The capital as power framework, developed by Jonathan Nitzan and Shimshon Bichler, argues that the aim of business is … not ‘profit maximization’ but the differential accumulation of social power. Using this framework as a theoretical …

incomes follow a power-law distribution, and the redistribution of income corresponds to a change in the power-law exponent … first developed by Herbert Simon and Harold Lydall, I show that hierarchy can explain the power-law distribution of top …. Given the messiness of the struggle for resources, why is the outcome so simple? This paper explores the idea that the (re)distribution …

financiers. We embed this relationship into the financial competition where strategic choices are equity shares, liquidation … decreases the financier's equity share. Surprisingly, the response in advising quality is non-monotone. In a regime of soft … competition improves advising quality and lowers the financier's equity share in the start-up. Hence, advising and equity, are …

proxy for market power in the digital economy mainly because of its dynamic nature. As the market boundaries shift so … traditional assessment of market power, and it proposes to replace the relevant market/market share paradigm with a more economic … formalistic structure. In order to identify the most suitable way to assess market power in the digital economy, this thesis is …

and publishers a sufficient profit to stimulate creation and distribution but without the significant harms to creation of …

operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic …

This paper clarifies a common misrepresentation of our theory of capital as power, or CasP. Many observers tend to box …, whereas CasP critically examines both the underpinnings of capitalized power as well as the forces that threaten and undermine … power means to an economic end. By contrast, CasP, which was developed at the end of the twentieth century, sees power not …