Createspace Independent Publishing Platform
Antitrust: Results From The Laboratory
Product Code:
9781523424207
ISBN13:
9781523424207
Condition:
New
$13.38
Industrial organization issues that are relevant to antitrust have been studied in the laboratory for over three decades, and the results of this research offer useful insights for applied work in antitrust. Experimental methods provide a means for enhancing our understanding of markets. Those who advocate the relevance (or policy application) of a particular theory bear the burden of showing why the theory is appropriate. When a theory fails to predict well in a simple laboratory setting under conditions the theory itself suggests, it is difficult to believe that it would predict better in a more complex market in the naturally-occurring economy. This book summarizes how a market is created in the laboratory, discusses the applicability of laboratory methods (relative to traditional empirical/econometric methods) to various antitrust issues, and presents a brief survey of laboratory results that have implications for antitrust analysis.
| Author: Federal Trade Federal Trade Commission, Penny Hill Press Inc |
| Publisher: CreateSpace Independent Publishing Platform |
| Publication Date: Jan 16, 2016 |
| Number of Pages: 70 pages |
| Language: English |
| Binding: Paperback |
| ISBN-10: 1523424206 |
| ISBN-13: 9781523424207 |
Antitrust: Results From The Laboratory
$13.38
Industrial organization issues that are relevant to antitrust have been studied in the laboratory for over three decades, and the results of this research offer useful insights for applied work in antitrust. Experimental methods provide a means for enhancing our understanding of markets. Those who advocate the relevance (or policy application) of a particular theory bear the burden of showing why the theory is appropriate. When a theory fails to predict well in a simple laboratory setting under conditions the theory itself suggests, it is difficult to believe that it would predict better in a more complex market in the naturally-occurring economy. This book summarizes how a market is created in the laboratory, discusses the applicability of laboratory methods (relative to traditional empirical/econometric methods) to various antitrust issues, and presents a brief survey of laboratory results that have implications for antitrust analysis.
| Author: Federal Trade Federal Trade Commission, Penny Hill Press Inc |
| Publisher: CreateSpace Independent Publishing Platform |
| Publication Date: Jan 16, 2016 |
| Number of Pages: 70 pages |
| Language: English |
| Binding: Paperback |
| ISBN-10: 1523424206 |
| ISBN-13: 9781523424207 |
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