Abstract

Zoltan J. Acs of George Mason University reviews “Competition, Innovation, and Antitrust: A Theory of Market Leaders and Its Policy Implications” by Federico Etro,. The EconLit Abstract of the reviewed work begins “Develops a theory of market leadership in the presence of endogenous entry of firms and applies it to models of competition both in the market and for the market. Discusses competition, leadership, and entry; strategic commitments and endogenous entry; Stackelberg competition and endogenous entry; dynamic competition and endogenous entry; antitrust and abuse of dominance; and Microsoft economics. Etro is Associate Professor of Economics at the University of Milan, Bicocca, and President of the International Think-Tank on Innovation and Competition. Index.”

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