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of the Wettbewerbsordnung (an economic order based on competition), advocated by Eucken, was never made. This was … expressed in insufficient fighting against the formation of economic power (competition policy) and in a neglect of the …
Persistent link: https://www.econbiz.de/10014863448
Aims to examine the issue of industrial strategy (IS), paying particular attention to the case of Britain. Sets out to assess the possibility and ature of an industrial strategy for Britain, in Europe, and within the global scene, taking into account the world we live in as we see it....
Persistent link: https://www.econbiz.de/10014863451
Proposes a model which shows that Stackelberg competition is not necessarily welfare‐ enhancing compared with Cournot … competition. Shows that, although in a simple duopoly model prices in a Stackelberg equilibrium are lower than in a Cournot … equilibrium, this is not necessarily true in an entry‐deterrence framework, where post‐entry competition is Stackelberg rather …
Persistent link: https://www.econbiz.de/10014863497
Considers the treatment of openness and imperfect competition in the influential analysis of Layard, Nickell and … imperfect competition assumed. It is argued that openness is crucial to the model′s properties, whereas imperfect competition is …
Persistent link: https://www.econbiz.de/10014863866
. Presents the main theories of rivalrous interaction among business firms and the problems of oligopoly and monopoly. Notes how …
Persistent link: https://www.econbiz.de/10014863891
This is a study of Attilio da Empoli’s reception in English. Describes the search to find his works or references to him. Gives details of the search process. There are only a few references to his work in English. There is nothing about his life in English. The first biography in English,...
Persistent link: https://www.econbiz.de/10014863912
Reconsiders Umberto Ricci’s harsh comments on the book of the young Attilio da Empoli about the Theory of Economic Equilibrium and also re‐examines da Empoli’s original theses about “ultramarginality” that aroused Umberto Ricci’s fierce criticism. In his reply, da Empoli punctually...
Persistent link: https://www.econbiz.de/10014863914
to the theory of monopolistic competition. During the 1920s a lively discussion developed about the link between the cost … structure of the individual firm and the degree of competition in the wake of the demise of the Marshallian concept of the … (“external competition”) and the inadequacy of the Cournot solution for spatially differentiated firms that compete with …
Persistent link: https://www.econbiz.de/10014863915
theirs. Da Empoli’s work is on the process of competition. In this he has affinity to work of Knight and Clark written in the …
Persistent link: https://www.econbiz.de/10014863919
to the treatment of competition as an adjective. For da Empoli, competition was a rivalrous process, a verb. It is … competition as a process would now be at a more advanced state.  …
Persistent link: https://www.econbiz.de/10014863920