Frequently Bought Together
Customers Who Bought This Item Also Bought
Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don't by John R. Lott |
by Thomas Sowell
|
by Iain Hamish Murray
|
Editorial Reviews
Review
...in Are Predatory Commitments Credible?, John R. Lott Jr. masterfully picks apart the game theorists' argument. -- The Wall Street Journal, David R. Henderson
Product Description
Predatory pricing has long been a contentious issue among lawmakers and economists. Legal actions are continually brought against companies. But the question remains: how likely are firms to cut prices in order to drive rivals out of business? Predatory firms risk having to keep prices below cost for such an extended period that it would become cost-prohibitive. Recently, economists have turned to game theory to examine circumstances under which predatory tactics could be profitable.
John R. Lott, Jr. provides long-awaited empirical analysis in this book. By examining firms accused of or convicted of predation over a thirty-year period of time, he shows that these firms are not organized as the game-theoretic or other models of predation would predict. In contrast, what evidence exists for predation suggests that government enterprises are more of a threat.
Lott presents crucial new data and analysis, attacking an issue of major legal and economic importance. This impressive work will be of great interest to economists, legal scholars, and antitrust policy makers.
John R. Lott, Jr. provides long-awaited empirical analysis in this book. By examining firms accused of or convicted of predation over a thirty-year period of time, he shows that these firms are not organized as the game-theoretic or other models of predation would predict. In contrast, what evidence exists for predation suggests that government enterprises are more of a threat.
Lott presents crucial new data and analysis, attacking an issue of major legal and economic importance. This impressive work will be of great interest to economists, legal scholars, and antitrust policy makers.
Product Details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, read author blogs, and more.
› Visit Amazon's John R. Lott Page
› Visit Amazon's John R. Lott Page
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Inside This Book
(learn more)
First Sentence:
In 1980, the predominant view among economists was that predatory price cutting would rarely if ever be profitable (see Bork 1978, Easterbrook 1981, and McGee 1958 and 1980). Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
nonpredatory firms, price drop year, predation charges, predation firm, nonmarket firms, nonmarket countries, predation year, predatory periods, reputational theory, convicted firms, predatory commitments, reputational models, antitakeover charter amendments, fixed entry cost, nonmarket economies, dumping complaints, alleged predation, short position profits, predation cases, market value growth, predation theory, antitakeover laws, firm dummy, output maximization, predatory price cutting Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Standard Oil, Ninth Circuit, Pacific Mail, Supreme Court, Western Union, Postal Service, Jay Gould, Martin Marietta, Sherman Act, American Union, Forest Service, German Democratic Republic, Manufacturing Panel, North Korea, Soviet Union, Trenor Park, United Nations Conference, Wall Street Journal New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
In 1980, the predominant view among economists was that predatory price cutting would rarely if ever be profitable (see Bork 1978, Easterbrook 1981, and McGee 1958 and 1980). Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
nonpredatory firms, price drop year, predation charges, predation firm, nonmarket firms, nonmarket countries, predation year, predatory periods, reputational theory, convicted firms, predatory commitments, reputational models, antitakeover charter amendments, fixed entry cost, nonmarket economies, dumping complaints, alleged predation, short position profits, predation cases, market value growth, predation theory, antitakeover laws, firm dummy, output maximization, predatory price cutting Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Standard Oil, Ninth Circuit, Pacific Mail, Supreme Court, Western Union, Postal Service, Jay Gould, Martin Marietta, Sherman Act, American Union, Forest Service, German Democratic Republic, Manufacturing Panel, North Korea, Soviet Union, Trenor Park, United Nations Conference, Wall Street Journal New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Citations (learn more)
This book cites 30
books:
See all 30 books this book cites
2
books
cite this book:
- University of Pennsylvania: Off the Record (College Prowler) (College Prowler: University of Pennsylvania Off the Record) by Jennifer Klein in Front Matter, and Back Matter
- Antidumping Law and Practice: A Comparative Study (Studies in International Economics) by John Jackson in Back Matter (1), and Back Matter (2)
- Politics and Property Rights: The Closing of the Open Range in the Postbellum South (Studies in Law and Economics) by Shawn Everett Kantor in Front Matter
- Japanese Law: An Economic Approach (Studies in Law and Economics) by J. Mark Ramseyer in Front Matter
- Insider Trading by William K. S. Wang in Back Matter
See all 30 books this book cites
- Famous Fables of Economics: Myths of Market Failures by Daniel Spulber in Front Matter
- Winners, Losers & Microsoft by Stan J. Liebowitz in Back Matter
Books on Related Topics
(learn more)
|
What Do Customers Ultimately Buy After Viewing This Item?
 |
29% buy More Guns, Less Crime: Understanding Crime and Gun-Control Laws $9.89 |
 |
27% buy The Bias Against Guns: Why Almost Everything You've Heard About Gun Control Is Wrong $21.24 |
 |
25% buy Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don't $11.18 |
 |
15% buy Straight Shooting: Firearms, Economics and Public Policy $17.94 |
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Customer Reviews
|
Share your thoughts with other customers:
|
|||||||||||||||
Most Helpful Customer Reviews
Share your thoughts with other customers: Create your own review
|
|
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Listmania!
So You'd Like to...
|
|
Product Information from the Amapedia Community
Beta (What's this?)Be the first person to add an article about this item at Amapedia.com.
› See featured Amapedia.com articles
Look for Similar Items by Category
- Books > Business & Investing > Business Life > Ethics
- Books > Business & Investing > Economics > Microeconomics
- Books > Business & Investing > Economics > Theory
- Books > Business & Investing > Popular Economics
- Books > Business & Investing > Reference > Business Law
- Books > Law > Business > Antitrust
- Books > Law > Business > Franchising
- Books > Law > Perspectives on Law > Science & Technology
- Books > Professional & Technical > Law > Business > Antitrust
Look for Similar Items by Subject
Your Recent History
(What's this?)|
After viewing product detail pages or search results, look here to find an easy way to navigate back to pages you are interested in. |
