The countervailing power of large buyers subdues the market power of sellers, but price concessions won by large buyers in upstream markets may or may not translate into lower prices downstream as Galbraith (American capitalism: The concept of countervailing power. Houghton Mifflin, Boston, <CitationRef...</citationref>

Payments systems involve a number of interconnected systems that center around a large-value payment system through which banks send funds to each other for various purposes. Of fundamental interest to central banks are the interlinkages among these types of systems. This paper builds on Mills...

This study estimates the excess mortality attributable to excessive heat events (EHEs) for forty major U.S. cities during 1975–1995 and 1975–2004. We calculate these results using the spatial synoptic classification method to identify EHE days. Step-wise regressions are then used to estimate...

Scherer (Scherer, F.M., "How US Antitrust Can Go Astray: The Brand Name Prescription Drug Litigation", International Journal of the Economics of Business, 1997, 4, 3, 000-000) uses the conventional economic model of third-degree price discrimination to analyze the pharmaceutical industry's...

This book describes the history, principles, methods and future developments in the field of quality auditing. Based in outline on the new international ISO quality auditing standards, the text addresses the reasons for and the practical application and implementation of these requirements