This teaching module shows how U.S. antitrust laws are affected by ‘intentional' and ‘evolutionary' visions of socio-economic market processes. The extent of government's role is studied to review whether the U.S. antitrust laws should be strengthened, reformed or repealed. The focus of...

The potential supply of biomass feedstocks in the US and Canada is estimated using a static supply function approach. Estimated total biomass available at a price of $100 per metric ton is 568 million metric tons in the US and 123 million tons in Canada, which together can displace 23-45 billion...

Substitution of petroleum fuels with biofuels such as ethanol and biodiesel has been shown to reduce greenhouse gas (GHG) emissions. These GHG reductions can be traded in the emerging carbon markets, and methodologies for quantifying and trading are still being developed. The main challenges in...

The advances in technology, government grants and socio-environmental issues have caused a shift from corn to cellulose as ethanol feedstock, with more than 25 cellulosic ethanol plants being constructed in various parts of US (Ethanol RFA, 2008). Such a change in production and investment...

This article considers how economic research and rationale have changed the interpretation and implementation of US antitrust laws. Section 1 considers the two opposing ideologies that contributed to the development and implementation of US antitrust laws viz. INTENTIONAL and EVOLUTIONARY...