Economics Of Regulation And Antitrust

Author : W. Kip Viscusi,Joseph E. Harrington Jr.,John M. Vernon
Publisher : MIT Press
Page : 955 pages
File Size : 49,9 Mb
Release : 2005-08-19
Category : Business & Economics
ISBN : 9780262220750

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Economics of Regulation and Antitrust by W. Kip Viscusi,Joseph E. Harrington Jr.,John M. Vernon Pdf

A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodological advances; includes further coverage of the Microsoft antitrust case, the deregulation of telecommunications and electric power, and new environmental regulations. This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions. The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.

Author : W. Kip Viscusi,John M. Vernon,Joseph E. Harrington, Jr.
Publisher : MIT Press
Page : 955 pages
File Size : 44,7 Mb
Release : 2005-08-19
Category : Business & Economics
ISBN : 9780262287326

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Economics of Regulation and Antitrust, fourth edition by W. Kip Viscusi,John M. Vernon,Joseph E. Harrington, Jr. Pdf

A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodological advances; includes further coverage of the Microsoft antitrust case, the deregulation of telecommunications and electric power, and new environmental regulations. This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions. The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.

Author : Giles H. Burgess
Publisher : Addison Wesley Longman
Page : 520 pages
File Size : 43,8 Mb
Release : 1995
Category : Business & Economics
ISBN : UVA:X002602641

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The Economics of Regulation and Antitrust by Giles H. Burgess Pdf

Combining the economic analysis of regulation with a history of the politics of government control in the United States, The Economics of Regulation and Antitrust helps students understand how regulation has developed and continues to change, and how it affects economic and social welfare. Burgess aims to help students understand the role of regulation in a context where markets serve as the primary but not the sole agency for society in making resource allocations. The Economics of Regulation and Antitrust also places special emphasis on the economic efficiency of regulation.

Author : W. Kip Viscusi
Publisher : Unknown
Page : 128 pages
File Size : 55,5 Mb
Release : 2015
Category : Electronic
ISBN : OCLC:1333721084

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Economics of Regulation and Antitrust by W. Kip Viscusi Pdf

Author : Anonim
Publisher : Unknown
Page : 890 pages
File Size : 46,8 Mb
Release : 1995
Category : Electronic
ISBN : OCLC:912057542

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Economics of Regulation and Antitrust by Anonim Pdf

Author : Michael D. Whinston
Publisher : MIT Press
Page : 265 pages
File Size : 48,9 Mb
Release : 2008-01-25
Category : Business & Economics
ISBN : 9780262731874

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Lectures on Antitrust Economics by Michael D. Whinston Pdf

Antitrust law regulates economic activity but differs in its operation from what is traditionally considered "regulation." Where regulation is often industry-specific and involves the direct setting of prices, product characteristics, or entry, antitrust law focuses more broadly on maintaining certain basic rules of competition. In these lectures Michael Whinston offers an accessible and lucid account of the economics behind antitrust law, looking at some of the most recent developments in antitrust economics and highlighting areas that require further research. He focuses on three areas: price fixing, in which competitors agree to restrict output or raise price; horizontal mergers, in which competitors agree to merge their operations; and exclusionary vertical contracts, in which a competitor seeks to exclude a rival. Antitrust commentators widely regard the prohibition on price fixing as the most settled and economically sound area of antitrust. Whinston's discussion seeks to unsettle this view, suggesting that some fundamental issues in this area are, in fact, not well understood. In his discussion of horizontal mergers, Whinston describes the substantial advances in recent theoretical and empirical work and suggests fruitful directions for further research. The complex area of exclusionary vertical contracts is perhaps the most controversial in antitrust. The influential "Chicago School" cast doubt on arguments that vertical contracts could be profitably used to exclude rivals. Recent theoretical work, to which Whinston has made important contributions, instead shows that such contracts can be profitable tools for exclusion. Whinston's discussion sheds light on the controversy in this area and the nature of those recent theoretical contributions. Sponsored by the Universidad Torcuato Di Tella

Author : Pierre A. Buigues,Patrick Rey
Publisher : Edward Elgar Publishing
Page : 496 pages
File Size : 41,7 Mb
Release : 2004-01-01
Category : Technology & Engineering
ISBN : 184376976X

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The Economics of Antitrust and Regulation in Telecommunications by Pierre A. Buigues,Patrick Rey Pdf

Contributing to a convergence of legal and economic approaches, The Economics of Antitrust and Regulation in Telecommunications integrates economic theory into current EU antitrust policy within the sector. The book addresses the role of competition and regulatory policies on a number of key issues in telecommunications, such as market definition, collective dominance, access to networks, and allocation of scarce resources.

Author : Christopher Decker
Publisher : Cambridge University Press
Page : 780 pages
File Size : 49,5 Mb
Release : 2023-06-08
Category : Business & Economics
ISBN : 9781009092555

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Modern Economic Regulation by Christopher Decker Pdf

Economic regulation affects us all, shaping how we access essential services such as water, energy and transport, as well as how we communicate with one another in the digital world. Modern Economic Regulation describes the core insights of economic theory on which regulatory policies are based and connects this with evidence of how regulation is applied. It focuses on fundamental questions such as: why are certain industries regulated? What principles can inform regulation? How is regulation implemented? Which regulatory policies have been more, or less, effective in practice? All chapters in this second edition are fully updated to reflect the latest research and evidence, while five new chapters cover behavioural economics and the regulation of rail, aviation, payment systems and digital platforms. Each chapter contains discussion questions and topical case studies, and online materials include over 60 applied exercises that explore real-life regulatory problems from around the world.

Author : W. Kip Viscusi,Joseph E. Harrington,John M. Vermon
Publisher : Unknown
Page : 890 pages
File Size : 44,6 Mb
Release : 1995
Category : Electronic
ISBN : OCLC:880990025

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Economics of Regulation and Antitrust by W. Kip Viscusi,Joseph E. Harrington,John M. Vermon Pdf

Author : Nancy L. Rose
Publisher : University of Chicago Press
Page : 704 pages
File Size : 43,9 Mb
Release : 2014-08-29
Category : Business & Economics
ISBN : 9780226138169

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Economic Regulation and Its Reform by Nancy L. Rose Pdf

The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Author : David L. Kaserman,John William Mayo
Publisher : Harcourt Brace College Publishers
Page : 664 pages
File Size : 43,7 Mb
Release : 1995
Category : Business & Economics
ISBN : UOM:39015027299877

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Government and Business by David L. Kaserman,John William Mayo Pdf

Author : Marc Allen Eisner
Publisher : UNC Press Books
Page : 334 pages
File Size : 41,7 Mb
Release : 1991
Category : Business & Economics
ISBN : 0807819557

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Antitrust and the Triumph of Economics by Marc Allen Eisner Pdf

Eisner contends that Reagan's economic agenda, reinforced by limited prosecution of antitrust offenses, was an extension of well established trends. During the 1960s and 1970s, critical shifts in economic theory within the academic community were transmitted to the Antitrust Division and the FTC--shifts that were conservative and gave Reagan a background against which to operate. Annotation(c) 2003 Book News, Inc., Portland, OR (booknews.com)

Author : Klaus Mathis,Avishalom Tor
Publisher : Springer Nature
Page : 327 pages
File Size : 40,7 Mb
Release : 2021-04-24
Category : Law
ISBN : 9783030705305

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Law and Economics of Regulation by Klaus Mathis,Avishalom Tor Pdf

This book explores current issues regarding the regulation of various economic sectors, theoretically and empirically, discussing both neoclassical and behavioural economics approaches to regulation. Regulation has become one of the main determinants of modern economies, and virtually every sector is subject to general laws and regulations as well as specific rules and standards. A traditional argument to justify regulatory interventions is the promotion of public interests. Fixing markets that lack competition, balancing information asymmetries, internalising externalities, mitigating systemic risks, and protecting consumers from irrational behaviour are frequently invoked to complement the invisible hand of the market with the visible hand of the state.However, regulations can lead to unintended consequences, and serve the interests of powerful private interest groups rather than the public interest and social welfare. In addition, new insights from behavioural economics question the traditional regulatory approaches, most prominently in attitudes towards consumers. Furthermore, digitalisation and technological innovation in general present new challenges in terms of both the type of regulation and the regulatory process.Part I of this book discusses various theoretical approaches to the economic analysis of regulations, while Part II looks at specific applications of the law and economics of regulation.

Author : Jonathan B. Baker
Publisher : Harvard University Press
Page : 369 pages
File Size : 51,6 Mb
Release : 2019-05-06
Category : Law
ISBN : 9780674975781

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The Antitrust Paradigm by Jonathan B. Baker Pdf

At a time when tech giants have amassed vast market power, Jonathan Baker shows how laws and regulations can be updated to ensure more competition. The sooner courts and antitrust enforcement agencies stop listening to the Chicago school and start paying attention to modern economics, the sooner Americans will reap the benefits of competition.

Author : Diana L. Moss
Publisher : Routledge
Page : 298 pages
File Size : 42,8 Mb
Release : 2005-03-04
Category : Business & Economics
ISBN : 9781135994228

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Network Access, Regulation and Antitrust by Diana L. Moss Pdf

The rapid growth of network industries has generated much comment amongst academics and policy makers. This timely volume takes an interdisciplinary, case study-based approach to examining network issues and experiences in order to develop recommendations that can inform antitrust, regulatory and legislative policy. Legal, economic, political and institutional aspects of network access are analyzed. The first part of the volume focuses on five topics that are central to reasoned analysis of the access problem. The second part presents ten case studies of network access in the energy, transportation, telecommunications, internet and banking industries. The volume concludes with comparisons and contrasts across the cases and policy recommendations. Network Access, Regulation and Antitrust will prove invaluable to students of business, economics, law and economics and industrial economics, policy makers and academics working in the field.