Innovazione e tutela della concorrenza fra teoria e prassi
The enforcement of competition law suffers from the lack of adequate tools to study the markets in which innovation and, more generally, economic change are the main drivers of competition. In such cases, the traditional (microeconomic) analytical framework, based as it is on the trade-off between static and dynamic efficiency, is only able to provide unsatisfactory answers, affected by structural discretionality. This inadequate outcome originates from the fact that the underlying theory is not fit for practical implementation. The article aims at providing a description of the fundamental features of change-based competition - and of its efficiency in terms of dynamic social welfare - as derived from the mainstream literature on management science. This framework is then used to develop some general principles for the enforcement of competition rules.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:mul:j0hje1:doi:10.1430/20328:y:2005:i:3:p:495-518. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.