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Are Predatory Commitments Credible?
John Lott
€ 62.78
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Description for Are Predatory Commitments Credible?
Hardback. Predatory pricing has long been a contentious issue among lawmakers and economists. Legal actions are continually brought against companies. But the question remains: how likely are firms to cut prices in order to drive rivals out of business? This text makes an analysis of this topic. Series: Studies in Law & Economics. Num Pages: 78 pages, 4 line drawings, 17 tables. BIC Classification: KCA; KCC; KJG. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 235 x 160 x 20. Weight in Grams: 410.
Predatory pricing has long been a contentious issue among lawmakers and economists. Legal actions are continually brought against companies. But the question remains: how likely are firms to cut prices in order to drive rivals out of business? Predatory firms risk having to keep prices below cost for such an extended period that it would become cost-prohibitive. Recently, economists have turned to game theory to examine circumstances under which predatory tactics could be profitable. John R. Lott, Jr. provides empirical analysis in this book. By examining firms accused of or convicted of predation over a 30-year period of time, he ... Read more
Predatory pricing has long been a contentious issue among lawmakers and economists. Legal actions are continually brought against companies. But the question remains: how likely are firms to cut prices in order to drive rivals out of business? Predatory firms risk having to keep prices below cost for such an extended period that it would become cost-prohibitive. Recently, economists have turned to game theory to examine circumstances under which predatory tactics could be profitable. John R. Lott, Jr. provides empirical analysis in this book. By examining firms accused of or convicted of predation over a 30-year period of time, he ... Read more
Product Details
Format
Hardback
Publication date
1999
Publisher
The University of Chicago Press United States
Number of pages
78
Condition
New
Series
Studies in Law & Economics
Number of Pages
176
Place of Publication
, United States
ISBN
9780226493558
SKU
V9780226493558
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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