The problems connected with anti-trust policies in an economy based upon competition are many and varied. This collection of essays written from many points of view attempts to deal with specific issues related to general themes of government and private policy. The contributions consider such...

Frontmatter -- PREFACE -- CONTENTS -- PART ONE. SOME BACKGROUND AND SOME THEORY -- CHAPTER I. INTRODUCTION -- CHAPTER II. A THEORY OF INTERFIRM ORGANIZATION -- PART TWO. SOME CASES -- CHAPTER III. CONSCIOUS PARALLELISM AND THE INFORMAL ORGANIZATION OF OLIGOPOLY -- CHAPTER IV. EXEMPTED...

INTRODUCTION During the past dozen years a relatively large theoretical literature has grown out of the models proposed by Averch‐Johnson (2) and, to a lesser extent, Wellisz (90). Averch‐Johnson (here‐after A‐J) pointed out the now famous overcapitalization effect‐that a monopoly...