A közgazdaságtani gondolkodás hajlamos a piaci mechanizmusokat ab ovo egyensúlyi rendszereknek tekinteni, ahol az egyensúlyi állapot elérése legfeljebb idõ kérdése. Ez a szemléletmód azonban néhány erõs feltételezésen alapszik: (i) a láthatatlan kéz explicit megjelenése a...

Politicians and car owners are regularly concerned about the level of gasoline prices. Especially, Dutch gasoline prices seem to be high in an European perspective. This paper therefore analyses the developments of gasoline prices in the Netherlands and some other European countries from 1996 up...

From its early days, the World Wide Web space has demonstrated strong agglomeration trends with a very small number of web sites capturing the larger part of the Internet population. At a first glance, agglomeration over the virtual space sounds as a paradox. Web sites are numerous and highly...

This paper examines industry concentration for the South African manufacturing sector over the 1972-1996 period, for the three digit industry classification. The paper notes both the high level of industry concentration in South African manufacturing, and a rising trend in concentration across a...

This paper analyses two approaches to measuring market power -the commonly used Lerner index and a range of exploitation measures-. It is argued that the Lerner index is designed to quantify market power from the supply side, and the exploitation measures are designed to quantify market power...

This paper analyses two approaches to measuring market power-the commonly used Lerner index and a range of exploitation measures-. Itis argued that the Lerner index is designed to quantify market power fromthe supply side and the exploitation measures are designed to quantify marketpower from...

This study is devoted to analysis of different aspects of world oil market development and its role in further growth of individual national economies, especially in connection with the ever intensifying globalization process. The study shows individual aspects and parts of the oil market, be it...

The authors examine industry concentration for the U.S. food manufacturing sector. This study is the first to examine whether particular subsectors within the food manufacturing industry, which operate in the presence of industry-funded check-off programs such as marketing orders, are more or...

A tanulmányban ármerevséget vezetünk be egy ágensalapú piaci modellbe a Calvo-féle megoldáshoz hasonló módon. Amellett érvelünk, hogy az árak merevségének DSGE modellekben leírt következményei (átváltás az ár és a termelés ingadozása között, illetve az átlagos...

For the past few years, the network neutrality debate has been a burning international issue, and many researchers have provided various solutions to solve the network neutrality debate in a short time. So far, however, both the proponents and opponents of network neutrality have not provided...