Different types of markets exist throughout the world but how are they created? In this book, an interdisciplinary team … of authors provide an evolutionary vision of how markets are designed and shaped. Drawing on a series of case studies …, they show that markets are far from perfect and natural mechanisms, and propose a new view of markets as social construct …

This paper studies investments in new markets where more than two (anticipated) identical competitors are present. In …

. Competition from venture capitalists increases corporate venturing activity, the salaries of potential entrepreneurs, and total …

the performance of imperfectly competitive markets. We consider a regional market in which a measure that has an incumbent …-release measures applied under regulatory control are indeed effective short-term policies for promoting gas-to-gas competition. …

This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … firm is better off encouraging competition when the downstream firms have high bargaining power. We derive implications on …