean-Pierre Ponssard -- Legal standards and economic analysis of collusion in EC competition policy / Damien J. Neven -- A guided tour of the Folk Theorem / James W. Friedman -- Predatory pricing and anti-dumping / P.K. Mathew Tharakan -- Should pricing policies be regulated when firms may tacitly collude? / George Norman and Jacques-François Thisse -- Tougher price competition or lower concentration : a trade-off for anti-trust authorities? / Claude d'Aspremont and Massimo Motta -- The strategic effects of supply guarantees : the raincheck game / Jonathan H. Hamilton -- Product market competition policy and technological performance / Stephen Martin -- On some issues in the ; theory of competition in regulated markets / Gianni De Fraja -- Modelling the entry and exit process in dynamic competition : an introduction to repeated-commitment models / Jean-Pierre Ponssard -- Coordination failures in the Cournot approach to deregulated bank competition / André de Palma and Robert J. Gary-Bobo -- How the adoption of a new technology is affected by the interaction between labour and product markets / Xavier Wauthy and Yves Zenou.
• Sommario/riassunto: This 2000 text 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. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.