The Unsound Theory Behind the Consumer (and Total) Welfare Goal in Antitrust

This is the first installment of a two-part commentary on the New Brandeis School in Antitrust. In this first part, I examine why the New Brandeis School is correct to reject the consumer welfare standard. Instead of arguing, as the New Brandesians do, that the consumer welfare standard leads to unacceptable outcomes, I argue that the consumer or total welfare standard was theoretically flawed and unrigorrous from the start

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Year of publication:	2019
Authors:	Glick, Mark
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Konsumentenverhalten \| Consumer behaviour \| Wettbewerbspolitik \| Competition policy \| Wohlfahrtsökonomik \| Welfare economics

Extent:	1 Online-Ressource (39 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 1, 2018 erstellt
Other identifiers:	10.2139/ssrn.3308882 [DOI]
Classification:	B13 - Neoclassical through 1925 ; B52 - Institutional; Evolutionary ; d04 ; D4 - Market Structure and Pricing ; D60 - Welfare Economics. General ; K00 - Law and Economics. General ; K21 - Antitrust Law
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012895831