Economics of Regulation and Antitrust (2nd Edition)

"Incisive and up-to-date, this textbook lucidly explains the economic principles underlying effective regulatory and antitrust policies and provides a thorough examination of their consequences."

-- Richard Zeckhauser, Ramsey Professor, Kennedy School of Government, Harvard University This new edition of Economics of Regulation and Antitrust continues to place economic reasoning first and foremost in analyzing regulatory and antitrust issues. It remains the only text that introduces the field by stressing the economic theory and empirical analysis that provides the rationale for government intervention in the market.