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This fascinating book offers up a window on one of today's key areas relating to globalization. The matter in question is to what extent national competition policy has to be regarded as a factor of international competitiveness. Should national antitrust policy be given priority over international antitrust rules?
This is a brilliant examination of the complex processes of the post-1990 transformation in the Czech automotive industry and its selective integration into the West European system.
This study empirically explores and quantifies the effects of EU accession on the risk and return of equity markets in eight Central and Eastern European markets joining the EU in 2004.
Based on the contributions of Greek regional science research presented at the 2006 Congress of the European Regional Science Association at Volos, Greece, this work also provides an overview of regional development concerns from Greek regional scientists.
In the first quarter century of reform and global opening, Chinese enterprises have been largely confined to a 'passive' role in the global division of - bor.
In this context, the present study aims to model the new conduct of the 'legacy' carriers in a new liberalized European market in terms of network and pricing competition with l- cost carriers and competitive reaction to the global economic crises.
Reviews contemporary issues in international monetary and financial economics in an emerging financial market using the example of Thailand. This book addresses contemporary issues in international monetary policy and finance from a welfare economics perspective, focusing on emerging market nations such as Thailand.
The recent global ?nancial crisis has made ?nancial liberalization a topic of great academic and practical interest.
2 Financial market imperfections, investment and cycles 9 2. 2 Agency costs and macroeconomic fluctuations 15 2. 3 Financial market imperfections and corporate capital structure 24 2. 2 Agency costs and capital structure choice 30 2.
Since the individuals are not just stimulus-response machines but more complex beings that think and are simultaneously conscious of their thought, re?exivity is potentially involved in all human acts of cognition and in all conceptualizations.
In transition economies, they were characterized by especially poor performance and high access deficits, as telecommunications were considered to be a non-profit-oriented production process intended to support the socio-economic superstructures.
Financial Markets play an important role in economic development, channeling saving to investments and facilitating growth. In Eastern Europe financial markets were initially much underdeveloped, and lacked the skills and infrastructure they needed to be efficient, having not acquired them in the pre-transition era.
Essays on Microeconomics and Industrial Organisation aim to serve as a source and work of reference and consultation for the field of Microeconomics in general and of Industrial Organisation in particular.
This dissenmion looks at increasing trade ilUegrorionjrom three angles: FirSl, what are welfare implications of trade integrmion and trading blocks? Chapter I starts by questioning Krugman's (1993) trading block modeJ, which suggested that world trade is increasingly conducted between three trading blocks, which produces a minimum in world welfare.
While the experimental approach sheds new light on the microeconomic standard topics of bargaining and cooperation, the election market approach as a new field may provide better forecasts for political elections - and for soccer World Championships.
The present volume contains the proceedings of an international conference on the economic history of the seaports of Antwerp and Rotterdam (1870-2000).
This book is the outcome of a project that started with the organisation of theTopicalWorkshopon¿Agent-BasedComputationalModelling. AnInst- ment for Analysing Complex Adaptive Systems in Demography, Economics and Environment¿ at the Vienna Institute of Demography, December 4-6, 2003. The workshop brought together scholars from several disciplines, all- ing both for serious scienti?c debate and for informal conversation over a cup co?ee or during a visit to the wonderfulmuseums of Vienna. One of the nicest features of Agent-Based Modelling is indeed the opportunity that scholars ?nd a common language and discuss from their disciplinary perspective, in turn learning from other perspectives. Given the success of the meeting, we found it important to pursue the purpose of collecting these interdisciplinary contributions in a volume. In order to ensure the highest scienti?c standards for the book, we decided that all the contributions (with the sole exception of the introductory chapter) should have been accepted conditional on peer reviews. Generoushelpwasprovidedbyreviewers,someofwhomwereneither directly involved in the workshop nor in the book. All this would not have been possible without the funding provided by the Complex Systems N- work of Excellence (Exystence) funded by the European Union, the Vienna Institute of Demography of the Austrian Academy of Sciences, Universit` a Bocconi, and ARC Systems Research GmbH, and the help of the wonderful sta? ofthe Vienna Institute of Demography(in particular,Ani Minassianand Belinda Aparicio Diaz). Agent-Based Modelling is important, interesting and also fun¿we hope this book contributes to showing that. Milano Francesco C.
Real world investors differ in their tastes and attitudes and they do not have, in general, perfect information about the future prospects of the economy. The initial chapter gives an introduction to the theory of financial markets in continuous time under imperfect information and establishes the existence of an equilibrium with complete markets.
I am institutionally indebted to the University of Konstanz, notably its Faculty of Economics and Statistics, for continuous provision of an excellent research environment, and to the Deutsche Forschungsgemeinschaft in Bonn for generous sponsorship of the former SFB, whose financial support dur ing that period is gratefully acknowledged.
Negotiations are of increasing importance in highly regulated sectors, particularly in network industries such as telecommunications and transport. Alternative Dispute Resolution (ADR) mechanisms are discussed as an alternative to conventional negotiations.
The outlook on the AIDS crisis is bleak; it seems that Millennium Development Goal 6 cannot be achieved in most developing countries by 2015. This work evaluates AIDS and the international financing mechanisms of aid from a public good perspective.
This book studies the phenomenon of digitalization with the instruments of economics in order to explore the interdependencies between digitalization, economic policy, and macroeconomic variables of open economies.
During the first two-thirds of the 20th century the themes of sectorial structure and compared performance prevail in Italian economic historiography. This book intends to act as a bridge between the two approaches, and reconstructs the secular journey of Italian industrial enterprise through an original study.
This book presents findings and results from the recent European Union Company survey of Operating hours, Working times and Employment (EUCOWE) in France, Germany, the Netherlands, Portugal, Spain and the United Kingdom.
Insurance intermediaries can help consumers to economize on information and transaction costs in insurance markets. This book analyzes conduct and performance in the market for insurance information services by applying search theoretical and industrial organization approaches.
Through the process of globalization, the trade dependence and int- dependence of the developing countries have increased phenomenally than ever before.
The second part analyzes the provision of port services using the production, cost, investment and profit functions of various ports. Finally, the fifth part uses Cost Benefit Analysis for an economic evaluation of the feasibility of building new ports or enlarging existing ones.
Today, economic growth depends more than in the past on sound and well-organized firms, which means more innovation, a better educated labor force, higher likelihood of access to financial resources and efficient investments.
In this book the author investigates the impact of demographic change oneconomic growth. The author provides such anew view on economic growth, using a methodology of system dynamics. In doing so, a newsemi-endogenous growth model is developed by introducing a specific anddetailed population sector (demographic growth model).
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