The Contribution of Management Studies to Understanding Firm Behaviour and Competition Law

28 Pages Posted: 6 Aug 2015

See all articles by Shilpi Bhattacharya

Shilpi Bhattacharya

Jindal Global Law School

Roger van den Bergh

Erasmus University Rotterdam (EUR) - Erasmus School of Law

Date Written: December 2014

Abstract

Notwithstanding criticisms, behavioural economics has found a place in competition policy discussions. This paper explores how contributions from the field of management studies may strengthen behavioural theories of the firm and competition law. Various linkages may be drawn between management studies and the behavioural theory of the firm, which can inform existing debates within behavioural antitrust. Both disciplines relate a firm’s internal processes to its competitive position in the market. Further, both disciplines emphasize the cognitive limitations of managers and the effect of organizational structures on firm behaviour. The empirical findings of management studies supplement behavioural theories of the firm. This paper examines the insights from management studies and behavioural theories of the firm with the objective of determining whether these insights can lead to a better understanding of firm behaviour, which in turn may be able to inform the normative debate in competition law.

Suggested Citation

Bhattacharya, Shilpi and van den Bergh, Roger, The Contribution of Management Studies to Understanding Firm Behaviour and Competition Law (December 2014). World Competition: Law and Economics Review, Vol. 37, No. 4, 2014, Available at SSRN: https://ssrn.com/abstract=2640042

Shilpi Bhattacharya (Contact Author)

Jindal Global Law School ( email )

Sonipat
India

Roger Van den Bergh

Erasmus University Rotterdam (EUR) - Erasmus School of Law ( email )

3000 DR Rotterdam
Netherlands
+31 10 408 1616 (Phone)
+31 10 408 9191 (Fax)

HOME PAGE: http://www.frg.eur.nl/rile/vdbergh.htm

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