Competition, Innovation, and Antitrust (eBook, PDF)
Federico Etro
eBook, PDF

Competition, Innovation, and Antitrust (eBook, PDF)

A Theory of Market Leaders and Its Policy Implications

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Competition, Innovation, and Antitrust develops a theory of market leadership in the presence of endogenous entry of firms and applies it to models of competition in the market and for the market. On this basis, the author provides a new approach to antitrust policy which is in support of the Chicago school but founded on a solid game-theoretic framework. The analysis is applied to the study of market leadership in the New Economy and of the recent antitrust cases involving Microsoft.Federico Etro is Associate Professor of Economics at the University of Milan, Bicocca, and President of the Int...

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