Arbeitspapier

The new institutional economics of antitrust and regulation

Hybrid governance structures between markets and hierarchies in many industries, e.g., in energy and telecommunications, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New Institutional Economics (NIE) for analyzing the economics of complex vertical and horizontal coordination problems. It sketches the specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues – the European policy concerning complex vertical contracts, regulatory reform of the electricity industry and the allocation of regulatory competencies in the EU – and presents some implications of NIE for economic policy making, research and advisory activities.

Sprache
Englisch

Erschienen in
Series: Kiel Working Paper ; No. 961

Klassifikation
Wirtschaft
Economics of Regulation
Legal Monopolies and Regulation or Deregulation
Vertical Restraints; Resale Price Maintenance; Quantity Discounts
Firm Organization and Market Structure
Regulated Industries and Administrative Law
Organizational Behavior; Transaction Costs; Property Rights
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Structure, Scope, and Performance of Government
Antitrust Law
Thema
New institutional economics
antitrust
regulation
incomplete contracts
regulatory reform
economic models of federalism
Konzentrationspolitik
Theorie der Regulierung
Neue Institutionenökonomik
Industrieökonomik
Unvollständiger Vertrag
Theorie der Unternehmung
Business Network
Wettbewerbspolitik
Föderalismus
Netzzugang
Elektrizitätswirtschaft
Theorie
EU-Staaten

Ereignis
Geistige Schöpfung
(wer)
Bickenbach, Frank
Kumkar, Lars
Soltwedel, Rüdiger
Ereignis
Veröffentlichung
(wer)
Kiel Institute of World Economics (IfW)
(wo)
Kiel
(wann)
1999

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Bickenbach, Frank
  • Kumkar, Lars
  • Soltwedel, Rüdiger
  • Kiel Institute of World Economics (IfW)

Entstanden

  • 1999

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