Introduction&Rupprecht Podszun 1
PART Ⅰ THE GOALS OF COMPETITION LAW 11
1. Consumer welfare and competition policy&Gregory J. Werden 11
2. Consumer welfare, total welfare and economic freedom - on the normative foundations of competition policy&Viktor J. Vanberg 44
3. Consumer welfare, economic freedom and the moral quality of competition law - comments on Gregory Werden and Victor Vanberg&Daniel Zimmer 72
PART Ⅱ MERITS AND CHALLENGES OF MODERN INDUSTRIAL ECONOMICS 81
4. Current issues in antitrust analysis&Daniel L. Rubinfeld 81
5. Using economics for identifying anticompetitive unilateral practices&Michele Polo 94
6. Modern industrial economics: open problems and possible limits&Oliver Budzinski 111
7. Modern industrial economics revisited - comments on Daniel Rubinfeld, Michele Polo and Oliver Budzinski&Laurence Idot 139
PART Ⅲ COMPETITION POLICY AND EVOLUTIONARY AND INNOVATION ECONOMICS 149
8. Industrial dynamics and evolution - the role of innovation,competences and learning&Uwe Cantner 149
9. Competition, innovation and maintaining diversity through competition law&Wolfgang Kerber 173
10. The impact of innovation - comments on Uwe Cantner and Wolfgang Kerber&Andreas Heinemann 202
PART Ⅳ COMPETITION POLICY AND BEHAVIOURAL AND EXPERIMENTAL ECONOMICS 217
11. Bounded rationality and competition policy&Justus Haucap 217
12. Using experimental economics to understand competition&Bart J. Wilson 230
13. Competition as a socially desirable dilemma - theory v.experimental evidence&Christoph Engel 245
14. Introducing more features of real life into the economists’world of theoretical models - comments on Justus Haucap,Bart Wilson and Christoph Engel&Andreas Fuchs 270
PART Ⅴ THE POLITICAL ECONOMY OF COMPETITION POLICY 279
15. Normative and institutional limitations to a more economic approach&Dirk Schroeder 279
16. Competition agencies, independence, and the political process&William E. Kovacic 291
17. On the (a)political character of the economic approach to competition law&Josef Drexl 312
Index 337