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The topography of China's financial network is unique. Is it also uniquely robust to contagion? We explore this question using network theory. We find that networks that are more concentrated are less fragile when connectivity is low. However, they remain vulnerable to the occurrence of...
Persistent link: https://www.econbiz.de/10012436164
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
Persistent link: https://www.econbiz.de/10012804859
Network sharing agreements have become increasingly widespread in mobile telecommunications markets. They carry undeniable advantages to operators and consumers alike, but also the potential for consumer harm. Not all NSAs are created equal: the assessment of the balance of harm and benefits to...
Persistent link: https://www.econbiz.de/10011990449
Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...
Persistent link: https://www.econbiz.de/10011990829
Disparities across regions and provinces are on the agenda of both developed and developing countries. Differences in terms of development and income between regions are becoming more important policy challenge particularly in developing countries. As a developing country, inter-regional...
Persistent link: https://www.econbiz.de/10011503539
The competitiveness of EU regions This paper results from the project financed by the Grant Agency of the Czech Republic (GA ÈR). The project was carried out by the research team consisting of both The Centre of Regional and Administrative Studies and The Regional Studies Department's members...
Persistent link: https://www.econbiz.de/10011508705
Analyzing the competitive performance of Romanian industry, one may say that Romania has an economy based mainly on the manufacturing industry, characterized by features such as: · high labor intensity, especially in industries such as textiles, knitwear, apparel, leather and footwear; · high...
Persistent link: https://www.econbiz.de/10011509222
from cybercrime, their incentives to do so are often insufficient. The presence of competition in providing broadband … nature of attack attempts found on networks served by ISPs that are monopolists with those that face competition. We also …
Persistent link: https://www.econbiz.de/10011526783
The present study aims to highlight the main models for evaluating territorial competitiveness used at international and European level starting from the following premise: despite the difficulties encountered in the process of defining and understanding the competitiveness term and of numerous...
Persistent link: https://www.econbiz.de/10011456621
competition as it makes consumer switching and service provider multihoming prohibitively expensive. Moreover, network effects … switching costs and provider multihoming on market structure and competition by means of agent-based modelling. Simulation … results suggest that service provider multihoming plays a key role in increasing market competition when switching costs …
Persistent link: https://www.econbiz.de/10012012283