Tag: Welfare
Revealed Preference and Welfare Considerations in Online Advertising Markets
We consider how textbook economic techniques should be applied in online advertising markets. We argue that the necessary conditions for revealed preference theory fail...
The Slogans and Goals of Antitrust Law
By Herbert Hovenkamp (University of Pennsylvania)
This is a comparative and historical examination of the slogans and goals most advocated for antitrust law today –...
Procompetitive Justifications
Posted by Social Science Research Network
Procompetitive Justifications
By John M. Newman (University of Memphis)
Abstract: The rule of reason has come to dominate modern antitrust...
The Social Contract at the Basis of Competition Law
Posted by Social Science Research Network
The Social Contract at the Basis of Competition Law
By Michal S. Gal (University of Haifa)
Abstract: Competition law constitutes...
CPI 3(2)
From the Editor
Richard Schmalensee, Nov 05, 2007
From the Editor: Autumn 2007
Our Autumn 2007 issue of Competition Policy International features a truly international collection of...
CPI 2(2)
State Efforts to Assist Competitors
Maureen Ohlhausen, Nov 01, 2006
Identifying, Challenging, and Assigning Political Responsibility for State Regulation Restricting Competition
This paper examines the role of...
Monopoly and Resource Allocation
Arnold Harberger, Arnold Harberger, Nov 01, 2009
This classic 1954 article broke with the then-current economic orthodoxy and set monopoly research on a path that...
No Single Monopoly Profit, No Single Policy Prescription?
Harry First, Nov 01, 2009
Professor Einer Elhauge´s most recent article, Tying, Bundled Discounts, and the Death of the Single Monopoly Profit Theory, begins with...
Injecting Innovation into The Rule of Reason: A Comment on Evans...
Richard Gilbert, Nov 01, 2008
The Evans and Hylton paper on The Lawful Acquisition and Exercise of Monopoly Power and its Implications for the Objectives...
Consumer Surplus as the Appropriate Standard for Antitrust Enforcement
Russ Pittman, Nov 05, 2007
In antitrust enforcement, in the context of cost-benefit analysis, neoclassical economics may be interpreted as arguing for the use of...