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. Special emphasis is given to the game-theoretic approach to predation and to the reasons why this approach has never gained … of antitrust courts, in particular their preference for easy-to-apply rules. Therefore predation cases are still governed … by a peculiar alliance between Chicago-style price theory - which, contrary to game theory, considers predatory behavior …
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We explore the logic of predation and rules designed to prevent it in markets subject to network effects. Although, as …
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the prey's access to finance is not too limited. Furthermore, it is more likely that exclusive dealing is preferable … compared to predatory pricing the more market power the predator has with respect to the prey. …
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