The ides of 'primary' (sometimes called 'primitive') socialist accumulation was first developed by Preobrazhensky, the Bolshevik economist and spokesman for the Trotskyist opposition in the USSR in the 1920's. The idea was based on an analogy with Mark's writing on primary capitalist...

West Germany's recovery and growth to a position of economic leadership over most other industrialized nations appears to have been achieved without the aid of widespread merger activity, at least up to the late nineteen-sixties. Although the official statistics understate the true number of...

Until the recent revival of interest among macroeconomists whose work is surveyed by Malinvaud (1977), the systematic analysis of quantity-constrained behaviour in a multimarket setting has attracted surprisingly little attention since the classis survey by Tobin (1952). The few exceptions, in...

Harry Johnson described Industrial Organization as a 'peripheral' subject 'on which the British have always been extremely weak'. On the face of it, there seems to be some justice in this. For one thing, Industrial Organization has not achieved the sort of lively interaction between theory and...

The theory of large-scale entry into an industry is made complicated by its game-theoretic aspects. Even in the simplest case of one established firm facing one prospective entrant, there are some subtle strategic interactions. The established firm's pre-entry decisions can influence the...

Merger activity in West Germany remained at a low level in comparison with most industrialized countries until the late nineteen-sixties, but has increased very rapidly since then. Mergers notified to the Federal Cartel Office under section 23 of the 1958 Act Against Restraint of Competition...

The organization of productive activity within firms has received increasing attention in recent years. Problems of motivation, productivity and "quality of working life" have become central concerns at both policy and academic levels (Hackman and Suttle, 1977). Co-determination and worker...

Somewhere between traditional entrepreneurial firms and worker-cooperatives on the spectrum of alternative firm types lie a range of industrial partnership models, involving varying degrees of worker participation in decision-making and/or profit-sharing. In West Germany there are known to be...

The objective of this paper is to analyze some issues raised by exogenous determination of factor prices in an open economy. To do this, we exploit the tools of duality analysis, particularly the restricted profic function. Some of these ideas have been discussed by Brecher (1974) and...

Economists have long since recognised that the actions of individual agents may affect the decisions or the well being of others in important ways without necessarily being mediated through the market. This recognition has spawned a large evergrowing literature. When modeling the behaviour of...