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Paulina Beato, Jean-Jacques Laffont
Competition Policy in Regulated Industries: Approaches for Emerging Economies

— y.
Publisher: —
Description: During the last decade, Latin American countries have reformed infrastructure services through private sector participation to enhance internal efficiency and competition to increase consumer welfare. Competition Policy in Regulated Industries offers conceptual and practical approaches to help such emerging economies identify competition problems in infrastructure sectors and find legal and structural solutions. Infrastructure services have evolved from being publicly owned monopolies into entities in which private participation prevails, complemented by competition and regulation. However, even though competition is pivotal to public service reform, a high degree of vertical and horizontal concentration still pervades the industrial structureof many Latin American countries. Furthermore, mergers and acquisitions in an increasingly global economy, without appropriate legislation to promote competition and restrain market control, have often led to reduced levels of… [detailed...]

ISBN: 193100336X
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Lee McGowan, Michelle Cini
Competition Policy in the European Union (European Union)

— y.
Publisher: —
Description: In a comprehensive and systematic fashion, this book provides a clear and accessible introduction to the European Union`s policies, dealing with institutional, procedural and substantive policy matters. It provides an overview of the various dimensions of competition control, including restrictive practices policy, monopoly policy, merger policy and state aid policy, and the increasing policy interest in state-owned firms, public utilities and the services sector. The authors highlight the key role of the European Commission and its pivotal relationship with the European Court of Justice and set EU competition policy in the broader context of international trade reform, globalization and the consolidation of regional trading blocks. [detailed...]

ISBN: 0312215053
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F. M. Scherer
Competition Policy, Domestic and International (Economists of the Twentieth Century)

— y.
Publisher: —
Description: For three decades F.M. Scherer has been writing on questions of competition policy from multiple perspectives as a professional economist, consultant in numerous antitrust and international trade proceedings, and (for two years) chief economist of the USFederal Trade Commission. This volume collects 26 of his most important papers, both previously published and unpublished, on a broad array of competition policy issues. The papers address the historical antecedents and rationale of competition policy, the logic of market definition, the implications of pricing strategies pursued by enterprises with monopoly power, tradeoffs between competition goals and the attainment of static and dynamic efficiency, implementing effective remedies in merger and monopoly cases and the role of competition policy in an increasingly open world economy. [detailed...]

ISBN: 184064320X
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Louis Phlips
Competition Policy: A Game-Theoretic Perspective

— y.
Publisher: —
Description: This book uses game theory to analyze anti-competitive behavior among firms and to consider its implications for competition policy. Topics include `explicit collusion,` `tacit collusion,` `semicollusion,` and the detection of predatory pricing. The book discusses several European antitrust decisions and empirical studies in detail. [detailed...]

ISBN: 0521498716
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Manfred Neumann
Competition Policy: History, Theory and Practice

— y.
Publisher: —
Description: Given the increase in large scale mergers throughout the world, this book addresses the growing problem of restricted competition through collusion and the perennial debate surrounding the use of government subsidies for industries to further national interests. The aims of the book are threefold, firstly, to elucidate the antecedents of competition policy in the US and Europe and to demonstrate how far a convergence of principles has developed. Secondly, to outline the theory of industrial organization as a major tool to devise an appropriate policy, and thirdly, to discuss the practice of competition policy in the US, individual European countries and the EC as a whole, in terms of collusion, mergers and vertical restraints. Manfred Neumann comprehensively explores the economic arguments that justify the need for competition policy. He considers the historical development of competition policy and the relationship between competition policy and the objectives of… [detailed...]

ISBN: 1843760320
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Manfred Neumann
Competition Policy: History, Theory and Practice

— y.
Publisher: —
Description: — [detailed...]

ISBN: 1840643005
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Robert W. Crandall
Competition and Chaos: U.S. Telecommunications Since the 1996 Telecom Act

2005 y.
Publisher: —
Description: Book DescriptionWhen Congress passed the 1996 Telecommunications Act, legislators anticipated that the reduced regulatory barriers would lead to increased competition among U.S. telecommunications providers, and, in turn, the new competition would drive innovation and reap economic benefits for both American consumers and telecommunications providers. But the legislation had a markedly different impact. While many of the more aggressive providers enjoyed sharp short-term rises in stock market values, they soon faced sudden collapse, leaving consumers with little or no long-term benefit. In Competition and Chaos , Robert W. Crandall analyzes the impact of the 1996 act on economic welfare in the United States. He also examines how the act and its antecedents have affected the major telecommunications providers, some of whom are now a threatened species, caught in a downward spiral of declining prices and substantial losses. In the wake of the 2001-02 telecom stock market… [detailed...]

ISBN: 0815716176
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Stanley W. Black, Mathias Moersch, American Institute for Contemporary German Studies
Competition and Convergence in Financial Markets

— y.
Publisher: —
Description: Hardbound. As Europe prepares for the introduction of a common currency, financial market players are moving to adapt to a new environment in which financial markets and institutions will be much more open to cross-border competition. Two different financial systems are responding to the challenges of more competition: the more institution-oriented German-style and the more market-oriented Anglo-American style. Each type of financial system offers its own strengths and weaknesses. The German system isnoted for fostering a long-term outlook and steady relationships between borrowers and lenders in an environment of financial and macroeconomic stability. The Anglo-American system is thought of as providing a more favourable environment for startup firms to obtain market financing, as well as more attractive returns to investors and a more dynamic market for corporate control. On the other hand, the Anglo-American system is faulted for its short-term out [detailed...]

ISBN: 0444827765
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Carl Mosk
Competition and Cooperation in Japanese Labour Markets (Studies in the Modern Japanese Economy)

— y.
Publisher: —
Description: This volume explains the salient features of the Japanese labour market. The key idea in this book is integrated segmentation. Emphasis is upon segmentation: on the demand side, within the educational system and, on supply side, monitoring costs which underlie labour contracts. Using long run official government statistical evidence, it is argued that what is peculiar to Japan is the integration of segmented labour markets. By virtue of segmentation the Japanese labour market is deeply competitive. By virtue of integration it is highly cooperative. [detailed...]

ISBN: 0312126832
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James E. Alt, Margaret Levi, Elinor Ostrom
Competition and Cooperation: Conversations With Nobelists About Economics and Political Science

— y.
Publisher: —
Description: — [detailed...]

ISBN: 087154010X
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Susan Joekes, Phil Evans
Competition and Development: The Power of Competitive Markets (In Focus)

2008 y.
Publisher: —
Description: The growth of international trade and investment and the spread of bilateral and multilateral trade agreements have resulted in increasing economic integration, affecting almost all nations of the world. This has brought about many changes in the economies of developing countries, including a move away from state-controlled enterprise. However, it has also made developing countries more vulnerable to new and potentially harmful types of anticompetitive business practices.This book demonstrates the importance of true and fair competition to sustainable development and an effective marketplace, touching on issues of globalization, consumer welfare, cartels and monopolies, and trade liberalization. It introduces competition, and competition law and policy in developing countries. It focuses on the practical problems faced in developing countries and the steps that have been and can be taken to overcome those problems. It covers anticompetitive practices as they occur in developing… [detailed...]

ISBN: 1552504018
Book size: —; Page extent: 104.

 

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Susan Joekes, Phil Evans
Competition and Development: The Power of Competitive Markets (In Focus)

2008 y.
Publisher: —
Description: The growth of international trade and investment and the spread of bilateral and multilateral trade agreements have resulted in increasing economic integration, affecting almost all nations of the world. This has brought about many changes in the economies of developing countries, including a move away from state-controlled enterprise. However, it has also made developing countries more vulnerable to new and potentially harmful types of anticompetitive business practices.This book demonstrates the importance of true and fair competition to sustainable development and an effective marketplace, touching on issues of globalization, consumer welfare, cartels and monopolies, and trade liberalization. It provides an introduction to competition, and competition law and policy in developing countries. It focuses on the practical problems faced in developing countries and the steps that have been and can be taken to overcome those problems. It is about anticompetitive practices as they occur… [detailed...]

ISBN: 1552504034
Book size: —; Page extent: 122.

 

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Saul Estrin, Peter Holmes
Competition and Economic Integration in Europe

— y.
Publisher: —
Description: — [detailed...]

ISBN: 1858985021
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Jacob A. Bikker
Competition and Efficiency in a Unified European Banking Market

2004 y.
Publisher: —
Description: Book DescriptionThis book presents the results of several years of research on competition, concentration, efficiency and performance in the European banking market. The author seeks to explain and interrelate the numerous characteristics of the banking industry, and provide a detailed comparative analysis of various banking sectors throughout Europe. The book begins with a survey on intermediation, integration and internationalization in the European banking market, which helps to explain the increased competitive pressures banks are now operating under. The author then examines indicators of concentration and competition, and attempts to measure these using a variety of approaches in both EU and non-EU countries. Significantly, he also presents a unique comparison of efficiency throughout the EU by estimating X-inefficiency and cost level differences. The book concludes with an investigation into cyclical patterns of profits, provisions and lending in order to assess the… [detailed...]

ISBN: 1843761106
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Jati K. Sengupta
Competition and Growth : Innovations and Selection in Industry Evolution

2005 y.
Publisher: —
Description: Book Description Jati K. Sengupta examines the market dynamics of the evolution of industry and the impact of new technology with R&,D and knowledge capital. The book builds the theory of innovations in the contexts of the high-tech industries of today such as computing and telecommunications. [detailed...]

ISBN: 1403941645
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Philippe Aghion, Rachel Griffith
Competition and Growth: Reconciling Theory and Evidence (Zeuthen Lectures)

2008 y.
Publisher: —
Description: - [detailed...]

ISBN: 0262512025
Book size: —; Page extent: 128.

 

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Jonathan P. Stern
Competition and Liberalization in European Gas Markets: A Diversity of Models

— y.
Publisher: —
Description: Many of the long-awaited changes to the European gas market are now imminent. Institutional developments and market forces are combining to produce a transformation. This major study analyzes the developments in a wide range of European countries, including central and eastern Europe. In examining how different institutional traditions and political priorities will affect the gas market, Stern explores the potential for a distinct Continental European model of competition and liberalization. [detailed...]

ISBN: 1862030170
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Mark Toma
Competition and Monopoly in the Federal Reserve System, 19141951: A Microeconomic Approach to Monetary History (Studies in Macroeconomic History)

2005 y.
Publisher: —
Description: Many economists view competition among central banks as leading to an over-issue of money. This book challenges the conventional wisdom by showing that competition among Federal Reserve banks in the 1920s did not result in an over-issue problem. The US Congress imposed a more monopolistic structure on the Fed in the mid-1930s so that it could accomodate an increase in the revenue needs of the Treasury. This book is unique in emphasizing the evolution of the Fed`s structure from a highly competitive one to a highly monopolistic one. [detailed...]

ISBN: 0521022037
Book size: —; Page extent: 146.

 

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Heinz Rudolph, Roberto Rocha
Competition and Performance in the Polish Second Pillar (World Bank Working Papers)

2007 y.
Publisher: —
Description: - [detailed...]

ISBN: 0821371193
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Nenad Keseric
Competition and Prices in European Electricity Markets

2008 y.
Publisher: —
Description: - [detailed...]

ISBN: 3639018451
Book size: —; Page extent: 152.

 

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Morten Balling, Frank Lierman, Dr Andy Mullineux
Competition and Profitability in European Financial Services: Strategic, Systemic and Policy Issues (Routledge International Studies in Money and Banking)

2006 y.
Publisher: —
Description: Financial services firms play a key role in the European economy. The efficiency and profitability of these firms and the competition among them have an impact on allocation of savings, financing of investment, economic growth, the stability of the financial system and the transmission of monetary policy. This collection of research contributions includes evaluations of trends in the European financial service industry and examinations of the driving forces of efficiency, competition and profitability of financial firms and institutions in Europe. The papers have been written by leading academics and researchers in the field, who specialize in strategic, systematic and policy issues related to the European financial services industry. This edited collection will be will be essential reading for students and academics but will also be of interest to financial practitioners and government officials interested in acquiring a deeper understanding of this complex issue. [detailed...]

ISBN: 041538494X
Book size: —; Page extent: 322.

 

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Albert Breton, Pierre Salmon, Ronald Wintrobe
Competition and Structure: The Political Economy of Collective Decisions : Essays in Honor of Albert Breton

— y.
Publisher: —
Description: The essays in this volume share to an unusual degree a common concern with the competitive mechanisms that underlie collective decisions and with the way they are embedded in institutional settings. This gives the book a unitary inspiration whose value is clear from the new understanding and insights its chapters provide on important theoretical and practical issues such as the social dimension and impact of trust, the management of information in bureaucratic settings, the role of political parties in constitutional evolution, the impact of ethnicity and nationalism on federal institutions or arrangements, and the response of governments and overarching institutions of globalization. [detailed...]

ISBN: 0521771331
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Eli M. Noam, Dan Steinbock
Competition for the Mobile Internet

— y.
Publisher: —
Description: — [detailed...]

ISBN: 140207056X
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Dale Colyer, P. Lynn Kennedy, William A. Amponsah, Stanley M. Fletcher, Curtis M. Jolly
Competition in Agriculture: The United States in the World Market

— y.
Publisher: —
Description: — [detailed...]

ISBN: 1560228938
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Jean-Michel Glachant, Dominique Finon
Competition in European Electricity Markets: A Cross-Country Comparison

— y.
Publisher: —
Description: The issue of electricity reform has been on the agenda in Europe for a decade and remains a high priority for policymakers looking to the future. However, the performances of new electricity markets are still not clear and arouse significant controversy. This book focuses on the diversity of electricity reforms in Western Europe, drawing evidence from ten European Union member states plus Norway and Switzerland as associate members. The contributors analyze the various ways of introducing competition in the European electricity industries, and consider both the strategies of electricity companies and their behavior in electricity marketplaces. They also offer an explanation of the differences of reforms by the institutions and the industrial structures of each country which shape the types of market rules, industrial restructuring and public service regulations which have been adopted. As a whole, this volume will attract scholars, PhD and post-graduate students, notably those… [detailed...]

ISBN: 1843761785
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Pun-Lee Lam, Sylvia Chan
Competition in Hong Kong`s Gas Industry

— y.
Publisher: —
Description: Over the past decade, the gas industries of many countries have undergone substantial change. Gas utilities have been corporatized or privatized, and competition has replaced monopoly. Despite this current of liberalization, Hong Kong`s gas industry is still dominated by one company with limited competition from other fuel suppliers. This study reviews the liberalization of the gas industries in the United States, United Kingdom, Australia, New Zealand, Japan, South Korea and Taiwan. Although the industry, ownership, and regulatory structure in Hong Kong may not be the same as in those countries and areas, the authors believe lessons can be learned from their experiences. It is found that the conditions of the gas industries in Hong Kong and Japan are similar in many ways. Based on the Japanese experience, a smooth transition to a natural-gas system for Hong Kong will be possible with government support and with co-operation among private companies. This monograph is a… [detailed...]

ISBN: 9622019064
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Dieter Helm, Tim Jenkinson, Mark Armstrong
Competition in Regulated Industries

— y.
Publisher: —
Description: The UK has pioneered the introduction of competition into previously monopolistic utility industries--such as telecommunications, gas, electricity, railroads, and even waterworks. The radical policy innovations behind these moves have been controversial.This book looks at the lessons that have thus far emerged from the UK in this regard, considering the implications for future UK policies as well as for other countries following its precedent. The volume combines papers by independent experts with the work of specialist regulators to provide a comprehensive analysis of the issues. [detailed...]

ISBN: 019829252X
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Kirk W. M. Tyson
Competition in the 21st Century

— y.
Publisher: —
Description: Business competition will change radically in the next century. Short-sighted companies will go out of business. Survivors will successfully transition from the so-called Information Age of this century to the Intelligence Age of the 21st Century.Ten years in the making, this book paints competition of the future based on in-depth research of worldwide business over the past 100 years. By analogy, it shows business competition in its 19th-Century childhood, 20th-Century adolescence, and 21st-Century adulthood. The book highlights new beginnings - the Intelligence Age, highly networked `MegaStrategic Business Entities,` and the need for both a `Competitive Knowledge Base` and `Perpetual Strategy Process` to provide an early warning system for executives.This is must-reading for business executives, managers and everyday consumers who want to plot a successful course for the future. It is also an invaluable reference tool for educators guiding the business leaders of tomorrow. [detailed...]

ISBN: 1574440322
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Samuel L. Hayes
Competition in the Investment Banking Industry

— y.
Publisher: —
Description: — [detailed...]

ISBN: 0674154150
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Lester Telser
Competition, Collusion, and Game Theory

2007 y.
Publisher: —
Description: - [detailed...]

ISBN: 0202309258
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Manfred C. Neumann, Alfred Haid, Jurgen Weigand
Competition, Efficiency, and Welfare: Essays in Honor of Manfred Neumann

— y.
Publisher: —
Description: Competition, Efficiency and Welfare contains a collection of papers in honor of Manfred Neumann. This collection was prepared as a tribute to a teacher and scholar, whose accomplishments have enriched various fields of economics. The magnitude of his interests is reflected in the breadth of topics covered in this volume: industrial economics, competition policy and related topics. However, if one unifying principle runs through Manfred Neumann`s work, it is the belief in the power of competition. Born on May 16, 1933, Manfred Neumann studied economics at the University of Cologne. He graduated in 1960. In 1969 Manfred Neumann was appointed Professor of Economics at Nurnberg University. He was Dean of the Faculty of Economics and Social Sciences of the University of Erlangen-Nurnberg, President of the European Association for Research in Industrial Economics (EARIE) and Chairman of Industrial Organization Study Group of the Verein fur Sozialpolitik. Most of his professional career has… [detailed...]

ISBN: 0792382935
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