Showing 1 - 10 of 22
Antitrust emerged in the 1950s and became dominant in the US. We show the extent to which economic objectives and theoretical … views shaped antitrust laws in their inception. After establishing the minor influence of economics in the promulgation of … US competition laws, we then highlight US economists' very cautious views about antitrust until the Second New Deal. We …
Persistent link: https://www.econbiz.de/10010899680
In this paper, we present a non-cooperative wage bargaining model in which preferences of both parties, a union and a firm, are expressed by the sequences of discount rates varying in time. For such a wage bargaining with non-stationary preferences, we determine subgame perfect equilibria...
Persistent link: https://www.econbiz.de/10008790951
entre la vieille loi des patents et la toute nouvelle législation antitrust. Les différentes expériences dans l …
Persistent link: https://www.econbiz.de/10011026195
From the perspective of antitrust authorities, the multiplication of patents embodied in technology standards is a … that have fueled antitrust debates and economic research during the last decade. On the one hand, patent owners may be … conditions, patent pools should be accepted by antitrust authorities. On the other hand, patent owners may be tempted to …
Persistent link: https://www.econbiz.de/10008789156
La politique de concurrence est complexe. Les incertitudes portent à la fois sur la définition même des règles mais aussi sur la mise en oeuvre de la politique. Les entreprises doivent gérer ces incertitudes qui peuvent constituer à la fois une contrainte mais aussi une source...
Persistent link: https://www.econbiz.de/10008790707
This paper offers a framework to study commitment and cooperation issues in games with multiple policymakers. To reconcile some puzzles in the recent literature on the nature of policy interactions among nations, we prove that games characterized by different commitment and cooperation schemes...
Persistent link: https://www.econbiz.de/10010738606
We consider a model where the central bank faces a credibility problem in its announcements, but also cares about its … credibility and, therefore, wants to make truthful announcements. We show that, although the central bank would be able to …
Persistent link: https://www.econbiz.de/10008836788
In 1940 Schumpeter wrote a paper entitled: "The Meaning of Rationality in the Social Sciences", which was intended to …, that he took the initiative to start. In this paper Schumpeter develops thoroughly his own conception of rationality in … indeed interestingly anticipates some important debates concerning the problem of rationality and behavior in economics and …
Persistent link: https://www.econbiz.de/10010738554
We develop a general method to solve models of interactions between multiple and possibly strategic agents. Our model explains apparently irrational or biased behaviors in a person. We argue that these actions could result from several rational structures having different goals. Our main example...
Persistent link: https://www.econbiz.de/10010899628
After a few centuries of speeding up, the distribution of GNP's growth rates has widely changed all round the world. Growth is slowing down in advanced countries and has accelerated in emerging countries. Moreover growth is questioned as a matter of principle. Considering the vast array of...
Persistent link: https://www.econbiz.de/10010899774