Although Ireland has done much already to reduce its government deficit, the scale of the fiscal adjustment required means that there is still some distance to go. In international terms, Ireland's fiscal consolidation will ultimately prove to be one of the largest recorded in the Organisation...

A ban on pricing below cost was implemented under the 1987 Groceries Order based on the premise that loss leading used in multi-product retail pricing distorts competition and exploits consumers in the short run, while driving a more concentrated structure and reducing welfare in the long run....

This paper examines the role of the player type distributions in repeated zero sum games of incomplete information with discounting of payoffs. In particular the strategic "sufficiency" of the posterior distributions for histories and the Limiting properties of the posterior sequence are...