The development of the Ukrainian banking system from 2005 to 2010 is analyzed in the article. The authors determined basic problems and perspectives of the banking system functioning.

The development of the Ukrainian banking system from 2005 to 2010 years is analyzed in the article. The authors determined basic problems and perspectives of the banking system functioning.

How does market organization affect quality innovation efforts and social welfare? Three stochastic dynamic market structures considered are monopoly, duopoly, and social planning. Products can be either linearly or nonlinearly substitutable. The introduction of a step function allows richer...

We show that the standard analysis of vertical relationships transposes directly to investment dynamics. Thus, when a firm undertaking a project requires an outside supplier (e.g., an equipment manufacturer) to provide it with a discrete input to serve a growing but uncertain demand, and if the...