Merger Analysis and the Treatment of Uncertainty: Should We Expect Better?

Life is uncertain. So is merger analysis. There is a well-developed set of tools to deal with decision making under uncertainty. Experience suggests that the federal antitrust agencies and the courts have yet to take full advantage of those tools. This chapter suggests ways that decision theory could be applied to merger analysis to improve enforcement and its impacts on consumer welfare.

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Year of publication:	2005-10-19
Authors:	Shelanski, Howard A ; Katz, Michael L.
Institutions:	Law, Economics and Institutions, Boalt School of Law

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Extent:	application/pdf
Series:	Berkeley Olin Program in Law & Economics, Working Paper Series.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Berkeley Program in Law and Economics, Working Paper Series
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010843078