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Are Predatory Commitments Credible?: Who Should the Courts Believe?

John R. Jr Lott




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 | #3773020 in Books |  1999-07-01 | Original language:English | PDF # 1 |  9.00 x1.10 x6.00l,.93 | File type: PDF | 176 pages

||12 of 12 people found the following review helpful.| Terrific book|By Richard Mckenzie|If you like logical discussions that lead to insights you had not anticipated, this is a book you will enjoy. One such insight is that the predatory commitments of government agencies are likely to be more credible than the predatory commitments of private firms. Lott's book is one of those infrequently found books that requires that you| |...in Are Predatory Commitments Credible?, John R. Lott Jr. masterfully picks apart the game theorists' argument. -- The Wall Street Journal, David R. Henderson

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 co...

You can specify the type of files you want, for your gadget.Are Predatory Commitments Credible?: Who Should the Courts Believe?   |  John R. Jr Lott. I was recommended this book by a dear friend of mine.

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