By Einar Hope
As markets turn into more and more built-in and globalised, festival coverage is dealing with new demanding situations. Contributions from top overseas specialists discover theoretical and methodological problems with useful relevance for the recent pageant coverage order and provides examples of useful coverage changes.
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Extra info for Competition Policy Analysis (Routledge Studies in the Modern World Economy, 25)
It might also mean that there is something wrong with economic analysis (either because economic analysis is insufficiently developed or because it is not relevant as a guide for designing or implementating competition policy and law). Therefore this second implicit assumption also needs to be discussed. The legitimate goals of competition law and competition policy Defining the legitimate goals of competition policy and competition law has been the subject of an intense debate in recent years.
K. (1956) American Capitalism: The Concept of Countervailing Power, Boston: Houghton Mifflin. Krugman, P. (1993) ‘The narrow and broad arguments for free trade’, American Economic Review 83 May, 362–366. , Swedenborg, B. and Thygesen, N. (1994) Turning Sweden Around, Cambridge, MA: The MIT Press. G. and Lancaster, K. (1956–57) ‘The general theory of second best’, Review of Economic Studies 24, 11–32. Pareto, V. (1896–97) Cours d’économie politique, Lausanne: Rouge. Smith, A. (1776) An Inquiry into the Nature and Causes of the Wealth of Nations, Edinburgh.
It is fair to say that the populist view of competition policy which in many countries was the dominant view until the end of the 1970s has since given way to a generally more subtle interpretation of competition laws that is more in line with economic analysis. Competition law and policy 21 In certain international fora, such as the OECD, a great deal of attention has been devoted to the (micro-)economic analysis of market mechanisms. This has led such organizations to promote competition policy and law and marketoriented reforms.
Competition Policy Analysis (Routledge Studies in the Modern World Economy, 25) by Einar Hope