Showing 1 - 10 of 53
The sale of ideas (e.g. through licensing) facilitates vertical specialization and the division of labor between research and development. This specialization can improve the overall efficiency of the innovative process. However, these gains depend on the timing of the sale: the buyer of an idea...
Persistent link: https://www.econbiz.de/10009368491
This paper investigates the degree of competition in the WAEMU financial industry over the period 2002-2007 using firm-level data (591 year-firm observations). Market structure analysis, the Panzar-Rosse model and conjectural variation are applied to assess the level of competition. The results...
Persistent link: https://www.econbiz.de/10010899373
We present a Cournot model that compares the critical threshold of collusion in Duopoly and Oligopoly Markets where the actors are private, mixed or public. We assume that the incentive critical threshold for collusion depends on the interconnection fees. The different threshold values...
Persistent link: https://www.econbiz.de/10010899868
leader firm or its competitors). Regulation can have either a positive or a negative effect on R&D intensity. It can be …
Persistent link: https://www.econbiz.de/10010930195
The literature in financial history usually considers London as the only centre of the late 19th century's financial globalization, and explains it at least in part by the efficient microstructure (organization) of the London Stock Exchange (LSE). The LSE is characterized as having been a little...
Persistent link: https://www.econbiz.de/10010930243
Regulating financial OTC markets.
Persistent link: https://www.econbiz.de/10009650045
The deployment of smart grids in electricity systems has given rise to much interdisciplinary research. The new technology is seen as an additional instrument available to States to achieve targets for promoting competition, increasing the safety of electricity systems and combating climate...
Persistent link: https://www.econbiz.de/10009278325
La relecture des travaux du séminaire "régulation et développement" (1996-1999)permet de montrer que la théorie de la … régulation constitue une assise solide pour l'analyse des pays en développement. A cette fin, l'utilisation analytique des formes …
Persistent link: https://www.econbiz.de/10010750996
The 2007/08 financial crisis results in two major problems that issue difficult challenges for the economic theory and policy. The first challenge is the rise of unemployment notwithstanding growing imbalances of budget deficits. The second is the monetary and financial instability threatening...
Persistent link: https://www.econbiz.de/10010898561
The air transport sector is going to enter the European Trading Scheme in 2012. The regulation of CO2 emissions is … regulation but also CO2 emissions of airlines are modelled. We show that, in a perfect competition setting, the difference … between passengers carried without regulation and when the regulation is considered is negative for the best-performing planes …
Persistent link: https://www.econbiz.de/10010898851