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Persistent link: https://www.econbiz.de/10011443127
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...
Persistent link: https://www.econbiz.de/10013115642
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...
Persistent link: https://www.econbiz.de/10013103703
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...
Persistent link: https://www.econbiz.de/10012895751
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...
Persistent link: https://www.econbiz.de/10012897197
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...
Persistent link: https://www.econbiz.de/10013047557
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...
Persistent link: https://www.econbiz.de/10013215488
Persistent link: https://www.econbiz.de/10009419936
Der vorliegende Beitrag diskutiert die Schnittstelle zwischen Recht und Ökonomik in der Wettbewerbspolitik. Aus einer … Rahmen einer positiven Institutionenökonomik der Wettbewerbspolitik analysieren die Autoren informationsökonomische Aspekte … Kartellrechts diskutiert. Schließlich exploriert der Beitrag soziologische Aspekte der Wettbewerbspolitik, welche in der Literatur …
Persistent link: https://www.econbiz.de/10012062562
Der vorliegende Beitrag diskutiert die Schnittstelle zwischen Recht und Ökonomik in der Wettbewerbspolitik. Aus einer … Rahmen einer positiven Institutionenökonomik der Wettbewerbspolitik analysieren die Autoren informationsökonomische Aspekte … Kartellrechts diskutiert. Schließlich exploriert der Beitrag soziologische Aspekte der Wettbewerbspolitik, welche in der Literatur …
Persistent link: https://www.econbiz.de/10012035986