How Long to Read The Theory of Collusion and Competition Policy

How Long Does it Take to Read The Theory of Collusion and Competition Policy?

It takes the average reader 2 hours and 27 minutes to read The Theory of Collusion and Competition Policy by Joseph E. Harrington, Jr.

Assuming a reading speed of 250 words per minute. Learn more

Description

A review of the theoretical research on unlawful collusion, focusing on the impact and optimal design of competition law and enforcement. Collusion occurs when firms in a market coordinate their behavior for the purpose of producing a supracompetitive outcome. The literature on the theory of collusion is deep and broad but most of that work does not take account of the possible illegality of collusion. Recently, there has been a growing body of research that explicitly focuses on collusion that runs afoul of competition law and thereby makes firms potentially liable for penalties. This book, by an expert on the subject, reviews the theoretical research on unlawful collusion, with a focus on two issues: the impact of competition law and enforcement on whether, how long, and how much firms collude; and the optimal design of competition law and enforcement. The book begins by discussing general issues that arise when models of collusion take into account competition law and enforcement. It goes on to consider game-theoretic models that encompass the probability of detection and penalties incurred when convicted, and examines how these policy instruments affect the frequency of cartels, cartel duration, cartel participation, and collusive prices. The book then considers the design of competition law and enforcement, examining such topics as the formula for penalties and leniency programs. The book concludes with suggested future lines of inquiry into illegal collusion.

How long is The Theory of Collusion and Competition Policy?

The Theory of Collusion and Competition Policy by Joseph E. Harrington, Jr. is 145 pages long, and a total of 36,975 words.

This makes it 49% the length of the average book. It also has 45% more words than the average book.

How Long Does it Take to Read The Theory of Collusion and Competition Policy Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 22 minutes to read The Theory of Collusion and Competition Policy aloud.

What Reading Level is The Theory of Collusion and Competition Policy?

The Theory of Collusion and Competition Policy is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Theory of Collusion and Competition Policy?

The Theory of Collusion and Competition Policy by Joseph E. Harrington, Jr. is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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