The emphasis of this book is on understanding special characteristics of the financial systems of emerging markets, where the existence of market imperfections such as asymmetric information, adverse selection and moral hazard can cause financial market failures. Considering the Thai stock...

Interest in the Latin American emerging markets (LAEM) has increased considerably in recent years. It is often claimed that they have to pay a price for being too different from developed markets, i.e. for having weak institutions, failed macroeconomic programs, political instability, poor...

Bei der Einführung innovativer Kommunikationsdienste stehen Anbieter vor der Aufgabe, einen Markt zu schaffen, denn Nachfrager sind erst dann bereit, in die Kommunikationstechnologie zu investieren, wenn eine zufrieden stellende Teilnehmerzahl erreicht wird. Der Aufbau positiver Erwartungen...

Chapter 1. Introduction -- Chapter 2. Technology Standards and Competition in the Mobile Industry by Kirti Gupta -- Chapter 3. Standard Setting Organizations and Competition Laws: Lessons and Suggestions from the United States by Donald E. Knebel -- Chapter 4. FRAND Commitments and Royalties for...

Competition and Efficiency in the Mexican Banking Industry contributes to the understanding of competition policy in the Mexican banking system and explains how levels of competition relate to the efficiency of banks

This second edition demonstrates that there are more conditions and actors prevalent in the economy than are considered today, and builds a balanced view of responsibility that would not be shunned by corporate executives. The wider economic responsibilities of organizations have been identified...

This book focuses on the competitive situation and policy outlook of China’s provincial economy in the 13th five-year period. It begins with a general evaluation report on the country’s provincial comprehensive Economic Competitiveness, followed by analyses at the international, national and...

The book analyzes the role of technology in the redefinition of the competitiveness of insurance markets. With a focus on the competitive challenges of InsurTech startup to the incumbent insurers, the book will discuss the strategic role of technology both in the development and in the...