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Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and …/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms … illegality of their agreements and incentives for deviation by their members. In The Economics of Collusion, Robert Marshall and …
Persistent link: https://www.econbiz.de/10010905559
Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and …/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms … illegality of their agreements and incentives for deviation by their members. In The Economics of Collusion, Robert Marshall and …
Persistent link: https://www.econbiz.de/10010535198
, Deming shows how a style based on cooperation rather than competition can help people develop joy in work and learning at the …
Persistent link: https://www.econbiz.de/10005233371
important field of economics that have led to notable changes in views on governmental competition policies. They focus on the … nature and role of competition and other determinants of market structures, such as numbers of firms and barriers to entry …; other factors which determine the effective degree of competition in the market; the influence of major firms (especially …
Persistent link: https://www.econbiz.de/10005237362
cartel laws on market structure and profitability; the links between competition, advertising, and innovation; and the …Policies to promote competition are high on the political agenda worldwide. But in a constantly changing marketplace …, the effects of more intense competition on firm conduct, market structure, and industry performance are often hard to …
Persistent link: https://www.econbiz.de/10004973164
deregulatory movement: the introduction of incentive regulation; one-way access; the special nature of competition in a industry …In Competition in Telecommunications, Jean-Jacques Laffont and Jean Tirole analyze regulatory reform and the emergence … of competition in network industries using the state-of-the-art theoretical tools of industrial organization, political …
Persistent link: https://www.econbiz.de/10005755471
evolve depends on politics and policy, and since the 1950s periodic overhauls of ICT policy have transformed competition and … competition) also transformed the information market. Today, the diffusion of Internet, wireless, and broadband technology … competition to flourish. The authors (two of whom were architects of international ICT policy reforms in the 1990s) discuss this …
Persistent link: https://www.econbiz.de/10004991826
This is the second volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"—a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of...
Persistent link: https://www.econbiz.de/10005233383
This is the second volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"—a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of...
Persistent link: https://www.econbiz.de/10005237360
Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior; or they can take a "wait and see" approach to...
Persistent link: https://www.econbiz.de/10010535207