Description

Book Synopsis
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? This text makes an analysis of this topic.

Table of Contents
Preface 1. The Debate on Predation 2. Reputational Models of Predation: Testing the Assumptions 3. Nonprofit Objectives and Credible Commitments: What Does This Imply for Government Enterprises? 4. Are Government or Private Enterprises More Likely to Engage in Predatory Behavior? Some International Evidence 5. What Happens When the Victims Have Better Information Than the Predators? 6. Some Final Thoughts Appendixes A. Explaining the Framework Used to Evaluate the Legitimacy of Anti-dumping Cases B. Data Appendix C. Analyzing How the Profitability of Entry Deterrence Is Affected by the Possibility of Trading Profits Notes References Index

Are Predatory Commitments Credible Who Should

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    A Hardback by Jr. Lott John R.

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      Book details

      Publisher The University of Chicago Press
      Published 7 January 1999
      ISBN-13 9780226493558
      978-0226493558
      ISBN-10 0226493555
      Also in:
      Business, Finance & Law Business ethics and social responsibility Economic theory and philosophy Microeconomics

      Description

      Book Synopsis
      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? This text makes an analysis of this topic.

      Table of Contents
      Preface 1. The Debate on Predation 2. Reputational Models of Predation: Testing the Assumptions 3. Nonprofit Objectives and Credible Commitments: What Does This Imply for Government Enterprises? 4. Are Government or Private Enterprises More Likely to Engage in Predatory Behavior? Some International Evidence 5. What Happens When the Victims Have Better Information Than the Predators? 6. Some Final Thoughts Appendixes A. Explaining the Framework Used to Evaluate the Legitimacy of Anti-dumping Cases B. Data Appendix C. Analyzing How the Profitability of Entry Deterrence Is Affected by the Possibility of Trading Profits Notes References Index

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