The main objectives of the study are to illuminate the development of the Common AgriculturalPolicy (CAP) up to the Agenda 2000 reforms, to evaluate the reform decision of June2003, and to show and discuss options for the future development of the CAP.In chapter 2 the objectives of the CAP are...

The assessment of the role for the EU and the member states in environmental andagricultural policy in this paper is based on the principle of subsidiarity. Applied to thequestion of centralisation versus decentralisation of policy design and implementation, thesubsidiarity principle states that...

The increasing dynamism and complexity of business environmentsmeans that early recognition and monitoring of technological, market,political and social developments is becoming increasingly significant toinnovative success.In order to successfully identify innovation opportunities and risks,...

Designing electronic markets is still a rather intricate process. eNegotiation - and thereby trading rules - embody the core of the institution ”electronic market”. Although success or failure of electronic markets is strongly influenced by the design of the trading rules the design process...

When adjustment costs are present, cyclical preference and technology heterogeneities in aproduct’s markets induce cycles in production. We exploit cyclic and dihedral groupinvariances in an industry’s cost technology to describe these patterns. We show whenequilibrium cyclical pricing and...