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Competition and the Objectives of Government Policy

In: Monopoly and Competition and their Regulation

Author

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  • J. M. Clark

    (Columbia University)

Abstract

IN an earlier version of the programme, this paper was assigned the topic: ‘ How to make competition work ’. That is a formidable assignment; but I hope it was something besides a desire to escape from its heavy demands which caused me to raise the prior question: ‘How do we want competition to work? To what extent do we really want it, and what do we want it to do for us, and to us? ’ It seems that we — meaning American economists — have been taking the desirability of competition for granted for a considerable term of years, during which things have been happening, in the realms of theory and practice both, which have changed the perspective in which we see a number of our economic objectives; and that it may be worth-while to re-examine the rationale of our position on the subject of competition.

Suggested Citation

  • J. M. Clark, 1954. "Competition and the Objectives of Government Policy," International Economic Association Series, in: Edward H. Chamberlin (ed.), Monopoly and Competition and their Regulation, pages 317-337, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-08434-0_17
    DOI: 10.1007/978-1-349-08434-0_17
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    Citations

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    Cited by:

    1. Chrysostomos Mantzavinos, 2004. "The Institutional-Evolutionary Antitrust Model," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2004_1a, Max Planck Institute for Research on Collective Goods.
    2. Hunt, Shelby D. & Arnett, Dennis B., 2006. "Does marketing success lead to market success?," Journal of Business Research, Elsevier, vol. 59(7), pages 820-828, July.
    3. Good, David J. & Stone, Robert W., 1995. "Computer technology and the marketing organization : An empirical investigation," Journal of Business Research, Elsevier, vol. 34(3), pages 197-209, November.
    4. Mantzavinos C., 2005. "Das institutionenökonomisch-evolutionäre Wettbewerbsleitbild / Competition Policy from an Institutional-Evolutionary Perspective," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 225(2), pages 205-224, April.
    5. Shelby D. Hunt, 2011. "Developing successful theories in marketing: insights from resource-advantage theory," AMS Review, Springer;Academy of Marketing Science, vol. 1(2), pages 72-84, June.

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