Are predatory commitments credible?
Subtitle: who should the courts believe?
By: John R. Lott, Jr.
Series: Studies in law and economics; Studies in law and economics (Chicago, Ill.)
Publisher: University of Chicago Press
Published: 1999
Place of publication: Chicago
Language: eng
Number of pages: 173
Subjects: Predatory pricing -- United States.; Antitrust law -- United States.
Description: "In Are Predatory Commitments Credible? Who Should the Courts Believe? John Lott provides long-awaited empirical analysis of predatory pricing. By examining firms accused of or convicted of predation over a thirty-year period, he shows that these firms are not organized as game-theoretic or other models of predation would predict. In contrast, what evidence exists for predation suggests that government enterprises are more of a threat and are more likely to engage in predatory behavior than private firms.

This work will be of great interest to economists, legal scholars, and antitrust policy makers."--BOOK JACKET.
Notes: Includes bibliographical references (p. [155]-164) and index.