The paper sheds light on two questions, using transaction cost theory: 1) Why do management consultants exist, and 2 …

concentration in the product market. We show that while such an increase may be profitable, it may be socially inefficient. …

The LoopCo Plan, which uses market mechanisms to promote competition, is the best approach to restructuring the … telecommunications market, say its proponents, who object to the requirements and to-date implementation of the Telecommunications Act of …

’s restructured electricity sector and its performance are discussed. The effects on wholesale market prices are analyzed. The …

depends on the market coverage conditions. When the market is fully covered, one-way compatibility is the best strategy for … the proprietary software. When the market is partly covered, two-way compatibility is the best strategy. Such results are … not affected by software quality. Furthermore, when the provider of the open source software pursues the maximum market …

our theory using data on the more than 20,000 plants in the sector producing engineering services for petrochemical plants …: International competition, market size, competencies, engineering industry …