Advances in competition economics as well as in computational and empirical methods
have offered the scope for the employment of merger simulation models (MSMs) in merger …

Market competition is a very complex phenomenon, which has many dimensions. Modern
game-theoretic industrial economics is a powerful analytical tool for studying important …

The debate about the 'more economic approach'and its role in the socalled 'modernization of
European competition law'1 centers around two principal issues. One issue concerns the …

Naturally, competition policy is based on competition economics made applicable in terms of
law and its enforcement. Within the different branches of competition economics, modern …

Wettbewerb und Regulierung werfen sowohl aus einer wirtschafts-als auch aus einer
politikwissenschaftlichen Perspektive interessante Fragestellungen auf und haben daher in …

Vor mehr als 50 Jahren führte Herbert Simon das Konzept der eingeschränkten Rationalität
(“bounded rationality”) in die Ökonomie ein. Wie der Ausdruck bereits suggeriert, ist damit …

The advantages and disadvantages of an economic approach to competition law are
currently discussed remarkably vividly among economists, legal scholars and also political …

More than 50 years ago Herbert Simon introduced the concept of bounded rationality into
the economics literature. As the term already suggests, the concept does not imply …

Despite a broad consensus about the importance of also considering innovation effects of
mergers (in addition to the usual price effects), it is still very unclear to what extent and how …

Wettbewerb und Regulierung werfen sowohl aus einer wirtschafts-als auch aus einer
politikwissenschaftlichen Perspektive interessante Fragestellungen auf und haben daher in …