A Behavioural Approach to Antitrust Law and Economics
Notre Dame Law School
Consumer Policy Review, Vol. 14, No. 1, 2004
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, K49Accepted Paper Series
Date posted: June 6, 2006 ; Last revised: January 11, 2009
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