Regulation Misled by Misread Theory - 9780844713908
Un libro in lingua di Baumol William J. edito da Aei Pr, 2006
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Regulation Misled by Misread Theory changes how we think about economics. Standard economics has long held that firms can price discriminate only when they have monopoly power. Antitrust authorities and other regulators are thus tempted to use the existence of price discrimination as one indicator that a firm should possibly be subject to government investigation. In this monograph Professor Baumol shows that price discrimination not only exists in competitive markets but sometimes is a crucial feature of them. Baumol concludes by urging regulators to tread carefully when applying theory to policy.
Informazioni bibliografiche
- Titolo del Libro in lingua: Regulation Misled by Misread Theory
- Sottotitolo: Perfect Competition And Competition-Imposed Price Discrimination
- Lingua: English
- Autore: Baumol William J.
- Editore: Aei Pr
- Collana: Aei Pr (Paperback)
- Data di Pubblicazione: 31 Marzo '06
- Genere: BUSINESS and ECONOMICS
- Argomenti : Price discrimination Competition Antitrust law
- Pagine: 41
- Dimensioni mm: 209 x 133 x 6
- ISBN-10: 0844713902
- EAN-13: 9780844713908