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Before 1980, strong demand existed in Australia for the economics degree. Since then, competition from programs in business and management has increased. Student preferences have shifted from university and secondary economics. Economics enrollments have declined in both sectors. The authors...
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In the absence of an effective antitrust law, both fare wars and price collusion have been pervasive in China's airline markets, causing concern for both airlines and consumers. A study of monthly airfare data from 2002 to 2004 confirms that fare wars occur periodically, as well as price...
Persistent link: https://www.econbiz.de/10009146591
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,...
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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