{"product_id":"regulation-misled-by-misread-theory-perfect-competition-and-competition-imposed-price-discrimination-9780844713908","title":"Regulation Misled by Misread Theory: Perfect Competition and Competition-Imposed Price Discrimination","description":"Regulation Misled by Misread Theory changes how we think about economics. Standard economics has long held that firms can price discriminate only when they have monopoly power. Antitrust authorities and other regulators are thus tempted to use the existence of price discrimination as one indicator that a firm should possibly be subject to government investigation. In this monograph Professor Baumol shows that price discrimination not only exists in competitive markets but sometimes is a crucial feature of them. Baumol concludes by urging regulators to tread carefully when applying theory to policy.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e William J. Baumol\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Rowman \u0026amp; Littlefield Publishers\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/01\/2004\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 52\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.17lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.52h x 5.56w x 0.17d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780844713908","brand":"Rowman \u0026 Littlefield Publishers","offers":[{"title":"Paperback","offer_id":40219117912179,"sku":"9.78E+12","price":13.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_740c7caa-1fe7-473f-aa57-05dcaab901c9.jpg?v=1656596695","url":"https:\/\/bookstorenmore.com\/en-de\/products\/regulation-misled-by-misread-theory-perfect-competition-and-competition-imposed-price-discrimination-9780844713908","provider":"Bookstore N More","version":"1.0","type":"link"}