A Behavioural Approach to Antitrust Law and Economics

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

4 Pages Posted: 6 Jun 2006 Last revised: 11 Jan 2009

Avishalom Tor

Notre Dame Law School; University of Haifa - Faculty of Law

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.

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

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

Suggested Citation

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

Avishalom Tor (Contact Author)

Notre Dame Law School ( email )

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

University of Haifa - Faculty of Law ( email )

Mount Carmel
Haifa, IN IN 31905
Israel

Paper statistics

Downloads
513
Rank
43,736
Abstract Views
2,243