Die Verbindung von Unternehmen ist keine Erscheinung der letzten Jahre. Vielmehr beruht das Konzept der Merger & Akquisition (M&A) auf grundlegenden wirtschaftstheoretischen Theorien, die in der Diskussion allerdings oftmals von populistischen Motiven für die Fusion im vorliegenden Fall...

This publication features conversations on antitrust law with Nobel Prize laureates in Economics and aims at understanding how useful their work could be to antitrust law. Given the rigor and importance of their body of work, antitrust scholars, lawyers, officials, and anyone who's interested in...

This paper gives an overview and evaluates the literature on Microfoundations.

Money throughout the world has been operating without a defined denominator. Currency names identify nationality but not value. Equal work time is now and has been the center line of gravity of currency exchange rates since the IMF began publishing the data to see it, since 1948. Adoption of an...

This paper gives an overview and evaluates the literature on Microfoundations.<P> See also 'Microfoundations: A Critical Inquiry', Routledge, London, 1993 Reviewed in Economic Journal, 1994; De Economist, 1995; Journal of Economic Methodology, 1996; Economics and Philosophy, 1996).

This paper gives an overview and evaluates the literature on Microfoundations.<P>

For markets to work efficiently, buyers and sellers must be able to transact easily. People must have access to a marketplace such as a supermarket or a stock exchange with adequate liquidity. Further, people must have confidence that such a well-functioning marketplace will also exist in the...

Le marché mondial du vin est caractérisé par un développement sans précédent en ce qui concerne la production, mais aussi l'aire géographique qu'il comprend. La surproduction qui a tendance à dégénérer en une crise est due premièrement à l'apparition de nouveaux acteurs sur ce...