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Market Structure and Competition Policy
Game-Theoretic Approaches

$64.00 (Z)

Claude d'Aspremont, David Encaoua, Jean-Pierre Ponssard, Damien J. Neven, James W. Friedman, P. K. M. Tharakan, George Norman, Jacques-François Thisse, Massimo Motta, Jonathan H. Hamilton, Stephen Martin, Gianni de Fraja, André de Palma, Robert J. Gary-Bobo, Xavier Wauthy, Yves Zenou
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  • Date Published: August 2011
  • availability: Manufactured on demand: supplied direct from the printer
  • format: Paperback
  • isbn: 9781107403260

$64.00 (Z)
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About the Authors
  • 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 organization, 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.

    • Focuses on the interface between new modelling strategies of market structure and the design of efficient competition policy
    • Contains numerous and varied examples to illustrate
    • Considers the implications that arise for the formulation and implementation of anti-trust policy
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    Product details

    • Date Published: August 2011
    • format: Paperback
    • isbn: 9781107403260
    • length: 306 pages
    • dimensions: 229 x 152 x 17 mm
    • weight: 0.45kg
    • availability: Manufactured on demand: supplied direct from the printer
  • Table of Contents

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

  • Editors

    George Norman, Tufts University, Massachusetts

    Jacques-François Thisse, Université Catholique de Louvain, Belgium

    Contributors

    Claude d'Aspremont, David Encaoua, Jean-Pierre Ponssard, Damien J. Neven, James W. Friedman, P. K. M. Tharakan, George Norman, Jacques-François Thisse, Massimo Motta, Jonathan H. Hamilton, Stephen Martin, Gianni de Fraja, André de Palma, Robert J. Gary-Bobo, Xavier Wauthy, Yves Zenou

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