New PDF release: Experiments and Competition Policy

By Jeroen Hinloopen,Hans-Theo Normann

Economists have began to make a lot better use of experimental tools of their examine. The award of the Nobel Prize in 2002 to Vernon Smith proven that using such tools is now obvious as an immense and credible a part of the economist's toolkit. In Experiments and festival coverage, top students within the box of experimental economics survey using experimental equipment and exhibit how they could aid us to appreciate company behaviour when it comes to a number of kinds of pageant coverage. Chapters are equipped when it comes to the most fields of festival coverage - collusion, abusive practices and mergers - and there's additionally a separate part facing auctions and procurement. Written in a transparent and non-technical type, this quantity is a wonderful advent to what the more and more vital box of experimental economics can convey to the speculation and perform of pageant policy.

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Experiments and Competition Policy by Jeroen Hinloopen,Hans-Theo Normann

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