Welfare Economics and Antitrust Policy - Vol. I

Richard S. Markovits has a Ph.D. in economics from the London School of Economics and an L.L.B. from Yale Law School (USA). His research covers competition theory, pricing theory, the theory of vertical integration and its contractual surrogates, economics and the interpretation and application of US and EU antitrust law, the definition and moral and legal relevance of the impact of a choice on economic efficiency, second-best theory (the third-best-economically-efficient protocol for analyzing economic efficiency), the economic efficiency of various specific judicial doctrines and pieces of legislation, jurisprudence, constitutional law, and the abstract definition and concrete moral and legal entailments of liberalism. He currently holds the John B. Connally Chair in Law at the University of Texas Law School (Austin, USA). He has taught in several other law schools and economics faculties in both the United States and Germany. From 1981-1983, he was Co-Director of the Centre for Socio-Legal Studies at Wolfson College, Oxford. He has been a Fellow of the Wissenschaftskolleg zu Berlin and a Guddenhein Fellow, has served on panels of the US National Science Foundation and the UK Social Science Research Council, and has been a Trustee of the Law & Society Association.