Regulation Misled by Misread Theory

Name: Regulation Misled by Misread Theory
Brand: AEI Press
SKU: 9780844713908
Price: 8.15 EUR
Availability: InStock

Perfect Competition and Competition-Imposed Price Discrimination

Автор: William J Baumol

Език:

Корици: С меки корици

Издател: AEI Press

Наличност: Външен склад

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Regulation Misled by Misread Theory changes how we think about economics. Standard economics has lon...

Информация за книгата

Автор

William J Baumol

Език

Английски език

Корици

Книга - С меки корици

Издадена

2004

страници

EAN

9780844713908

Enbook ID

09236219

Издател

AEI Press

Теглоt

Размери

145 x 218 x 4

Пълно описание

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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Regulation Misled by Misread Theory

Perfect Competition and Competition-Imposed Price Discrimination

Информация за книгата

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