Antitrust and Boundedly Rational Entrepreneurs - AAI Releases Sixth Paper in Report on Antitrust and Entrepreneurship

Author: Denise Wager

As part of its Report on Antitrust and Entrepreneurship, the American Antitrust Institute today released a sixth paper and comment. In "Boundedly Rational Entrepreneurs and Antitrust," Avishalom Tor, Notre Dame Law School, explains that "boundedly rational" entrepreneurs may engage in entrepreneurial activity where rational entrepreneurs would not. His analysis sheds new light on the dynamics of competition among entrepreneurs and on its implications for policy and antitrust law. The comment is provided by Michal Gal, University of Haifa.