Drawing together the concepts of inefficiency and banking crisis is directly inspired by business cycles theory where a crisis is the turning point from which the market/economy is recovering. If inefficiency plays a role in the occurrence of banking crisis, the post-crisis period should be the...

Improving the performance of supply chains is a critical issue in nowadays industry. In that purpose, cooperation between partners motivates a great attention. Technical aspects of current cooperation procedures as promoted by large companies are firstly described, and compared to some real...

Current EU policy exempts horizontal R&D agreements from antitrust con- cerns when the combined market shares of participants are low enough. This paper argues that existing theory does not support limiting the exemption to low market shares. This is done by introducing a set of non-innovating...