Market Structure and Competition Policy: Game-Theoretic Approaches

doi:10.1017/CBO9780511492570

Market Structure and Competition Policy

Game-Theoretic Approaches

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Sanin, Maria Eugenia 2006. Market Design in Wholesale Electricity Markets. SSRN Electronic Journal,

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Edited by George Norman, Tufts University, Massachusetts, Jacques-François Thisse, Université Catholique de Louvain, Belgium

Publisher:: Cambridge University Press
Online publication date:: September 2009
Print publication year:: 2000
Online ISBN:: 9780511492570
DOI:: https://doi.org/10.1017/CBO9780511492570

Subjects:: Economics, Microeconomics

30.99 (GBP)

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This 2000 text applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real-world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.

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Market Structure and Competition Policy

Game-Theoretic Approaches

This Book has been cited by the following publications. This list is generated based on data provided by Crossref.

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Contents

Frontmatter
pp i-iv

Contents
pp v-vi

List of figures
pp vii-viii

List of tables
pp ix-ix

List of contributors
pp x-x

Louis Phlips: a brief biography
pp xi-xii

Introduction
pp 1-8

1 - Competition policy and game-theory: reflections based on the cement industry case
pp 9-30

2 - Legal standards and economic analysis of collusion in EC competition policy
pp 31-50

3 - A guided tour of the Folk Theorem
pp 51-69

4 - Predatory pricing and anti-dumping
pp 70-95

5 - Should pricing policies be regulated when firms may tacitly collude?
pp 96-124

6 - Tougher price competition or lower concentration: a trade-off for anti-trust authorities?
pp 125-142

7 - The strategic effects of supply guarantees: the raincheck game
pp 143-160

8 - Product market competition policy and technological performance
pp 161-190

9 - On some issues in the theory of competition in regulated markets
pp 191-214

10 - Modelling the entry and exit process in dynamic competition: an introduction to repeated-commitment models
pp 215-231

11 - Coordination failures in the Cournot approach to deregulated bank competition
pp 232-270

12 - How the adoption of a new technology is affected by the interaction between labour and product markets
pp 271-286

Index
pp 287-293

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Market Structure and Competition Policy

Game-Theoretic Approaches

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