Relevance and Shortcomings of Behavioral Economics in Antitrust Deterrence

Associate Professor (GREDEG/CNRS), University Côte d'Azur (Nice Sophia Antipolis)

The reason why people break the law is analysed differently by supporters of rational economic theory and supporters of behavioural economic theories. Behavioural economics introduces a new model for the economic agent.1 The decision-making process of the ‘behavioural’ economic agent is not driven by the desire to maximise his self-interest.

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Oxford University Press – Journal of European Competition Law & Practice

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