Описание: The book provides deep insights into the signal extraction problem - especially at the boundary of a sample, where asymmetric filters must be used - and how to solve it optimally. The traditional model-based approach (TRAMO/SEATS or X-12-ARIMA) is an inefficient estimation method because it relies on one-step ahead forecasting performances (of a model) whereas the signal extraction problem implicitly requires good multi-step ahead forecasts also. Unit roots are important properties of the input signal because they generate a set of constraints for the best extraction filter. Since traditional tests essentially rely on one-step ahead forecasting performances, new tests are presented here which implicitly account for multi-step ahead forecasting performances too. The gain in efficiency obtained by the new estimation method is analyzed in great detail, using simulated data as well as 'real world' time series.
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.
Описание: Cooperation is beneficial but may be hard to achieve in situations where the selfish interests of individuals conflict with their common goal, such as in sharing of goods, help, knowledge or information, in trade and pollution negotiations, and in exploitation of common resources. The standard models of such "social dilemmas" assume that the individuals are obliged to participate in the dilemma. These models fail to capture an important element of human interaction: that people are in general free to select their interaction partners. In this book a social dilemma with partner selection is introduced and studied with the methods of formal game theory, experimental economics and computer simulations. It allows exploration of simultaneous dynamics of the network structure and cooperative behavior on this structure. The results of this study show that partner choice strongly facilitates cooperation and leads to networks where free-riders are likely to be excluded.
Автор: Suzumura, Kotaro Название: Competition, Commitment and Welfare ISBN: 0198289146 ISBN-13(EAN): 9780198289142 Издательство: Oxford Academ Цена: 5464 р. Наличие на складе: Поставка под заказ.
Описание: This book focuses on one of the classical issues in theoretical welfare economics, namely the effects on social welfare of increasing competition between firms.
Автор: Niels Gunnar Название: Economics for Competition Lawyers ISBN: 0198717652 ISBN-13(EAN): 9780198717652 Издательство: Oxford Academ Рейтинг: Цена: 7910 р. Наличие на складе: Поставка под заказ.
Описание: The new edition of this popular and accessible practitioner guide to the economic principles of competition law, revised and updated with new case law and economic approaches.
Описание: The multiple features of intellectual property rights and industrial competition are explored through the analytically rigorous lens of the frontier of the economics literature. The book covers a broad range of issues ranging from industrial espionage to collective property rights in cultural districts.
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: 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.
Автор: Miron Название: Geography of competition ISBN: 1441956255 ISBN-13(EAN): 9781441956255 Издательство: Springer Рейтинг: Цена: 20477 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book provides a comprehensive, up-to-date, and expert synthesis of location theory. What are the impacts of a firm`s geographic location on the locations of customers, suppliers, and competitors in a market economy? How, when, and why does this result in the clustering of firms in space? When and how is society made better or worse off as a result? This book uses dozens of locational models to address aspects of these three questions. Classical location problems considered include Greenhut-Manne, Hitchcock-Koopmans, and Weber-Launhardt. The book reinterprets competitive location theory, focusing on the linkages between Walrasian price equilibrium and the localization of firms. It also demonstrates that competitive location theory offers diverse ideas about the nature of market equilibrium in geographic space and its implications for a broad range of public policies, including free trade, industrial policy, regional development, and investment in infrastructure. With an extensive bibliography and fresh, interdisciplinary approach, the book will be an invaluable reference for academics and researchers with an interest in regional science, economic geography, and urban planning, as well as policy advisors, urban planners, and consultants
Название: Competition and structure ISBN: 0521088208 ISBN-13(EAN): 9780521088206 Издательство: Cambridge Academ Рейтинг: Цена: 2913 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: These essays examine the competitive mechanisms underlying collective decisions and how they are embedded in institutional settings.
Описание: In this book, Thompson and Hickson strongly challenge the standard interpretation of the basis of growth and viability of dominant wealthy nations. Briefly, efforts of the economically wealthy and the government leaders to increase their wealth and protect it from aggressors, internal and external, are cast in a new evolutionary light. The challenge is to the idea that societies leading intellectual formulators of political and social policy have been helpful. Their alternative, and persuasive, interpretation is that the rise and survival of wealthier nations has been achieved because of an `effective democracy'. The authors explain why an effective democratic state must avoid `narrow, short-sighted', rational appearing concessions to a sequence of aggressors. In short, the Thompson-Hickson interpretation of the rise of wealthy dominant nations does not rely on advice of superior intellectual advisors, but instead rests on the pragmatic, almost ad hoc, actions of democratic legislators.
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