A Behavioural Approach to Antitrust Law and Economics

Tor, Avishalom

Abstract

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A Behavioural Approach to Antitrust Law and Economics

Avishalom Tor

Notre Dame Law School

Consumer Policy Review, Vol. 14, No. 1, 2004

Abstract:
Unlike traditional antitrust analysis, a behavioural approach to antitrust law and economics is grounded in empirical observations of human behaviour. These reveal that judgments and decisions by real decision-makers in the market deviate systematically from those predicted by the rational actor-based models of traditional antitrust law and economics. The behavioural approach therefore has the potential to identify more accurately those harmful anticompetitive market behaviours.

Number of Pages in PDF File: 4

Keywords: antitrust law, competitive markets, economics, behavioural approach, law

JEL Classification: K21, K22, K00, K30, K39, K40, K49

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Date posted: June 6, 2006 ; Last revised: January 11, 2009

Suggested Citation

Tor, Avishalom, A Behavioural Approach to Antitrust Law and Economics. Consumer Policy Review, Vol. 14, No. 1, 2004. Available at SSRN: http://ssrn.com/abstract=906501

Contact Information

Avishalom Tor (Contact Author)

Notre Dame Law School ( email )

P.O. Box 780
Notre Dame, IN 46556-0780
United States