Economics of Regulation and Antitrust

Author: W. Kip Viscusi,Joseph E. Harrington,John M. Vernon

Publisher: MIT Press

ISBN: 026222075X

Category: Business & Economics

Page: 927

View: 6118

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.
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Economics of Regulation and Antitrust

Author: W. Kip Viscusi,Joseph Emmett Harrington,David E. M. Sappington

Publisher: Mit Press

ISBN: 9780262038065

Category: Business & Economics

Page: 1000

View: 3784

A thoroughly revised and updated edition of the leading textbook on government and business policy, presenting the key principles underlying sound regulatory and antitrust policy. Regulation and antitrust are key elements of government policy. This new edition of the leading textbook on government and business policy explains how the latest theoretical and empirical economic tools can be employed to analyze pressing regulatory and antitrust issues. The book departs from the common emphasis on institutions, focusing instead on the relevant underlying economic issues, using state-of-the-art analysis to assess the appropriate design of regulatory and antitrust policy. Extensive case studies illustrate fundamental principles and provide insight on key issues in regulation and antitrust policy. This fifth edition has been thoroughly revised and updated, reflecting both the latest developments in economic analysis and recent economic events. The text examines regulatory practices through the end of the Obama and beginning of the Trump administrations. New material includes coverage of global competition and the activities of the European Commission; recent mergers, including Comcast-NBC Universal; antitrust in the new economy, including investigations into Microsoft and Google; the financial crisis of 2007-2008 and the Dodd-Frank Act; the FDA approval process; climate change policies; and behavioral economics as a tool for designing regulatory strategies.
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Economics of Regulation and Antitrust

Author: W. Kip Viscusi,John M. Vernon,Joseph E. Harrington

Publisher: MIT Press

ISBN: 0262287323

Category: Business & Economics

Page: 960

View: 8698

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.
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Competition Policy

Theory and Practice

Author: Massimo Motta

Publisher: Cambridge University Press

ISBN: 9780521016919

Category: Business & Economics

Page: 616

View: 3265

The first book offering a systematic treatment of the economics of antitrust or competition policy.
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New Perspectives on Regulation

Author: David A. Moss,John Cisternino

Publisher: The Tobin Project

ISBN: 0982478801

Category: Business & Economics

Page: 166

View: 6467

As an experiment in reconnecting academia to the broader democracy, this work is designed to invigorate public policy debate by rededicating academic work to the pursuit of solutions to society's great problems.
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Antitrust Law and Economics

Author: Keith N. Hylton

Publisher: Edward Elgar Publishing

ISBN: 1849805288

Category: Law

Page: 298

View: 8526

In this outstanding new book Professor Keith Hylton and his collaborators examine what antitrust law has become over the past ten years, a time in which economic analysis has become its undisputed core. What has become of the old antitrust doctrine, what are the new issues for the immediate future? This book brings together the leading experts to examine this silent revolution at the core of US domestic policy. Mark Grady, UCLA School of Law, US Hylton s Antitrust Law and Economics brings together many of the best authors writing in antitrust today. Their essays range widely, covering proof of agreement under the Sherman Act, group boycotts, monopolization and essential facilities, tying and other vertical restraints, and merger policy. The writing is clear, accessible but still technically sophisticated and comprehensive. This book represents the best in contemporary antitrust scholarship, by authors who understand and are able to communicate the centrality of economic analysis to antitrust. No antitrust lawyer, serious antitrust student, or antitrust economist should be without this book. Herbert Hovenkamp, University of Iowa College of Law, US This comprehensive book provides an extensive overview of the major topics of antitrust law from an economic perspective. Its in-depth treatment and analysis of both the law and economics of antitrust is presented via a collection of interconnected original essays. The contributing authors are among the most influential scholars in antitrust, with a rich diversity of backgrounds. Their entries cover, amongst other issues, predatory pricing, essential facilities, tying, vertical restraints, enforcement, mergers, market power, monopolization standards, and facilitating practices. This well-organized and substantial work will be invaluable to professors of American antitrust law and European competition law, as well as students specializing in competition law. It will also be an important reference for professors and graduate students of economics and business.
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Lectures on Antitrust Economics

Author: Michael Dennis Whinston

Publisher: MIT Press (MA)

ISBN: 9780262731874

Category: Business & Economics

Page: 249

View: 732

An account of the economics behind antitrust law, discussing recent developments in the areas of price fixing, horizontal mergers, and exclusionary vertical contracts.
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Markets and the Environment, Second Edition

Author: Nathaniel O. Keohane,Sheila M. Olmstead

Publisher: Island Press

ISBN: 1610916077

Category: Business & Economics

Page: 327

View: 1867

"A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. ... Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments .... The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon."--Publisher's web site.
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Antitrust Economics

Author: Roger D. Blair,David L. Kaserman

Publisher: Oxford University Press, USA

ISBN: N.A

Category: Law

Page: 481

View: 9508

This book provides a thorough treatment of the economic theory that guides and motivates the design and enforcement of American antitrust laws. Along with a comprehensive analysis of both horizontal and vertical antitrust issues, economic theory is used to evaluate antitrust policy through the examination of relevant legislation and landmark cases. Theory is discussed through its relation to policy issues, and in turn, the role of theory in the development of new policy is examined.
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How to Spend $50 Billion to Make the World a Better Place

Author: Bjørn Lomborg

Publisher: Cambridge University Press

ISBN: 1139457209

Category: Business & Economics

Page: N.A

View: 5620

Edited by Bjørn Lomborg, this abridged version of the highly acclaimed Global Crises, Global Solutions provides a serious yet accessible springboard for debate and discussion on the world's most serious problems, and what we can do to solve them. In a world fraught with problems and challenges, we need to gauge how to achieve the greatest good with our money. This unique book provides a rich set of dialogs examining ten of the most serious challenges facing the world today: climate change, the spread of communicable diseases, conflicts and arms proliferation, access to education, financial instability, governance and corruption, malnutrition and hunger, migration, sanitation and access to clean water, and subsidies and trade barriers. Each problem is introduced by a world-renowned expert who defines the scale of the issue and examines a range of policy options.
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Regulation of the Power Sector

Author: Ignacio J. Pérez-Arriaga

Publisher: Springer Science & Business Media

ISBN: 1447150341

Category: Business & Economics

Page: 728

View: 1798

Regulation of the Power Sector is a unified, consistent and comprehensive treatment of the theories and practicalities of regulation in modern power-supply systems. The need for generation to occur at the time of use occasioned by the impracticality of large-scale electricity storage coupled with constant and often unpredictable changes in demand make electricity-supply systems large, dynamic and complex and their regulation a daunting task. Arranged in four parts, this book addresses both traditional regulatory frameworks and also liberalized and re-regulated environments. First, an introduction gives a full characterization of power supply including engineering, economic and regulatory viewpoints. The second part presents the fundamentals of regulation and the third looks at the regulation of particular components of the power sector in detail. Advanced topics and subjects still open or subject to dispute form the content of Part IV. In a sector where regulatory design is the key driver of both the industry efficiency and the returns on investment, Regulation of the Power Sector is directed at regulators, policy decision makers, business managers and researchers. It is a pragmatic text, well-tested by the authors’ quarter-century of experience of power systems from around the world. Power system professionals and students at all levels will derive much benefit from the authors’ wealth of blended theory and real-world-derived know-how.
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Modern Economic Regulation

An Introduction to Theory and Practice

Author: Christopher Decker

Publisher: Cambridge University Press

ISBN: 1107024234

Category: Business & Economics

Page: 487

View: 3548

This book synthesises the vast literature on economic regulation into a coherent overview of regulatory theory and practice.
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Living in a Technological Culture

Human Tools and Human Values

Author: Hans Oberdiek,Mary Tiles

Publisher: Routledge

ISBN: 1134911165

Category: Philosophy

Page: 224

View: 5709

Technology is no longer confined to the laboratory but has become an established part of our daily lives. Its sophistication offers us power beyond our human capacity which can either dazzle or threaten; it depends who is in control. Living in a Technological Culture challenges traditionally held assumptions about the relationship between `man-and-machine'. It argues that contemporary science does not shape technology but is shaped by it. Neither discipline exists in a moral vacuum, both are determined by politics rather than scientific inquiry. By questioning our existing uses of technology, this book opens up wider debate on the shape of things to come and whether we should be trying to change them now. As an introduction to the philosophy of technology this will be valuable to students, but will be equally engaging for the general reader.
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The Theory of Collusion and Competition Policy

Author: Joseph E. Harrington

Publisher: MIT Press

ISBN: 0262036932

Category: Business & Economics

Page: 144

View: 7514

Introduction -- Game-theoretic modelling issues -- Impact of competition policy on collusion -- Optimal competition policy -- Some areas for future research
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Introduction to Industrial Organization

Author: Luís M. B. Cabral

Publisher: MIT Press

ISBN: 9780262032865

Category: Business & Economics

Page: 354

View: 2400

Since the 1980s, the study of industrial organization - the analysis of imperfectly competitive markets - has grown substantially. Using examples from both within and outside the United States, this book provides an introduction to industrial organization.
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Industrial Organization

Contemporary Theory and Empirical Applications

Author: Lynne Pepall,Dan Richards,George Norman

Publisher: Wiley

ISBN: 9781118250303

Category: Business & Economics

Page: 720

View: 328

Pepall's Industrial Organization offers an accessible text in which topics are organized in a manner that motivates and facilitates progression from one chapter to the next. It serves as a complete, but concise, introduction to modern industrial economics. The text uniquely uses the tools of game theory, information economics, contracting issues, and practical examples to examine multiple facets of industrial organization. The fifth edition is more broadly accessible, balancing the tension between making modern industrial analysis accessible while also presenting the formal abstract modeling that gives the analysis its power. The more overtly mathematical content is presented in the Contemporary Industrial Organization text (aimed at the top tier universities) while this Fifth Edition will less mathematical (aimed at a wider range of four-year colleges and state universities.
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The Oxford Handbook of Regulation

Author: Robert Baldwin,Martin Cave,Martin Lodge

Publisher: OUP Oxford

ISBN: 019162943X

Category: Business & Economics

Page: 680

View: 2538

Regulation is often thought of as an activity that restricts behaviour and prevents the occurrence of certain undesirable activities, but the influence of regulation can also be enabling or facilitative, as when a market could potentially be chaotic if uncontrolled. This Handbook provides a clear and authoritative discussion of the major trends and issues in regulation over the last thirty years, together with an outline of prospective developments. It brings together contributions from leading scholars from a range of disciplines and countries. Each chapter offers a broad overview of key current issues and provides an analysis of different perspectives on those issues. Experiences in different jurisdictions and insights from various disciplines are drawn upon, and particular attention is paid to the challenges that are encountered when specific approaches are applied in practice. Contributors develop their own distinctive arguments relating to the central issues in regulation and apply scholarly rigour and clear writing to matters of high policy-relevance. The essays are original, accessible, and agenda-setting, and the Handbook will be essential reading both to students and researchers and to with regulatory and regulated professionals.
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The Economics of Regulation and Antitrust

Author: Giles H. Burgess

Publisher: Addison-Wesley

ISBN: N.A

Category: Business & Economics

Page: 484

View: 3691

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.
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The Antitrust Revolution

Economics, Competition, and Policy

Author: John E. Kwoka

Publisher: Oxford University Press, USA

ISBN: 9780190668839

Category: Business & Economics

Page: 560

View: 1484

Revised edition of The antitrust revolution, [2014]
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The Economics of Industrial Organization

Fifth Edition

Author: William G. Shepherd,Joanna M. Shepherd

Publisher: Waveland Press

ISBN: 1478610204

Category: Business & Economics

Page: 426

View: 9364

The study of industrial organization extends to the core of some of the most important questions of economics: Who controls markets and profits from them? Does competition or monopoly result in a more beneficial economy? How can the economic playing field become fairer or more biased in either direction? Throughout the fields history, various clashing schools of thought have attempted to sort through these complex issues, examining both abstract theory and real-life cases. The Fifth Edition of this widely used, highly regarded text includes coverage of dramatic changes in the field. Shepherd and Shepherd provide broad, balanced coverage of topics without showing preference to any single point of view, encouraging readers to think independently. This emphasis on independent judgment is evident throughout the book, with discussion of structure placed before performance to assist the reader in thinking about causation. Topics are organized for maximum flexibility, with distinct chapters covering case studies, antitrust and regulation policy, and capital markets.
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