Описание: In 1977 a seminal paper was published by Avinash Dixit and Joseph Stiglitz that revolutionized the modeling of imperfectly competitive markets. It launched what might be called the second monopolistic competition revolution, which has been far more successful than the first one, initiated by Edward Chamberlin and Joan Robinson in the 1930s. In this 2003 collection of essays experts in the fields of macroeconomics, international trade theory, economic geography, and international growth theory address the question of why the second revolution was so successful. They also highlight what is missing, and look forward to the next step in the modeling of imperfectly competitive markets. The text includes a comprehensive survey of both monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper. With contributions from Dixit, Ethier, Neary and Stiglitz amongst others, this collection will excite interest amongst researchers, advanced students and economists.
Описание: This book presents startling evidence that state monopolies can produce better outcomes than the free market. It provides an empirical comparison of the property insurance market in five European countries: Britain, Spain, France, Switzerland, and Germany.
Автор: Bowring Joseph Название: Competition in a Dual Economy ISBN: 0691610460 ISBN-13(EAN): 9780691610467 Издательство: Wiley Рейтинг: Цена: 2613 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Joseph Bowring places the dual economy in a historical context and analyzes the evolution of core and periphery competition. He also refines the dual economy hypothesis and provides strong new empirical support for it.
Originally published in 1986.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Описание: This theoretical work links a microeconomic model of imperfectly informed firms and unions in monopolistic competition to a general theory of wage and price setting in a macroeconomic model. The analysis is based on profit maximization and rational behaviour.
Описание: A set of 19 essays on late-1990s antitrust cases. Each essay in the text is written by an economist who actually participated in the case. The cases are organized into three major sections: horizontal structure; horizontal practices; and vertical and complementary market issues.
Описание: Using microeconomic data collected by the Reserve Bank of India, this work examines the impact of economic reform on productivity and competition in the manufacturing sector of Indian industry during the 1980s.
Описание: The 21st century is witness to the openness and interpenetration of national economies and sovereign states. This book explores the economic logic and political meaning of these developments, with special reference to a reconceptualization of the economic geography of the world as a global mosaic of regional systems of production and exchange.
Описание: This volume brings together academic economists and lawyers to evaluate and compare the regulation of telecommunications markets in Germany and the United States. The unifying theme in all of the papers is that the goal of public policy in this area should be to make the broadest and most functional competition possible by means of an appropriate regulatory framework. Because the European and American telecommunications markets are becoming more intertwined each day, the issues addressed in this volume will be topical to the business, government, and academic communities for some time. The publication of these papers will make important research accessible to a broad audience on both sides of the Atlantic Ocean, enrich the public discussion, and thereby contribute to the continuing development of public policy in the dynamic area of telecommunications.
Автор: Crew Michael A. Название: Expanding Competition in Regulated Industries ISBN: 0792379713 ISBN-13(EAN): 9780792379713 Издательство: Springer Рейтинг: Цена: 15894 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Expanding Competition in Regulated Industries reviews the changing regulatory environment, notably incentive regulation and competition in regulated industries. Some of the major changes in electricity, gas, and telephone utilities allow for competition in local service through unbundling. This book is of interest to researchers, utility managers, regulatory commissions, and the Federal Government.
Описание: Postal and Delivery Services: Delivering on Competition is an indispensable source of information and analysis on the current state of the postal and delivery sector. It offers current insight into strategy, regulation as well as the economics of this sector. Issues addressed include international postal policy, the universal service obligation, regulation, competition, entry, the role of scale and scope economies, the nature and role of cost and demand analysis in postal service, productivity, interaction of law and economics, human resources, transition and reform issues.
Описание: Deregulation has introduced competition into traditionally monopolistic markets, particularly telecommunications and electric utilities. This book brings together ten essays that were presented at the Center for Research in Regulated Industries at Rutgers University and funded by several regulated companies. The authors, who include young scholars as well as established and highly regarded consultants and researchers, address some of the major issues now facing network industries and regulators - deregulation, competition, stranded assets, diversification, pricing, and mergers and acquisitions.
Описание: This book looks at competition in a new way. It attacks the notion that competition always leads to good results and that more competition is better. It also attacks the notion that cooperation is always harmful. An efficient economic equilibrium requires an optimal combination of both cooperation and rivalry. Telser first examines the genesis of certain late nineteenth-century laws that affected competition in the United States. Going on to give new theoretical insights into cooperation and rivalry, he shows when unrestricted competition can lead to an efficient equilibrium, as well as when restrictions on competition can provide for the same. The tensions between these two forces are especially pertinent to the study of innovation - the more costly it is to protect the property rights of ideas, the greater is the reliance on secrecy, and hence, the more likely is the wasteful duplication of results.
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