Competition Policy

Name: Competition Policy
Brand: Cambridge University Press
SKU: 9780521498715
Price: 255.51 RON
Availability: InStock

A Game-Theoretic Perspective

Autor: Louis Phlips

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Editura: Cambridge University Press

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This book uses game theory to analyse anti-competitive behaviour among firms and to consider its imp...

Informații despre carte

Autor

Louis Phlips

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

1995

Pagini

292

EAN

9780521498715

ISBN

0521498716

Enbook ID

02032981

Editura

Cambridge University Press

Greutate

434

Dimensiuni

157 x 233 x 16

Descriere completă

This book uses game theory to analyse anti-competitive behaviour among firms and to consider its implications for competition policy. Part I focuses on 'explicit collusion': the author proves that 'four are few and six are many', and shows how cartels can be enforced under imperfect and incomplete information. Part II on 'tacit collusion' discusses the informational requirements of collusion detection in noncooperative repeated games. In Part III on 'semicollusion', excess capacity is shown to reinforce collusion. Part IV is devoted to the detection of predatory pricing. In this book, Louis Phlips applies the latest economic theory to a discussion of several European antitrust decisions and empirical studies. The presentation of case studies, combined with a clear exposition of the theory, will make this book invaluable to teachers and students of competition policy.

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Competition Policy

A Game-Theoretic Perspective

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