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Industrial Organization, Antitrust, and Public Policy

  • Editors
  • John V. Craven

Part of the Middlebury Conference Series on Economic Issues book series (MCSEI)

Table of contents

  1. Front Matter
    Pages i-viii
  2. The Relevance of Antitrust

    1. Front Matter
      Pages 1-1
    2. Alfred E. Kahn
      Pages 3-17
    3. Willard F. Mueller
      Pages 19-40
    4. David B. Audretsch
      Pages 69-88
    5. Robert E. Smith
      Pages 89-105
  3. Concentration and Behavior

    1. Front Matter
      Pages 107-107
    2. Ralph M. Bradburd, A. Mead Over Jr.
      Pages 109-128
    3. Peter J. Meyer, Katherine M. Garber, Barbara A. Pino
      Pages 145-161
  4. Toward a Minimum Socially Optimal Scale

    1. Front Matter
      Pages 163-163
    2. William G. Shepherd
      Pages 165-204
  5. Extending the Reach of Antitrust

    1. Front Matter
      Pages 205-205
    2. Steven Schwartz
      Pages 207-241
    3. Katherine Maddox McElroy, John J. Siegfried, George H. Sweeney
      Pages 243-266
  6. Back Matter
    Pages 267-267

About this book

Introduction

This book contains a selection of the papers presented at the third annual Middlebury College Conference on Economic Issues, held in April, 1981. The theme of the conference was "Industrial Organization and Public Policy. '' It is perhaps testimony to the complexity of our industrial structure that thirty years have passed without legislative action on antitrust even as the field of industrial organization has been heavily mined by scholars. Evidence that Congress prefers a hands-off policy seems now stronger than ever. This book seeks to present analyses and assessments that would aid the reader in judging the correctness of such public policy. Alfred Kahn, in Part I, questions whether scholars whose concerns lie in the field of industrial organization can contribute significant insights to the major problems of the day - inflation, declining productivity, rising costs of resources, and income allocation. Although the paper following is not a direct response to Professor Kahn's skepticism, Willard Mueller presents in it a lively attack on those who discount the importance of an activist antitrust policy. Given the rather sharply contrasting views of Professors Mueller and Kahn, Oliver Williamson's contribution is an op­ portune perspective of where antitrust enforcement has been in the past two decades, and where it is going in the 1980s. Part I concludes with David Audretsch's assessment of the effectiveness of the enforcement of our merger law, followed by Robert Smith's proposal that we tie antitrust action more closely and more logically to macro stabilization policies.

Keywords

Industrial Organization

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-017-1874-5
  • Copyright Information Springer Science+Business Media B.V. 1983
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-017-1876-9
  • Online ISBN 978-94-017-1874-5
  • Buy this book on publisher's site
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