The sugar industry is a major provider of jobs and income for sugar-exporting countries in Africa. The lower sugar prices that were caused by the recent liberalisation of the EU sugar market may not only jeopardise economic development in those countries, but the reforms also create difficulties...

Die Entstehung und das Wachstum des größten afrikanischen Markts für Informations- und Kommunikationstechnologie (IKT) in Lagos beruhen auf Agglomerationseffekten und dem Zusammenspiel komplementärer Erfolgsfaktoren, die mit positiven externen Effekten behaftet sind. Notwendige Reformen, die...

We investigate how grade repetition, an important problem in developing countries, can be reduced by electrifying households. Electric lighting helps extend study hours, while information and communications technology (ICT) such as TVs and radios can improve language proficiency by exposing...

This article presents a model where the managers of two firms decide about adopting a sustainable production technology. It demonstrates under what circumstances a firm experiences a first mover disadvantage from the adoption of this technology, and it shows how a Pareto improvement can be...

In diesem essential erklären die Autoren, unter welchen Umständen es zu Marktversagen kommt und das freie Spiel der Marktkräfte nicht zu einem gesellschaftlich wünschenswerten Ergebnis führt. Sie diskutieren, ob und, wenn ja, welche Staatseingriffe zu einer Erhöhung der Wohlfahrt führen....

This article presents a mechanism design analysis of the optimal wholesale tariff proposed by the monopolistic manufacturer of a branded product to a monopolistic retailer if the retailer also sells a private label whose quality is unobserved by the brand manufacturer. While prior literature had...

This article derives the optimal wholesale tariff that is proposed by the monopolistic manufacturer of a branded product to a monopolistic retailer if the retailer also sells a private label whose quality is unobserved by the brand manufacturer. The focus is on market-share contracts where the...