Schumpeterian Competition and Antitrust

Agricultural Contracting, Competition, and Antitrust

Two powerful and related trends in the organization of U.S. farming are: production is shifting to larger family farms and agricultural contracts are increasingly being used to guide the production and marketing of farm commodities. These combined structural changes affect productivity and costs in agriculture and in the broader food sector, and also affect the financial returns to farmers, ben...

Managed competition, integrated delivery systems and antitrust.

Antitrust, competition, and health care reform.

The goals of health care reform and the antitrust laws are similar: promotion of consumer welfare. Under reform, having large groups of consumers and providers will offer substantial efficiencies in purchasing and providing health care services but also will pose some antitrust risks. Health alliances may have excessive market power. Health plans and provider networks may have the potential to ...

Bridging the Gap between Schumpeterian Competition and Evolutionary Game Theory

This paper suggests that the analysis of Schumpeterian competitionwithin the Nelson--Winter model should be complemented with evolutionary game theory. This model and its limitations for density-dependent Schumpeterian strategies are presented in terms of the equations of evolutionary dynamics. Formulated as evolutionary games, the set of strategies can easily be extended from innovators and im...

Antitrust Law and Competition for Distribution

An unsettled area of antitrust law is the regulation of the competitive process for product distribution and promotion. Competition for distribution involves vertical contracting with respect to product placement, promotional activity, or the decision to carry a particular product. This process includes controversial practices recently subject to intense scrutiny such as slotting allowances, lo...