After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is … market is one of imperfect competition, but even so the cross-subsidy argument is unlikely to be valid. A qualitative …

After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is … market is one of imperfect competition, but even so the cross-subsidy argument is unlikely to be valid. A qualitative …

This paper shows that the issues in the recent discussion over the 'home-market effects' are more complicated than … previously thought. It is shown that, in general, market size matters for industrial structure even when both the homogeneous and … the differentiated goods face transport costs. The home-market effect for production structure can arise, disappear, or …

We study an experimental market in which the structure of the information flows is endogenized. When making an offer … inform only one other trader about each offer, the resulting institution is equivalent to a decentralized bargaining market … typically informed all traders of the other market side, but none of their own side. This endogenously evolving institution …

In this paper we analyse the impact of product market competition and ownership structure on corporate performance. We …

establishing their importance within the whole strategy of the company. Another goal is the wish to cover as many of these markets … markets within European market are in various strategic positions through their specificity, with the prevalence of a certain …

China’s huge domestic market is constantly expanding, and is low-end demand oriented and highly dispersed. The … domestic market-based development of China’s industrial cluster, however, is not only a quantitative expansion, but has also … make the case that under modern China’s market conditions, the local public sector is the crucial driving force for …