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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

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.