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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
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dc.contributor.author | Christiansen, Arndt | en |
dc.contributor.author | Kerber, Wolfgang | en |
dc.date.accessioned | 2006-10-10 | - |
dc.date.accessioned | 2010-02-12T14:19:45Z | - |
dc.date.available | 2010-02-12T14:19:45Z | - |
dc.date.issued | 2006 | - |
dc.identifier.uri | http://hdl.handle.net/10419/29855 | - |
dc.description.abstract | Both in US antitrust and EU competition policy a development to a broader appli-cation of rule of reason instead of per se rules can be observed. In the European discussion the attempt to base competition policy on a more economic approach is mainly viewed as im-proving the economic analysis in the assessment of specific cases. In this paper it is shown from a general law and economics perspective that the application of rules instead of focus-sing on case-by-case analyses can have many advantages (less regulation costs, rent seeking and knowledge problems), although an additional differentiation of rules through a deeper assessment can also have advantages in regard to the reduction of decision errors of type I and II. After introducing the notion of a continuum of more or less differentiated rules, we show - based upon law and economics literature upon the optimal complexity of rules - in a simple model that a competition rule is optimally differentiated, if the marginal reduction of the sum of error costs (as the marginal benefit of differentiation) equals the marginal costs of differen-tiation. This model also allows for a more detailed analysis of the most important determi-nants of the optimal degree of rule-differentia¬tion. From this law and economics perspective, competition policy should consist mainly of (more or less differentiated) rules and should only rarely rely on case-by-case analysis. Therefore the main task of a more economic ap-proach is to use economics for the formulation of appropriate competition rules. | en |
dc.language.iso | eng | en |
dc.publisher | |aPhilipps-Universität Marburg, Fachbereich Wirtschaftswissenschaften |cMarburg | en |
dc.relation.ispartofseries | |aMarburger Volkswirtschaftliche Beiträge |x2006,06 | en |
dc.subject.jel | K21 | en |
dc.subject.jel | K40 | en |
dc.subject.jel | L40 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Competition Policy | en |
dc.subject.keyword | European Competition Law | en |
dc.subject.keyword | Rule of Reason | en |
dc.subject.stw | Wettbewerbspolitik | en |
dc.subject.stw | EU-Politik | en |
dc.subject.stw | EU-Staaten | en |
dc.subject.stw | USA | en |
dc.title | Competition policy with optimally differentiated rules instead of per se rules vs. rule of reason | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 518536432 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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