The Economics of Competition

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Release : 2014-07-16
Genre : Business & Economics
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Book Rating : 899/5 ( reviews)

The Economics of Competition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economics of Competition write by George G Djolov. This book was released on 2014-07-16. The Economics of Competition available in PDF, EPUB and Kindle. A comprehensive examination of the ways competition and innovations level the playing field in the free market The Economics of Competition uses the South African pharmaceutical industry as a case study to cogently challenge accepted economic and regulatory views on competition and monopoly, then re-establishes and emphasizes the importance of foundational economic principles. The book comprehensively explores the concept that monopoly is self-limiting within unrestricted competition, as well as the various market features of competition, innovation, and market power. This detailed examination broadens understanding of the economics of competition for both scholars and practitioners. Competition is seen as a continuous process in a free market. The Economics of Competition thoughtfully explores the competitive process in its two mechanisms, the transfer of market share from one rival to another, and innovation of a new product, new method of production, new market opening, or new source of supply of raw materials. The dynamic nature of the marketplace is thoroughly examined from the author's inside view of the South African pharmaceutical industry. This provides a rare opportunity to closely examine an industry considered to be a monopoly while actively applying economic theories of competition and freedom of choice. The effects of public policy, legislation, and pricing regulations are discussed in detail. The book has several tables and figures to enhance clarity and is extensively referenced. The Economics of Competition discusses: * monopoly and rivalry in the free market * theories of perfect competition * innovation as a controlling variable * pricing and price differentiation * barriers to competitionincluding historical and contemporary legislative barriers * horizontal mergers and acquisitions as a key aspect of market power * and more!The Economics of Competition is insightful, thought-provoking reading for policymakers as well as anyone practising antitrust law, microeconomics, industrial economics, managerial economics, marketing strategy, theoretical public health, and students and educators of marketing and economics.

Economics for Competition Lawyers

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Release : 2011-04-07
Genre : Business & Economics
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Book Rating : 511/5 ( reviews)

Economics for Competition Lawyers - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economics for Competition Lawyers write by Gunnar Niels. This book was released on 2011-04-07. Economics for Competition Lawyers available in PDF, EPUB and Kindle. Economics for Competition Lawyers provides a comprehensive explanation of the economic principles most relevant for competition law. Written specifically for competition lawyers, it uses real-world examples, is non-technical, and explains the key points from first principles.

Perfect Competition and the Transformation of Economics

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Release : 1995-05-04
Genre : Business & Economics
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Book Rating : 224/5 ( reviews)

Perfect Competition and the Transformation of Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Perfect Competition and the Transformation of Economics write by Frank Machovec. This book was released on 1995-05-04. Perfect Competition and the Transformation of Economics available in PDF, EPUB and Kindle. Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.

The Making of Competition Policy

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Release : 2013-01-30
Genre : Business & Economics
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Book Rating : 560/5 ( reviews)

The Making of Competition Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Making of Competition Policy write by Daniel A. Crane. This book was released on 2013-01-30. The Making of Competition Policy available in PDF, EPUB and Kindle. This book provides edited selections of primary source material in the intellectual history of competition policy from Adam Smith to the present day. Chapters include classical theories of competition, the U.S. founding era, classicism and neoclassicism, progressivism, the New Deal, structuralism, the Chicago School, and post-Chicago theories. Although the focus is largely on Anglo-American sources, there is also a chapter on European Ordoliberalism, an influential school of thought in post-War Europe. Each chapter begins with a brief essay by one of the editors pulling together the important themes from the period under consideration.

New Developments in Competition Law and Economics

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Release : 2019-03-18
Genre : Law
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Book Rating : 115/5 ( reviews)

New Developments in Competition Law and Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook New Developments in Competition Law and Economics write by Klaus Mathis. This book was released on 2019-03-18. New Developments in Competition Law and Economics available in PDF, EPUB and Kindle. This book further develops both the traditional and the behavioural approach to competition law, and applies these approaches to a variety of timely issues. It discusses several fundamental questions regarding competition law and economics, and explores the applications of competition law and economics. In turn, the book analyses the interplay of intellectual property rights and patents in various aspects of competition law, and investigates the impacts that developments in information technology, such as big data analytics, have on competition law. The book also discusses the impact of energy law reforms on energy markets from a competition law perspective. Competition law is a classic field of economic analysis. This is largely due to the fact that competition law uses terms such as market, price, and competition and must therefore rely on economic know-how and analyses. In the United States, economic analysis has greatly influenced not just the scholarship on antitrust law, but also judicial decisions and agency enforcement. Antitrust law and economics are based on the traditional paradigm of neoclassical economics, which relies on the assumption that the market players, i.e. consumers and producers, are rational. This approach to competition law was later received in Europe under the banner of a “more economic approach”. For the past two decades, behavioural law and economics, which seeks to generate better insights into legal phenomena by providing more realistic psychological foundations for economic models, and to offer a multitude of applications in legislation and legal adjudication, has challenged the traditional economic approach to law in general and, more recently, to competition law specifically.