Cartels (International Library of Critical Writings in Economics) - Hardcover

Salant, Stephen W; Levenstein, Margaret

 
9781840648638: Cartels (International Library of Critical Writings in Economics)

Synopsis

Though valuable to study on their own, many questions and issues true of cartels are pertinent to the wider world of economics, as the rich selection of articles in this two-volume collection makes clear. The articles and chapters selected by Levenstein and Salant (both are at the U. of Michigan, Ann Arbor) cover the theory and historic background of cartels, the 'cartel problem', monitoring and enforcement, and insiders and outsiders, with each of these topics subdivided according to theoretical or empirical approaches. Volume Two contains 28 articles grouped into the main topics of heterogeneity, vertical restraints, natural resource cartels, contracting and communication issues, collusion and investment, and contemporary international cartels. The articles are reproduced in facsimile of their original publication in journals that include Journal of Law, economics and organization; Economic inquiry; International economic review; Antitrust law journal; and Review of industrial organization. The editors provide an introduction to the topic and their selection. Name index only. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)

"synopsis" may belong to another edition of this title.

Review

"'Salant and Levenstein have brought together a dominant position in the English-language literature on cartels. This collection should be on the bookshelf of every economist seriously interested in competition policy.' - F.M. Scherer, Harvard University, US 'Issues of cartel formation, cartel stability and cartel detection have long been at the center of the study of industrial organization and the design and enforcement of regulatory policy. These volumes provide an invaluable collection of the most important articles in this field. They make accessible a number of important historical pieces and also provide a nice mix of theory and empiricism. They should form a standard reference for those interested in industrial organization in general and regulation in particular.' - George Norman, Tufts University, US"

"About this title" may belong to another edition of this title.