This paper develops a multi-agent dynamic model of the commercial aircraft industry and then uses that model to analyze industry pricing, industry performance, and optimal industry policy. In the model, firms are differentiated in their products and cost structure, and entry, exit, prices, and...

This paper develops a multi-agent dynamic model of the commercial aircraft industry and then uses that model to analyze industry pricing, industry performance, and optimal industry policy. In the model, firms are differentiated in their products and cost structure, and entry, exit, prices, and...

It is important for the Government to keep the market in check and to maintain a standard of conduct where it promotes a healthy competition between all the players in the market. It is here where the Competition Commission of India (CCI) comes into play as the major regulator who lays down the...

Industriepolitik ist einer der schillerndsten Begriffe der Wirtschaftswissenschaften. Überwiegend wird Industriepolitik als unzulässiger Eingriff in den marktlichen Allokationsmechanismus abgelehnt. In der wirtschaftspolitischen Praxis findet sich Industriepolitik dagegen fast ausnahmslos in...