Showing 1 - 10 of 2,834
introduction of competition and improved quality of regulations, which together condition the speed of technology migration, the …
Persistent link: https://www.econbiz.de/10014346219
The question of whether and how partial common-ownership links between strategically interacting firms affect firm objectives and behavior has been the subject of theoretical inquiry for decades. Since then, the growth of intermediated asset management and consolidation in the asset-management...
Persistent link: https://www.econbiz.de/10012932628
economies and competition law to protect those economies. No one could have predicted that within twenty years most of the world …’s trading economies would have adopted recognizable forms of competition law including the former nations of the Soviet Union … form of competition law. This has been the one of the principal, but by no means the only, topic of his work as an academic …
Persistent link: https://www.econbiz.de/10014171417
This paper, a chapter in the forthcoming Research Handbook on the Economics of Corporate law, describes the leading research related to credit ratings, and assesses regulatory proposals related to ratings, including those in the Dodd-Frank Act of 2010. It explains how rating agencies have...
Persistent link: https://www.econbiz.de/10013107567
competition policy. Over her illustrious career, Professor Fox's scholarship traces an arc that began with the battle for the soul …, Professor Fox became a prominent voice in analyzing EU competition law and explaining that system to U.S. and international … audiences as the influence of the U.S. as the antitrust hegemon began to wane. EU competition law was a natural focus for her …
Persistent link: https://www.econbiz.de/10012960432
This paper discusses the economics of how Bitcoin achieves data immutability, and thus payment finality, via costly computations, ie "proof-of-work". Further, it explores what the future might hold for cryptocurrencies modelled on this type of consensus algorithm. The conclusions are, first,...
Persistent link: https://www.econbiz.de/10012893259
Global warming, sea level rise, and extreme weather events have made climate change a top priority for policymakers across the globe. But which policies are best suited to tackle the enormous challenges presented by our changing climate? This Article proposes that policymakers turn to prediction...
Persistent link: https://www.econbiz.de/10012899315
The past twenty years have witnessed the emergence of internet conglomerates fueled by acquisitions. We provide a simple theoretical model to shed some light on this. Following a large literature in management (Wernerfelt, 1984) we endow firms with a set of scarce competencies which drive their...
Persistent link: https://www.econbiz.de/10012855628
This paper discusses the economics of how Bitcoin achieves data immutability, and thus payment finality, via costly computations, i.e., proof-of-work." Further, it explores what the future might hold for cryptocurrencies modelled on this type of consensus algorithm. The conclusions are, first,...
Persistent link: https://www.econbiz.de/10012849495
This paper presents an analysis of the world iron and steel industry from 1950 to 1980. After presenting a technical overview describing the technological possesses in use during that period by the steel, the iron ore and the ferrous scrap industries, we describe and analyse, on economic...
Persistent link: https://www.econbiz.de/10014060280