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Economics of Regulation and Antitrust, fifth edition

Author

Listed:
  • Viscusi, W. Kip

    (Vanderbilt Law School)

  • Harrington, Joseph E. , Jr.

    (The Wharton School at the University of Pennsylvania , Business Economics & Public Policy Department)

  • Sappington, David E. M.

    (University of Florida)

Abstract

Regulation and antitrust are key elements of government policy. This new edition of the leading textbook on government and business policy explains how the latest theoretical and empirical economic tools can be employed to analyze pressing regulatory and antitrust issues. The book departs from the common emphasis on institutions, focusing instead on the relevant underlying economic issues, using state-of-the-art analysis to assess the appropriate design of regulatory and antitrust policy. Extensive case studies illustrate fundamental principles and provide insight on key issues in regulation and antitrust policy. This fifth edition has been thoroughly revised and updated, reflecting both the latest developments in economic analysis and recent economic events. The text examines regulatory practices through the end of the Obama and beginning of the Trump administrations. New material includes coverage of global competition and the activities of the European Commission; recent mergers, including Comcast-NBC Universal; antitrust in the new economy, including investigations into Microsoft and Google; the financial crisis of 2007–2008 and the Dodd-Frank Act; the FDA approval process; climate change policies; and behavioral economics as a tool for designing regulatory strategies.

Suggested Citation

  • Viscusi, W. Kip & Harrington, Joseph E. , Jr. & Sappington, David E. M., 2018. "Economics of Regulation and Antitrust, fifth edition," MIT Press Books, The MIT Press, edition 5, volume 1, number 0262038064, December.
    • Handle: RePEc:mtp:titles:0262038064
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    Citations

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    Cited by:

    1. Dolata, Ulrich, 2023. "Industrieplattformen: Eine neue Form der Handlungskoordination in der Wirtschaft," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2024-01, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    2. Dolata, Ulrich, 2024. "Industry platforms: A new mode of coordination in the economy," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2024-02, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    3. Gu, Tianqi & Kim, Inhi & Currie, Graham, 2019. "To be or not to be dockless: Empirical analysis of dockless bikeshare development in China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 119(C), pages 122-147.
    4. Kazuhiro Takauchi & Tomomichi Mizuno, 2019. "Consumer-benefiting transport cost: The role of product innovation in a vertical structure," Discussion Papers 1911, Graduate School of Economics, Kobe University.
    5. Mangani, Andrea & Ramazanova, Karina, 2023. "The media coverage of antitrust enforcement: Evidence from Italy," Research in Economics, Elsevier, vol. 77(3), pages 334-348.
    6. Sandra Bestakova, 2019. "The Influence Of Short-Term Rental On Rental Housing Prices In Prague," Proceedings of Business and Management Conferences 8512235, International Institute of Social and Economic Sciences.
    7. Loveland, Robert & Mulherin, J. Harold & Okoeguale, Kevin, 2021. "Deregulation, listing and delisting," Journal of Corporate Finance, Elsevier, vol. 69(C).
    8. Aguirre, Iñaki & Yenipazarli, Arda, 2022. "A Rationale for the “Meeting Competition Defense” when Competitive Pressure Varies Across Markets," MPRA Paper 113746, University Library of Munich, Germany.
    9. Yanwei Lyu & Yangyang Bai & Jinning Zhang, 2024. "Green finance policy and enterprise green development: Evidence from China," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(1), pages 414-432, January.
    10. Mizutani, Fumitoshi & Uranishi, Shuji, 2020. "An analysis of the inter-effect of structural reforms and rail mode share," Research in Transportation Economics, Elsevier, vol. 81(C).
    11. Dertwinkel-Kalt, Markus & Wey, Christian, 2023. "Why Germany's Gas Price Brake Encourages Moral Hazard and Raises Gas Prices," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277575, Verein für Socialpolitik / German Economic Association.
    12. Marco Araújo & Love Ekenberg & Mats Danielson & João Confraria, 2022. "A Multi-Criteria Approach to Decision Making in Broadband Technology Selection," Group Decision and Negotiation, Springer, vol. 31(2), pages 387-418, April.
    13. Amaro Olimpio Pereira & Rafael Cancella Morais & Bruno S. L. Cunha & Maria Bernadete Gomes Pereira Sarmiento Gutierrez & Mario Jorge Cardoso de Mendonça, 2023. "Allocative Efficiency towards Energy Transition: The Cases of Natural Gas and Electricity Markets," Energies, MDPI, vol. 16(2), pages 1-17, January.
    14. Rabbani, Maysam, 2021. "Mergers with Future Rivals Can Boost Prices, Intensify Market Concentration, and Bar Entry," MPRA Paper 112864, University Library of Munich, Germany, revised 26 Apr 2022.
    15. Kim, Incheol & Lee, Suin & Sharma, Bina, 2023. "Competition law reform and firm performance: Evidence from developing countries," Emerging Markets Review, Elsevier, vol. 56(C).
    16. Bauer, Johannes M. & Bohlin, Erik, 2022. "Regulation and innovation in 5G markets," Telecommunications Policy, Elsevier, vol. 46(4).
    17. Dolata, Ulrich, 2020. "Internet – Plattformen – Regulierung: Koordination von Märkten und Kuratierung von Sozialität," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2020-01, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    18. Rabbani, Maysam, 2023. "Mergers with future rivals can boost prices, bar entry, and intensify market concentration," International Journal of Industrial Organization, Elsevier, vol. 88(C).
    19. Liao, Rose C. & Loureiro, Gilberto & Taboada, Alvaro G., 2022. "Gender quotas and bank risk," Journal of Financial Intermediation, Elsevier, vol. 52(C).
    20. Dolata, Ulrich, 2020. "Internet – Platforms – Regulation: Coordination of Markets and Curation of Sociality," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2020-02, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    21. Markus Dertwinkel-Kalt & Christian Wey, 2022. "Why “Energy Price Brakes” Encourage Moral Hazard, Raise Energy Prices, and Reinforce Energy Savings," CESifo Working Paper Series 10163, CESifo.
    22. Xing Huan & Gary John Previts & Antonio Parbonetti, 2023. "Understanding the LIBOR scandal: the historical, the ethical, and the technological," Journal of Banking Regulation, Palgrave Macmillan, vol. 24(4), pages 403-419, December.
    23. Nicolle, Adrien & Massol, Olivier, 2023. "Build more and regret less: Oversizing H2 and CCS pipeline systems under uncertainty," Energy Policy, Elsevier, vol. 179(C).

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