Competition, Innovation, and Antitrust: A Theory of Market Leaders and Its Policy Implications - Couverture rigide

Etro, Federico

Couverture rigide

ISBN 10 : 3540496009 ISBN 13 : 9783540496007

Editeur : Springer-Verlag Berlin and Heidelberg GmbH & Co. K, 2007

Synopsis

This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and, in particular, to issues of the abuse of dominance, which goes beyond the post-Chicago approach, and to analyze such antitrust cases as the Microsoft case.

A propos du livre

Revue de presse

"Etro s Competition, Innovation and Antirust is a remarkable and quite unique piece of work ... . any serious future scholarly article or textbooks that deal with competition and market structures or antitrust issues will have to cite, and that any serious and conscientious teacher of industrial organization should recommend as reading to their students. Needless to say, the book is already playing a prominent role on my upgraded syllabus for the graduate course of industrial organization for this academic year." --Kre imir igic, European Competition Journal, Vol. 3 (2), 2007

"In this innovative and thoughtful book, Federico Etro provides a novel approach to competition policy in innovative industries. Building on the notion of Stackelberg equilibrium with endogenous entry, which he has himself contributed to develop, he highlights the crucial role of potential competition in research in determining market performance. ... This book will be of great value to scholars and visionary practitioners, and may hopefully have a large impact on policy." --Vincenzo Denicolo, www.intertic.org, March, 2008

"This book explores the role of leadership in the economic theory of oligopoly, both for static oligopoly and for dynamic patent race games of R&D. It provides valuable service in reviewing existing models and extending them to careful consideration of the role of the first mover; in particular, to allowing for the leader to take into account the effects of its actions on entry and hence subsequent market structure. I thoroughly enjoyed its refreshing perspective." --Simon Anderson, www.intertic.org, March, 2008

Présentation de l'éditeur

This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy, and in particular to issues of abuse of dominance, which goes beyond the post-Chicago approach, and to analyse antitrust cases as the Microsoft case.

Détails de l'édition

• Éditeur: Springer-Verlag Berlin and Heidelberg GmbH & Co. K
• Date d'édition: 2007
• Langue: anglais
• ISBN 10: 3540496009
• ISBN 13: 9783540496007
• Reliure: Relié
• Nombre de pages: 303
• Coordonnées du fabricant: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3,69115 Heidelberg, Germany; Heidelberg; 69115; Allemagne