A PYMNTS Company

Taking the Error Out of ‘Error Cost’ Analysis: What’s Wrong with Antitrust’s Right

By  |  February 18, 2014

Posted by Social Science Research Network

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Taking the Error Out of ‘Error Cost’ Analysis: What’s Wrong with Antitrust’s Right – Jonathan B. Baker (American University – Washington College of Law)

    ABSTRACT: This article catalogues a series of erroneous assumptions about the current competition policy environment made by today’s antitrust conservatives. These errors inappropriately tilt the application of a neutral economic tool, decision theory, toward non-interventionist outcomes.