@NZComCom sees this price discounting as evidence of a stable cartel or tight oligopoly
21 Aug 2019 Leave a comment
in applied price theory, energy economics, industrial organisation, politics - New Zealand Tags: cartel theory, competition law
If so, you wonder how @NZComCom explains the survival of: legacy media, dot.com industries, MySpace, Yahoo, Uber, airlines and new or high fixed cost industries. More on that later
21 Aug 2019 Leave a comment
in entrepreneurship, industrial organisation, politics - New Zealand, survivor principle, theory of the firm Tags: competition law

I don’t see the variation here that the @NZComCom does (except that long thin countries are at the top)
21 Aug 2019 Leave a comment
in energy economics, industrial organisation, law and economics, politics - New Zealand Tags: competition law

Despite itself, @nzcomcom reveals rampant secret price discounting in the petrol cartel/oligopoly
21 Aug 2019 Leave a comment
in applied price theory, economics of bureaucracy, energy economics, entrepreneurship, industrial organisation, law and economics, politics - New Zealand, Public Choice, survivor principle Tags: cartel enforcement, cartel theory, competition law

@NZComCom has a very 1960s view of competition and new entry too
28 Jul 2019 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, industrial organisation, law and economics, politics - New Zealand, Public Choice, public economics, survivor principle Tags: competition law

Carlton and Peltzman on who founded the modern theory of competition and oligopoly
20 Jul 2019 Leave a comment

Why some bastard will always cheat on the agreement. Get your retaliation in first too.
17 Jul 2019 Leave a comment
in applied price theory, economics of information, industrial organisation, law and economics Tags: cartel enforcement, cartel theory, competition law, game theory, oligopoly

Pashigian and Self show most markets are competitive because there are too many sellers to successfully collude
14 Jul 2019 Leave a comment
in applied price theory, Austrian economics, industrial organisation, law and economics Tags: competition law, game theory

Why nations fail | James Robinson
28 May 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, economics of crime, economics of education, economics of regulation, growth disasters, growth miracles, income redistribution, industrial organisation, international economics, law and economics, property rights, Public Choice, public economics, rentseeking, survivor principle, technological progress Tags: competition law, The Great Enrichment
Introduction to Microeconomics (Lecture 9: Monopoly and Competition) Murray N. Rothbard
03 May 2019 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, economics of regulation, law and economics, politics - USA, Public Choice, rentseeking Tags: antitrust economics, competition law




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