Terminology matters : a review on the concept of economic predation
Gespeichert in:
| Autor*in: |
Mesly, Olivier [verfasserIn] Petrescu, Maria [verfasserIn] Mesly, Alexandra [verfasserIn] |
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| Format: |
E-Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2022 |
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| Schlagwörter: |
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| Übergeordnetes Werk: |
Enthalten in: Journal of economic issues - Abingdon, Oxon : Routledge, Taylor & Francis, 1967, 56(2022), 4 vom: Dez., Seite 959-987 |
|---|---|
| Übergeordnetes Werk: |
volume:56 ; year:2022 ; number:4 ; month:12 ; pages:959-987 |
| Links: |
|---|
| DOI / URN: |
10.1080/00213624.2022.2111142 |
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| Katalog-ID: |
1834624541 |
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| 982 | |2 26 |1 00 |x DE-206 |b This article compares various disciplines to show that the concept of predation is associated with notions that are relevant to the economic domain, such as equilibrium, risks, and hidden societal costs. We review the economic literature in some of the top-ranked economic journals on the subject of predation dating back a hundred years. Our analysis shows that economic academics use the concept of predation differently and at times in an erroneous or overly narrow way. This article argues that economic theory must take into consideration predator-prey dynamics during one-on-one interactions between sellers acting as predators of sorts by using information asymmetry to their advantage, and their prey in the form of naïve clients, who undergo economic/financial harm as a result. We propose that a better understanding of the concept of predation may enhance the drafting of government policies. To our knowledge, this is the first article that examines the concept of predation in its original sense across the literature and across decades and that demonstrates its relevance in economic theory. | ||
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10.1080/00213624.2022.2111142 doi (DE-627)1834624541 (DE-599)KXP1834624541 DE-627 ger DE-627 rda eng Mesly, Olivier verfasserin aut Terminology matters a review on the concept of economic predation Olivier Mesly, Maria Petrescu, and Alexandra Mesly 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier competitive advantage (dpeaa)DE-206 predation (dpeaa)DE-206 predator-prey dynamics (dpeaa)DE-206 predatory pricing (dpeaa)DE-206 prey (dpeaa)DE-206 rivals (dpeaa)DE-206 Petrescu, Maria verfasserin aut Mesly, Alexandra verfasserin aut Enthalten in Journal of economic issues Abingdon, Oxon : Routledge, Taylor & Francis, 1967 56(2022), 4 vom: Dez., Seite 959-987 Online-Ressource (DE-627)341338036 (DE-600)2066505-2 (DE-576)273896180 1946-326X nnns volume:56 year:2022 number:4 month:12 pages:959-987 https://www.tandfonline.com/doi/pdf/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig https://doi.org/10.1080/00213624.2022.2111142 Resolving-System lizenzpflichtig https://www.tandfonline.com/doi/epub/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_110 GBV_ILN_120 GBV_ILN_151 GBV_ILN_152 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_374 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2018 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_2937 GBV_ILN_2941 GBV_ILN_2949 GBV_ILN_2950 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4346 GBV_ILN_4393 GBV_ILN_4700 AR 56 2022 4 12 959-987 26 01 0206 427122927X x1z 13-02-23 26 00 DE-206 This article compares various disciplines to show that the concept of predation is associated with notions that are relevant to the economic domain, such as equilibrium, risks, and hidden societal costs. We review the economic literature in some of the top-ranked economic journals on the subject of predation dating back a hundred years. Our analysis shows that economic academics use the concept of predation differently and at times in an erroneous or overly narrow way. This article argues that economic theory must take into consideration predator-prey dynamics during one-on-one interactions between sellers acting as predators of sorts by using information asymmetry to their advantage, and their prey in the form of naïve clients, who undergo economic/financial harm as a result. We propose that a better understanding of the concept of predation may enhance the drafting of government policies. To our knowledge, this is the first article that examines the concept of predation in its original sense across the literature and across decades and that demonstrates its relevance in economic theory. |
| spelling |
10.1080/00213624.2022.2111142 doi (DE-627)1834624541 (DE-599)KXP1834624541 DE-627 ger DE-627 rda eng Mesly, Olivier verfasserin aut Terminology matters a review on the concept of economic predation Olivier Mesly, Maria Petrescu, and Alexandra Mesly 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier competitive advantage (dpeaa)DE-206 predation (dpeaa)DE-206 predator-prey dynamics (dpeaa)DE-206 predatory pricing (dpeaa)DE-206 prey (dpeaa)DE-206 rivals (dpeaa)DE-206 Petrescu, Maria verfasserin aut Mesly, Alexandra verfasserin aut Enthalten in Journal of economic issues Abingdon, Oxon : Routledge, Taylor & Francis, 1967 56(2022), 4 vom: Dez., Seite 959-987 Online-Ressource (DE-627)341338036 (DE-600)2066505-2 (DE-576)273896180 1946-326X nnns volume:56 year:2022 number:4 month:12 pages:959-987 https://www.tandfonline.com/doi/pdf/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig https://doi.org/10.1080/00213624.2022.2111142 Resolving-System lizenzpflichtig https://www.tandfonline.com/doi/epub/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_110 GBV_ILN_120 GBV_ILN_151 GBV_ILN_152 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_374 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2018 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_2937 GBV_ILN_2941 GBV_ILN_2949 GBV_ILN_2950 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4346 GBV_ILN_4393 GBV_ILN_4700 AR 56 2022 4 12 959-987 26 01 0206 427122927X x1z 13-02-23 26 00 DE-206 This article compares various disciplines to show that the concept of predation is associated with notions that are relevant to the economic domain, such as equilibrium, risks, and hidden societal costs. We review the economic literature in some of the top-ranked economic journals on the subject of predation dating back a hundred years. Our analysis shows that economic academics use the concept of predation differently and at times in an erroneous or overly narrow way. This article argues that economic theory must take into consideration predator-prey dynamics during one-on-one interactions between sellers acting as predators of sorts by using information asymmetry to their advantage, and their prey in the form of naïve clients, who undergo economic/financial harm as a result. We propose that a better understanding of the concept of predation may enhance the drafting of government policies. To our knowledge, this is the first article that examines the concept of predation in its original sense across the literature and across decades and that demonstrates its relevance in economic theory. |
| allfields_unstemmed |
10.1080/00213624.2022.2111142 doi (DE-627)1834624541 (DE-599)KXP1834624541 DE-627 ger DE-627 rda eng Mesly, Olivier verfasserin aut Terminology matters a review on the concept of economic predation Olivier Mesly, Maria Petrescu, and Alexandra Mesly 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier competitive advantage (dpeaa)DE-206 predation (dpeaa)DE-206 predator-prey dynamics (dpeaa)DE-206 predatory pricing (dpeaa)DE-206 prey (dpeaa)DE-206 rivals (dpeaa)DE-206 Petrescu, Maria verfasserin aut Mesly, Alexandra verfasserin aut Enthalten in Journal of economic issues Abingdon, Oxon : Routledge, Taylor & Francis, 1967 56(2022), 4 vom: Dez., Seite 959-987 Online-Ressource (DE-627)341338036 (DE-600)2066505-2 (DE-576)273896180 1946-326X nnns volume:56 year:2022 number:4 month:12 pages:959-987 https://www.tandfonline.com/doi/pdf/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig https://doi.org/10.1080/00213624.2022.2111142 Resolving-System lizenzpflichtig https://www.tandfonline.com/doi/epub/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_110 GBV_ILN_120 GBV_ILN_151 GBV_ILN_152 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_374 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2018 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_2937 GBV_ILN_2941 GBV_ILN_2949 GBV_ILN_2950 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4346 GBV_ILN_4393 GBV_ILN_4700 AR 56 2022 4 12 959-987 26 01 0206 427122927X x1z 13-02-23 26 00 DE-206 This article compares various disciplines to show that the concept of predation is associated with notions that are relevant to the economic domain, such as equilibrium, risks, and hidden societal costs. We review the economic literature in some of the top-ranked economic journals on the subject of predation dating back a hundred years. Our analysis shows that economic academics use the concept of predation differently and at times in an erroneous or overly narrow way. This article argues that economic theory must take into consideration predator-prey dynamics during one-on-one interactions between sellers acting as predators of sorts by using information asymmetry to their advantage, and their prey in the form of naïve clients, who undergo economic/financial harm as a result. We propose that a better understanding of the concept of predation may enhance the drafting of government policies. To our knowledge, this is the first article that examines the concept of predation in its original sense across the literature and across decades and that demonstrates its relevance in economic theory. |
| allfieldsGer |
10.1080/00213624.2022.2111142 doi (DE-627)1834624541 (DE-599)KXP1834624541 DE-627 ger DE-627 rda eng Mesly, Olivier verfasserin aut Terminology matters a review on the concept of economic predation Olivier Mesly, Maria Petrescu, and Alexandra Mesly 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier competitive advantage (dpeaa)DE-206 predation (dpeaa)DE-206 predator-prey dynamics (dpeaa)DE-206 predatory pricing (dpeaa)DE-206 prey (dpeaa)DE-206 rivals (dpeaa)DE-206 Petrescu, Maria verfasserin aut Mesly, Alexandra verfasserin aut Enthalten in Journal of economic issues Abingdon, Oxon : Routledge, Taylor & Francis, 1967 56(2022), 4 vom: Dez., Seite 959-987 Online-Ressource (DE-627)341338036 (DE-600)2066505-2 (DE-576)273896180 1946-326X nnns volume:56 year:2022 number:4 month:12 pages:959-987 https://www.tandfonline.com/doi/pdf/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig https://doi.org/10.1080/00213624.2022.2111142 Resolving-System lizenzpflichtig https://www.tandfonline.com/doi/epub/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_110 GBV_ILN_120 GBV_ILN_151 GBV_ILN_152 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_374 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2018 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_2937 GBV_ILN_2941 GBV_ILN_2949 GBV_ILN_2950 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4346 GBV_ILN_4393 GBV_ILN_4700 AR 56 2022 4 12 959-987 26 01 0206 427122927X x1z 13-02-23 26 00 DE-206 This article compares various disciplines to show that the concept of predation is associated with notions that are relevant to the economic domain, such as equilibrium, risks, and hidden societal costs. We review the economic literature in some of the top-ranked economic journals on the subject of predation dating back a hundred years. Our analysis shows that economic academics use the concept of predation differently and at times in an erroneous or overly narrow way. This article argues that economic theory must take into consideration predator-prey dynamics during one-on-one interactions between sellers acting as predators of sorts by using information asymmetry to their advantage, and their prey in the form of naïve clients, who undergo economic/financial harm as a result. We propose that a better understanding of the concept of predation may enhance the drafting of government policies. To our knowledge, this is the first article that examines the concept of predation in its original sense across the literature and across decades and that demonstrates its relevance in economic theory. |
| allfieldsSound |
10.1080/00213624.2022.2111142 doi (DE-627)1834624541 (DE-599)KXP1834624541 DE-627 ger DE-627 rda eng Mesly, Olivier verfasserin aut Terminology matters a review on the concept of economic predation Olivier Mesly, Maria Petrescu, and Alexandra Mesly 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier competitive advantage (dpeaa)DE-206 predation (dpeaa)DE-206 predator-prey dynamics (dpeaa)DE-206 predatory pricing (dpeaa)DE-206 prey (dpeaa)DE-206 rivals (dpeaa)DE-206 Petrescu, Maria verfasserin aut Mesly, Alexandra verfasserin aut Enthalten in Journal of economic issues Abingdon, Oxon : Routledge, Taylor & Francis, 1967 56(2022), 4 vom: Dez., Seite 959-987 Online-Ressource (DE-627)341338036 (DE-600)2066505-2 (DE-576)273896180 1946-326X nnns volume:56 year:2022 number:4 month:12 pages:959-987 https://www.tandfonline.com/doi/pdf/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig https://doi.org/10.1080/00213624.2022.2111142 Resolving-System lizenzpflichtig https://www.tandfonline.com/doi/epub/10.1080/00213624.2022.2111142 Verlag lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_101 GBV_ILN_110 GBV_ILN_120 GBV_ILN_151 GBV_ILN_152 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_374 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2018 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2107 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_2937 GBV_ILN_2941 GBV_ILN_2949 GBV_ILN_2950 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4346 GBV_ILN_4393 GBV_ILN_4700 AR 56 2022 4 12 959-987 26 01 0206 427122927X x1z 13-02-23 26 00 DE-206 This article compares various disciplines to show that the concept of predation is associated with notions that are relevant to the economic domain, such as equilibrium, risks, and hidden societal costs. We review the economic literature in some of the top-ranked economic journals on the subject of predation dating back a hundred years. Our analysis shows that economic academics use the concept of predation differently and at times in an erroneous or overly narrow way. This article argues that economic theory must take into consideration predator-prey dynamics during one-on-one interactions between sellers acting as predators of sorts by using information asymmetry to their advantage, and their prey in the form of naïve clients, who undergo economic/financial harm as a result. We propose that a better understanding of the concept of predation may enhance the drafting of government policies. To our knowledge, this is the first article that examines the concept of predation in its original sense across the literature and across decades and that demonstrates its relevance in economic theory. |
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We review the economic literature in some of the top-ranked economic journals on the subject of predation dating back a hundred years. Our analysis shows that economic academics use the concept of predation differently and at times in an erroneous or overly narrow way. This article argues that economic theory must take into consideration predator-prey dynamics during one-on-one interactions between sellers acting as predators of sorts by using information asymmetry to their advantage, and their prey in the form of naïve clients, who undergo economic/financial harm as a result. We propose that a better understanding of the concept of predation may enhance the drafting of government policies. To our knowledge, this is the first article that examines the concept of predation in its original sense across the literature and across decades and that demonstrates its relevance in economic theory.</subfield></datafield></record></collection>
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7.4015017 |