Economics of Competition

ISBN-13: 9781622574162 / Angielski / Twarda / 2013 / 151 str.

Georg Leismuller;Elias J Schimpf

Opis

According to conventional economic wisdom, it is believed that the beneficial functioning of competition is not secured spontaneously but must be supported by state action. Topics discussed in this book include the competition and antitrust policy in the Austrian economic perspective; competition in the pharmaceutical market in Austria; a study of the greed factor in capitalism; consumption behaviours in a vertical differentiation model; the effects of mergers in the retail sector; and market competition with irrational agents.