Taking the Error Out of 'Error Cost' Analysis:  What's Wrong with Antitrust's Right

Baker, Jonathan B.

doi:10.2139/ssrn.2333736

Download This Paper

Open PDF in Browser

Add Paper to My Library

Taking the Error Out of 'Error Cost' Analysis: What's Wrong with Antitrust's Right

Antitrust Law Journal , Vol. 80, No. 1, 2015

American University, WCL Research Paper No. 2016-13

39 Pages Posted: 1 Oct 2013 Last revised: 20 Jul 2015

See all articles by Jonathan B. Baker

Jonathan B. Baker

American University - Washington College of Law

Date Written: July 19, 2015

Abstract

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

Baker, Jonathan B., Taking the Error Out of 'Error Cost' Analysis: What's Wrong with Antitrust's Right (July 19, 2015). Antitrust Law Journal , Vol. 80, No. 1, 2015, American University, WCL Research Paper No. 2016-13, Available at SSRN: https://ssrn.com/abstract=2333736 or http://dx.doi.org/10.2139/ssrn.2333736