Elgar Encyclopedia on the Economics of Competition, Regulation and Antitrust

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Elgar Encyclopedia on the Economics of Competition, Regulation and Antitrust

9781802200539 Edward Elgar Publishing
Edited by Michael D. Noel, Professor, Department of Economics, Texas Tech University, Lubbock, US
Publication Date: December 2024 ISBN: 978 1 80220 053 9 Extent: c488pp
Providing an extensive overview of the literature, the Elgar Encyclopedia on the Economics of Competition, Regulation and Antitrust examines perspectives on the many interrelated issues in competition economics.

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Providing an extensive overview of the literature, the Elgar Encyclopedia on the Economics of Competition, Regulation and Antitrust examines perspectives on the many interrelated issues in competition economics.

Showcasing over 60 surveys from global leading economic and legal scholars, this Encyclopedia looks at what competition is, what it does, when it works well and when it does not. It investigates how best to protect and preserve competition through regulation or antitrust enforcement and reviews the strengths and weaknesses of the major antitrust laws along with over 100 years of Supreme Court interpretations of them. The included case studies provide historical context and also guidance for the future from the many lessons learned.

This extensive Encyclopedia is a complete resource for economists wishing to extend their current knowledge on all aspects of competition, regulatory and antitrust issues. Policymakers and practitioners will find it an all-encompassing read for making positive future changes whilst understanding the decisions of the past.
Critical Acclaim
‘This Encyclopedia provides an overview to a remarkable variety of competition topics, written by the foremost thought leaders, many of whom had personal contributions to these developments. If you are looking for industry background knowledge, key references, the latest developments, or directions for future research, look here.’
– Marc Rysman, Boston University, US

‘There has been increasing concern about lack of competition, and whether antitrust and regulatory policy should be rethought. Michael Noel has solicited contributions from many of the leading economic and legal experts in competition policy. Their contributions provide a thorough, accessible, and timely overview.’
– Robert Porter, Northwestern University, US
Contents
Contents:
Preface xi
PART I COMPETITION THEORY
1 Auction theory 2
Daniel R. Vincent
2 Buyer cartels 8
Brianna L. Alderman and Roger D. Blair
3 Collusion and supergames 12
Michael D. Noel and Freddie Papazyan
4 Contracting with moral hazard 24
George Georgiadis
5 Demand estimation 38
Steven Berry
6 Drip pricing 43
Andrew Rhodes
7 False advertising 48
Andrew Rhodes
8 Information 52
Michael R. Baye and Jeffrey T. Prince
9 Innovation 58
Kevin A. Bryan
10 Insurance competition under asymmetric information 64
Pierre-André
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