Competition, Innovation, and Antitrust: A Theory of Market Leaders and Its Policy Implications

By Federico Etro

Book Overview

This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and, in particular, to issues of the abuse of dominance, which goes beyond the post-Chicago approach, and to analyze such antitrust cases as the Microsoft case.

• Format: Hardcover
• Language: English
• ISBN: 3540496009
• ISBN13: 9783540496007
• Release Date: September 2007
• Publisher: Springer
• Length: 283 Pages
• Weight: 1.29 lbs.
• Dimensions: 0.9" x 6.6" x 9.4"