This book provides an economic analysis of various aspects of ‘market quality’, a new concept which emerged in the 21st century, using the tools of ‘oligopoly theory’ and ‘auction theory’ that evolved over the 19th and 20th centuries. In the economics literature the link between the...

This book aims to provide a thoroughly updated overview and evaluation of the industrial organization of banking. It examines the interplay among bank behavior, market structure, and regulation from the perspective of a variety of public policy issues, including bank competition and risk, market...

This book examines an integrated innovation environment. Coverage describes four market archetypes as well as the market outcome for each archetype. The book analyzes innovation dynamics, including commoditization, the constant innovation challenge and the sustainability of innovation along with...

Endogenous Market Structures and the Macroeconomy introduces strategic interactions and endogenous entry to study business cycles, trade and growth. Going beyond the neoclassical approach, the EMSs approach provides new insights on macroeconomic policy, trade policy and RD policy. The book...

The Banking Environment -- Alternative Perspectives on Bank Behavior -- The Industrial Economics of Banking -- The Economics of Banking Antitrust -- Bank Competition, Stability, and Regulation -- Economic Foundations of International Banking -- Capital Regulation, Bank Behavior, and Market...

Fundamente einer disaggregierten Wettbewerbsökonomie -- Wettbewerbstheoretische Bausteine -- Regulierungstheoretische Bausteine -- Industrieökonomische Bausteine -- Lokalisierung und Disziplinierung von Marktmacht -- Wettbewerbspolitische Leitbilder -- Marktmachtregulierung im Bereich...

Comments on the Translation -- 1 Stating the Economic Problem and Basic Principles -- 2 General Analysis of Typical Market Structures -- 3 Analysis of the Relationship between Dual Markets and Multiple Markets -- 4 Dyopolistic Market Share Ranking -- 5 Landmark History of Economic Thought -- 6...

Over the last decades, technological progress has brought about a multitude of standardization problems. For instance, compatibility standards ensure the interoperability of goods, which is of decisive importance when users face positive externalities in consumption. Consumers' expectations are...

This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices...