Taking the Error Out of 'Error Cost' Analysis: What's Wrong with Antitrust's Right
39 Pages Posted: 1 Oct 2013 Last revised: 21 Jun 2016
Date Written: July 19, 2015
This article catalogues a series of erroneous assumptions about the current competition policy environment made by today’s antitrust conservatives. These errors inappropriately tilt the application of a neutral economic tool, decision theory, toward non-interventionist outcomes.
Keywords: antitrust, decision theory, error costs
JEL Classification: K21, L40
Suggested Citation: Suggested Citation