Showing 1 - 9 of 9
realized. This forces us to consider practical and structural aspects (regulations, taxation, markets) as key drivers of … Industry, Portfolio Theory Swaps and Financial Markets: IRS, TRS, ALM, ISDA Retail Structured Products Real Estate Asset Class …
Persistent link: https://www.econbiz.de/10011109326
This two-part working paper series represents a distillation of practical approaches with regard to the successful management of so-called “legacy assets” which include both impaired as well as non-performing loans, particularly in those in the real estate and property sectors. This two-part...
Persistent link: https://www.econbiz.de/10011265335
We compare and analyse two different conceptions of market competition: the walrasian notion of perfect competition and … the Classical notion of free competition: while the former may be described as an equilibrium state in which atomistic … observed in a market characterized by free competition. We investigate some problematic aspects of the neoclassical notion of …
Persistent link: https://www.econbiz.de/10008516568
Persistent link: https://www.econbiz.de/10010677824
Most insurance premiums are only weakly linked to mileage, and have largely lump-sum characteristics. The probable result is too many accidents and too much driving from the standpoint of economic efficiency. This paper develops a model of the relationship between driving and accidents that...
Persistent link: https://www.econbiz.de/10011131490
Most insurance premiums are only weakly linked to mileage, and have largely lump-sum characteristics. The probable result is too many accidents and too much driving from the standpoint of economic efficiency. This paper develops a model of the relationship between driving and accidents that...
Persistent link: https://www.econbiz.de/10011131706
D. Kurz (eds). Volume 3. Cheltenham, UK and Northampton, MA, USA: Edward Elgar, forthcoming. We analyze competition as … rivarly in a race, as a specific market structure, and as a discovery procedure. We also explore the relation of competition … with class struggle and competition policy. …
Persistent link: https://www.econbiz.de/10011108418
over marginal theory of imperfect competition. The controversy was closed prematurely; various contributions published … case of highly competitive markets with few suppliers. The paper focuses also on the relationship between full cost pricing … analysis of competition; it is too often neglected in favour of the sole competition on margins. …
Persistent link: https://www.econbiz.de/10011113011
The paper analyzes Adam Smith’s views on monopoly focusing on Book IV and V of The Wealth of Nations and argues that Smith has left his analysis of monopoly in an embryonic form while the majority of scholars have assessed it starting from premises different from those, actually though...
Persistent link: https://www.econbiz.de/10011258542