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Additive Manufacturing (AM) enables mass customization and has thereby the potential to revolutionize traditional manufacturing. In this paper, we examine how the adoption of AM affects competition and welfare in traditionally standardized product markets. Analyzing a game-theoretical model of...
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The internationalization of cities and the constitution of a new international space of power involves a much more …-states. Historically, the internationalization of cities carries strategic values such as peace, culture, and sustainability, among others … internationalization is directly related to the democratic environment, degree of social participation, and local government’s autonomy …
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In some countries around the world, the advantages of globalisation have been increasingly called into question recently. In particular, takeovers by foreign firms raise suspicions of technology theft and job cuts at the newly acquired local plant. By looking at Germany, as a large open economy,...
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