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Regulation Misled by Misread Theory: Perfect Competition and Competition-Imposed Price Discrimination
Regulation Misled by Misread Theory Perfect Competition and Competition-Imposed Price Discrimination
Author: William J. Baumol
Regulation Misled by Misread Theory changes how we think about economics. Standard economics has long held that firms can price discriminate only when they have monopoly power. Antitrust authorities and other regulators are thus tempted to use the existence of price discrimination as one indicator that a firm should possibly be subject to gover...  more »
ISBN-13: 9780844713908
ISBN-10: 0844713902
Publication Date: 3/25/2006
Pages: 52
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Publisher: AEI Press
Book Type: Paperback
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