Market Structure and Competition Policy Game Theoretic Approaches 1st Edition by George Norman, Jacques François Thisse ISBN 110740326X 9781107403260

Market Structure and Competition Policy: Game-Theoretic Approaches 1st Edition by George Norman, Jacques-François Thisse – Ebook PDF Instant Download/Delivery: 110740326X, 978-1107403260

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Product details:

ISBN 10: 110740326X

ISBN 13: 978-1107403260

Author:  George Norman, Jacques-François Thisse 

Market Structure and Competition Policy: Game-Theoretic Approaches 1st Edition: This 2000 text 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. 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.

 

Market Structure and Competition Policy: Game-Theoretic Approaches 1st Edition Table of contents:

Part I: Foundations of Market Structure and Competition

• Introduction to market structure and game theory
• Oligopoly models and strategic interactions
• Entry deterrence and barriers to entry
• Price competition and product differentiation

Part II: Strategic Behavior and Market Power

• Predatory pricing and exclusionary strategies
• Collusion and cartel stability
• Vertical restraints and foreclosure
• Mergers and acquisitions: competitive effects

Part III: Regulation and Competition Policy

• Antitrust laws and enforcement strategies
• Auction theory and market design
• Dynamic competition and innovation
• Case studies in competition policy

 

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