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English
Cambridge University Press
15 February 2001
Market Structure and Competition Policy applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organisation, economists have developed a better understanding of how real world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.

Edited by:   , ,
Imprint:   Cambridge University Press
Country of Publication:   United Kingdom
Dimensions:   Height: 237mm,  Width: 160mm,  Spine: 26mm
Weight:   627g
ISBN:   9780521783330
ISBN 10:   052178333X
Pages:   308
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

George Norman is the holder of the Cummings Family Chair in Entrepreneurship and Business Economics at Tufts University and is the Director of the Graduate Program in Economics. His publications include Economies of Scale, Transport Costs, and Location, The Economics of Imperfect Competition: a spatial approach, and Industrial Organization: Contemporary Theory and Practice (with D. Richards and L. Pepall). Jacque-Francois Thisse is Professor of Economics in the Center for Operations Research and Econometrics at the Universite Catholique de Louvain. He is the author of Does Economic Space Matter? and Discrete Choice Theory of Product Differentiation.

Reviews for Market Structure and Competition Policy: Game-Theoretic Approaches

Oe's (The Silent Cry, 1975, etc.) first new book since his 1994 Nobel Prize for Literature is a slender memoir returning to a familiar subject, his brain-injured son. The novelist has written about his first son Hikari's development on several occasions, in short stories, novels, and essays. Clearly, the experience of having a handicapped child is one that has marked his creative development, although that aspect of his life is covered only obliquely in this collection of essays about Hikari and the rest of the Oe family. The book's title carries a double meaning, repeatedly restated throughout its 15 essays (and in an afterword by Oe's wife, Yukari, who also provides the delicate line drawings at the head of each chapter). The Oe family has undergone a process of healing, achieving an acceptance of Hikari's limitations and a willingness, even eagerness, to let him test their boundaries. At the same time, their life with Hikari has left them better equipped to extend themselves to one another, to be a family that heals. This is nowhere more apparent than in Oe's many references to the strains caused by the presence of his 90-year-old mother-in-law, frail and quite senile, in the family home. Today Hikari is in his 30s, a serious and well-regarded composer of chamber music. Music, Oe says, has long provided Hikari's primary means of communication with an outside world that he often finds baffling. It is his music that occasions the book's most triumphant and moving moments, a musical tour of Europe in which Hikari gets to hear and meet many great European musicians in person. Oe's treatment of his family's struggle is always frank and shines with the quiet, unassuming intelligence and decency that has consistently been at the heart of his work. A lovely book, low-key, avoiding easy sentimentality, honest to a fault. (Kirkus Reviews)


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