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

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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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Regulation, Institutions, and the Law

Author: Jaivir Singh

Publisher: Berghahn Books

ISBN: 9788187358282

Category: Law

Page: 242

View: 7523

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A Large Body Of Standard Literature On Regulation Has Grown Organically In Response To The Markets In The United States And Western Europe. The Twelve Papers In Regulation, Institutions And The Law Try To Understand The Specific Context Within Which Regulation Has Unfolded In A Country Like India, Which Is Different In Many Ways From That Of The United States And Western Europe. The Volume Also Dwells On How These Regulatory Issues Flow Across National Boundaries And Affect The International Arena In This Age Of Globalization. Jaivir Singh Teaches At The Centre For The Study Of Law And Governance, Jawaharlal Nehru University, New Delhi. He Has Published Articles On The Economics Of Labour Law, Competition Policy, Regulation, Legal Procedure, Judicial Activism And Separation Of Powers, And Is The Author Of 'Central Government Policies: Interface With Competition Policy Objectives' In Pradeep S. Mehta Ed., Towards A Functional Competition Policy For India (Jaipur: Cuts International 2005).
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The Oxford Handbook of International Antitrust Economics

Author: Roger D. Blair,D. Daniel Sokol

Publisher: Oxford University Press

ISBN: 019938861X

Category: Business & Economics

Page: 448

View: 7085

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More than any other area of regulation, antitrust economics shapes law and policy in the United States, the Americas, Europe, and Asia. In a number of different areas of antitrust, advances in theory and empirical work have caused a fundamental reevaluation and shift of some of the assumptions behind antitrust policy. This reevaluation has profound implications for the future of the field. The Oxford Handbook of International Antitrust Economics has collected chapters from many of the leading figures in antitrust. In doing so, this two volume Handbook provides an important reference guide for scholars, teachers, and practitioners. However, it is more than a merely reference guide. Rather, it has a number of different goals. First, it takes stock of the current state of scholarship across a number of different antitrust topics. In doing so, it relies primarily upon the economics scholarship. In some situations, though, there is also coverage of legal scholarship, case law developments, and legal policies. The second goal of the Handbook is to provide some ideas about future directions of antitrust scholarship and policy. Antitrust economics has evolved over the last 60 years. It has both shaped policy and been shaped by policy. The Oxford Handbook of International Antitrust Economics will serve as a policy and research guide of next steps to consider when shaping the future of the field of antitrust.
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21st Century Economics: A Reference Handbook

Author: Rhona C. Free

Publisher: SAGE

ISBN: 1412961424

Category: Business & Economics

Page: 1000

View: 304

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Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Americans are debating the proper role of the government in company bailouts, the effectiveness of tax cuts versus increased government spending to stimulate the economy, and potential effects of deflation. Economists have dealt with such questions for generations, but they have taken on new meaning and significance. Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is intended to meet the needs of several types of readers. Undergraduate students preparing for exams will find summaries of theory and models in key areas of micro and macroeconomics. Readers interested in learning about economic analysis of an issue as well students embarking on research projects will find introductions to relevant theory and empirical evidence. And economists seeking to learn about extensions of analysis into new areas or about new approaches will benefit from chapters that introduce cutting-edge topics. To make the book accessible to undergraduate students, models have been presented only in graphical format (minimal calculus) and empirical evidence has been summarized in ways that do not require much background in statistics or econometrics. It is thereby hoped that chapters will provide both crucial information and inspiration in a non-threatening, highly readable format.
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Dictionary of Industrial Organization

Author: George Norman,Darlene C Chisholm

Publisher: Edward Elgar Publishing

ISBN: 1783471980

Category: Business & Economics

Page: 352

View: 6282

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The Dictionary balances concise explanation with comprehensive coverage, incorporating concepts such as the structure-conduct-performance paradigm, the development of the theory of the firm, the foundational contributions of game theory and models of s
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Government failure versus market failure

microeconomics policy research and government performance

Author: Clifford Winston

Publisher: Brookings Institution Press

ISBN: N.A

Category: Business & Economics

Page: 130

View: 4623

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"I conclude that scholarly research has consistently found substantial failure in government's efforts to correct market failures and that neither failure is often corrected in an appropriate manner. But the situation is not insolvable because policy-makers have shown some capacity to learn. The common problem with market failure policies has suggested a common solution calling for policies that rely on a market-oriented framework. I sincerely hope the economics profession and the policy community will build on the scholarship that underlies these conclusions with the ambitious aim of opening the door to greater wisdom." From the Conclusion Book jacket.
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Competition Law and Economic Regulation

Author: Niamh Dunne

Publisher: Cambridge University Press

ISBN: 1107070562

Category: Law

Page: 392

View: 6518

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A nuanced assessment of the relationship between competition law and economic regulation, focusing on substantive and policy-oriented concerns.
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Industrial Organization

Theory and Practice

Author: Don E. Waldman,Elizabeth Jane Jensen

Publisher: Addison-Wesley

ISBN: N.A

Category: Business & Economics

Page: 712

View: 5591

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Written solely for the undergraduate audience, this streamlined Third Edition of Industrial Organization: Theory and Practice——which features early coverage of Antitrust——punctuates its modern introduction to industrial organization with relevant empirical data and case studies to show students how to apply theoretical tools.
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The Oxford Handbook of Economic and Institutional Transparency

Author: Jens Forssbaeck,Lars Oxelheim

Publisher: Oxford University Press

ISBN: 0199394830

Category: Political Science

Page: 624

View: 432

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In recent years, the term 'transparency' has emerged as one of the most popular and keenly-touted concepts around. In the economic-political debate, the principle of transparency is often advocated as a prerequisite for accountability, legitimacy, policy efficiency, and good governance, as well as a universal remedy against corruption, corporate and political scandals, financial crises, and a host of other problems. But transparency is more than a mere catch-phrase. Increased transparency is a bearing ideal behind regulatory reform in many areas, including financial reporting and banking regulation. Individual governments as well as multilateral bodies have launched broad-based initiatives to enhance transparency in both economic and other policy domains. Parallel to these developments, the concept of transparency has seeped its way into academic research in a wide range of social science disciplines, including the economic sciences. This increased importance of transparency in economics and business studies has called for a reference work that surveys existing research on transparency and explores its meaning and significance in different areas. The Oxford Handbook of Economic and Institutional Transparency is such a reference. Comprised of authoritative yet accessible contributions by leading scholars, this Handbook addresses questions such as: What is transparency? What is the rationale for transparency? What are the determinants and the effects of transparency? And is transparency always beneficial, or can it also be detrimental (if so, when)? The chapters are presented in three sections that correspond to three broad themes. The first section addresses transparency in different areas of economic policy. The second section covers institutional transparency and explores the role of transparency in market integration and regulation. Finally, the third section focuses on corporate transparency. Taken together, this volume offers an up-to-date account of existing work on and approaches to transparency in economic research, discusses open questions, and provides guidance for future research, all from a blend of disciplinary perspectives.
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