Market structure and competition policy

Game-theoretic approaches

George Norman, Jacques-François Thisse

305 pages, parution le 15/11/2000

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Résumé

Market Structure and Competition Policy applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organisation, economists have developed a better understanding of how real world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.

L'auteur - Jacques-François Thisse

est professeur à l'Université catholique de Louvain. Il est internationalement reconnu pour ses travaux en organisation industrielle et en économie géographique. Il est le coauteur de Discrete Choice Theory of Product Differentiation avec S. Anderson et A. de Palma. Il a en outre publié plus de 150 articles dans des revues scientifiques en économie, mais aussi en géographie et en mathématiques appliquées. Les deux auteurs ont enseigné au Canada, aux États-Unis et en France. Ils ont été lauréats de plusieurs récompenses scientifiques. Ainsi, à l'occasion de son 50e anniversaire, en 2003, la Regional Science Association International les a élus en tant que Fellows.

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Sommaire

Introduction
Competition policy and game theory: reflection based on the cement industry case Claude d'Aspremont, David Encaoua and Jean-Pierre Ponssard
Legal standards and economic analysis of collusion in the EC competition policy Damien J. Neven
A guided tour of the folk theorem James W. Friedman
Predatory pricing and anti-dumping P. K. M. Tharakan
Should pricing policies be regulated when firms may tacitly collude? George Norman and Jacques-François Thisse
Tougher price competition or lower concentration: a trade-off for antitrust authorities? Claude d'Aspremont and Massimo Motta
The strategic effects of supply guarantees: the raincheck game Jonathan H. Hamilton
Product market competition policy and technological performance Stephen Martin
On some issues in the theory of competition in regulated markets Gianni de Fraja
Modelling the entry and exit process in dynamic competition: an introduction to repeated commitment models Jean-Pierre Ponssard
Coordination failures in the Cournot approach to deregulated bank competition André de Palma and Robert J. Gary-Bobo
How the adoption of a new technology is affected by the interaction between labor and product markets Xavier Wauthy and Yves Zenou.

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Cambridge University Press
Auteur(s)	George Norman, Jacques-François Thisse
Parution	15/11/2000
Nb. de pages	305
Format	16 x 23,5
Couverture	Broché
Poids	615g
Intérieur	Noir et Blanc
EAN13	9780521783330