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This paper develops a general equilibrium model with endogenous international economic structure and international division of labor to identify the forces that determine the size of foreign direct investment (FDI). It shows that the volume of FDI is affected positively by host country's...

This paper develops a general equilibrium Ricardian model with transaction costs to investigate the determinants of the firm's sourcing decision. It derives conditions under which different sourcing choices and corresponding trade patterns occur in general equilibrium. These conditions suggest...

In this paper, we investigate empirically the effect of two recent domestic airline alliances. We find that both alliances benefited consumers - average fares fell and total traffic increased after the creation of the alliances on those city pairs affected by the alliances. We also find that...

Using data collected between August 1999 and January 2000 covering 399 books, including New York Times bestsellers, computer bestsellers, and random books, we examine pricing by thirty-two online bookstores. One common prediction is that the reduction in search costs on the Internet relative to...

Can "competition of competition laws" be a feasible concept that should play an important role in an international order for the worldwide protection of competition? We introduce four different types of regulatory competition that allow for a more differentiated analysis of beneficial and...

In dem Paper wird untersucht, wann ein vertikal integrierter Netzbetreiber einen Anreiz hat, durch Fordern hoher Netznutzungsentgelte den Wettbewerb im nachgelagerten Produktmarkt zu beschränken. Außerdem wird geprüft, ob und wie eine kostenorientierte Regulierung der Netznutzungsentgelte den...

Anti-Sharing may solve the sharing problem of teams: the team members promise a fixed payment to the Anti-Sharer. He collects the actual output and pays out its value to them. We prove that the internal Anti- Sharer is unproductive in equilibrium.

Partly as a result of the rapid growth in Chinese higher education, graduate placement has become a critical issue facing colleges and universties. In response, one of the policy initiatives adopted by the Chinese government is for higher education institutions to put an emphasis on...

Designing and adopting a global response to address the rise of chronic diseases in both the industrial and developing world requires policymakers to engage in global health diplomacy. In the context of the recent United Nations’ High-Level Summit on Non-Communicable Diseases, the paper first...