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The Chicago School of antitrust has benefitted from a great deal of law office history, written by admiring advocates rather than more dispassionate observers. This essay attempts a more neutral stance, looking at the ideology, political impulses, and economics that produced the Chicago School...
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The article is a contribution to the evolving field of competition research. More precisely our paper provides a comprehensive typology of the different ways competitization is and has been studied across different disciplines and research programs. The article goes beyond a classical literature...
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I. The Perception of Competition as a Dynamic Process -- II. Premises and Assumptions of the Chicago School’s Concept of Competition -- 1. Rationality and Autonomy of Economic Agents -- 2. Perfectly Competitive Markets -- 3. Workability of the Market Mechanism -- 4. Lang-run Effectiveness of...
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