Regulation Misled by Misread Theory: Perfect Competition and Competition-Imposed Price Discrimination - Softcover

Baumol, William J.

 
9780844713908: Regulation Misled by Misread Theory: Perfect Competition and Competition-Imposed Price Discrimination
Softcover
ISBN 10: 0844713902 ISBN 13: 9780844713908
Verlag: Aei Press, 2004

Inhaltsangabe

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.

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Verlag
Aei Press
Erscheinungsdatum
2004
Sprache
Englisch
ISBN 10 
0844713902
ISBN 13 
9780844713908
Einband
Taschenbuch
Anzahl der Seiten
52
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
preigu
mail@preigu.de

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