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This paper examines the persistence of cartel behaviour in Australia using evidence gathered from 1901 to 1939, when interest in cartels was intense, and academic studies from the 1950s and 1960s, when modern antitrust legislation was introduced. The aim is not to identify long-term cartels,...
Persistent link: https://www.econbiz.de/10011188017
<title>Abstract</title> Australia, Canada, Germany, and the United States experienced a substantial decline in undergraduate degrees in economics from 1992 through 1996, followed immediately by a modest recovery. This cycle does not conform to overall degree trends, shifts in the gender composition of...
Persistent link: https://www.econbiz.de/10010974871
The Monty Hall three-door, "Let's Make a Deal" game, named after the 1970s television show, is used widely in economics, econometrics, statistics, and game-theory-based teaching, as well as in many other disciplines. Its solutions and underlying assumptions arouse great passion and argument, in...
Persistent link: https://www.econbiz.de/10010974980
Australia, Canada, Germany, and the United States experienced a substantial decline in undergraduate degrees in economics from 1992 through 1996, followed immediately by a modest recovery. This cycle does not conform to overall degree trends, shifts in the gender composition of undergraduate...
Persistent link: https://www.econbiz.de/10005034035
The provision of comprehensive consumer protection legislation is not high on the policy agenda in most developing economies, given what are seen to be more urgent economic and social goals such as encouraging economic growth and the eradication of poverty and illiteracy. Yet large welfare...
Persistent link: https://www.econbiz.de/10005658738
The level and nature of competition in supermarket retailing in Australia has been hotly debated as a policy issue in recent times. The creeping acquisitions of smaller groups by Coles and Woolworths have led to several investigations amid claims that consumers will be disadvantaged by the...
Persistent link: https://www.econbiz.de/10005658954
Third-degree price discrimination is taught in almost every intermediate microeconomics class. The theory, geometry, and the algebra behind the concept are simple, and the phenomenon is commonly associated with the sale of many of the goods and services used frequently by students. Classroom...
Persistent link: https://www.econbiz.de/10005600569
Australia, Canada, Germany, and the United States experienced a substantial decline in undergraduate degrees in economics from 1992 through 1996, followed immediately by a modest recovery. This cycle does not conform to overall degree trends, shifts in the gender composition of undergraduate...
Persistent link: https://www.econbiz.de/10005600594