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Competition Policy: A Game-Theoretic Perspective
 
 
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Competition Policy: A Game-Theoretic Perspective [Paperback]

Louis Phlips (Author)

Price: $44.00 & this item ships for FREE with Super Saver Shipping. Details
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Book Description

October 27, 1995
This book uses game theory to analyze anti-competitive behavior among firms and to consider its implications for competition policy. Topics include "explicit collusion," "tacit collusion," "semicollusion," and the detection of predatory pricing. The book discusses several European antitrust decisions and empirical studies in detail.

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Book Description

Using game theory to analyze anti-competitive behavior among firms, this text also considers the implications for competition policy. It discusses several European antitrust decisions and empirical studies in detail.

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Inside This Book (learn more)
First Sentence:
From a methodological point of view, the message of this chapter is that explicit collusion can and should be analysed as the solution of a non-cooperative game. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
unconstrained monopoly profit, fanatic predator, positive entry value, geographical price discrimination, partial cartel, collusion detection, joint profit maximisation, weak monopolists, collusive game, collusive profits, collusive equilibrium, sunk entry costs, cartel contract, flour additives, cartel manager, explicit collusion, tacit collusion, profit frontier, alleged predator, collusive outcome, first price sealed bid auction, normal competition, bus miles, basing point system, predatory price cutting
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Allied Mills, North American, Treaty of Rome, European Court of Justice, Roman Treaty, European Commission, Time Market
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