… Group, changed course in its analysis of predatory pricing by adopting a "post-Chicago" …
and post-Chicago perspectives on price * Senior Economist, Council of Economic Advisers, and …

… A law and economics perspective … I will deal with the history of the law and economics of
predatory pricing in American antitrust. The geographical focus hardly requires explanation. In …

… and potentially predatory pricing may make economic sense for a variety of reasons with the
logic of future recoupment in the form of supracompetitive prices representing only one such …

… explosion in the legal and economic literature dealing with predatory pricing. Equally dramatic
has … that predation must be measured from a long run perspective and by recognizing that …

… traditional economic perspective. In the following sections, we discuss the implications of such
thinking for … predatory pricing. Table 1 Contrasting Perspectives Toward Predatory Pricing …

… anything that concentrated on predatory pricing itself.4 In 1958, … at length with allegedly
predatory pricing practices that were … perspective, it looks attractive to charge a higher price than …

… predatory pricing. Section II argues that Judge Breyer’s bird in hand is a fallacy. I explain in
section III that the strongest Chicago School skepticism of the existence of predatory pricing …

… Legal scholars, economic theorists, students, and teachers will gain a new perspective on
… Anyone seeking to address anticompetitive behavior from a legal or economic perspective, …

… Accordingly, the legal thresholds a plaintiff has to surmount in establishing predation is … a
more nuanced economic perspective, focusing on market imperfections, above-cost pricing and …

… posed by predatory pricing. As developed in this article, predatory pricing involves strategic
behavior in which intertemporal considerations are central. Static economic models that fail …