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Recent Advances in the Analysis of Competition Policy and Regulation

Edited by: Jr. Joseph E. Harrington, Yannis Katsoulacos

ISBN13: 9781781005682
Published: June 2012
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £126.00



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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 research and contains important new theoretical and empirical results.

The distinguished contributors include: P. Agrel, K. Alexander, J. Cremer, X. Dassiou, G. Deltas, F. Etro, L. Filistrucchi, P. Fotis, M. Gilli, J. Harrington, T. Huertas, M. Ivaldi, B. Jullien, V. Marques, M. Peitz, Y. Spiegel, E. Tarrantino, G. Wood. Recent Advances in the Analysis of Competition Policy and Regulation will prove insightful for academic economists, consultants and policy makers interested in these fields.

Subjects:
Competition Law
Contents:
Introduction Yannis Katsoulacos and Joseph Harrington

PART I: COMPETITION POLICY AND RELATED ISSUES
1. Switching Costs and Network Effects in Competition Policy Jacques Cremer and Gary Biglaiser
2. Corporate Leniency with Private Information: An Exploratory Example Joseph Harrington
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, Sebastian 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: ON-LINE SEARCH, ADVERTISING AND TWO-SIDED MARKETS
8. A Note on Vertical Search Engines Foreclosure Emanuele Tarantino
9. Issues in On-line Advertising and Competition Policy: A Two-sided Market Perspective Emilio Calvano and Bruno Jullien
10. Assessing Unilateral Merger Effects in a Two-Sided Market: An Application to the Dutch Daily Newspaper Market Lapo Filistrucchi, Tobias J. Klein and Thomas Michielsen
11. Leadership in Multi-sided Markets and the 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 Vitor 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 21st Century Geoffrey Wood
18. Fixing Finance: Are We There Yet? Thomas F. Huertas