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.
یادداشتهای مربوط به نیازمندی های سیستم (منابع الکترونیک)و جزئیات فنی
متن يادداشت
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
یادداشتهای مربوط به سفارشات
منبع سفارش / آدرس اشتراک
MIT Press
منبع سفارش / آدرس اشتراک
MIT Press
شماره انبار
4185
شماره انبار
9780262286046
ویراست دیگر از اثر در قالب دیگر رسانه
عنوان
Lectures on antitrust economics.
شماره استاندارد بين المللي کتاب و موسيقي
0262232561
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
Antitrust law-- Economic aspects-- United States.
موضوع مستند نشده
Antitrust law-- Economic aspects.
موضوع مستند نشده
Antitrustpolitik
موضوع مستند نشده
Antitrustrecht
موضوع مستند نشده
BUSINESS & ECONOMICS-- Industries-- General.
موضوع مستند نشده
Wettbewerbspolitik
موضوع مستند نشده
Wirtschaftstheorie
نام جغرافیایی به منزله موضوع
موضوع مستند نشده
United States.
بدون عنوان
7
مقوله موضوعی
موضوع مستند نشده
BUS-- 070000
رده بندی ديویی
شماره
338
.
8/20973
ويراست
22
رده بندی کنگره
شماره رده
HD2758
.
5
نشانه اثر
.
W45
2006eb
سایر رده بندی ها
شماره رده
83
.
32
شماره رده
83
.
32
.
شماره رده
PU
5450
شماره رده
QC
133
شماره رده
QR
300
کد سيستم
bcl
کد سيستم
bcl
کد سيستم
rvk
کد سيستم
rvk
کد سيستم
rvk
نام شخص به منزله سر شناسه - (مسئولیت معنوی درجه اول )