Antitrust economics : mergers, contracting, and strategic behavior
Author(s)
Bibliographic Information
Antitrust economics : mergers, contracting, and strategic behavior
B. Blackwell, 1987
- : pbk
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335.5/3923000185580,
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Note
Includes index
Bibliography: p. [343]-351
Description and Table of Contents
- Volume
-
ISBN 9780631153634
Description
This book brings together the work of Oliver Williamson, an important contributor to the literature of industrial organization and anti-trust economics. Williamson's contributions have included work on vertical integration and non-standard contracting practices, the modern corporation, strategic inter-firm behaviour and economies as an anti-trust defence. By helping to promote a new understanding of complex forms of economic organization, public policy in each of these areas has been influenced and sometimes reformed as a consequence. The work deals successively with mergers, complex contracting practices, strategic behaviour and the impact of ideas on anti-trust enforcement. Applied price theory and the new apparatus of transaction cost economics are both brought to bear. With a focus on the theory and practice of anti-trust in the US, the book is of wider application to any country tackling the problem of the control of big business and monopoly power.
Table of Contents
- I: Mergers
- 1. Economies as an Antitrust Defense: The Welfare Trade-Offs
- 2. The vertical Integration of Production: Market failure Considerations
- 3. Antiturst Enforcement and the Modern Corporation
- 4. Vertical Merger Guidelines: Interpreting the 1982 Reforms
- II: Contracting
- 5. The Economics of Antitrust: Transaction Cost Considerations
- 6. Assessing Vertical Market Restrictions: Antitrust Ramifications of the Transactions Cost Approach
- 7. Assessing Contrast
- III: Strategic Behaviour
- 8. Wage Rates as a Barrier to Entry: The Pennington Case in Perspective
- 9. Predatory Pricing: A Strategic and Welfare Analysis
- 10. Pretrial Uses of Economists: On the Use of Incentive Logic to Screen Predation
- IV: Commentary
- 11. Comments on the Political Economy of Antitrust
- 12. Intellectual Foundations of Law and Economics: The Need for a Broader View
- 13. Antitrust Enforcement: Where It Has Been
- Where It Is Going.
- Volume
-
: pbk ISBN 9780631171829
Description
This book brings together the work of Oliver E. Williamson, a recognized contributor to the literature of industrial organization and antitrust economics. Williamson's contributions have included work on vertical integration and non-standard contracting practices, the modern corporation, strategic inter-firm behaviour and economies as an antitrust defence. By helping to promote a new understanding of complex forms of economic organization, public policy in each of these areas has been influenced and sometimes reformed as a consequence. The work deals successively with mergers, complex contracting practices, strategic behaviour and the impact of ideas on antitrust enforcement. Applied price theory and the new apparatus of transaction cost economics are both brought to bear. With a focus on the theory and pratice of antitrust in the US, the book is of wider application to any country tackling the problem of the control of big business and monopoly power.
Table of Contents
- Part 1 Mergers: economies as an antitrust defense - the welfare trade-offs
- the vertical integration of production - market failure considerations
- antitrust enforcement and the modern corporation
- vertical merger guidelines - interpreting the 1982 reforms. Part 2 Contracting: the economics of antitrust - transaction cost considerations
- assessing vertical market restrictions - antitrust ramifications of the transaction cost approach
- assessing contrast. Part 3 Strategic behaviour: wage rates as a barrier to entry - the Pennington case in perspective
- predatory pricing - a strategic and welfare analysis
- pretrial uses of economists - on the use of incentive logic to screen predation. Part 4 Commentary: comments on the political economy of antitrust
- intellectual foundations of law and economics - the need for a broader view
- antitrust enforcement - where it has been, where it is going.
by "Nielsen BookData"