Economics of regulation and antitrust
By: W. Kip  Viscusi, John M. Vernon, Joseph E. Harrington, Jr.
Contributors: Vernon, John M.; Harrington, Joseph Emmett, 1957-
Edition: 3rd ed.
Publisher: MIT Press
Published: 2000
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 864
Subjects: Industrial policy -- United States; Trade regulation -- United States; Antitrust law -- United States
Description: Departing from the traditional emphasis on institutions, this text emphasizes the use of economic theory and empirical analysis to understand regulatory and antitrust policies. Questions addressed include: What are the market failure rationales for, and what is the appropriate form of, government intervention? What does theory show about competition in the presence of a market failure and the implications of government intervention to correct that failure? What do empirical analyses indicate about our regulatory experience and the direction of future intervention?
Notes: Includes bibliographical references and indexes.