We study the feasibility and profitability of predation in a dynamic environment, using a parsimonious infinite … Markov perfect equilibrium, which can be of three types: accommodation, monopolization, and recurrent predation. We then … analyze and compare the welfare effects of different antitrust policies, accounting for the possibility that recurrent predation …

We study the feasibility and profitability of predation in a dynamic environment, using a parsimonious infinite … Markov perfect equilibrium, which can be of three types: accommodation, monopolization, and recurrent predation. We then … analyze and compare the welfare effects of different antitrust policies, accounting for the possibility that recurrent predation …

predation. The Supreme Court has described predatory pricing as “rarely tried” and “rarely successful” and has established a …) are motivated to fund predation—and startup founders are motivated to execute it—because it can fuel rapid, exponential … attractive price to later investors who anticipate years of monopoly pricing. In this Article, we argue that venture predation …