by W. Kip Viscusi, Joseph E. Harrington, John M. Vernon
|
| List Price: | $82.00 |
| Amazon Price: | $65.60 & eligible for FREE Super Saver Shipping on orders over $25. |
| You Save: | $16.40 (20%) |
| Average Rating: |  |
| Lowest New Price: | $49.78 |
| Availablitiy: | Usually ships in 24 hours |
|
 |
|
Product Description
This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions.
The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.
The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.
Customers who bought this item also bought
Average Customer Review:
2 of 4 people found the following review helpful:
Serviceable, 2008-01-28
In my opinion, this book emphasized history and historical cases too much. While I believe empirical data are important for evaluating economic theory, I thought this book went overboard. Also, I found it annoying that many relevant facts to example problems (e.g., marginal costs) were not conveniently displayed near the graph, but rather, hidden somewhere within the text describing the example. Similarly, it would sometimes present important conclusions in the form of block quotes from authoritative figures, which can be useful for some purposes, but is usually just annoying. All in all, I wouldn't say this book is horrible, but I think there are probably better alternatives available.
0 of 0 people found the following review helpful:
 Regulators should read it, 2007-06-26
Economics of Regulation and Antitrust offers a broad conclusion on Regulation and Antitrust policies. The issues are well described and easily to understand. Best suited for graduate students in Economics.
3 of 10 people found the following review helpful:
 Horrible, 2007-06-03
This read like a math book with a few interesting facts. I was dumbfouned by reading this book. I would get to class and my professor would explain things using the same examples from the book and I would understand. The book is impossible to follow. It will give you a million variables and different numbers to think about, and then later expect you to remember something it briefly mentioned two paragraphs ago. If you can learn from reading a math book and no class room instruction; I not only would like to meet you but hand you this book. You would probably love it and understand antitrustlaw and regulation as well as the douches at MIT that wrote the thing.
9 of 10 people found the following review helpful:
 Heavy life saver!, 2005-02-13
Seldom books on economic theory, particularly on regulation and antitrust are as clearly and professionally written as this one. A student of economics and Ph.D. hopeful, I keep this book within my hand reach at all times.
Economics of Regulation and Antitrust cites numerous antitrust and regulatory cases from American and European history and is thought provoking rather than doctrinal. The graphs are exceptionally easy to read and understand. Particularly well written are chapters on regulation of American transportation.
I continue to use this book for my research and highly recommend it to anybody who is seriously interested in understanding the logic behind regulation acts, game theory, and franchise bidding.
1 of 12 people found the following review helpful:
This Book Stinks, 2004-04-20
If you are looking for a nonconsistant book that jumps around and does not follow through on its explanation of certain topics than this is the book for you!
Price is accurate as of the date/time indicated. Prices and product availability are subject to change. Any price displayed on the Amazon website at the time of purchase will govern the sale of this product.
|
Store Categories
|