Knockout Narratives Sale
 
 

Special Offers see all

Enter to WIN a $100 Credit

Subscribe to PowellsBooks.news
for a chance to win.
Privacy Policy

Visit our stores


    Recently Viewed clear list


    Original Essays | January 14, 2015

    Marie Mutsuki Mockett: IMG On Trimming Roses



    Gardens do not wait. Weeds grow and flowers wilt. In the days and weeks following my father's death, my parents' garden continued to flourish and... Continue »

    spacer

On Order

$45.75
New Hardcover
Currently out of stock.
Add to Wishlist
available for shipping or prepaid pickup only
Qty Store Section
- Local Warehouse Business- Business Law General

Are Predatory Commitments Credible?: Who Should the Courts Believe? (Studies in Law and Economics)

by

Are Predatory Commitments Credible?: Who Should the Courts Believe? (Studies in Law and Economics) Cover

 

Synopses & Reviews

Publisher Comments:

Predatory pricing has long been a contentious issue among lawmakers and economists. Legal actions are continually brought against companies. But the question remains: how likely are firms to cut prices in order to drive rivals out of business? Predatory firms risk having to keep prices below cost for such an extended period that it would become cost-prohibitive. Recently, economists have turned to game theory to examine circumstances under which predatory tactics could be profitable.

John R. Lott, Jr. provides long-awaited empirical analysis in this book. By examining firms accused of or convicted of predation over a thirty-year period of time, he shows that these firms are not organized as the game-theoretic or other models of predation would predict. In contrast, what evidence exists for predation suggests that government enterprises are more of a threat.

Lott presents crucial new data and analysis, attacking an issue of major legal and economic importance. This impressive work will be of great interest to economists, legal scholars, and antitrust policy makers.

Book News Annotation:

By examining firms accused of predatory pricing (e.g. Microsoft), Lott (law and economics, U. of Chicago) argues that they do not conform to game theory or other models of prediction, and that public enterprises outdo private ones in exceeding normal competitive behavior worldwide. Appends notes on methodology.
Annotation c. Book News, Inc., Portland, OR (booknews.com)

Description:

Includes bibliographical references (p. [155]-164) and index.

Table of Contents

Preface

1. The Debate on Predation

2. Reputational Models of Predation: Testing the Assumptions

3. Nonprofit Objectives and Credible Commitments: What Does This Imply for Government Enterprises?

4. Are Government or Private Enterprises More Likely to Engage in Predatory Behavior? Some International Evidence

5. What Happens When the Victims Have Better Information Than the Predators?

6. Some Final Thoughts

Appendixes

A. Explaining the Framework Used to Evaluate the Legitimacy of Anti-dumping Cases

B. Data Appendix

C. Analyzing How the Profitability of Entry Deterrence Is Affected by the Possibility of Trading Profits

Notes

References

Index

Product Details

ISBN:
9780226493558
Author:
Lott, John R., Jr.
Publisher:
University of Chicago Press
Author:
Lott, Jr., John R.
Location:
Chicago :
Subject:
Business
Subject:
United states
Subject:
Criminal justice, administration of
Subject:
Antitrust
Subject:
Business Law
Subject:
Antitrust law
Subject:
Antitrust law -- United States.
Subject:
Predatory pricing.
Subject:
Business & Financial
Subject:
Predatory pricing -- United States.
Subject:
Business-Business Law General
Edition Description:
1
Series:
Studies in Law and Economics
Publication Date:
19990731
Binding:
HARDCOVER
Grade Level:
Professional and scholarly
Language:
English
Illustrations:
4 line drawings, 17 tables
Pages:
176
Dimensions:
9 x 6 in

Related Subjects

Business » Business Law
History and Social Science » Law » General

Are Predatory Commitments Credible?: Who Should the Courts Believe? (Studies in Law and Economics) New Hardcover
0 stars - 0 reviews
$45.75 Backorder
Product details 176 pages University of Chicago Press - English 9780226493558 Reviews:
spacer
spacer
  • back to top

FOLLOW US ON...

     
Powell's City of Books is an independent bookstore in Portland, Oregon, that fills a whole city block with more than a million new, used, and out of print books. Shop those shelves — plus literally millions more books, DVDs, and gifts — here at Powells.com.