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We live in an “Information Age” of overabundant data and lightning-fast transmission. Yet although information and knowledge represent key factors in most economic decisions, we often forget that data, information, and knowledge are products created and traded within the knowledge economy....
Persistent link: https://www.econbiz.de/10010535221
Regulatory reform had its beginnings in the United States in the 1970s, and today it is taking place around the globe. One of the central questions for industrial policy is how to regulate firms with market power. Regulatory Reform tackles this important policy issue in two parts: it describes...
Persistent link: https://www.econbiz.de/10004972978
Internet telephony is the integration and convergence of voice and data networks, services, and applications. The rapidly developing technology can convert analog voice input to digital data, send it over available networked channels, and then convert it back to voice output. Traditional...
Persistent link: https://www.econbiz.de/10004973159
Game theory has come to dominate industrial organization economics, but business strategists continue to debate its usefulness. So far, empirical work on the application of game theory to business strategy has been too limited to force a consensus. As a (partial) remedy, Games Businesses Play...
Persistent link: https://www.econbiz.de/10004973230
Today's wide economic gap between the postindustrial countries of the West and the poorer countries of the third world … is not new. Fifty years ago, the world economic order--two hundred years in the making--was already characterized by a … economic historian Jeffrey G. Williamson traces the great divergence between the third world and the West to this nexus of …
Persistent link: https://www.econbiz.de/10010905538
corporate governance in Scandinavia; the “small world” of merger and acquisition activity in Germany and the United States; the …
Persistent link: https://www.econbiz.de/10010905539
macroeconomic issues relevant to developing countries and, in a world of continuing financial crisis, to industrial countries as …
Persistent link: https://www.econbiz.de/10010905549
David Fox (Ph.D. Economics, Columbia, Visiting Assistant Professor at Kester College, Knittersville, New York) is having a stressful year. He has a temporary position at a small college in a small town miles from everything except Albany. His students have never read Freakonomics. He thinks he...
Persistent link: https://www.econbiz.de/10010905550
Why do financial institutions, industrial companies, and households hold low-yielding money balances, Treasury bills, and other liquid assets? When and to what extent can the state and international financial markets make up for a shortage of liquid assets, allowing agents to save and share risk...
Persistent link: https://www.econbiz.de/10010905551
-cutter suburban housing. It also transformed industrial labor and provoked strikes and union drives. During World War II and the Cold …
Persistent link: https://www.econbiz.de/10010905555