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Recent Advances In The Analysis Of Competition Policy And Regulation

Recent Advances In The Analysis Of Competition Policy And Regulation

Author: Joseph E. Harrington Jr; Yannis Katsoulacos
Publisher: Edward Elgar Publishing
ISBN: 9781781005682
Published In: June 2012
Format: Hardback , 400 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

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‘This volume collects a number of original, cutting-edge contributions that take the reader swiftly and easily to the frontier of research on most of the current hot topics in industrial organization, antitrust and regulation. Skillfully edited by two outstanding leaders in the field, the volume will be a precious source for students, researchers and practitioners that need to figure out what research has achieved in recent years on these important policy issues.’
– Giancarlo Spagnolo, SITE – Stockholm School of Economics and University of Tor Vergata, Sweden

This state-of-the-art volume highlights important recent research contributions covering all the significant themes surrounding competition policy and regulation, including financial regulation and multisided markets.

Bringing scholars and policymakers to the frontiers of research and addressing the critical issues of the day, the book presents original important new theoretical and empirical results. The distinguished contributors include: P. Agrel, K. Alexander, J. Crémer, X. Dassiou, G. Deltas, F. Etro, L. Filistrucchi, P. Fotis, M. Gilli, J. Harrington Jr, T. Huertas, M. Ivaldi, B. Jullien, V. Marques, M. Peitz, Y. Spiegel, E. Tarrantino and G. Wood.

Recent Advances in the Analysis of Competition Policy and Regulation will prove insightful for academic economists, consultants and policymakers interested in these fields.

Introduction
Joseph E. Harrington Jr and Yannis Katsoulacos

PART I: COMPETITION POLICY AND RELATED ISSUES
1. Switching Costs and Network Effects in Competition Policy
Jacques Crémer and Gary Biglaiser

2. Corporate Leniency with Private Information: An Exploratory Example
Joseph E. Harrington Jr

3. The Economics of Pending Patents
Johannes Koenen and Martin Peitz

4. Testing for the Presence of a Maverick in the French Audit Industry
Marc Ivaldi, Sébastien Mitraille and Catherine Muller

5. Optimal Decisions in Two-stage Bundling
Xeni Dassiou and Dionysius Glycopantis

6. Competition Policy and Firm’s Damages
Panagiotis N. Fotis

7. Social-Welfare-Enhancing Collusion and Trade
George Deltas, Alberto Salvo and Helder Vasconcelos

PART II: ONLINE SEARCH, ADVERTISING AND TWO-SIDED MARKETS
8. A Note on Vertical Search Engines’ Foreclosure
Emanuele Tarantino

9. Issues in Online Advertising and Competition Policy: A Two-sided Market Perspective
Emilio Calvano and Bruno Jullien

10. Assessing Unilateral Merger Effects in the Dutch Daily Newspaper Market
Lapo Filistrucchi, Tobias J. Klein and Thomas O. Michielsen

11. Leadership in Multi-sided Markets and Dominance in Online Advertising
Federico Etro

PART III: REGULATION
12. Bargaining and Collusion in a Regulatory Model
Raffaele Fiocco and Mario Gilli

13. Investment and the Strategic Role of Capital Structure in Regulated Industries: Theory and Evidence
Carlo Cambini, Laura Rondi and Yossi Spiegel

14. Rethinking Regulatory Capture
Per J. Agrell and Axel Gautier

15. Can Structural Models be Useful to Understand the Electricity Wholesale Markets? An Application to Spain
Vítor Marques, Adelino Fortunato and Isabel Soares

PART IV: FINANCIAL REGULATION
16. Rebuilding International Financial Regulation and Basel III
Kern Alexander

17. The Shock of the Old: The First Financial Crisis of the Twenty-first Century
Geoffrey Wood

18. Fixing Finance: Are We There Yet?
Thomas F. Huertas

Index

Edited by Joseph E. Harrington Jr., Professor of Economics, Johns Hopkins University, US and Yannis Katsoulacos, Professor of Economics, Athens University of Economics and Business, Greece