Optimal legal standards for competition policy revisited

C-Tier
Journal: Economics Letters
Year: 2020
Volume: 194
Issue: C

Score contribution per author:

1.009 = (α=2.02 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I extend the model of legal standards in Katsoulacos and Ulph (2009) to allow for optimal statistical decision-making by the regulator. I show that an effects-based standard produces weakly lower decision error costs than a per se standard in this setting. I also use the framework to highlight an important implicit assumption underlying the comparison of legal standards in the cited paper.

Technical Details

RePEc Handle
repec:eee:ecolet:v:194:y:2020:i:c:s0165176520302299
Journal Field
General
Author Count
1
Added to Database
2026-01-29