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Changing boundaries and structure of a technological system: lessons from UK retail banking

Consoli, Davide - EconWPA - 2005

This article investigates the factors that have induced and shaped the process of industry evolution of banking in the United Kingdom and, in particular, the reorganization of the retail payments system. It will look at how the effects of technical progress within a changing regulatory framework...

Persistent link: https://www.econbiz.de/10005076877

Changing boundaries and structure of a technological system: lessons from UK retail banking

Consoli, Davide - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005407652

The Travails of Current Macroeconomic and Exchange Rate Management in China: The Complications of Switching to a New Growth Engine

Woo, Wing Thye - EconWPA - 2003

Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter … challenges have their roots in China’s inadequate marketization and continued discrimination against the domestic private sector … themselves into nonperforming loans. In partially-reformed China, public-directed investments via the state enterprises tend to …

Persistent link: https://www.econbiz.de/10005062405

Financial Development, Labor and Market Regulations and Growth

FONSECA, Raquel; GONZALEZ, Natalia UTRERO- - EconWPA - 2005

This paper investigates the importance that market regulation and financial imperfections have on …rm growth. We analyse institutions affecting labor market as Employment Protection Laws (EP) and Product Market Regulation (PM). We show that together with the beneficial effects of …nancial...

Persistent link: https://www.econbiz.de/10005077008

Trade, Technology, and Plant Performance

Jensen, J. Bradford; Musick, Nathan - EconWPA - 1996

Previous research shows that both exporting and the use of advanced technologies independently enhance the performance of U.S. manufacturing plants in a variety of ways. The research presented below shows that plants that both export and use advanced technology outperform other plants in a...

Persistent link: https://www.econbiz.de/10005134406

B2C eCommerce Strategy and Market Structure: The Survey Based Approach

Schmitz, Stefan W.; Sint, Peter Paul - EconWPA - 2003

This paper follows two objectives: (i) It demonstrates the merits of the survey based approach to B2C eCommerce characteristics and company strategy, and (ii) it presents empirical evidence of the crucial importance of size and marketing investment in B2C eCommerce markets. It presents...

Persistent link: https://www.econbiz.de/10005134447

Cash and the Counter: Capabilities and Preferences in the Demand for Banking Technologies

Consoli, Davide - EconWPA - 2005

The main argument of this paper is that consumption and demand, like production, are discovery processes guided by trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By bringing together a number of threads within the...

Persistent link: https://www.econbiz.de/10005134450

Product Variety under Brand Influence: An Empirical Investigation of Personal Computer Demand

HUI, Kai-Lung - EconWPA - 2002

Prior research suggests that brand may influence consumer preference for differentiated products. However, the extant literature does not measure how brand value affects product similarity and consumer choice. This paper examines demand response to the proliferation of personal computers (PCs)....

Persistent link: https://www.econbiz.de/10005134477

An Equilibrium Theory of Rationing

Gilbert, Richard J.; Klemperer, Paul - EconWPA - 1999

Setting a price that results in rationing may be optimal for a seller whose customers must make a specific investment to be able to use its product. Rationing results in ex-post inefficiency, but the resulting distribution of ex-post surplus can compensate consumers for their...

Persistent link: https://www.econbiz.de/10005135051

Relative Thinking Theory

Azar, Ofer H. - EconWPA - 2005

The article presents a theory that I denote “Relative Thinking Theory,” which claims that people consider relative differences and not only absolute differences when making various economics decisions, even in those cases where the rational model dictates that people should consider only...

Persistent link: https://www.econbiz.de/10005135074

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