| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3878 |
| DP3878 An Equilibrium Approach to International Merger Policy | |
| Luis Cabral | |
| 发表日期 | 2003-04-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | Economic theory is often abused in practical policy-making. There is frequently excessive focus on sophisticated theory at the expense of elementary theory; too much economic knowledge can sometimes be a dangerous thing. Too little attention is paid to the wider economic context, and to the dangers posed by political pressures. Superficially trivial distinctions between policy proposals may be economically significant, while economically irrelevant distinctions may be politically important. I illustrate with some disastrous government auctions, but also show the value of economic theory. |
| 主题 | Industrial Organization ; Public Economics |
| 关键词 | Economic theory Methodology Auctions Bidding Auction theory Spectrum auctions Telecommunications Umts 3g Mobile-phones |
| URL | https://cepr.org/publications/dp3878 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532862 |
| 推荐引用方式 GB/T 7714 | Luis Cabral. DP3878 An Equilibrium Approach to International Merger Policy. 2003. |
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