Handbook of Antitrust Economics [Paperback]

Paolo Buccirossi (Editor)

Book Description

ISBN-10: 0262524775 | ISBN-13: 978-0262524773 | Publication Date: March 21, 2008

Experts examine the application of economic theory to antitrust issues in both the United States and Europe, discussing mergers, agreements, abuses of dominance, and the impact of market features.

Editorial Reviews

Review

"This Handbook represents an excellent contribution to the increasingly important field of antitrust economics. It is timely, well-written, and will prove a valuable resource for students and practitioners alike."--John Kwoka, Neal F. Finnegan Chair, Department of Economics, Northeastern University

Over the past twenty years, economic theory has begun to play a central role in antitrust matters. In earlier days, the application of antitrust rules was viewed almost entirely in formal terms; now it is widely accepted that the proper interpretation of these rules requires an understanding of how markets work and how firms can alter their efficient functioning. The Handbook of Antitrust Economics offers scholars, students, administrators, courts, companies, and lawyers the economist's view of the subject, describing the application of newly developed theoretical models and improved empirical methods to antitrust and competition law in both the United States and the European Union. (The book uses the U.S. term "antitrust law" and the European "competition law" interchangeably, emphasizing the commonalities between the two jurisdictions.) After a general discussion of the use of empirical methods in antitrust cases, the Handbook covers mergers, agreements, abuses of dominance (or unilateral conducts), and market features that affect the way firms compete. Chapters examine such topics as analyzing the competitive effects of both horizontal and vertical mergers, detecting and preventing cartels, theoretical and empirical analysis of vertical restraints, state aids, the relationship of competition law to the defense of intellectual property, and the application of antitrust law to "bidding markets," network industries, and two-sided markets.ContributorsMark Armstrong, Jonathan B. Baker, Timothy F. Bresnahan, Paulo Buccirossi, Nicholas Economides, Hans W. Friederiszick, Luke M. Froeb, Richard J. Gilbert, Joseph E. Harrington, Jr., Paul Klemperer, Kai-Uwe Kuhn, Francine Lafontaine, Damien J. Neven, Patrick Rey, Michael H. Riordan, Jean-Charles Rochet, Lars-Hendrick Röller, Margaret Slade, Giancarlo Spagnolo, Jean Tirole, Thibaud Vergé, Vincent Verouden, John Vickers, Gregory J. WerdenPaolo Buccirossi is Director and Founder of Lear, a research center and an economics consulting firm in Rome, and has worked as an economic advisor at the Italian Competition Authority.

"An impressive collection from some of the most prominent scholars and experts in the field."--Jay Pil Choi, Department of Economics, Michigan State University

(Jay Pil Choi )

"This is the first economics handbook that is devoted exclusively to antitrust. It is unique. It will be quite valuable for researchers who want exposure to surveys of economists' current thinking on major antitrust topics."--Lawrence J. White, Department of Economics, Stern School of Business, New York University, and General Editor, Review of Industrial Organization

(Lawrence White, New York University )

"An impressive collection from some of the most prominent scholars and experts in the field." Jay Pil Choi , Department of Economics, Michigan State University

"An impressive collection from some of the most prominent scholars and experts in the field." Jay Pil Choi , Department of Economics, Michigan State University

About the Author

"This is the first economics handbook that is devoted exclusively to antitrust. It is unique. It will be quite valuable for researchers who want exposure to surveys of economists' current thinking on major antitrust topics." Lawrence J. White , Department of Economics, Stern School of Business, New York University, and General Editor, Review of Industrial Organization

Product Details

• Paperback: 712 pages
• Publisher: The MIT Press (March 21, 2008)
• Language: English
• ISBN-10: 0262524775
• ISBN-13: 978-0262524773
• Product Dimensions: 8.9 x 7.1 x 1.2 inches
• Shipping Weight: 2.4 pounds (View shipping rates and policies)
• Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #683,067 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

5 of 5 people found the following review helpful:

4.0 out of 5 stars A very useful and well-written book, May 26, 2008

By 

German Coloma (Buenos Aires, Argentina) - See all my reviews
(REAL NAME)   

This review is from: Handbook of Antitrust Economics (Paperback)

I have found this book very useful and well-written. It presents a very thorough and up-to-date review of the literature on economic analysis of antitrust law, which is especially useful for economists doing consulting work in antitrust cases. It is also good as a supplementary reading in industrial economics' courses, and in antitrust courses. The contributors are well-known especialists in their areas, and the level of the book is generally the "right one" for this kind of book (higher than an economics' textbook but lower than an academic paper). I would have liked to see a bit more on demand system estimation, but appart from that everything is fine. I stongly recommend the book.