Dissatisfied with the mainstream antitrust jurisprudence that has emerged over the past several decades and garnered widespread consensus, and encouraged by the momentum the financial crisis has generated for intervention, competition policy scholars and regulators have turned to behavioral...

Behavioral economics is now mainstream. It is also timely. The financial crisis raised important issues of market failure, weak regulation, moral hazard, and our lack of understanding about how many markets actually operate.As behavioral economics (with its more realistic assumptions of human...

Behavioral antitrust has proved to have staying power, with continued attention as an area of scholarly inquiry now two decades after the foundational work in behavioral law and economics was published. This short article revisits the origin and meaning of behavioral antitrust and highlights a...

The accepted economic foundation of antitrust law is straightforward: The neoclassical market model shows that perfect competition among firms maximizes productive and allocative efficiencies and social welfare. This model rests on several assumptions, including — as in neoclassical economics...

This article argues that the models and lessons learned from evolutionary biology can provide fresh and useful insights regarding structural and behavioral economic competition and antitrust policy. Using an evolutionary biology perspective, this article contends that large economic...

Over the past three decades, the international competition policy and law community has been affected and dramatically altered by two parallel developments: (i) the significant expansion in the number of developing, transition and emerging market economies with modern competition policies and...

The new paradigm introduced by behavioral studies changes the traditional approach on the incitement to break the law. This paper aims to examine the relevance of a deterrent system based not on the rational choice theory, but on behavioural theory