Naturally, competition policy is based on competition economics made applicable in terms of law and its enforcement. Within the different branches of competition economics, modern industrial economics, or more precisely game-theoretic oligopoly theory, has become the dominating paradigm both in...

The term “Fishing Down Marine FoodWebs” describes the gradual transition in landing from marine ecosystems towards organisms lower in the food web. To address this issue and the need to manage the marine ecosystem in a broader perspective, Ecosystem Management is recommended. Ecosystem...

På sin vis kan man betragte hele Keynes’ forfatterskab som en langstrakt kamp for at formulere et relevant alternativ til den herskende ortodoksi. Som bekendt kom dette gennembrud først i 1936 med udgivelsen af The General Theory. I nærværende papir skal der sættes fokus på et af...

Cities are at the heart of Europe. As four of every five European citizens live in urban areas, their quality of life and the quality of their environment depends upon how cities look and how they function. Cities are also places where business is done, investments are made and jobs are created....

Stock models, in which production is interpreted as if it were the population growth of a stock, have been the preferred tool for fishery economics since Clark and Munro (1975) introduced capital theory in these models. Ravn-Jonsen (2009c) applied capital theory to a model in which the...

The recent literature on unified growth theory has shed new light on the transition to sustained economic growth. Nevertheless, unified growth theory has not devoted a lot of attention to the nature of economic growth and its impact in the transition from Malthus to Solow. This research presents...

This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions. It develops a competition-policy oriented framework of assessment criteria for the leading evaluation methods and applies them to structural modeling and simulation,...

Cost has a significant impact on competitiveness within the shipbuilding industry. In China, low costs have created favourable conditions for domestic shipyards competing in the international market. However, China’s shipbuilders have been facing rising cost pressures in recent years, which...