The project Users Demands on CNC‐Lathes, commenced in 1988, is examined. The project′s main object was to contribute to an increase in the empirically‐based knowledge of the new demands involved in management, organisation and the operators′ job content along with the design of...

A digressive tax such as a variable rate sales tax or a tax on price gives firms an incentive for expanding output. Thus, unlike unit and ad valorem taxes which amplify the harm from monopoly, a digressive tax lessens the harm. We analyse a tax on price with respect to efficiency and practical...

The author analyses delegation in homogenous duopoly under the assumption that firm-managers compete in supply functions. He reverses earlier findings in that owners give managers incentives to act in an accommodating way. That is, optimal delegation reduces per-firm output and increases profits...