Economics of competition

Author(s)
    • Leismuller, Georg
    • Schimpf, Elias J
Bibliographic Information

Economics of competition

Georg Leismuller and Elias J. Schimpf, editors

(Economic issues, problems and perspectives series)(Global economic studies series)

Nova Science, c2013

  • : hardcover

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

According to conventional economic wisdom, it is believed that the beneficial functioning of competition is not secured spontaneously but must be supported by state action, ie: specific antitrust laws and agencies. Hence, competition is regarded as an instance in which the visible hand of the state is believed to be needed in order to enable the invisible hand of the market to function more effectively. Topics discussed in this book include the competition and antitrust policy in the Austrian economic perspective; competition in the pharmaceutical market in Austria; a study of the greed factor in capitalism; consumption behaviours in a vertical differentiation model; the effects of mergers in the retail sector; and market competition with irrational agents.

Table of Contents

  • Preface
  • Competition & Antitrust Policy: An Austrian Economics Perspective
  • The Market for Self-Medication in Austria: The Competition Economists Point of View
  • The Greed Factor: The Insidious Enemy That is Being Ignored
  • Essay on Consumption Behaviors in a Vertical Differentiation Model
  • Modeling the Effects of Mergers in the Retail Sector: A Parsimonious Multilateral Approach
  • Where Does Competition Among Irrational Agents Lead The Market?
  • Index.

by "Nielsen BookData"

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