Business competition Books

Book SynopsisIntangible assets are of growing importance to corporate competitiveness and economic performance. They include R&D, human capital, innovation in products and in organisation, trademarks and patents, networking and software. This path-breaking book provides a theoretical and empirical analysis of intangible investment and its effect on public policy in Europe.The authors find that the growing importance of intangibles is transforming the direction of public policies in Europe, particularly industrial, R&D, competition and trade policies. They conclude that government policies must recognise the fact that intangible investment is becoming the key element in bringing about durable growth and accord at least the same priority to intangible factors as to physical investment.This work should be essential reading for students interested in this new field of economic analysis, national and international policymakers, and industrialists involved in the non-physical economy.Trade Review'The book as a whole is a compelling study that follows a coherent structure and that might be of great help in the design of new European policies that would take into account the assimilation of knowledge and the management of other intangibles as main sources of competitiveness. The theoretical framework is well supported by the amount of empirical studies, and it could be perfectly stated that the effort made in this book constitutes an essential contribution to this new research field.' -- Marta Olea de Cardenas, The European Accounting ReviewTable of ContentsContents: Preface Foreword Part I: Intangibles: A General Framework Part II: Intangibles: Impact on Sectors and Enterprises Part III: Intangibles: Analysis of Inputs Index

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Book SynopsisConcerns about European prospects for competitiveness, jobs and growth are high on the European Union agenda and regulatory reform, both at national and EU levels, is widely recognised as a crucial tool for improving the performance of European companies. Despite the single market, selective sectoral regulatory reform and certain reforms at the national level, regulation in Europe still tends to discourage new entrants, impede new production methods and inhibit the exit of existing competitors. It often increases costs without providing compensatory benefits, reduces operational flexibility and distorts capital expenditure, creating obstacles to innovation. The authors in this book argue that regulatory reform can, more often than not, help improve the competitiveness of companies while generating net growth effects for the European Union as a whole.In this book, the authors discuss the horizontal issues involved in regulatory reform. Following an extended introduction by the editors, two general chapters address regulation and growth, and the regulatory burdens and failures in Europe. Other chapters deal with national competition policy, state aid, EU environmental policy, reforms in product markets, labour market reforms, the regulatory environment of small and new firms, and the current, insufficient EU reforms to improve regulatory quality. Throughout the book the authors aim to demonstrate how the market can function more efficiently and offer policy recommendations to show how regulatory reform can improve competitiveness at the firm level as well as performance at the industry, national and EU levels.Table of ContentsContents: Preface 1. Introduction: Aims, Structure and Overview 2. Growth and Regulation 3. Regulation in Europe: Justified Burden or Costly Failure? 4. National Competition Policies 5. State Aid in Context 6. Environmental Policy Reform in the EU 7. Reforming Product Regulation in the EU: A Painstaking, Iterative Two-Level Game 8. The Economic Impact of Product Liability: Lessons from the US and the EU Experience 9. Regulation and Labour Market Performance 10. Deregulation and Labour Market Reforms: The Role of the Social Partners 11. Market Structure Dynamics and Economic Growth 12. Better EU Regulatory Quality: Assessing Current Initiatives and New Proposals

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Book SynopsisConcerns about European prospects for competitiveness, jobs and growth are high on the European Union agenda and regulatory reform, both at national and EU levels, is widely recognised as a crucial tool for improving the performance of European companies. Despite the single market, selective sectoral regulatory reform and certain reforms at the national level, regulation in Europe still tends to discourage new entrants, impede new production methods and inhibit the exit of existing competitors. It often increases costs without providing compensatory benefits, reduces operational flexibility and distorts capital expenditure, creating obstacles to innovation. The authors in this book argue that regulatory reform can, more often than not, help improve the competitiveness of companies while generating net growth effects for the European Union as a whole.In this second volume, the authors discuss the vertical issues involved in regulatory reform. The authors describe in detail the regulatory reforms which are needed or have been initiated in nine major industrial sectors, including automobiles, textiles and clothing, retail trade, chemicals, banking, road transport, telecoms, electricity and (scheduled) air transport.In the companion volume, Regulatory Reform and Competitiveness in Europe, 1: Horizontal Issues, the authors address regulation and growth, and the regulatory burdens and failures in Europe. The book also deals with national competition policy, state aids, EU environmental policy, reforms in product markets, labour market reforms, the regulatory environment of small and new firms, and the current, insufficient, EU reforms to improve regulatory quality.Table of ContentsContents: Preface 1. Introduction: Aims, Structure and Overview 2. Regulatory Reform for the Better Functioning of Markets: The Case of the Automobile Industry 3. Is the Suspect Guilty? Labour Market Effects of Trade Liberalisation in Textiles 4. Regulations and Retail Trade 5. The Chemical Industry and Regulation 6. Road Transport 7. Deregulation and Changes in the European Banking Industry 8. Regulation and Competition in Telecommunications 9. Regulatory Reform in the Electricity Industry 10. Some Structural Issues in Regulatory Reform and Market Functioning in the European Electricity Supply Industry 11. Air Transport Regulation in the EU

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Book SynopsisCompetitiveness is one of the key themes in the current debate about national economic performance. A vast array of statistical data is usually assembled by national governments to demonstrate a closing or widening of productivity or trade 'gaps' with other countries or groups of countries. The authors of this book argue that far too little attention has been paid to the often subtle, but highly significant, organisational and cultural characteristics which underpin production and trade in a globalised economy. Dimensions of Competitiveness suggests that awareness of the impacts of this neglected dimension of competitiveness can, together with appropriate corrective action, significantly improve corporate and national performance.While considering a variety of more conventional dimensions of international competitiveness, the authors challenge many established tenets. A number of policy prescriptions are outlined as a result. Attention is also paid to some of the key distributive and infrastructural roles in enhancing international competitiveness including facilitating labour and capital mobility and providing efficient transport systems.Trade Review'It can be seen that this well-produced book covers a big field and there will be something in it to interest most economists.' -- Graham Bannock, The Business Economist'This collection makes a considerable step beyond the theories of Ricardo and Krugman, probing the nitty-gritty of international competitiveness and its underlying determinants at the organisational level.' -- F.M. Scherer, Harvard University and Princeton University, US'Competitiveness is much discussed, but little understood. Scholarly empirical research on the topic is surprisingly rare. Understanding the connection between national culture, human resource management, industrial policy and the other dimensions of competitiveness requires an interdisciplinary perspective. Here at last is a good interdisciplinary collection of papers which provides significant insights into the determinants of national competitiveness within the modern global economy.' -- Mark Casson, University of Reading, UKTable of ContentsContents: Preface by Ross E. Catterall Introduction: Conceptual Issues and International Competitiveness Part I: Organisational and Cross-Cultural Issues in International Competitiveness Part II: Financial, Productive and Distributive Issues in International Competitiveness Bibliography Index

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Book SynopsisCompetitiveness becomes a growing concern for developing countries as they liberalise their economies and open up to global trade, investment and technology flows. They fear that liberalisation by itself may not, in the presence of market and institutional deficiencies, lead to the optimal allocation of resources. In particular, it may lead to the realisation of static rather than dynamic comparative advantages - a threat to sustained growth in a world of rapid technical change. This book draws together recent contributions by Sanjaya Lall - a leading authority on international investment, technology and industrial policy - on competitiveness and its major determinants. It draws upon his wide experience of competitiveness analysis in Asian and African countries and his recent work on technology and skills. It contains his most important published material as well as previously unpublished articles, and will be of interest to students, researchers and policy analysts interested in industrial development, technology and human resources.Trade Review'This book is an important contribution to the literature on development. It fills a gap in the competitiveness debate concerning developing countries and provides convincing explanations for the success or failure of countries to catch up. . . The book should not only find a place in the reading lists for courses on development economics and international economics, but also it is hoped that it constitutes an impetus for those inter and supra-national institutions whose policy recommendations are actual structural policies are almost exclusively rooted in the neoclassical framework.' -- Christian Bellak, The Economic JournalTable of ContentsContents: Preface and Acknowledgements 1. What ‘Competitiveness is and Why it is Important 2. ‘Market-stimulating’ Technology Policies in Developing Countries: A Framework with Examples from East Asia (with Morris Teubal) 3. Import Liberalization and Industrial Performance: The Conceptual Underpinnings (with Wolfram Latsch) 4. The Technological Structure and Performance of Developing Country Manufactured Exports, 1985–98 5. Skills and Competitiveness in Developing Countries 6. Multinational Corporations, Technology Development and Export Competitiveness 7. Technological Change and Industrialization in the Asian Newly Industrializing Economies: Achievements and Challenges 8. India’s Manufactured Exports: Comparative Structure and Prospects 9. Competitiveness Challenges in the New Asian Tigers: Malaysia, Thailand and the Philippines 10. Technology Policies in Indonesia 11. Transfer and Development of Technology: Kenya and Tanzania Index

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Book SynopsisIn this fresh examination of the Microsoft antitrust case, Richard Gordon critically examines the economics of the US government's arguments. The conclusion is that the government presented a sketchy, incoherent, invalid economic case and relied upon creating the impression of misdeeds to persuade the courts. The primary charge is that Microsoft possessed an impregnable monopoly in operating systems for personal computers. According to the government, Microsoft created, included in its operating system, and vigorously promoted its internet browser solely to prevent the development of the Java/Netscape alternative. The promotion of this browser was considered predatory. Microsoft allegedly undertook similar acts against other companies. According to Gordon, the government failed to present even a clear statement of its charges and failed to substantiate the critical allegations. In this book, he concentrates on the underlying economics of the case and reviews the germane theory. He presents and evaluates implicit government arguments as well as Microsoft's refutations.Readers in economics, law and public policy will find this well researched analysis enlightening.Trade Review'This volume is a careful discussion valuable for its reporting of and attention to details discussed elsewhere only in more general terms. The comprehensive bibliography lists about 225 publications, making this a good resource for publications on Microsoft up to early 2001. Highly recommended for general readers, professionals, and academic audiences, upper-division undergraduates through faculty.' -- R.A. Miller, Choice'This is by far the most thorough, detailed, and careful economic analysis of the Microsoft case by a non-partisan third party. The author provides a window into the central set of ideas that provided the groundwork of the case and painstakingly presents the material in a manner that can be understood by readers. He also examines, in a clear and unbiased way, the testimony of the economists on both sides of the case. Anyone interested in fundamental ideas and concepts, as opposed to superficial anecdotes, should consult this book. This book would be an excellent choice in or out of the classroom.' -- Stan Liebowitz, University of Texas, Dallas, US'Gordon has provided us with a detailed roadmap of the economic argument of the Microsoft case, including a thorough examination of the economic theories that were used and an exceptionally careful examination of the trial record. He shows the remarkable weakness of both the theory and evidence that underpin the government's case. The result is an indictment of both the legal process in the case and antitrust in general.' -- Stephen E. Margolis, North Carolina State University, USTable of ContentsContents: Preface 1. Introduction: The Case and Its Critics 2. Modern Economics and the Microsoft Case 3. Determinants of Monopoly in Theory and Practice 4. Predation, Tying, Vertical Squeezes, and Other Competitive Tactics 5. QWERTY: Threat or Fable, Towards the Applications Barrier to Entry 6. Introduction to the Case 7. The Treatment of Monopoly in the Case 8. Microsoft’s Tactics: Predation, Tying, and Threats in Theory 9. Microsoft’s Tactics: Predation, Tying, and Threats in Practice 10. After the Facts: Decisions and Commentary 11. Summary and Conclusions Bibliography Index

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Book SynopsisLiving on the Fault Line is the long awaited new book from Geoffrey Moore, author of Crossing the Chasm and Inside the Tornado, two bestselling works that have helped guide the high-tech revolution. Moore focuses on the most important business question for the early twenty-first century: the age of the Internet. How can companies living on the fault line of rapid, disruptive, technological change be managed successfully? -Old management truths are dead - Twentieth century business models must be replaced - The dot.com revolution is changing every aspect of business - Blue chip companies are under direct assault from new companies that nobody had even heard of last year Living on the Fault Line will reset the management agenda in the age of the Internet and is essential reading for all companies both old and new. * Simultaneous publication with HarperCollins US release * Guaranteed Business Book of the Month slots with key retailers * Major PR coverage across the media including FT, The Times, Telegraph, Guardian, Observer * Massive direct mail promotion to leading FT 500 multinationals * Crossing the Chasm has sold over 50,000 copies worldwide * Huge internet marketing campaignTrade Review"A readable book about an important subject." (Ambassador, December 2000) "a step-by-step approach" (Gulf Business, December 2001)Table of ContentsCONTENTS ACKNOWLEDGEMENTS INTRODUCTION THE AGE OF THE INTERNET SHAREHOLDER VALUE COMPETITIVE ADVANTAGE LIVING ON THE FAULT LINE TRIAGE BUILDING TO LAST EPILOGUE INDEX

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Book SynopsisIn recent years the field of dynamic stochastic general equilibrium models has emerged as the central field of macroeconomics. These models give a unified treatment of growth and fluctuations in a general equilibrium framework where all agents behave rationally. A particularly successful part of this field introduces imperfect competition and nonclearing markets into this framework, which also leads to the study of problems like unemployment. This timely volume gives a full account of the field, starting with the various general equilibrium traditions that ultimately led to this research area, and then describing the evolution of the models, with special emphasis on how they succeeded in representing features of dynamics that other models failed to reproduce.This collection will be an invaluable source of reference for professors and graduate students specializing in macroeconomics. It should also be of interest to students of the history of economic thought, as it shows how apparently antagonistic subfields ended up merging to produce a better synthetic theory.Trade Review'Modern macrotheory features some ideas that are either very deep or very peculiar. This excellent collection includes some of the original sources of those ideas, and then goes on to show by example how modifying or abandoning them can lead to more interesting and - I think - more realistic macroeconomic stories. It is an education in itself.' -- Robert M. Solow, Massachusetts Institute of Technology, USTable of ContentsContents: Acknowledgements Introduction Jean-Pascal Bénassy PART I FOUNDATIONS A Growth and Intertemporal Maximization 1. F.P. Ramsey (1928), ‘A Mathematical Theory of Saving’ B Walrasian Equilibrium 2. Kenneth J. Arrow and Gerard Debreu (1954), ‘Existence of an Equilibrium for a Competitive Economy’ 3. K.J. Arrow (1964), ‘The Role of Securities in the Optimal Allocation of Risk-Bearing’ C General Equilibrium under Price Rigidities 4. Robert Clower (1965), ‘The Keynesian Counterrevolution: A Theoretical Appraisal’ 5. Robert J. Barro and Herschel I. Grossman (1971), ‘A General Disequilibrium Model of Income and Employment’ 6. Jacques H. Drèze (1975), ‘Existence of an Exchange Equilibrium Under Price Rigidities’ 7. Jean-Pascal Bénassy (1975), ‘Neo-Keynesian Disequilibrium Theory in a Monetary Economy’ 8. Joaquim Silvestre (1983), ‘Fixprice Analysis in Productive Economies’ D General Equilibrium under Imperfect Competition 9. Takashi Negishi (1961), ‘Monopolistic Competition and General Equilibrium’ 10. Jean Jaskold Gabszewicz and Jean-Philippe Vial (1972), ‘Oligopoly “A la Cournot” in a General Equilibrium Analysis’ 11. Jean-Pascal Bénassy (1988), ‘The Objective Demand Curve in General Equilibrium with Price Makers’ E Walrasian Cycles 12. Robert E. Lucas, Jr. (1972), ‘Expectations and the Neutrality of Money’ 13. Finn E. Kydland and Edward C. Prescott (1982), ‘Time to Build and Aggregate Fluctuations’ 14. John B. Long, Jr. and Charles I. Plosser (1983), ‘Real Business Cycles’ PART II NON-WALRASIAN CYCLES A Real and Nominal Rigidities 15. Lars E.O. Svensson (1986), ‘Sticky Goods Prices, Flexible Asset Prices, Monopolistic Competition, and Monetary Policy’ 16. Jean-Pierre Danthine and John B. Donaldson (1991), ‘Risk Sharing, the Minimum Wage, and the Business Cycle’ 17. Jang-Ok Cho (1993), ‘Money and the Business Cycle with One-period Nominal Contracts’ 18. Jean-Olivier Hairault and Franck Portier (1993), ‘Money, New-Keynesian Macroeconomics and the Business Cycle’ 19. Jean-Pascal Bénassy (1995), ‘Money and Wage Contracts in an Optimizing Model of the Business Cycle’ 20. Jang-Ok Cho, Thomas F. Cooley and Louis Phaneuf (1997), ‘The Welfare Cost of Nominal Wage Contracting’ B Dynamics and Persistence 21. Guillermo A. Calvo (1983), ‘Staggered Prices in a Utility-Maximizing Framework’ 22. Tack Yun (1996), ‘Nominal Price Rigidity, Money Supply Endogeneity, and Business Cycles’ 23. Torben M. Andersen (1998), ‘Persistency in Sticky Price Models’ 24. Olivier Jeanne (1998), ‘Generating Real Persistent Effects of Monetary Shocks: How Much Nominal Rigidity Do We Really Need?’ 25. Jean-Pascal Bénassy (2003), ‘Output and Inflation Dynamics under Price and Wage Staggering: Analytical Results’ 26. Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans (2005), ‘Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy’ Name Index

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Book SynopsisGiven 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 organisation 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 governmental policy as a whole. In conclusion, he argues that competition policy should be regarded as a constituent part of economic and social policy.This enlightening and comprehensive book will be of great value to students, researchers and practitioners of law, corporate strategy and industrial and political economics.Trade Review'Competition Policy is the only book, of which I am aware, that combines an informed analysis of competition policy in both the United States and Europe with the analytical tools from industrial organization that are needed to understand each topic. Manfred Neumann is one of the leading industrial economics scholars in Europe, and he has done those of us who teach industrial economics a great service by writing this book.' -- Dennis C. Mueller, University of Vienna, Austria'With the publication of Competition Policy, Manfred Neumann breaks new ground. He synthesizes a mixture of historical, theoretical and policy perspectives that only an experienced and accomplished scholar can provide. Most importantly, Neumann manages to combine economic precision with a text that is interesting and thought-provoking. His unique and novel approach to understanding and analyzing competition policy will make this required reading to all scholars, policymakers and students concerned with the subject.' -- David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, Germany'Competition Policy touches on a burning issue which was with us yesterday, which pervades today's discussions and which will, no doubt, be with us for a long time to come.' -- Karl W. Roskamp, Wayne State University, USTable of ContentsContents: Preface 1. Aims and Scope of Competition Policy 2. Industrial Economics as the Foundation of Competition Policy 3. Containing Restraints of Competition 4. The Social Framework and Competition Policy References Index

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Book SynopsisThis indispensable Handbook examines both economic and legal aspects of competition policy and industrial organization. It provides a scholarly review of the state of the art regarding economic theory, empirical evidence and standards of legal evaluation. The book aims primarily at furthering our understanding of the interplay between economic reasoning and legal expertise by concentrating on the fundamental issues and principles underlying competition policy.Following a comprehensive introduction, the authors investigate a number of important themes including: the natural limits of competition efficiency versus market power small firms, innovation and competition trade policy and competition policy financial services the political economy of antitrust dominance and monopolization identifying anti-trust markets competition policy versus regulation competition policy in a globalized economy. Each of the specially commissioned chapters, written by leading authorities in the field, provides a stimulating exploration of the intricacies of competition policy. The book will be accessible to a wide audience including students of economics and law, public administrators, lawyers, consultants and business managers. It will also be of particular interest to policymakers in EU accession countries who are required to introduce an appropriate legal framework to implement EU competition policy.Trade Review'This is a book that those involved with competition policy and law should have on their bookshelves. . . one of the very useful features of this book will be that it provides an up-to-date comparison of the legal provisions in the United States and Europe. . . the essays that comprise The International Competition Handbook provide not only an underpinning for concepts already learned but offer new insights and greater depth of understanding.' -- Rhonda L. Smith, Competition and Consumer Law Journal'. . . lawyers will find extremely interesting material on historical cartel agreements, theoretical and empirical studies on cartel enforcement and game theory analyses of cartel behaviour. A must have for any serious competition law library.' -- Ioannis Lianos, World CompetitionTable of ContentsContents: Introduction Manfred Neumann and Jürgen Weigand 1. Globalization and the Natural Limits of Competition Stephen Martin 2. Efficiency versus Market Power through Mergers Dennis C. Mueller 3. Small Firms, Innovation and Competition David B. Audretsch 4. Trade Policy and Competition Policy: Conflict versus Mutual Support Eric Bond 5. Financial Services: Consolidation and Strategic Positioning Arnoud Boot 6. Political Economy of Antitrust Charles Rowley and Anne Rathbone 7. Dominance and Monopolization Marcel Canoy, Patrick Rey and Eric van Damme 8. Identifying Antitrust Markets Paul Geroski and Rachel Griffith 9. Competition Policy versus Regulation: Administration versus Judiciary Christian Kirchner 10. Competition Policy in a Globalized Economy: From Extraterritorial Application to Harmonization Jürgen Basedow Index

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Book SynopsisIn this book, Tran Van Hoa reveals how competition policy and competitiveness are essential for contemporary economic, financial and trade management as well as national and international governance. Containing new in-depth studies of these issues and their development, the book focuses on major Asian economies encountering increasing globalisation and the prevailing influence of the WTO. In major Asian economies, competition policy, while being important for trade, development and growth, is nascent. Competition Policy and Global Competitiveness in Major Asian Economies surveys the fundamentals of competition policy and investigates how, in practice, it has been developed in major economies in the Asian region. It also contains previous lessons and experiences in the formulation and implementation of competition policy and the pitfalls that may be avoided in similar future developments. Suggesting solutions in economic development and policy reform for Asian economies in the face of increasing globalisation and WTO membership requirements, this important book will be of enormous interest to economic policymakers and advisers, academics, government officials, business executives and tertiary students.Trade Review'It is a very thorough and useful volume on competition policy in Asia with emphasis on regional and international institutions and market processes. At the level of the WTO, APEC, ASEAN, UNCTAD, and with regard to various Asian economies, its analytical framework and case studies are well coordinated so that the reader gains an up-to-date knowledge of competition law and policy.' -- Roy E. Allen, Saint Mary's College, California, USTable of ContentsContents: 1. Competition Policy and Global Competitiveness in Major Asian Economies: An Overview 2. Competition Policy and Global Competitiveness: Theory and Practice 3. Competition Policy in APEC, ASEAN and the WTO 4. Competition Law in APEC Economies and in Vietnam 5. Competition Policy and SMEs in Asian Transition Economies: The Experience of China 6. Korea’s Competition Policy and Its Applications to Other Asian Economies 7. Thailand’s Global Competitiveness: Some Indicators 8. Anti-trust Law and Competition Policy in Vietnam: Macroeconomic Perspective 9. Competition and SMEs in Vietnam 10. Australian Competition Law: Experience and Lessons for Drafting Competition Law 11. Competition Policy, Global Competitiveness and Trade and Business Development in Asian Economies: The Future and Prospects Index

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Book SynopsisCompetition, Monopoly and Corporate Governance covers three broad themes, each associated with a particular strand of Keith Cowling's own writings in industrial economics and each represented by four specially commissioned papers.Providing a critical perspective on many current issues in industrial economics the themes are as follows: internationalisation, trans-nationalism and technical change; monopoly, oligopoly and social welfare; and corporate governance, mergers and the evolution of industrial structure. These chapters provide a challenge to much of the prevailing orthodoxy. There is also an appreciation of Keith Cowling's long association with the University of Warwick, spanning more than 30 years. A distinguished series of authors have contributed to the book, including several of Europe's best-known industrial economists. Academics, economists and political scientists in the area of industrial economics will find this volume invaluable.Trade Review'Keith Cowling, as a teacher and researcher has, for more than a generation, inspired industrial economists to examine and question the workings of the market economy. This remarkable volume reflects the breadth and significance of Professor Cowling's influence. The papers, by a distinguished cast of colleagues and former students, provide an excellent overview of the current state of play in related areas including: market structure, corporate power and governance, technical change, and social welfare. Anyone interested in these issues will find both stimulation and inspiration from these papers. I certainly enjoyed reading them. Despite potential complexities the style is always lively and accessible. All in all, this is a fitting tribute to a key figure in the economics of industrial organisation.' -- John Cubbin, City University London, UK'I very much enjoyed reading this collection of papers. First and foremost, they do justice to Keith Cowling - to his inspirational teaching and innovative research career. Second, a number of the papers are of genuine interest in their own right. Keith's (albeit indirect) influence is evident throughout, and Mike Waterson should be congratulated in putting together such a valuable volume.' -- Stephen Davies, University of East Anglia, UK'For more than three decades, Keith Cowling has been making substantial contributions to industrial economics, and to the development of industrial policy and strategy. These essays in his honour encompass the main themes of his work dealing with issues ranging over mergers and acquisitions, technical change, welfare implications of oligopoly, corporate governance and others. This volume provides a set of interesting papers which are a fine tribute to the contributions of Keith Cowling.' -- Malcolm Sawyer, University of Leeds, UKTable of ContentsContents: Introduction Part I: Internationalisation, Trans-nationalism and Technical Change 1. Coordination and Hierarchy in the Japanese Firm: The Strategic Decision-making Approach vs. Aoki 2. Multinationals and Labour: Evidence from the International Acquisition of UK Firms 3. Financial Constraints on Innovation: A European Cross-Country Study 4. Internationalism and Economic Development: Transnational Corporations, Small Firm Networking and Universities Part II: Monopoly, Oligopoly and Social Welfare 5. ‘Price–Cost Margins and Market Structure’ Revisited 6. Labour Supply, Efficient Bargains and Countervailing Power 7. Market Share Instability and the Competitive Process 8. Oligopoly and Rent-seeking: Cowling and Mueller Revisited Part III: Corporate Governance, Mergers and the Evolution of Industrial Structure 9. The Finance Literature on Mergers: A Critical Survey 10. Incentives to Corporate Governance Activism 11. Perspectives on the Governance of Executive Compensation 12. Advertising and the Evolution of Market Structure in the US Car Industry 13. Keith Cowling and Warwick: The Contribution to the University 14. Keith Cowling’s Academic Publications Index

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Book SynopsisEast Asia is the most competitive and dynamic industrial region in the developing world. This is universally acknowledged but not yet fully understood. In particular, the different strategies the 'Tiger' economies used to access and absorb foreign technologies, and the interaction of technology imports with domestic technological effort, have not been sufficiently explored. This book addresses this imbalance with new country studies on the interaction between foreign direct investment (FDI) and technological activity in building export competitiveness. The book covers China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand, highlighting different strategic approaches to building capabilities in industrial enterprises. The book also includes a general overview and studies of Japanese multinationals overseas.Those interested in the critical role that technologies can play in promoting economic growth and competitiveness will find this study of great interest, especially academics and those in governments and agencies engaged in economic development policy.Table of ContentsContents Preface and acknowledgements 1 Introduction and overview Sanjaya Lall and Shujiro Urata 2 Foreign direct investment, technology development and competitiveness: issues and evidence Sanjaya Lall 3 Competitiveness and technology: an international comparison Hiroki Kawai and Shujiro Urata 4 Building technological capabilities with or without inward direct investment: the case of Japan Akira Goto and Hiroyuki Odagiri 5 Overseas R&D activities and intra-firm technology transfer: the case of Japanese multinationals Shujiro Urata and Hiroki Kawai 6 The dynamics of technology development: lessons from the Korea experience Linsu Kim 7 Technology acquisition and development in Taiwan Bee-Yan Aw 8 From using to creating technology: the evolution of Singapore’s national innovation system and the changing role of public policy Poh Kam Wong 9 In search of balance: technological development in China Yang Yao 10 Can the Philippines ever catch up? Joy V. Abrenica and Gwendolyn R. Tecson 11 Industrial technology transition in Malaysia Rajah Rasiah 12 Foreign direct investment, technology and competitiveness in Thailand Peter Brimble 13 Technology development in Indonesia Yumiko Okamoto and Fredrik Sjöholm Index

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Book SynopsisThe antitrust litigation process is, to a large and perhaps surprising degree, driven by the underlying economic literature. The articles in this volume have been chosen to provide a sense of both the history and the current state of thinking about antitrust.The opening section considers the flaws in the 1960s view on monopoly. Part II then examines economic thinking with respect to mergers. The next three sections contain selections on three specific sets of practices that have been frequent targets of antitrust scrutiny. Part VI examines perspectives on exclusionary behavior. Part VII studies the literature on network externalities. The final part explores works in the area of bureaucracy and politics.This insightful volume will be a valuable source of reference for both economists and lawyers concerned with antitrust and competition issues.Trade Review'It is most welcome to see classic law and economics pieces by Harold Demsetz, Oliver Williamson, Lester Telser, George Stigler and other giants of the field together in one volume along with newer and more enforcement oriented voices. . . Antitrust and Competition Policy fills and important need for both attorneys and economists in their continuing collaboration in the competition field. . . provides a comprehensive collection of the major voices and views that have shaped our profession over the past 50 years.' -- Spencer Weber Waller, World CompetitionTable of ContentsContents: Acknowledgements Introduction Andrew N. Kleit PART I MONOPOLIZATION 1. Harold Demsetz (1974), ‘Two Systems of Belief About Monopoly’ 2. Franklin M. Fisher and John J. McGowan (1983), ‘On the Misuse of Accounting Rates of Return to Infer Monopoly Profits’ PART II MERGERS 3. Oliver E. Williamson (1968), ‘Economies as an Antitrust Defense: The Welfare Tradeoffs’ 4. Kenneth G. Elzinga and Thomas F. Hogarty (1973), ‘The Problem of Geographic Market Delineation in Antimerger Suits’ 5. Robert D. Willig (1991), ‘Merger Analysis, Industrial Organization Theory, and Merger Guidelines’ 6. Barry C. Harris and Joseph J. Simons (1989), ‘Focusing Market Definition: How Much Substitution is Necessary?’ 7. Jonathan B. Baker and Timothy F. Bresnahan (1988), ‘Estimating the Residual Demand Curve Facing a Single Firm’ 8. Gregory J. Werden and Luke M. Froeb (1994), ‘The Effects of Mergers in Differentiated Products Industries: Logit Demand and Merger Policy’ PART III COLLUSION 9. George J. Stigler (1964), ‘A Theory of Oligopoly’ 10. George A. Hay and Daniel Kelley (1974), ‘An Empirical Survey of Price Fixing Conspiracies’ 11. Thomas E. Cooper (1986), ‘Most-Favored-Customer Pricing and Tacit Collusion’ PART IV VERTICAL RESTRAINTS 12. Lester G. Telser (1960), ‘Why Should Manufacturers Want Fair Trade?’ 13. Benjamin Klein and Kevin M. Murphy (1988), ‘Vertical Restraints as Contract Enforcement Mechanisms’ PART V PREDATORY PRICING 14. John S. McGee (1958), ‘Predatory Price Cutting: The Standard Oil (N.J.) Case’ 15. Robert H. Bork (1978), ‘Injury to Competition: The Law's Basic Theories’ 16. Paul Milgrom and John Roberts (1982), ‘Predation, Reputation, and Entry Deterrence’ PART VI EXCLUSIONARY BEHAVIOR 17. Steven C. Salop and David T. Scheffman (1987), ‘Cost-Raising Strategies’ 18. Timothy J. Brennan (1988), ‘Understanding “Raising Rivals' Costs”’ 19. Janusz A. Ordover, Garth Saloner and Steven C. Salop (1990), ‘Equilibrium Vertical Foreclosure’ 20. David Reiffen (1992), ‘Equilibrium Vertical Foreclosure: Comment’ 21. Philippe Aghion and Patrick Bolton (1987), ‘Contracts as a Barrier to Entry’ 22. David A. Butz and Andrew N. Kleit (2001), ‘Are Vertical Restraints Pro- or Anticompetitive? Lessons from Interstate Circuit’ PART VII NETWORK EXTERNALITIES 23. Michael L. Katz and Carl Shapiro (1985), ‘Network Externalities, Competition, and Compatibility’ 24. Paul A. David (1985), ‘Clio and the Economics of QWERTY’ 25. S.J. Liebowitz and Stephen E. Margolis (1990), ‘The Fable of the Keys’ PART VIII ANTITRUST, REGULATION, AND BUREAUCRACY 26. William J. Baumol and Janusz A. Ordover (1985), ‘Use of Antitrust to Subvert Competition’ 27. Timothy J. Brennan (1995), ‘Is the Theory Behind U.S. v. AT&T Applicable Today?’ 28. Malcolm B. Coate, Richard S. Higgins and Fred S. McChesney (1990), ‘Bureaucracy and Politics in FTC Merger Challenges’ 29. Malcolm B. Coate, Andrew N. Kleit and Rene Bustamante (1995), ‘Fight, Fold or Settle?: Modelling the Reaction to FTC Merger Challenges’ Name Index

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Book SynopsisWhile the Singaporean economy has experienced one of the highest rates of growth in the world over the past three decades, questions have recently been raised about the sustainability of the Singapore development model and its continued relevance in the global economy. This book is a compilation of specially written essays by a select group of leading international scholars. The authors analytically examine a number of related issues pertaining to national competitiveness, structural and macroeconomic concerns and policy options for the Singapore economy in order for it to sustain its economic viability in the global economy. Specifically, the volume aims to: identify key trends and strategic issues that policymakers and businesses need to be aware of in a highly competitive and technologically sophisticated global economy highlight what exactly it means to be 'competitive' in the new global economy hypothesise how to position Singapore in the new global economy for it to remain a thriving and prosperous nation. As the title of the book suggests, while the focus is on Singapore, there are many lessons to be gleaned for other countries in Asia and elsewhere. Scholars of Asian studies, international economics, development economics, public policy and international business economics should find this book of great value, as should policymakers and other policy analysts.Trade Review'This volume is best seen as the latest in a series of soul-searching exercises in a country which, although remarkably successful in its economic achievements, is obsessed with its international competitiveness, almost as much as it is with its economic growth . . . Overall, it is a well-crafted and well-organized volume, nicely focused around the general theme of international competitiveness in an era of increased globalization . . . this book is an excellent update of the challenges facing this small but interesting country.' -- Peter Wilson, Journal of Asian Business'The lessons gleaned from the wide-ranging topics discussed in the book serves as a good guide for all interested in tackling the demands brought about by globalization.' -- C.Y. Chang, ASEAN Economic Bulletin'This is a thoughtful volume providing a well-rounded treatment of some of the main economic issues currently confronting Singapore. It will be of greatest interest to Singapore watchers, but given the range of issues it grapples with, a much wider audience of policymakers and those interested in development economics will also find it stimulating.' -- Alfred Oehlers, Asian-Pacific Economic LiteratureTable of ContentsContents: Foreword by Tommy Koh Part I: General Introduction 1. Introduction and Overview Part II: Defining Globalization and Competitiveness 2. The New Global Economy: Opportunities and Challenges for Small and Open Economies 3. Assessing Industrial Competitiveness: How Does Singapore Fare? Part III: International Trade 4. Production Sharing and Singapore’s Global Competitiveness 5. Opportunities and Challenges in Singapore’s Services Trade Part IV: Role of Government 6. Sustaining the Competitiveness of Singapore Inc in the Knowledge-based Global Economy 7. Structural Challenges Facing the Singapore Economy 8. Fiscal Policy Challenges Facing a Mature Asian Economy: The Case of Singapore Part V: Entrepreneurship, Innovation and Productivity 9. Entrepreneurship, Innovation and Globalization: Does Singapore Need a New Policy Approach? 10. Technology Spillovers, Ownership Structures and Productivity Growth in Singapore Part VI: Exchange Rate Policies and Financial Market Considerations 11. Economic Competitiveness and the Equilibrium Real Exchange Rate: The Case of Singapore 12. Developing a Viable Corporate Bond Market: The Singapore Experience Index

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Book SynopsisThe promotion of liberalised and deregulated markets by bilateral and multilateral aid donors, and by global institutions such as the WTO, has led to significant attention being paid to competition and regulatory reforms in developing economies. The process of reform involves the transfer and diffusion of market models derived from practice and theory in developed countries. However, in developing countries, regulation needs to do more than simply promote competitiveness and consumer interests: it also needs to ensure that the market nurtures development. By rigorously examining the numerous impacts of regulation, this book will help to fill a significant gap in the literature on economic and social development.The book draws together contributions from leading experts across a range of disciplines including economics, law, politics and governance, public management and business management. The authors begin with an extensive overview of the issues of regulation and competition in developing countries, and carefully illustrate the important themes and concepts involved. Using a variety of country and sector case studies, they move on to focus on the problems of applicability and adaptation that are experienced in the process of transferring best practice policy models from developed to developing countries. The book presents a clear agenda for further empirical research and is notable for its rigorous exploration of the links between theory and practice. Although there is substantial interest in competition and regulation, as yet there has been relatively little investigation of these issues in developing economies. This book redresses the balance and will be a valuable resource for researchers, academics, teachers and students interested in development economics and development studies. It will also be of great relevance for practitioners and policymakers working in the fields of competition policy and regulatory reform.Table of ContentsContents: Preface Part I: Competition and Regulation in Developing Countries: An Overview 1. Competition, Regulation and Regulatory Governance: An Overview Part II: Competition, Regulation and Development: Leading Concepts and Issues 2. Competition Policy, Market Power and Collusion in Developing Countries 3. Competition, Innovation and Economic Development: The Instituted Connection 4. Economic Regulation in Developing Countries: A Framework for Critical Analysis 5. Trade and Competition Policy at the WTO: Issues for Developing Countries 6. Private Sector Development Strategy: Some Critical Issues 7. Comparing Regulatory Systems: Institutions, Processes and Legal Forms in Industrialised Countries 8. Public Management and Regulatory Governance: Problems of Policy Transfer to Developing Countries 9. A Diagnostic Model for Capacity Building in Regulatory Agencies 10. Ethical Trade: Issues in the Regulation of Global Supply Chains Part III: Competition and Regulation in Developing Countries: Policies and Practice 11. Regulating Competition in Malaysia 12. The Institutional and Policy Framework for Regulation and Competition in South Africa 13. Regulatory Governance in the Philippines: A Profile 14. Competition, Regulation and Regulatory Governance in Sri Lanka 15. The Institutional and Policy Framework for Regulation and Competition in Ghana 16. Competition, Regulation and the Urban Poor: A Case Study of Water 17. Regulation and Social Protection 18. The Political Economy of Privatization in Malaysia 19. The Regulatory Environment of the Energy Industry in the Philippines 20. Regulation and Competition: Emerging Issues from an Indian Perspective 21. Telecommunications in Guyana: From State Ownership to De-monopolization? Index

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Book SynopsisThe business environment of the chaebol (large corporations in Korea) has changed drastically since the outbreak of the 1997 Asian financial crisis. This book discusses the attempts of the Korean government to remedy structural weaknesses in the corporate sector by launching an aggressive chaebol reform package, supported by the IMF and other international agencies. Its main objective was to restore competitiveness in the corporate sector and to upgrade business conditions to that of international practices and standards.Competition and Corporate Governance in Korea critically reviews government policy towards the chaebol and provides a comprehensive investigation of the relationship between corporate governance and economic performance as well as the interaction of economic institutions with the chaebols' incentive structure and management behaviour. Policy implications based on objective and rigorous empirical analyses of data on the chaebol are also discussed. Notwithstanding the fact that the chaebol have already undergone considerable governance, capital, and business portfolio restructuring, this volume suggests a road map for further restructuring, and the creation of a new incentive structure to help strengthen chaebol competitiveness.This richly informative book will appeal to academics and researchers of industrial organization, economics and corporate reform as well as those involved in Asian studies.Table of ContentsContents: Introduction Part I: Government and Chaebols: Institutional Perspectives 1. The Chaebol, Corporate Policy and Korea’s Development Paradigm 2. An Alternative Perspective on Government Policy towards the Chaebol in Korea: Industrial Policy, Financial Regulations and Political Democracy Part II: Corporate Governance and Chaebol Reform 3. Corporate Governance and Chaebol Reform in Korea 4. The Monitoring Role of Financial Institutions in the Korean Corporate Sector 5. Restructuring and Corporate Governance of the Korean Chaebol Part III: Chaebol Restructuring Policy and its Evaluation 6. Chaebol Restructuring Revisited: A Coasian Perspective 7. Government-led Restructuring of Firms’ Excess Capacity and its Limits: Korean ‘Big Deal’ Case Part IV: Chaebol Business Structure and Survival Strategies 8. The Evolution and Restructuring of Diversified Business Groups in Emerging Markets: The Lessons from Chaebols in Korea 9. Portfolio Restructuring Based on Strategic Relatedness between Businesses: A Suggestion for the Chaebol Index

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Book SynopsisThis book studies the dynamics of alliance group formation in technology-based networks. The author attempts to develop the concept of alliance blocks from a social network perspective, and explores the relationship between alliance block membership and innovative performance in a changing technological environment.The book demonstrates that as an alliance network grows, the likelihood of alliance block formation also increases. The author presents evidence that pursuing a block membership strategy favourably affects innovative performance. This is true for conditions of both cumulative and disruptive technological change. However, over time the technology profiles of alliance block members tend to become more similar, which can eventually lead to a reduction in innovative activity. She also reveals that, when compared to their non-member counterparts, firms in alliance blocks are likely to apply for more patents, hold more central positions in the network, have larger revenues and undertake more R&D intensive research. In addition, they are also inclined to originate from an Asian background.This is the first book to propose a well-developed theoretical framework, supported by empirical evidence, to explain alliance block formation processes and their effect on innovative performance. As such, it fills a substantial gap in the literature on competitive rivalry among alliances, an increasingly important area of research. It will be essential reading for academics and practitioners in the fields of industrial organization, strategic management, technological alliances, competition and innovation studies.Trade Review'This book provides us with valuable insights into the alliance network that has come into existence in one of the largest IT-based sectors, i.e. microelectronics, and the evolution of this network structure over time. Furthermore, the study makes a significant contribution to the existing theory on alliances and networks by showing that there is a clear shift in the embeddedness logic underlying the development of the microelectronics network and the formation of alliance blocks within this network over time.' -- Nadine Roijakkers, Journal of Evolutionary Economics'The rapid proliferation of alliances has not only initiated new forms of cooperation among companies but also ushered in a new era of competition. Today, cooperative agreements have become an integral part of competitive strategies. In spite of the many books on alliances, this excellent text is one of the first to integrate collaborative behaviour and technology competition into one comprehensive framework. This is an essential book for every manager and academic interested in the use of alliances for innovative renewal.' -- Geert Duysters, Eindhoven University of Technology, The Netherlands'This careful study analyzes how alliances transform rivalry from firm versus firm to group versus group. It shows that a firm's network of alliances influences its performance and strategic options - enhancing competitive advantage at times, but also constraining flexibility at other times. A must-read for anyone thinking about alliance strategy.' -- Benjamin Gomes-Casseres, Brandeis University, USTable of ContentsContents: 1. Introduction to the Study 2. Definitions, Data and Methodology 3. The Enabling Effect of Embeddedness 4. The Constraining Effect of Embeddedness 5. Alliance Block Members: Who are They? 6. The Innovative Performance of Block Members 7. Technological Change and Performance of Block Members 8. Discussion and Conclusions 9. Summary References Index

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Book SynopsisThe promotion of liberalised and deregulated markets by bilateral and multilateral aid donors, and by global institutions such as the WTO, has led to significant attention being paid to competition and regulatory reforms in developing economies. The process of reform involves the transfer and diffusion of market models derived from practice and theory in developed countries. However, in developing countries, regulation needs to do more than simply promote competitiveness and consumer interests: it also needs to ensure that the market nurtures development. By rigorously examining the numerous impacts of regulation, this book will help to fill a significant gap in the literature on economic and social development.The book draws together contributions from leading experts across a range of disciplines including economics, law, politics and governance, public management and business management. The authors begin with an extensive overview of the issues of regulation and competition in developing countries, and carefully illustrate the important themes and concepts involved. Using a variety of country and sector case studies, they move on to focus on the problems of applicability and adaptation that are experienced in the process of transferring best practice policy models from developed to developing countries. The book presents a clear agenda for further empirical research and is notable for its rigorous exploration of the links between theory and practice. Although there is substantial interest in competition and regulation, as yet there has been relatively little investigation of these issues in developing economies. This book redresses the balance and will be a valuable resource for researchers, academics, teachers and students interested in development economics and development studies. It will also be of great relevance for practitioners and policymakers working in the fields of competition policy and regulatory reform.Table of ContentsContents: Preface Part I: Competition and Regulation in Developing Countries: An Overview 1. Competition, Regulation and Regulatory Governance: An Overview Part II: Competition, Regulation and Development: Leading Concepts and Issues 2. Competition Policy, Market Power and Collusion in Developing Countries 3. Competition, Innovation and Economic Development: The Instituted Connection 4. Economic Regulation in Developing Countries: A Framework for Critical Analysis 5. Trade and Competition Policy at the WTO: Issues for Developing Countries 6. Private Sector Development Strategy: Some Critical Issues 7. Comparing Regulatory Systems: Institutions, Processes and Legal Forms in Industrialised Countries 8. Public Management and Regulatory Governance: Problems of Policy Transfer to Developing Countries 9. A Diagnostic Model for Capacity Building in Regulatory Agencies 10. Ethical Trade: Issues in the Regulation of Global Supply Chains Part III: Competition and Regulation in Developing Countries: Policies and Practice 11. Regulating Competition in Malaysia 12. The Institutional and Policy Framework for Regulation and Competition in South Africa 13. Regulatory Governance in the Philippines: A Profile 14. Competition, Regulation and Regulatory Governance in Sri Lanka 15. The Institutional and Policy Framework for Regulation and Competition in Ghana 16. Competition, Regulation and the Urban Poor: A Case Study of Water 17. Regulation and Social Protection 18. The Political Economy of Privatization in Malaysia 19. The Regulatory Environment of the Energy Industry in the Philippines 20. Regulation and Competition: Emerging Issues from an Indian Perspective 21. Telecommunications in Guyana: From State Ownership to De-monopolization? Index

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Book SynopsisThis book aims to understand how sectoral dynamics condition learning and innovation activities within interfirm networks. To do so, a dynamic model of co-evolution at a sectoral level is developed, differentiating between a setting of exploration and exploitation. In analysing this co-evolutionary process, two views on organisation are combined; a competence view and a governance view. This combination of competence and governance yields a more complete view of interfirm relations. Based on this, The Dynamics of Innovation and Interfirm Networks analyses in-depth two Dutch knowledge-intensive industries: multimedia and pharmaceutical biotechnology. The book demonstrates that a general pattern of co-evolution can be identified for both industries. How this co-evolutionary process settles in a specific combination of network structures and coordination mechanisms varies across the two industries. In this way, the book makes an important contribution to explaining why key features of innovation networks vary with exploration and exploitation, as well as across different industries. Academics, specifically those interested in the dynamic interaction between networks and innovation, will find this book of great interest, as will policymakers and management practitionersTrade Review'In the vast and growing literature on networks, this book is extremely timely and addresses the right issues. Victor Gilsing's book is a jewel. It guides us through the maze of networks, with lightness, brilliance and conviction. The book excels in explaining which type of network is best suited to deal with a particular innovation task. This is achieved by providing a clear and thorough theoretical analysis which combines institutional and evolutionary economics, as well as a remarkable empirical analysis based on multimedia and biotechnologies. Gilsing succeeds in further exploring the multiple dimensions of the well known notion of ties between economic units in a network (not only the strength of ties but also the duration, density, frequency), and thus brings a new perspective on the classical notions of exploration and exploitation. We learn that a network in exploitation generally favors a non-dense structure made up of strong ties, whereas the key-question with regard to organizing for exploration is not "how to combine specialization and integration" but rather "how to combine diversity and selection". This book has strong implications for firms when developing a strategy on how to structure their network, where to position such a network and which role it should play. The attempt to acquire an endogenous understanding of the origins of novelty in networks of firms, and to shed light on the mechanisms that generate variety in our economic system is a coup de maître.' -- Patrick Cohendet, the University Louis Pasteur of Strasbourg (France) and HEC Montreal (Canada), and co-founder and member of the BETA research lab in Strasbourg'This is a path-breaking study on the evolution of knowledge, learning, and innovation within networks of firms. It focuses on the institutions that influence interfirm learning and how networks of firms affect their institutional environment. It studies the implications of these co-evolutionary processes for networks of firms and their coordination, from both a competence and governance perspective. The significant contribution of the study lies in the insight resulting from the dynamic and evolutionary approach to the study of innovation systems, all too rare in the literature. The book combines and applies ideas and concepts from evolutionary economics and social network theory. Case studies of the innovation systems for multimedia and biotechnology in the Netherlands provide useful illustrations. Students of evolution and learning in innovation systems and networks will not want to miss this important work.' -- Bo Carlsson, Case Western Reserve University, US'In the past decades firms have started to realize that strategic alliances and interfirm networks have become a key competitive weapon. In spite of the vast amount of publications on alliances and networks, the specific interaction between sectoral characteristics, learning regimes and innovation networks has been ill understood. This important publication fills this void by providing an original and thorough framework that enables us to understand exploration, exploitation and co-evolution of networks. This work is a must-read for academics and managers alike.'<BR>- Geert Duysters, Eindhoven University of Technology, The NetherlandsTable of ContentsContents: Foreword 1. Introduction 2. Selection by the Institutional Environment 3. Learning Regimes 4. Co-evolution of Institutional Environment and Learning Regimes 5. Implications from the Co-Evolutionary Process 6. Methodology 7. The Dutch Multimedia System of Innovation 8. The Dutch Pharmaceutical Biotechnology System of Innovation 9. Conclusions References Index

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Book SynopsisCompetitive markets are now established in most successful economies but the question of what competition is and what it means for policy in developing countries is often overlooked. This book provides a refreshing and critical examination of the issues relating to market competition and competition policy. The book discusses competition from different theoretical perspectives and examines the implications these viewpoints have for policy. The contributors assess competitiveness in domestic markets and the impact of foreign competition. They also review the experiences of a range of countries in developing competition policy and examine both the strengths and weaknesses of these policies.Written in a non-technical manner, Competitive Advantage and Competition Policy in Developing Countries is addressed to policymakers, as well as academics, concerned with regulation and competition. It will also be of interest to regulators in dedicated agencies such as utility regulators, competition agencies and those dealing with regulatory impact assessment.Trade Review'This is an ambitious collection of essays, in an area that needs good research and formalization. It should appeal to someone interested in the nexus between competition and development in developing countries. . .' -- Abel M. Mateus, World Competition'. . . a very good overview of both industry specific and policy issues facing developing economies as they embrace competition policy. The authors should be congratulated for raising our awareness of an increasingly important area of competition development.' -- Ray Steinwall, Competition and Consumer Law JournalTable of ContentsContents: Preface 1. Introduction Paul Cook, Raul Fabella and Cassey Lee PART I: COMPETITION POLICY AND DEVELOPMENT 2. Competition and the Regulation of Economic Development John Stanley Metcalfe and Ronnie Ramlogan 3. Model Competition Laws Cassey Lee 4. Legal Traditions and Competition Policy Cassey Lee 5. Establishing Consumers as Equivalent Players in Competition Policy Kamala Dawar 6. Guanxi and Taipans: Market Power and the East Asian Model of Competition Raul Fabella PART II: EXPERIENCE WITH COMPETITION POLICY 7. Competition Policy and the Legal System in Brazil Germano Mendes de Paula 8. Competition Policy and Enterprise Development: The Role of Public Interest Objectives in South Africa’s Competition Policy Trudi Hartzenberg 9. Competitive Markets and Competition Policy in Indonesia Efa Yonnedi 10. Competition Policy in Malaysia Cassey Lee 11. Competition Policy and Competitive Markets in Bangladesh Selim Raihan PART III: COMPETITION AND COMPETITIVE ADVANTAGE 12. The Role of South African Competition Law in Supporting SMEs Kim Kampel 13. Globalization and Competition in the South African Wine Industry Joachim Ewert and Jeffrey Henderson 14. Foreign Competition and Growth: Bangladesh Manufacturing Industries Selim Raihan 15. Domestic Competition and Technological and Trade Competitiveness Yuichiro Uchida and Paul Cook Index

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Book SynopsisRegulating Utilities and Promoting Competition continues the series of annual books, published in association with the Institute of Economic Affairs and the London Business School, which critically review the state of utility regulation and competition policy.With contributions by some of the leading figures in the field, this important new book presents incisive chapters on a number of prominent topics. These include, amongst others, the future of the railways, the international trade in gas, the economics and politics of wind power and the role of economics in merger reviews. A key feature of the book is the careful examination of fundamental issues, not only from the viewpoint of academic and other independent commentators, but also by the regulators and heads of competition authorities themselves. By addressing significant developments both in Britain and abroad, the authors draw important lessons about the policy changes needed as well as their subsequent implementation. This book will be of great value to practitioners, policymakers and academics alike who are concerned with regulation, deregulation and policies to promote competition.Trade Review'The reader is aided by an introduction summarising arguments made in the lectures and a useful index. That the speaker or commentator is a senior official from a regulatory or enforcement authority makes the volume of considerable value to practitioners, policymakers, and academics involved in regulatory reform as it provides an up-to-date review of the major issues, not only indicating current regulatory practice but also its future trajectory.' -- Okeoghene Odudu, World Competition'. . . a treasure trove of valuable insight and commentary into the utility markets and how they are, and should be, regulated.' -- - European Competition Law ReviewTable of ContentsContents: Introduction 1. The Future of the Railways in the Light of the Government’s Rail Review 2004 – Tom Winsor, Comment – Stephen Glaister 2. International Trade in Gas and Prospects for UK Gas Supplies – Nigel Cornwall, Comment – John Michell 3. The Economics and Politics of Wind Power – David Simpson, Comment – Alistair Buchanan 4. The Competition Appeal Tribunal: Five Years On – Christopher Bellamy, Comment – George Yarrow 5. A Year Under Ofcom – Robin Mason 6. Trying to Make Sense of Abuse of a Dominant Position – Thomas Sharpe, Comment – John Vickers 7. The Role of Economics in Merger Review – John Fingleton, Comment – Leonard Waverman, Comment on Mergers and Comparative Competition in the Water Industry – Philip Fletcher 8. Privatisation and Regulation in Developing Countries – David Parker and Colin Kirkpatrick, Comment – Colin Robinson Index

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Book SynopsisThis book deals with the nature of contemporary globalisation. Maurice Mullard aims to show that globalisation is not an inescapable, unstoppable process somehow beyond human control, rather that it represents, and is being shaped by, a series of deliberate policy choices and policy decisions. The emphasis of this fascinating work is on how these policy choices are creating new forms of economic inequalities and also political elites that distort the democratic process.The mapping of winners and losers goes beyond the usual analysis of the rich North versus the poor South, by including an examination of the widening inequalities in the North and the emergence of new elites in the South. Policies of privatisation and liberalisation of water and electricity create new political elites. The author reveals the shift in the North towards multi national corporations with their emphasis on profits and stock market prices, while at the same time incomes for most employees have either stagnated or actually declined. The standard discourse on globalisation and market flexibility often blurs the issues of declining trade union influence and corporations moving to countries offering lower labour costs. Maurice Mullard herein attempts to rectify this imbalance.The Politics of Globalisation and Polarisation is interdisciplinary and will therefore be relevant for academics and researchers of politics, social policy, public policy and economics. Scholars involved in globalisation will find this book to be a major contribution to the ongoing debate.Table of ContentsContents: Preface 1. The Politics of Globalisation 2. Democracy, Citizenship and Globalisation 3. Globalisation and Models of Citizenship 4. The Relevance of Democracy 5. Mapping the Winners and the Losers 6. Globalisation and Empowerment 7. Policy Rhetoric and Policy Realities 8. Globalisation by Whom and for Whom? 9. Conclusions References Index

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Book SynopsisThis indispensable Handbook examines both economic and legal aspects of competition policy and industrial organization. It provides a scholarly review of the state of the art regarding economic theory, empirical evidence and standards of legal evaluation. The book aims primarily at furthering our understanding of the interplay between economic reasoning and legal expertise by concentrating on the fundamental issues and principles underlying competition policy.Following a comprehensive introduction, the authors investigate a number of important themes including: the natural limits of competition efficiency versus market power small firms, innovation and competition trade policy and competition policy financial services the political economy of antitrust dominance and monopolization identifying anti-trust markets competition policy versus regulation competition policy in a globalized economy. Each of the specially commissioned chapters, written by leading authorities in the field, provides a stimulating exploration of the intricacies of competition policy. The book will be accessible to a wide audience including students of economics and law, public administrators, lawyers, consultants and business managers. It will also be of particular interest to policymakers in EU accession countries who are required to introduce an appropriate legal framework to implement EU competition policy.Trade Review'This is a book that those involved with competition policy and law should have on their bookshelves. . . one of the very useful features of this book will be that it provides an up-to-date comparison of the legal provisions in the United States and Europe. . . the essays that comprise The International Competition Handbook provide not only an underpinning for concepts already learned but offer new insights and greater depth of understanding.' -- Rhonda L. Smith, Competition and Consumer Law Journal'. . . lawyers will find extremely interesting material on historical cartel agreements, theoretical and empirical studies on cartel enforcement and game theory analyses of cartel behaviour. A must have for any serious competition law library.' -- Ioannis Lianos, World CompetitionTable of ContentsContents: Introduction Manfred Neumann and Jürgen Weigand 1. Globalization and the Natural Limits of Competition Stephen Martin 2. Efficiency versus Market Power through Mergers Dennis C. Mueller 3. Small Firms, Innovation and Competition David B. Audretsch 4. Trade Policy and Competition Policy: Conflict versus Mutual Support Eric Bond 5. Financial Services: Consolidation and Strategic Positioning Arnoud Boot 6. Political Economy of Antitrust Charles Rowley and Anne Rathbone 7. Dominance and Monopolization Marcel Canoy, Patrick Rey and Eric van Damme 8. Identifying Antitrust Markets Paul Geroski and Rachel Griffith 9. Competition Policy versus Regulation: Administration versus Judiciary Christian Kirchner 10. Competition Policy in a Globalized Economy: From Extraterritorial Application to Harmonization Jürgen Basedow Index

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Book SynopsisThe Handbook of Research on Competitive Strategy presents a comprehensive state-of-the-art picture of current strategic management issues and demarcates the major investigation strands that are likely to shape the field into the future. The Handbook is the outcome of a far-reaching endeavor including new contributions from highly-reputed experts around the world, outlining the conceptual and empirical advancements and assessing the promises and practical relevance of the competitive strategy field. Looking at key areas such as alliances and innovation, ownership and networks, coopetition and entrepreneurship, multinational and trust management, and firm's financial structures and business models, the book sets a research agenda for the future of competitive strategy research. Gathering various solid branches of investigation that revolve around specific theories and applications (such as the socio-cognitive perspective, the strategy-as-practice view, and the most recent developments in competitive dynamics and the resource-based perspective of the firm), this inspiring and thought-provoking Handbook will provide executives, entrepreneurs, students and scholars in management with many insights into the nature and process of competitive strategy emergence, configuration and development. Contributors: A. Arikan, A. Arino, J.B. Barney, J.A.C. Baum, A. Capasso, R. Casadesus-Masanell, B. Cassiman, S. Castaldo, A. Chintakananda, M.C. Cinici, G.M. D'Allura, G.B. Dagnino, E. Dalpiaz, V. Della Corte, M.C. Di Guardo, R.L.M. Dunbar, R. Faraci, S. Ferriani, I. Filatotchev, N.J. Foss, E. Garcia-Canal, F. Garraffo, A. Giuliani, H.R. Greve, J.R. Harrison, M.A. Hitt, E.T. La Rocca, M. La Rocca, G. Lee, C. Markides, O. Meglio, A. Minichilli, G. Padula, V. Pisano, K. Premazzi, R. Ragozzino, R.K. Reger, P. Regner, J.J. Reuer, J.E. Ricart, V.P. Rindova, G.D. Santangelo, M. Sciarelli, W. Shen, M. Sorrentino, C. Stadler, G. WalkerTrade Review‘T?he Handbook stimulates reflection and helps one to select which avenues to explore, while at the same time preserving a strong link with established ideas.’ -- M@n@gement JournalTable of ContentsContents: 1. Introduction: Why a Handbook of Research on Competitive Strategy? Giovanni Battista Dagnino PART I: COMPETITIVE STRATEGY RESEARCH: ORIGINS AND DEVELOPMENTS 2. What is Competitive Strategy? Origins and Developments of a Relevant Research Area in Strategic Management Vincenzo Pisano and Michael A. Hitt 3. The Genesis of Competitive Strategy: A Historian’s View Christian Stadler 4. Theory of Science Perspectives on Strategic Management Research: Debates and a Novel View Nicolai J. Foss 5. Young and Growing Research Directions in Competitive Strategy Joel A.C. Baum and Henrich R. Greve PART II: THEORETICAL APPROACHES INFORMING COMPETITIVE STRATEGY RESEARCH 6. The Role of Resource-based Theory in Strategic Management Studies: Managerial Implications and Hints for Research Jay B. Barney, Valentina Della Corte, Mauro Sciarelli and Asli Arikan 7. The Mind of the Strategist and the Eye of the Beholder: The Socio-cognitive Perspective in Strategy Research Violina P. Rindova, Rhonda K. Reger and Elena Dalpiaz 8. The Management of Growth Strategies in Firm Networks: A Stylized Model of Opportunity Discovery via Network Ties Simone Ferriani and Antonio Giuliani 9. Strategy-as-Practice: Untangling the Emergence of Competitive Positions Patrick Regnér 10. Competitive Dynamics Stimulated by Pioneers’ Technological Innovation: A Theoretical Framework Francesco Garraffo and Gwendolyn Lee PART III: ADVANCED TOPICS IN COMPETITIVE STRATEGY RESEARCH 11. The Evolving Role of Mergers and Acquisitions in Competitive Strategy Research Olimpia Meglio and Arturo Capasso 12. Strategic Implications of Alliance Formation and Dynamics: A Comprehensive Review Africa Ariño and Esteban García-Canal 13. Innovation and Technology Management in Competitive Strategy Research Bruno Cassiman and Maria Chiara Di Guardo 14. Corporate Governance Issues in Competitive Strategy Research Igor Filatotchev 15. Entrepreneurial Issues in Competitive Strategy Research Mario Sorrentino 16. Family Business and Competitive Strategy Research Giorgia M. D’Allura and Alessandro Minichilli 17. Multinational Firms and Competitive Strategy Research Grazia D. Santangelo PART IV: METHODOLOGICAL ISSUES IN COMPETITIVE STRATEGY RESEARCH 18. The Use of Quantitative Methodologies in Competitive Strategy Research Roberto Ragozzino, Asda Chintakananda and Jeffrey J. Reuer 19. Semiotic Methods and the Meaning of Strategy in Firm Annual Reports Maria Cristina Cinici and Roger L.M. Dunbar 20. The Role and Impact of Computer Simulation Modeling in Competitive Strategy Research J. Richard Harrison and Gordon Walker PART V: COMPETITIVE STRATEGY AT THE INTERSECTION BETWEEN RESEARCH AND PRACTICE: A LOOK INTO THE FUTURE 21. The Management of Trust in Competitive Strategy Research: Why it is Important and What is New Sandro Castaldo and Katia Premazzi 22. Competing through Business Models Ramon Casadesus-Masanell and Joan E. Ricart 23. Coopetition: Nature, Challenges, and Implications for Firms’ Strategic Behavior and Managerial Mindset Giovanni Battista Dagnino, Maria Chiara Di Guardo and Giovanna Padula 24. Crossing Boundaries between Contemporary Research in Strategy and Finance: Connecting the Firm’s Financial Structure and Competitive Strategy Maurizio La Rocca and Elvira Tiziana La Rocca 25. Does Firm Ownership Matter? Investors, Corporate Governance and Strategic Competitiveness in Privately-held Firms Rosario Faraci and Wei Shen 26. Competitive Strategy Research’s Impact on Practice Costantinos Markides Index

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Book SynopsisCompetition policy aims to prevent anticompetitive agreements and mergers, limiting the abusive exercise of market power. The formulation and application of this policy presents significant challenges, which include showing that proposed mergers are anticompetitive, proving that firms are members of cartels and defending apparently restrictive vertical agreements. For this insightful volume the editor has selected key papers which illustrate how far we have come towards meeting these challenges. They provide comprehensive developmental coverage of the theory that underpins and justifies competition policy, and of the econometric tests that demonstrate its effects and violations. This timely book will be an invaluable resource to researchers and practitioners alike with an interest in this important subject.Trade Review‘. . . the collection of critical writings on recent developments in monopoly and competition provide an in-depth look at the core areas of competition in their current form and examines some of the emerging issues. Mr Norman has compiled a comprehensive set of both economic policy and econometric articles that provide the reader with modern developments in competition law and policy which are increasingly globally relevant as more and more jurisdictions join in outlawing anti-competitive conduct.’Table of ContentsContents: Acknowledgements Introduction George Norman PART I SETTING THE SCENE: THE CASE FOR ANTITRUST POLICY 1. Jonathan B. Baker (2003), ‘The Case for Antitrust Enforcement’ 2. John Vickers (2005), ‘Abuse of Market Power’ PART II THEORY OF PRICE FIXING 3. Barbara McCutcheon (1997), ‘Do Meetings in Smoke-Filled Rooms Facilitate Collusion?’ 4. David Genesove and Wallace P. Mullen (2001), ‘Rules, Communication, and Collusion: Narrative Evidence from the Sugar Institute Case’ 5. Susan Athey and Kyle Bagwell (2001), ‘Optimal Collusion with Private Information’ 6. Joseph E. Harrington, Jr. (2005), ‘Optimal Cartel Pricing in the Presence of an Antitrust Authority’ PART III THE IMPACT OF PRICE FIXING 7. Robert H. Porter and J. Douglas Zona (1999), ‘Ohio School Milk Markets: An Analysis of Bidding’ 8. John E. Kwoka, Jr. (1997), ‘The Price Effects of Bidding Conspiracies: Evidence from Real Estate Auction “Knockouts”’ 9. John M. Connor (2001), ‘“Our Customers Are Our Enemies”: The Lysine Cartel of 1992–1995’ 10. Lawrence J. White (2001), ‘Lysine and Price Fixing: How Long? How Severe?’ PART IV CARTELS 11. George Symeonidis (2002), ‘Cartel Stability with Multiproduct Firms’ 12. Margaret C. Levenstein and Valerie Y. Suslow (2006), ‘What Determines Cartel Success?’ 13. Massimo Motta and Michele Polo (2003), ‘Leniency Programs and Cartel Prosecution’ PART V HORIZONTAL MERGERS 14. Joseph Farrell and Carl Shapiro (1990), ‘Horizontal Mergers: An Equilibrium Analysis’ 15. David Spector (2003), ‘Horizontal Mergers, Entry, and Efficiency Defences’ 16. Orley Ashenfelter, David Ashmore, Jonathan B. Baker, Suzanne Gleason and Daniel S. Hosken (2006), ‘Empirical Methods in Merger Analysis: Econometric Analysis of Pricing in FTC v. Staples’ 17. Dario Focarelli and Fabio Panetta (2003), ‘Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits’ PART VI VERTICAL MERGERS AND FORECLOSURE 18. Janusz A. Ordover, Garth Saloner and Steven C. Salop (1990), ‘Equilibrium Vertical Foreclosure’ 19. Yongmin Chen (2001), ‘On Vertical Mergers and Their Competitive Effects’ 20. Margaret E. Slade (1998), ‘Beer and the Tie: Did Divestiture of Brewer-Owned Public Houses Lead to Higher Beer Prices?’ PART VII VERTICAL RESTAINTS 21. B. Douglas Bernheim and Michael D. Whinston (1998), ‘Exclusive Dealing’ 22. Michael D. Whinston (2001), ‘Exclusivity and Tying in U.S. v. Microsoft: What We Know, and Don’t Know’ 23. Tim R. Sass (2005), ‘The Competitive Effects of Exclusive Dealing: Evidence from the U.S. Beer Industry’ PART VIII OTHER ABUSIVE PRACTICES 24. Kenneth G. Elzinga and David E. Mills (2001), ‘Predatory Pricing and Strategic Theory’ 25. Barry Nalebuff (2004), ‘Bundling as an Entry Barrier’ 26. Dennis W. Carlton and Michael Waldman (2002), ‘The Strategic Use of Tying to Preserve and Create Market Power in Evolving Industries’ 27. Leemore S. Dafny (2005), ‘Games Hospitals Play: Entry Deterrence in Hospital Procedure Markets’ Name Index

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Book SynopsisThis thought-provoking book explores the influences of market competition and diverse behaviors of economic agents on economic performance, particularly dynamic economic performance.Clem Tisdell illustrates - within evolutionary, dynamic and static contexts - how diversity can improve or impede economic performance. He addresses the fact the role of diversity in improving economic performance has been neglected by economic theorists by making economic diversity a focal point of economic analysis. In particular, special attention is given to the value of economic diversity and economic imperfections in improving the performance of economic processes in particular identified situations. Limitations of using market-like mechanisms for managing public bodies and business firms are discussed and the value of business cooperation (economic mutualism) as a means for improving economic performance is examined. It is also observed that as economies develop, different forms of economic competition and business cooperation evolve.Challenging yet accessible, this book will prove a stimulating read for academics and students in the fields of economics, industrial organization and business and management.Trade Review'Ecological and economic systems share some fundamental characteristics that Clem Tisdell has beautifully illuminated. He has given us a much better handle on the roles of competition, diversity, evolution and sustainability in complex, interdependent ecological and economic systems. Our ability to build a sustainable and desirable future fundamentally depends on this integrated understanding.' --Robert Costanza, Portland State University'Competition, Diversity, and Economic Performance considers in depth the impact of the diversity of agents on economic performance and discusses how this relation is mediated by the nature of competition. In doing so, the author links together ideas rooted in different perspectives from early contributions in industrial organization until recent approaches. Overall, the book is an inclusive summary of the concept of diversity in standard economic theorizing.' -Regional StudiesTable of ContentsContents: Preface 1. The Role of Competition and Diversity in Economic Performance: An Overview 2. Concepts of Economic Competition and Performance in Context 3. Diversity of Consumers, Product Innovation and Economic Performance 4. Schumpeter and the Dynamics of Capitalism: The Driving Force of Business Innovation 5. Reasons for Business Diversity and their Economic Importance 6. Diversity and the Evolution of Competitive Economic Systems 7. Competition, Diversity, Evolution and Sustainability: Are there Lessons from Ecology? 8. Market Niches, Competition and Economic Performance: More Clues from Ecology? 9. Market Impediments, Restrained Reactions and Market Dynamics 10. Variations in the Fitness of Firms, Dynamic Economic Performance, and Vulnerability 11. More on Differences in the Fitness of Firms, Market Selection and Product Variety 12. Using Market Mechanisms (for Example, Contracting Out) for the Efficient Public Provision of Commodities 13. Using Market and Market-like Mechanisms to Manage a Multidivisional Business Efficiently 14. Business Partnerships, Cooperation and the Enhancement of Economic Performance Index

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Book SynopsisCompetitive markets are now established in most successful economies but the question of what competition is and what it means for policy in developing countries is often overlooked. This book provides a refreshing and critical examination of the issues relating to market competition and competition policy. The book discusses competition from different theoretical perspectives and examines the implications these viewpoints have for policy. The contributors assess competitiveness in domestic markets and the impact of foreign competition. They also review the experiences of a range of countries in developing competition policy and examine both the strengths and weaknesses of these policies.Written in a non-technical manner, Competitive Advantage and Competition Policy in Developing Countries is addressed to policymakers, as well as academics, concerned with regulation and competition. It will also be of interest to regulators in dedicated agencies such as utility regulators, competition agencies and those dealing with regulatory impact assessment.Trade Review'This is an ambitious collection of essays, in an area that needs good research and formalization. It should appeal to someone interested in the nexus between competition and development in developing countries. . .' -- Abel M. Mateus, World Competition'. . . a very good overview of both industry specific and policy issues facing developing economies as they embrace competition policy. The authors should be congratulated for raising our awareness of an increasingly important area of competition development.' -- Ray Steinwall, Competition and Consumer Law JournalTable of ContentsContents: Preface 1. Introduction Paul Cook, Raul Fabella and Cassey Lee PART I: COMPETITION POLICY AND DEVELOPMENT 2. Competition and the Regulation of Economic Development John Stanley Metcalfe and Ronnie Ramlogan 3. Model Competition Laws Cassey Lee 4. Legal Traditions and Competition Policy Cassey Lee 5. Establishing Consumers as Equivalent Players in Competition Policy Kamala Dawar 6. Guanxi and Taipans: Market Power and the East Asian Model of Competition Raul Fabella PART II: EXPERIENCE WITH COMPETITION POLICY 7. Competition Policy and the Legal System in Brazil Germano Mendes de Paula 8. Competition Policy and Enterprise Development: The Role of Public Interest Objectives in South Africa’s Competition Policy Trudi Hartzenberg 9. Competitive Markets and Competition Policy in Indonesia Efa Yonnedi 10. Competition Policy in Malaysia Cassey Lee 11. Competition Policy and Competitive Markets in Bangladesh Selim Raihan PART III: COMPETITION AND COMPETITIVE ADVANTAGE 12. The Role of South African Competition Law in Supporting SMEs Kim Kampel 13. Globalization and Competition in the South African Wine Industry Joachim Ewert and Jeffrey Henderson 14. Foreign Competition and Growth: Bangladesh Manufacturing Industries Selim Raihan 15. Domestic Competition and Technological and Trade Competitiveness Yuichiro Uchida and Paul Cook Index

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Book SynopsisThis compilation of original essays by an international cast of top scholars addresses some of the major issues now facing postal and delivery services throughout the world. The European Commission and member states wrestle with the problem of how to implement the scheduled liberalization of these sectors and maintain the universal service obligation while the United States Postal Service is coming to terms with the Postal Accountability and Enhancement Act. In addition, the book addresses the impact of electronic competition as well as other problems facing the field. The contributors analyze pressing issues such as access to infrastructure and service elements, changes in the national regulations of EU countries, forecasting mail volumes and the evolving market environment, issues surrounding universal service and others.Undergraduate and postgraduate students and researchers in regulation and public sector economics along with industry professionals will find this volume informative and useful.Table of ContentsContents: Foreword: Enduring Questions and Some Lessons from Practice Joëlle Toledano 1. Access and the USO Under Full Market Opening Michael A. Crew and Paul R. Kleindorfer 2. Access to Infrastructure and Service Elements in the Postal Sector Alessandra Fratini, Bernard Roy and Joost Vantomme 3. National Regulation of Postal Services Under the 2008 EU Postal Services Directive Richard Eccles 4. Abuse of Dominance in the Postal Sector: The Contribution of the Guidance Paper on Article 82 EC Damien Geradin and David Henry 5. The Altmark Ruling and Approaches to Measuring Efficiency of Postal Operators Vincenzo Visco Comandini, Adolfo Consiglio, Stefano Gori, Emiliano Piccinin and Maria Rita Pierleoni 6. Price-cap Postal Regulation: The French Experience Bénédicte Bouin, Nicolas Curien and Guillaume Lacroix 7. Some Dynamic Models for Mail Demand: The French Case François Boldron, Catherine Cazals, Jean-Pierre Florens and Sébastien Lécou 8. Forecasting Mail Volumes in an Evolving Market Environment Frédérique Fève, Jean-Pierre Florens, Frank Rodriguez and Soterios Soteri 9. The Effect of Falling Volumes on Traditional Efficiency Analysis Greg Harman, Wim Koevoets, Alejandro Requejo, Erik van der Merwe and Navin Waghe 10. Economies of Scale and Scope and Opening Hours in Post Offices and Agencies Massimo Filippini, Martin Koller and Urs Trinkner 11. Welfare and Profit Implications for Changes in Service Specification within the Universal Service Philippe De Donder, Helmuth Cremer, Paul Dudley and Frank Rodriguez 12. An Operational Measure of the Cost of Universal Service as Cross-subsidy Margaret Cigno, Diane Monaco and Edward S. Pearsall 13. Estimating the Impact of a Uniform Price Rule in a Liberalized Postal Environment: The Case of the United States Postal Service Michael D. Bradley, Jeff L. Colvin, Norma B. Nieto and Daniel J. Tobias 14. Funding the Cost of Universal Service in a Liberalized Postal Sector Claire Borsenberger, Helmuth Cremer, Philippe De Donder, Denis Joram and Bernard Roy 15. Cross-country Comparisons of Optimal Mail Delivery Frequency Claire Borsenberger, Denis Joram, Clément Magre and Bernard Roy 16. The Cost of the USO in the United States Robert Cohen, Charles McBride and John C. Panzar 17. Universal Service Auctions in Liberalized Postal Markets Joan Calzada, Christian Jaag and Urs Trinkner 18. A Team of Rivals: Collaboration between United States Postal Service and UPS Paul C. Smith and Paul E. Vogel 19. Customer Satisfaction Models for Itella’s Business Customers Lenni Kiikkilä 20. Postal Product Innovation Using EPPML Leon A. Pintsov and Andrei Obrea 21. The Environmental Impacts of the US Mail: Initial Life Cycle Inventory Model and Analysis Lawrence G. Buc, Peter A. Soyka and Sander S. Glick 22. Determining the Impact of Shape and Weight of Mail Items on Manual Processing Costs: An Experimental Approach Stéphane Bernard, Caroline Gomez, Lise Martin and Bernard Roy 23. Assessing the Cost of Capital for USPs in Europe: A Practical Approach António Manuel Amaral, Paulo Louro, Carla Mota and João Cristovão 24. Historical Development of a Universal Service Obligation in the United States James I. Campbell Jr. Index

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Book SynopsisIn an age in which it is increasingly necessary for nations to consider their competitiveness and at a time when the world economy is facing recession, this book explores the possible trajectory of ASEAN - arguably one of the most dynamic areas in the world - as a regional economic and political bloc. This important and timely study focuses on the role of foreign direct investment in advancing the performance of ASEAN and the competitiveness of its firms, whereas other studies typically focus solely on the role of trade. The expert contributors - an interdisciplinary assembly of economists, lawyers and political scientists - present a comprehensive view of ASEAN's experiences over the past decade, addressing the industrial competitiveness of ASEAN and analysing the role of MNEs against the background of the challenges of integration. They illustrate that regional integration will only be a success if ASEAN's linkages are broadened with global partners through negotiations of Free Trade Agreements. The book concludes that although much still remains to be done, and many promises are still to be unveiled, ASEAN's `coming of age' is a historic milestone. Competitiveness of the ASEAN Countries will appeal to a broad readership including students, academics and researchers with an interest in Asian studies, international business, international economics and international law.Table of ContentsContents: Foreword by Karl P. Sauvant 1. The ASEAN in a New Era: Unveiling the Premises Julien Chaisse and Philippe Gugler PART I: THE ASEAN INDUSTRIAL COMPETITIVENESS CHALLENGES WITHIN THE REGIONAL INTEGRATION PROCESS 2. The Competitiveness of the ASEAN Economies: Business Competitiveness and International Challenges Philippe Gugler and Pavida Pananond 3. Multinationals and the International Competitiveness of ASEAN Firms Nessara Sukpanich and Alan M. Rugman 4. MNE Linkages in ASEAN Axèle Giroud and Hafiz Mirza 5. Accelerating ASEAN Trade and Investment Cooperation and Integration: Progress and Challenges Siow Yue Chia 6. The Harmonization of ASEAN: Competition Laws and Policy from an Economic Integration Perspective Lawan Thanadsillapakul 7. Digital Divide in ASEAN Countries: Explaining the Gap Chalita Srinuan, Ibrahim Kholilul Rohman, Pratompong Srinuan and Erik Bohlin PART II: THE INTEGRATION OF ASEAN IN THE WORLD ECONOMY: THE CRUCIAL ROLE OF FTAs 8. Are ASEAN FTAs Used for Exporting? Ganeshan Wignaraja 9. Free Trade Agreements between Japan and ASEAN Member States: A Marriage Made in Heaven? Sufian Jusoh and Intan Murnira Ramli 10. Integration Experience and Trade Performance of the Indo–ASEAN FTA: Learning by Doing to Live up Great Expectations Debashis Chakraborty and Dipankar Sengupta 11. ASEAN–China FTA: A Pragmatic Approach to Regulating Services and Investment Jun Xiao 12. ASEAN–EU FTA Negotiations: Waiting for Godot? Ludo Cuyvers, Lurong Chen and Philippe de Lombaerde Index

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Book SynopsisThis indispensable Handbook examines the interface of competition policy, competition law and industrial economics.The book aims to further our understanding of how economic reasoning and legal expertise complement each other in defining the fundamental issues and principles in competition policy. In specially commissioned chapters the book provides a scholarly review of economic theory, empirical evidence and standards of legal evaluation with respect to monopolization of markets, exploitation of market power and mergers, among other issues.The International Handbook of Competition Second Edition will be accessible to a wide audience including students of economics and law, public administrators, lawyers, consultants, and business executives.Contributors: D.B. Audretsch, E.W. Bond, A.W.A. Boot, V. Ghosal, R. Griffith, K. Hüschelrath, C. Kirchner, M. Marinc, S. Martin, D.C. Mueller, L. Nesheim, M. Neumann, A. Rasch, A. Rathbone, C. Rowley, A. Wambach, J. Weigand, B.B. YurtogluTrade Review’This comprehensive Handbook demonstrates that academic thinking, new and old, has a role to play in shaping modern competition policy. -- Gunnar Niels, OxeraTable of ContentsContents: Introduction Manfred Neumann and Jürgen Weigand 1. Globalization and the Natural Limits of Competition Stephen Martin 2. Efficiency versus Market Power through Mergers Dennis C. Mueller and B. Burcin Yurtoglu 3. Entrepreneurship and Competition Policy David B. Audretsch 4. Trade Policy and Competition Policy: Conflict vs. Mutual Support Eric W. Bond 5. Financial Services: Strategic Positioning and Competitive Issues Arnoud W.A. Boot and Matej Marinč 6. The Political Economy of Antitrust Charles Rowley and Anne Rathbone 7. Defining Antitrust Markets Rachel Griffith and Lars Nesheim 8. Reconceptualizing Competition and Competition Policy in a New Institutional Economics-Perspective Christian Kirchner 9. Horizontal Concentration, Endogenous Fixed Costs, Efficiency and Merger Control Manfred Neumann 10. Assessing Potential Competition in Antitrust Markets Vivek Ghosal 11. Fighting Hard Core Cartels Kai Hüschelrath and Jürgen Weigand 12. Auctions and Competition Policy Alexander Rasch and Achim Wambach Index

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Book SynopsisThis two-volume set brings together for the first time a collection of seminal writings dealing with the development of competition policy in Europe, the United States and Japan. It begins by reproducing the writings of leading philosophers and scholars on the rationale and desirability of competition in market economies. These interpretations range in time of origin from ancient Greece through to Adam Smith and James Madison to very recent contributions in the competition policy debate. Having established relevant philosophical foundations, the compendium presents analyses by leading British, American, German and Japanese scholars on the interpretation and administration of laws concerning price-fixing and other restrictive agreements, market dominance and monopolization, predatory practices and mergers.Trade Review'The collection will no doubt prove a valuable source for students and researchers interested in the history and development of monopoly and competition policy.' -- Morten Hviid, International Journal of Industrial Organization'. . . this book serves a valuable purpose by bringing so much of the conventional literature into one location.'– Michael Perelman, RRPETable of ContentsCONTENTS VOLUME 1 PART 1 THE GOALS OF COMPETITION POLICY A SEMINAL VIEWS 1. ‘The Case of Monopolies’, (1907) 2. Adam Smith, ‘An Inquiry into the Nature and Causes of the Wealth of Nations’ 3. James Madison (1961), ‘The Federalist No. 10’ 4. Arthur T. Hadley (1887), ‘Private Monopolies and Public Rights’ 5. Richard T. Ely (1887), ‘The Future of Corporations’ 6. Alfred Marshall (1890), ‘Some Aspects of Competition: Presidential Address Delivered to the Economic Science and Statistics Section of the British Association, at Leeds, 1890’ 7. John Bates Clark (1900), ‘Trusts’ 8. Henry C. Simons (1936), ‘The Requisites of Free Competition’ B EXCESSIVE COMPETITION CONCERNS 9. Robert Liefmann (1915), ‘Monopoly or Competition as the Basis of a Government Trust Policy’ 10. Eliot Jones (1920), ‘Is Competition in Industry Ruinous’ 11. Kojiro Niino (1962), ‘The Logic of Excessive Competition - With Reference to the Japanese Inter-firm Competition’ 12. Ryutaro Komiya (1990), ‘The Japanese Economy: Trade, Industry and Government’ C THE GOALS DEBATE REDUX 13. Robert H. Bork (1966), ‘Legislative Intent and the Policy of the Sherman Act’ 14. Robert H. Lande (1989), ‘Chicago’s False Foundation: Wealth Transfers (Not Just Efficiency) Should Guide Antitrust’ 15. Richard A. Posner (1975), ‘The Social Costs of Monopoly and Regulation’ 16. William S .Comanor and Robert H. Smiley (1975), ‘Monopoly and the Distribution of Wealth’ 17. James C. Miller III, Thomas F. Walton, William E. Kovacic and Jeremy A. Rabkin (1984), ‘Industrial Policy: Reindustrialization Through Competition or Coordinated Action?’ PART 2 POLICY TOWARD RESTRICTIVE AGREEMENTS 18. (1926), ‘Against the Corn Dealers’ 19. Dr Kurt Bloch (1932), ‘On German Cartels’ 20. Ernst-Joachim Mestmäcker (1980), ‘Competition Policy and Antitrust: Some Comparative Observations’ 21. David B. Audretsch (1989), ‘Legalized Cartels in West Germany’ 22. Klaus Stegemann (1977), ‘The Exemption of Specialization Agreements: As Proposed for Stage II Amendments to the Combines Investigation Act’ 23. James P. Cairns (1964), ‘Benefits from Restrictive Agreements: The British Experience’ 24. R. W. Shaw and S. A. Shaw (1983), ‘Excess Capacity and Rationalisation in the West European Synthetic Fibres Industry’ 25. Merton J. Peck, Richard C. Levin and Akira Goto (1988), ‘Picking Losers: Public Policy Toward Declining Industries in Japan’ 26. William H. Nicholls (1949), ‘The Tobacco Case of 1946’ 27. Jesse W. Markham (1951), ‘The Nature and Significance of Price Leadership’ 28. Peter Asch and Joseph J. Seneca (1975), ‘Characteristics of Collusive Firms’ VOLUME 2 PART 1 MONOPOLIZATION AND ABUSIVE PRACTICES A DOMINANT ENTERPRISES IN THE UNITED STATES 1. Charles J. Bullock (1901), ‘Trust Literature: A Survey and A Criticism’ 2. F. M. Scherer (1987), ‘Antitrust, Efficiency and Progress’ 3. George W. Stocking and Willard F. Mueller (1955), ‘The Cellophane Case and the New Competition’ 4. Oliver E. Williamson (1972), ‘Dominant Firms and the Monopoly Problem: Market Failure Considerations’ B INTERNATIONAL PERSPECTIVES 5. Erich Kaufer (1980), ‘The Control of the Abuse of Market Power by Market-Dominant Firms Under the German Law Against Restraints of Competition’ 6. Eleanor M. Fox (1986), ‘Monopolization and Dominance in the United States and the European Community: Efficiency, Opportunity and Fairness’ 7. Richard E. Caves (1974), ‘International Trade, International Investment and Imperfect Markets’ C PREDATORY PRACTICES 8. L. G. Telser (1966), ‘Cutthroat Competition and the Long Purse’ 9. B. S. Yamey (1972), ‘Predatory Price Cutting: Notes and Comments’ 10. Malcolm R. Burns (1986), ‘Predatory Pricing and the Acquisition Cost of Competitors’ 11. Oliver E. Williamson (1977), ‘Predatory Pricing: A Strategic and Welfare Analysis’ 12. William J. Baumol (1979), ‘Quasi-Permanence of Price Reductions: A Policy for Prevention Pricing’ PART 2 MERGER POLICY 13. George J. Stigler (1950), ‘Monopoly and Oligopoly by Merger’ 14. George Bittlingmayer (1985), ‘Did Antitrust Policy Cause the Great Merger Wave?’ 15. Shaw Livermore (1935), ‘The Success of Industrial Mergers’ 16. Jürgen Müller (1976), ‘The Impact of Mergers on Concentration: A Study of Eleven West German Industries’ 17. David M.Barton and Roger Sherman (1984), ‘The Price and Profit Effects of Horizontal Merger: A Case Study’ 18. Henry G. Manne (1965), ‘Mergers and the Market for Corporate Control’ 19. Richard E. Caves (1989), ‘Mergers, Takeovers and Economic Efficiency: Foresight vs Hindsight’ 20. Oliver E. Williamson (1968), ‘Economies as an Antitrust Defense: The Welfare Tradeoffs’ 21. Alexis Jacquemin (1990), ‘Horizontal Concentration and European Merger Policy’ 22. William M.Landes and Richard A.Posner (1981), ‘Market Power in Antitrust Cases’ 23. George J. Stigler and Robert A. Sherwin (1985), ‘The Extent of the Market’ 24. U.S .Department of Justice Merger Guidelines (June 14, 1984) PART 3 THE ADMINISTRATION OF COMPETITION POLICY 25. William Breit and Kenneth G. Elzinga (1974), ‘Antitrust Enforcement and Economic Efficiency: The Uneasy Case for Treble Damages’ 26. F. M. Scherer (1990), ‘Sunlight and Sunset at the Federal Trade Commission’

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Book SynopsisIn an age of intense international competition, enterprises, regions and nations depend on their organizational capabilities to gain competitive advantage in global markets.This volume brings together critical scholarly contributions to historical and contemporary debates over the origins and characteristics of organizational capabilities that result in competitive advantage. Included are case studies drawn from textiles, chemicals, automobiles, computers and agriculture that illustrate how organizational capabilities generate sustained competitive success. In a new introduction, the editors, who have themselves been in the forefront of analysing the dynamics of innovation and industrial development, provide a state-of-the-art survey of the subject.Table of ContentsHistorical debates: contemporary debates: the dynamics of success: policy perspectives.

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Book SynopsisThe Economics of Location traces developments in location theory, the economics of space and value and spatial microeconomics from its early beginnings in the work of von Thunen to the most recent applications in modern industrial organization and international trade.Trade Review'These edited volumes will prove important additions to teaching libraries at those institutions where backruns of material are scant; offer a convenient access point to those moving into the field; and, for the specialist, they offer important reference material.' -- Kenneth Button, The Economic JournalTable of ContentsTHE ECONOMICS OF LOCATION I CONTENTS PART I LEAST COST LOCATION THEORY 1. Mark Blaug (1979), ‘The German Hegemony of Location Theory: A Puzzle in the History of Economic Thought’ 2. Benjamin H. Stevens (1967), ‘Location Theory and Programming Models: The von Thünen Case’ 3. Paul A. Samuelson (1983), ‘Thünen at Two Hundred’ 4. François Louveaux, Jacques-François Thisse and Hubert Bequin (1982), ‘Location Theory and Transportation Costs’ 5. Morris Altman (1986), ‘Resource Endowments and Location Theory in Economic History:: A Case Study of Quebec and Ontario at the Turn of the Twentieth Century’ 6. Jeffrey P. Osleeb and Robert G. Cromley (1978), ‘The Location of Plants of the Uniform Delivered Price Manufacturer: A Case Study of Coca-Cola Ltd.’ 7. Hisao Nashioka (1962), ‘A Reconsideration of the Economic Location Theory - A Note On Characteristics of the Location Theory’ 8. Donald W. Jones and John R. Krummel (1987), ‘The Location Theory of the Plantation’ 9. Jan Nowak and Hanna Romanowska (1985), ‘Locational Patterns of the Food-Processing Industry in Poland’ PART II LOCATIONAL INTERDEPENDENCE AND MARKET AREAS 10. A. P. Lerner and H. W. Singer (1967), ‘Some Notes on Duopoly and Spatial Competition’ 11. Frank A. Fetter (1924), ‘The Economic Law of Market Areas’ 12. Morris A. Copeland (1940), ‘Competing Products and Monopolistic Competition’ 13. James V. Pinto (1977), ‘Launhardt and Location Theory: Rediscovery of a Neglected Book’ 14. Melvin L. Greenhut (1952), ‘Integrating the Leading Theories of Plant Location’ 15. R. P. Oakey and S. Y. Cooper (1989), ‘High Technology Industry, Agglomeration and the Potential for Peripherally Sited Small Firms’ 16. Brian J. L. Berry and William L. Garrison (1958), ‘A Note on Central Place Theory and the Range of a Good’ 17. W. Arthur Lewis (1945), ‘Competition in Retail Trade’ 18. Melvin L. Greenhut (1952), ‘The Size and Shape of the Market Area of a Firm’ 19. August Lösch (1938), ‘The Nature of Economic Regions’ 20. John M. Hartwick (1973), ‘Lösch’s Theorem on Hexagonal Market Areas’ 21. Toshiharu Ishikawa and Masao Toda (1990), ‘Spatial Configurations, Competition and Welfare’ 22. A. de Palma, V. Ginsburgh, Y.Y. Papageorgiou and J.-F. Thisse (1985), ‘The Principle of Minimum Differentiation Holds under Sufficient Heterogeneity’ 23. Ali al-Nowaihi and George Norman (1992), ‘Spatial Competition by Quantity-Setting Firms: A Comparison of Simultaneous and Two-Stage Quantity-Location Games’ 24. Melvin L. Greenhut (1955), ‘A General Theory of Plant Location’ 25. Jacques-François Thisse (1987), ‘Location Theory, Regional Science, and Economics’ 26. Gardiner Ackley (1942), ‘Spatial Competition in a Discontinuous Market’ 27. Walter Isard (1949), ‘The General Theory of Location and Space-Economy’ 28. Chao-Cheng Mai and Hong Hwang (1992), ‘Production-Location Decision and Free Entry Oligopoly’ 29. Edward C. Prescott and Michael Visscher (1977), ‘Sequential Location Among Firms with Foresight’ 30. C. d’Aspremont, J. Jaskold Gabszewicz and J.-F. Thisse (1979), ‘On Hotelling’s “Stability in Competition”’ 31. Yeung-Nan Shieh (1990), ‘FOB Mill Pricing and Plant Location When Demand is Linear but Non-Uniform’ 32. Michael Webber and S.P.H. Foot (1988), ‘Profitability and Accumulation’ 33. Phillip J. Lederer (1994), ‘Competitive Delivered Pricing and Production’ 34. Martin J. Beckmann (1976), ‘Spatial Price Policies Revisited’ 35. Phillip J. Lederer and Arthur P. Hurter (1986), ‘Competition of Firms: Discriminatory Pricing and Location’ 36. Melvin L. Greenhut (1957), ‘Games, Capitalism and General Location Theory’ THE ECONOMICS OF LOCATION II CONTENTS PART I SPATIAL PRICING: FOB AND DISCRIMINATORY 1. Martin J. Beckmann and Charles A. Ingene (1978), ‘The Profit Equivalence of Mill and Uniform Pricing Policies’ 2. A. de Palma, M. Labbé and J. -F. Thisse (1986), ‘On the Existence of Price Equilibria Under Mill and Uniform Delivered Price Policies’ 3. Edgar M.J. Hoover Jr. (1936-37), ‘Spatial Discrimination’ 4. John G. Greenhut and M.L. Greenhut (1975), ‘Spatial Price Discrimination, Competition and Locational Effects’ 5. George Normal (1981), ‘Spatial Competition and Spatial Price Discrimination’ 6. Dennis R. Capozza and Robert Van Order (1978), ‘A Generalized Model of Spatial Competition’ 7. George Normal (1981), ‘Uniform Pricing as an Optimal Spatial Pricing Policy’ 8. Louis Phlips (1988), ‘Price Discrimination: A Survey of the Theory’ 9. Fred S. Inaba and Nancy E. Wallace (1989), ‘Spatial Price Competition and the Demand for Freight Transportation’ 10. David D. Haddock (1982), ‘Basing-Point Pricing: Competitive vs. Collusive Theories’ 11. Stephen H. Karlson (1990), ‘Competition and Cement Basing Points: F.O.B. Destination, Delivered from Where?’ 12. H. Ohta (1980), ‘Spatial Competition, Concentration and Welfare’ 13. Bruce L. Benson (1984), ‘Spatial Price Theory and an Efficient Congestion Toll Established by the Free Market’ 14. John J. Greenhut and M. L. Greenhut (1977), ‘Nonlinearity of Delivered Price Schedules and Predatory Pricing’ PART II SPATIAL PRICE THEORY 15. Paul A. Samuelson (1957), ‘Intertemporal Price Equilibrium: A Prologue to the Theory of Speculation’ 16. M.L. Greenhut (1978), ‘Impacts of Distance on Microeconomic Theory’ 17. Louis Phlips (1980), ‘Intertemporal Price Discrimination and Sticky Prices’ 18. Dennis R. Capozza and Robert Van Order (1987), ‘Spatial Competition’ 19. John G. Greenhut (1977), ‘On the Economic Advantages of Spatially Discriminatory Prices Compared with F.O.B. Prices’ 20. H. Ohta (1981), ‘The Price Effects of Spatial Competition’ 21. William L. Holahan (1975), ‘The Welfare Effects of Spatial Price Discrimination’ 22. Benjamin Hobbs (1986), ‘Mill Pricing Versus Spatial Price Discrimination Under Bertrand and Cournot Spatial Competition’ 23. Kenneth G. Elzinga and Thomas F. Hogarty (1973), ‘The Problem of Geographic Market Delineation in Antimerger Suits’ 24. Bruce L. Benson (1980), ‘Spatial Competition: Implications for Market Area Delineation in Antimerger Cases’ 25. Timothy Gronberg and Jack Meyer (1981), ‘Competitive Equilibria in Uniform Delivered Pricing Models’ 26. James W. Friedman (1971), ‘A Non-cooperative Equilibrium for Supergames’ 27. Jonathan Hamilton, Jacques-François Thisse and Anita Weskamp (1989), ‘Spatial Discrimination: Bertrand vs. Cournot in a Model of Location Choice’ 28. Jacques-François Thisse and Xavier Vives (1988), ‘On the Strategic Choice of Spatial Price Policy’ THE ECONOMICS OF LOCATION III CONTENTS PART I THE NEW ECONOMICS 1. Stephen Enke (1942), ‘Space and Value’ 2. Richard Schmalensee (1972), ‘A Note on Monopolistic Competition and Excess Capacity’ 3. Harold Demsetz (1959), ‘The Nature of Equilibrium in Monopolistic Competition’ 4. H. Ohta (1977), ‘On the Excess Capacity Controversy’ 5. Dennis R. Capozza and Robert Van Order (1980), ‘Unique Equilibria, Pure Profits, and Efficiency in Location Models’ 6. J.M.A. Gee (1976), ‘A Model of Location ad Industrial Efficiency with Free Entry’ 7. B. Curtis Eaton and Richard G. Lipsey (1977), ‘The Introduction of Space into the Neoclassical Model of Value Theory’ 8. William J. Baumol (1982), ‘Contestable Markets: An Uprising in the Theory of Industry Structure’ 9. William G. Shephard (1984), ‘“Contestability” vs. Competition’ 10. David Ulph (1983), ‘Rational Conjectures in the Theory of Oligopoly’ 11. M.L. Greenhut and W.J. Lane (1989), ‘A Theory of Oligopolistic Competition’ 12. Michael Waterson (1982), ‘Vertical Integration, Variable Proportions and Oligopoly’ 13. H. Ohta (1976), ‘On Efficiency of Production Under Conditions of Imperfect Competition’ 14. M.L. Greenhut and H. Ohta (1979), ‘Vertical Integration of Successive Oliogopolists’ PART II SPATIAL FRAMEWORK ANALOGUES 15. François Perroux (1950), ‘Economic Space: Theory and Applications’ 16. Edward H. Chamberlin (1953), ‘The Product as an Economic Variable’ 17. D. Neven (1986), ‘“Address” Models of Differentiation’ 18. William Novshek (1980), ‘Equilibrium in Simple Spatial (or Differentiated Product) Models’ 19. Avinar Dixit and Joseph E. Stiglitz (1977), ‘Monopolistic Competition and Optimum Product Diversity’ 20. George Norman (1989), ‘Monopolistic Competition: Some Extensions from Spatial Competition’ 21. Louis Phlips and Jacques-François Thisse (1982), ‘Spatial Competition and the Theory of Differentiated Markets: An Introduction’ 22. Richard K. Anderson, Donald House and Michael B. Ormiston (1981), ‘A Theory of Physician Behavior With Supplier-Induced Demand’ 23. M.L. Greenhut, C.S. Hung, G. Norman and C.W. Smithson (1985), ‘An Anomaly in the Service Industry: The Effect of Entry on Fees’ 24. Michael L. Walden (1990), ‘Testing Implications of Spatial Economics Models: Some Evidence from Food Retailing’ 25. John J. Greenhut and Melvin L. Greenhut (1992), ‘Alternative Uses of Spatial Microeconomics’ 26. A. S. De Vany and T. R. Saving (1977), ‘Product Quality, Uncertainty, and Regulation: The Trucking Industry’ PART III THE LAND MARKET, INTERNATIONAL TRADE AND MULTINATIONALS 27. Harry W. Richardson (1977), ‘A Generalization of Residential Location Theory’ 28. J.H. Love (1989), ‘External Takeover and Regional Economic Development: A Survey and Critique’ 29. Patsy Healey and Susan M. Barrett (1990), ‘Structure and Agency in Land and Property Development Processes: Some Ideas for Research’ 30. M.L. Greenhut (1967), ‘Interregional Programming and the Demand Factor of Location’ 31. Robert B. Ekelund Jr. and Donald L. Hooks (1972), ‘Joint Demand, Discriminating Two-Part Tariffs and Location Theory: An Early American Contribution’ 32. James A. Brander (1981), ‘Intra-Industry Trade in Identical Commodities’ 33. Thomas Horst (1971), ‘The Theory of the Multinational Firm: Optimal Behavior under Different Tariff and Tax Rates’ 34. Peter J. Buckley and Mark Casson (1981), ‘The Optimal Timing of a Foreign Direct Investment’ 35. Ignatius J. Horstmann and James R Markusen (1987), ‘Strategic Investments and the Development of Multinationals’ 36. Alasdair Smith (1987), ‘Strategic Investment, Multinational Corporations and Trade Policy’ 37. S. I. Abumere (1978), ‘Multinationals, Location Theory and Regional Development: Case Study of Bendel State of Nigeria’ 38. M.L. Greenhut, H. Ohta and Joel Sailor (1985), ‘Reverse Dumping: A Form of Spatial Price Discrimination’ 39. Paul Krugman (1991), ‘Increasing Returns and Economic Geography’

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Book SynopsisThis collection of Malcolm Sawyer's essays develops the post Keynesian analyses of unemployment, imperfect competition and macroeconomics. This important volume focuses on the causes of unemployment, a central concern of contemporary post Keynesian economics whose origins can be dated from the response to the high levels of unemployment during the 1930s. After explaining why conventional economic analysis cannot properly comprehend the phenomenon of unemployment, Professor Sawyer's book explores the relationship between demand-side and supply-side causes and argues for the relevance of both for the analysis of unemployment. Other issues discussed include the relationship between macroeconomics and imperfect competition, the post Keynesian approach to pricing and post Keynesian perspectives on industrial economics.Unemployment, Imperfect Competition and Macroeconomics, critically but sympathetically, evaluates and extends the contribution of post Keynesian analysis, and discusses the problems which those analyses face. Bringing together contributions from a major scholar working in this field, the book will be welcomed by all those interested in the post Keynesian approach and the contributions it can make to economic analysis.Trade Review'A first-class collection of essays from a noted scholar in this field, which develops the post Keynesian analyses of these topics.' -- Aslib Book Guide'These essays provide an informed view of the state of post Keynesian economics.' -- G.R. Steele, International Journal of Manpower'Malcolm Sawyer is the second sort of economist par excellence. Industrious, humane, lucid, he gets on with the job without any fuss at all. . . . Those who wish to know how modern economies actually work, especially with regard to pricing, distribution and unemployment, and who most contributed in realistic ways to our understanding, need go no further than, Unemployment, Imperfect Competition and Macroeconomics. It is a model of relevance, clarity, generosity to others and basic human decency.' -- G.C. Harcourt, The Manchester SchoolTable of ContentsContents: 1. Introduction 2. Unemployment and the Dismal Science 3. Post Keynesian Macroeconomics: A Survey 4. Post Keynesian Economics: the State of the Art 5. Conflict and Aggregate Demand in Post Keynesian Economics: the Problem of Over-Determinacy 6. The Relationship Between Imperfect Competition and Macroeconomic Analysis 7. On the Relationship Between Keynes’s Macroeconomic Analysis and theories of imperfect Competition 8. On the Origins of Post Keynesian Pricing Theory and Macroeconomics 9. Post Keynesian Analysis and Industrial Economics 10. Prices, Pricing, Capacity Utilisation and Unemployment in the Post Keynesian Traditions Index

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Book SynopsisIn recent years a growing number of social scientists have become increasingly interested in the study of location problems. This interest has been fostered by the integration of national economies within broader spaces such as the EU or NAFTA as well as by their impact on the development of regions and cities. Another important reason for this attention is the growing awareness among economists that a comprehensive economic theory can no longer put space aside. Most economic activities are distributed over space, and for such activities space moulds the very nature of competition between firms. This major collection of classic articles demonstrates the important contribution of location theory and will be an essential source of reference for students or researchers of modern regional science or economic theory.Trade Review’This comprehensive collection brings together the classic articles in the field and is an essential source of reference for those engaged in the study and research of modern regional science.’- Public Administration, Development, and EnvironmentTable of ContentsVolume I The location theory of the firm - continuous location models, network location models; household location and land use - the location of households and residential equilibrium, land use models; spatial competition and central places theories - location models of spatial competition, location models of central places. Volume II General equlibrium in space - interregional and intercity trade models, general equilibrium models of location with land; the spatial organization of public services - the location of public facilities, local public goods and land capitalization; operational models of location.

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Book SynopsisClassical location theory is extended from its least cost approach to a maximum profit framework in this outstanding collection of Melvin L. Greenhut's key essays. This extension of classical location theory changes the analysis used in location economics from that of pure competition to oligopolistic competition. Using the analysis which is developed in this volume, locational interdependencies and, in turn, industrial location are shown to be affected by, diverse factors, including among others, marginal cost curves, demand curves and the number of firms in the market. Employing empirical findings to relate theory to practice, the author establishes a general theory via which he investigates and resolves specific issues and problems.These essays make a major contribution by enabling the reader to appreciate the important developments that have taken place over recent years in location economics. Location Economics and its companion volume, Spatial Microeconomics, will be welcomed by students, teachers and practitioners of economics for improving access to Professor Greenhut's many important essays and papers.Trade Review’These volumes are essential reference tools in understanding the evolution of locational and spatial economics since WW2, and are technically accessible to specialist graduate students of location economics.’ -- Graham Crampton, The Economic JournalTable of ContentsContents: Introduction Part I: The Philosophical Framework Part II: Old and New Location Economics Part III: Applications of Location Economics Index

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Book SynopsisMicroeconomic Theories of Imperfect Competition: Old Problems and New Perspectives is an authoritative collection of readings which, together with a new, original introductory essay by the editors, provides a broad overview of the major theoretical concepts in the field.This collection includes published papers on industry size: quantity and price competition, entry barriers, product differentiation, incomplete information, general equilibrium with imperfect competition.This book will be essential reading both for those seeking an introduction to the subject and those seeking a new perspective.Table of ContentsContents: Acknowledgements • Introduction Part I: Industry Size: Quantity and Price Competition 1. Augustin Cournot (1960), ‘Of the Competition of Producers’ 2. M. McManus (1962), ‘Numbers and Size in Cournot Oligopoly’ 3. Charles R. Frank, Jr. (1965), ‘Entry in a Cournot Market’ 4. William Novshek (1980), ‘Cournot Equilibrium with Free Entry’ 5. F.Y. Edgeworth (1925), ‘The Pure Theory of Monopoly’ 6. Eric Maskin and Jean Tirole (1988), ‘A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles’ 7. David M. Kreps and José A. Scheinkman (1983), ‘Quantity precommitment and Bertrand competition yield Cournot outcomes’ 8. Jean-Pascal Benassy (1986), ‘On the Existence of Bertrand-Edgeworth Equilibria with Differentiated Commodities’ 9. D.K. Osborne (1976), ‘Cartel Problems’ 10. James W. Friedman (1971), ‘A Non-cooperative Equilibrium for Supergames’ 11. George J. Stigler (1964), ‘A Theory of Oligopoly’ 12. Jesse W. Markham (1951), ‘The Nature and Significance of Price Leadership’ Part II: Entry Barriers 13. Joe S. Bain (1956/1965), ‘The Importance of the Condition of Entry’ 14. William J. Baumol (1982), ‘Contestable Markets: An Uprising in the Theory of Industry Structure’ 15. Franco Modigliani (1958), ‘New Developments on the Oligopoly Front’ 16. Darius W. Gaskins, Jr. (1971), ‘Dynamic Limit Pricing: Optimal Pricing under Threat of Entry’ 17. J.W. Friedman (1979), ‘On Entry Preventing Behavior and Limit Price Models of Entry’ 18. Avinash Dixit (1980), ‘The Role of Investment in Entry-Deterrence’ 19. B. Curtis Eaton and Richard G. Lipsey (1980), ‘Exit barriers are entry barriers: the durability of capital as a barrier to entry’ 20. Drew Fudenberg and Jean Tirole (1984), ‘The Fat-Cat Effect, The Puppy-Dog Ploy, and the Lean and Hungry Look’ 21. Edward C. Prescott and Michael Visscher (1977), ‘Sequential location among firms with foresight’ Part III: Product Differentation 22. Edward H. Chamberlin (1953), ‘The product as an economic variable’ 23. E.H. Chamberlin (1933), ‘Group Equilibrium’ 24. Avinash K. Dixit and Joseph E. Stiglitz (1977), ‘Monopolistic Competition and Optimal Product Diversity’ 25. Nicholas Kaldor (1935), ‘Market Imperfection and Excess Capacity’ 26. Martin J. Beckmann (1972), ‘Spatial Cournot Oligopoly’ 27. Harold Hotelling (1929), ‘Stability in Competition’ 28. A. de Palma, V. Ginsburgh, Y.Y. Papageorgiou, and J.-F. Thisse (1985), ‘The Principle of Minimum Differentiation Holds under Sufficient Heterogeneity’ 29. J. Jaskold Gabszewicz and J.-F. Thisse (1980), ‘Entry (and Exit) in a Differentiated Industry’ 30. Avner Shaked and John Sutton (1983), ‘Natural Oligopolies’ Part IV: Incomplete Information 31. Peter A. Diamond (1971), ‘A Model of Price Adjustment’ 32. Steven Salop and Joseph Stiglitz (1977), ‘Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion’ 33. Edward J. Green and Robert H. Porter (1984), ‘Noncooperative Collusion under Imperfect Price Information’ 34. Reinhard Selten (1978), ‘The Chain Store Paradox’ 35. David M. Kreps and Robert Wilson (1982), ‘Reputation and Imperfect Information’ 36. Paul Milgrom and John Roberts (1982), ‘Limit Pricing and Entry under Incomplete Information: An Equilibrium Analysis’ 37. Jean-Pierre Ponssard (1979), ‘The Strategic Role of Information on the Demand Function in an Oligopolistic Market’ 38. Xavier Vives (1984), ‘Duopoly Information Equilibrium: Cournot and Bertrand’ Part V: General Equilibrium with Imperfect Competition 39. Benyamin Shitovitz (1973), ‘Oligopoly in Markets with a Continuum of Traders’ 40. Jean Jaskold Gabszewicz and Jean-François Mertens (1971), ‘An Equivalence Theorem for the Core of an Economy whose Atoms are not “too” big’ 41. Takashi Negishi (1961), ‘Monopolistic Competition and General Equilibrium’ 42. Jean Jaskold Gabszewicz and Jean-Philippe Vial (1972), ‘Oligopoly “A la Cournot” in a General Equilibrium Analysis’ 43. Jean-Pascal Benassy (1988), ‘The Objective Demand Curve in General Equilibrium with Price Makers’ 44. Oliver D. Hart (1979), ‘Monopolistic Competition in a Large Economy with Differentiated Commodities’ Name Index

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Book SynopsisTrade and investment liberalization in the Pacific has highlighted the importance of structural competitiveness for both corporate executives and national policymakers. In Structural Competitiveness in the Pacific, a distinguished group of authors contributes to our understanding of patterns of structural competitiveness affecting trade and production links between East Asia and North America. Interaction between national policies and corporate strategies has given East Asian states clear advantages over North American competitors. The place of the Pacific in the world economy, infrastructures and financial structures in the region, American and Japanese structural competitiveness, sourcing by Japanese and American multinationals in the Pacific, as well as structural interdependencies and the potential for collective management across the region are all addressed in this volume.Unlike previous comparative work addressing the decline in American competitiveness, Structural Competitiveness in the Pacific takes into account the significance of transnational production by international firms and places US problems in a regional comparative context which includes Japan and the industrializing East Asian states.Trade Review'. . . the book contributes to the current literature and has stimulated discussion in the area of structural competitiveness. On the basis of its relevance and timely information, I highly recommend this work to the academic community, practicioners, and policy makers.' -- Syed Tariq Anwar, West Texas A&M University, USTable of ContentsContents: Preface 1. The Pacific in the World Economy (D.Crone) 2. Pacific Infrastructures (R.J. Lévesque and G.K. Sletmo) 3. Pacific Financial Systems (J.C. Dodds) 4. Structural Competitiveness and Complementarity (G. Boyd) 5. America’s Structural Competitiveness (M.J. Blaine) 6. Japan’s Structural Competitiveness (G. Boyd) 7. Global Sourcing Strategy in the Pacific: American and Japanese Multinational Companies (M. Kotabe) 8. ASEAN: Problems of Structural Competitiveness (D. Unger) 9. Structural interdependencies in the Pacific (G. Boyd) 10. Pacific Collective Management Potentials (G. Boyd) Index

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Book SynopsisCan industrial, trade and competition policies complement one another? In this major volume, a distinguished group of researchers and policymakers systematically investigates the relationships between the microeconomic policies of competition, trade and industry within the European Union. After an introductory chapter contrasting the optimal mix of targets and instruments with the effective use and interaction of policies that can be observed in the real world, the book addresses the experience of the EU, its institutional framework and the evolving use of instruments. The convergence and divergence of economic prescription and application are revealed through an outstanding set of case studies which focus on the automobile, chemical fibre, steel, telecommunication and pharmaceutical industries. Competition, trade and industrial policies play a central role in the efficiency of any market economy and the rich European experience offers valuable lessons for economists, regulators and policy makers from both inside and outside the union.European Policies on Competition, Trade and Industry offers an authoritative discussion of policy making and enforcement in the EU. The strong combination of analysis with detailed case studies and overviews will ensure that this book will make a pioneering contribution to understanding the development of microeconomic policies in the Union.Trade Review'The book as a whole, although resulting from a conference, is a coherent and valuable study, which throws much light on the policies and practices of the institutions of the European Community.'Table of ContentsPart I A law and economics overview: the three common policies - an economic analysis, Jordi Gual; the working of EC policies on competition, industry and trade - a legal analysis, Jacques Bourgeois and Paul Demaret. Part II Case studies: automobile, Peter Holmes and Alasdair Smith; the chemical fibres industry, Elisabeth de Ghellinck and Christian Huveneers; steel industry, Michael Glais; telecommunication services, Dominique Foray et al; pharmaceuticals, Gernot Klepper.

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Book SynopsisThe decentralization of economic institutions in the West since the 1970s and in Eastern and Central Europe since 1989 is a significant and ongoing process which has implications for the nature of economic systems.This major new book explores the importance of institutions in economic systems and challenges the traditional assumption of antagonism between tendencies to centralize and tendencies to decentralize. An international group of authors from Europe and the US addresses different aspects of the centralization-decentralization issues including privatization, fiscal federalism, the recent experience of Russia and Eastern Europe, and the role of quasi-markets and non-profit organizations. Drawing on theoretical approaches and empirical material, they argue that the real achievement of efficiency requires the presence of certain key criteria in the structure of the market. Every move towards decentralization, such as privatization, is shown to entail counter-balancing moves towards centralization, such as the introduction of improved, central regulation.Economic Institutions, Markets and Competition will be welcomed for exploring the implications of centralization and decentralization in the transformation of economic systems and for emphasizing market structure as well as market competition.Trade Review'The wide array of topics should assure that even those with only a mild interest in institutional analysis or the transition economies will find many pages in this work to occupy their interest.' -- David Schap, Southern Economic Journal'This is an interesting book, which stimulates discussion.'– Klaus Schabacker, The Economic JournalTable of ContentsContents: 1. The State and the Firm: The Centralization and Decentralization of Economic Institutions: an introduction (B. Dallago, L. Mittone) Part I: Institutions and Markets 2. “Creative Destruction” in Economic and Political Institutions (M. Egidi) 3. Decentralization as Ability to Adapt (J. Birner) 4. What Type of Capitalism is Produced by Privatization? (H.-J. Wagener) 5. The Market for Institutions Versus the Strong Hand of the State: The Case of Eastern Europe (S. Pejovich) Part II: Centralization and Decentralization, Paradigms and Facts 6. A Presentation of Fiscal Federalism (G. Brosio) 7. Fiscal Federalism in Russia (P. Sutela) 8. Privatization, Decentralization, Competition: Some Lessons from a Concentration Analysis of Hungarian Industries (Z. Bara) 9. Labour Market and Employment Policy in Central and Eastern Europe in the Context of Systemic Change (J. Koltay) Part III: Creation and Development of Markets in Eastern Europe 10. Behavioural Constraints and the Creation of Markets in Post-Socialist Economies (W. Swaan) 11. Decentralization and Centralization in the Enterprise Sphere of the Czech Republic (J. Sereghyová) 12. The Collapse of the Russian Economy: An Institutional Explanation (R. Knaack) 13. The Revival of Redistribution in Hungary (E. Voszka) 14. Inter-enterprise Arrears in Economies in Transition: Analytical, Empirical and Policy Issues (F. Coricelli) Part IV: The Quasi-Market Formula 15. The Privatization of Welfare Services and the Role of Non-Profit Organziations (C. Borzaga) 16. Quasi- Markets and Incomplete Information: The Case of Medical Services in the UK and Italy (L. Mittone) 17. Privatization, Non-profit Trusts and Contracts for Healthcare Services in the UK (W. Bartlett) Index

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Book SynopsisPolitics, Subsidies and Competition focuses on the interplay of political, economic and institutional-legal factors in the formation of European competition policy, with particular emphasis on European Union control of national subsidies. This book demonstrates the increasing significance of the EU in the management of European economies. It argues that state subsidization is the only remaining effective form of state intervention because, in the integrated European market, state aid - ranging from investment and export aid to special tax concessions - has become the only instrument that can be used to favour and protect national industries. This makes the control of state subsidization more important than ever, and the European Community's attempts to increase this control since the mid-1970s tell an intriguing story of fierce intergovernmental bargaining, business lobbying and increasingly assertive EC/EU institutions. The argument is supported by evidence of the evolution of European policy and by case studies of sectoral aid regimes and their transformation in interaction with EU policy.This book will be of use to students and scholars of the economics and politics of Western Europe and regional and public policy.Trade Review'Lavdas and Mendrinou ought to be congratulated for making such a juicy political analysis of the important field of competition policy in the European Union.' -- Juan M. Delgado-Moreira, European SocietiesTable of ContentsContents: Preface and Acknowledgements 1. Introduction 2. A Story of Restrained Formation and Expansive Enforcement 3. Institutional Framework and Legal Instruments 4. Horizontal and Sectoral Aid Regimes: Cases and Policy Trends 5. The European Politics of State Intervention References Index

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Book SynopsisThis book presents critical surveys of literature from behavioural and evolutionary economics, management, marketing and business history and offers new empirical evidence involving both case studies and behavioural research. Particular attention is given to transaction cost and resource-based perspectives on business organization. The book concludes by discussing the emerging 'growth of knowledge' and 'management without trade-offs' approaches to the firm.Taken together, the inter-related chapters in this book make a significant contribution by promoting and assisting research and teaching on how managers cope with competitive pressures in the present climate of rapid technological change, shifting patterns of corporate alliances, continual restructuring and re-ranking of relative competitive strengths, and rising environmental expectations.Management, Marketing and the Competitive Process will be particularly useful for courses on business strategy, managerial and industrial economics, and marketing.Trade Review'. . . it does provide an excellent accessible reference for both researchers and students wishing to expand their knowledge beyond traditional subject lines. . . . a readable and thought-provoking addition to the literature.'Table of ContentsContents: Introduction 2. Evolutionary Processes and Revolutionary Change in Firms and Markets 3. Industrial Structure, Rivalry and Innovation 4. Theoretical Perspectives on Strategic Alliance Formation 5. Organization and Change at Du Pont 1902–1980 6. Business History 7. Contracts, Coordination, and the Construction Industry 8. Models of Marketing Channel Coordination in the Food Industry 9. The Price of the Symbol 10. Pricing Concepts for Marketing 11. A Behavioural Perspective on Business Pricing 12. Is Differentation Optional? 13. Strategic Management as an Emergent Research Programme 14. ‘Growth of knowledge’ Perspectives on Business Behaviour 15. Meta-theory, Hyper-strategy and Ultra-games Bibliography Index

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Book SynopsisCompetition and Economic Integration in Europe explores the relationship between competition policy and economic integration in the enlarging European Union. It contains valuable contributions from academics and officials from inside and outside the European Union as well as offering a transatlantic perspective on the enabling effect of competition policy on deepening European integration.This book examines the importance of competition policy in the Europe Agreements signed with the Central and East European countries, whilst emphasizing that agreement on the adoption of competition rules is just one element in the complex process of accession to the European Union. The book argues that harmonization of competition policy along EU lines across the wider Europe is necessary to create a culture of competition among the European partner countries. The contributors examine the actual and potential roles of competition policy as a regulator of cross-border flows, an agent for the removal of trade barriers and as one of a number of measures to enable a move towards free trade. Competition policy is also advocated as a framework for business behaviour, in order to eradicate 'unfair' competition and as a foundation for the privatization programmes of governments. The book concludes with a postscript linking the argument of the book with the European Commission's Agenda 2000 report of July 1997.This book will prove invaluable to academics and students in the field of transition economics, the economics of the European Union, comparative institutions and industrial policy.Trade Review'The volume has raised wide-ranging questions relating to integration and transition of controlled economies to market economies. Most of these experiences are useful for countries with bulging fiscal deficit and struggling hard to bring in efficiency in public expenditure. . . . The volume will no doubt be useful for policymakers and researchers of countries in transition.' -- Pradosh Nath, Journal of Scientific and Industrial ResearchTable of ContentsContents: 1. Competition Policy for Central and Eastern Europe: The Challenge of the Europe Agreements (S. Estrin and P. Holmes) 2. The Central European Countries and the European Union’s Waiting Room: Why Must they Adopt the EU’s Competition Law? (E.M. Fox) 3. Central and East European Countries’ Approximation of Legislation in the Competition Field: If, Why and How? (T. Jakob) 4. EU Competition policy Without Membership: Lessons from the European Economic Area (E. Smith) 5. The Full Potential of the Europe Agreement: Private Positive Comity, Direct Effect and New Balancing within Public Interest Clauses (G. Marceau) 6. Competition Policy as a Framework for Privatization: The Case of Greece (M. Frangakis) 7. Greek Legislation on Competition policy and its Implementation (N.C. Baltas) 8. Central Issues of Hungarian Competition Policy in the Light of Association with the European Union (F. Vissi) 9. Implementing Competition Policy in Poland: Transition and the European Integration Context (J. Saryusz-Wolski) 10. Approximating Czech Competition Law and the European Union Law: Advantages and Disadvantages (S. Matzchova) 11. Some Aspects of Relations between the European Union and Slovakia (E. Jurzyca) 12. Choices in Transition: The Contract State and Direct Service in Local Government Expenditure (S. Szymanski) Index

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Book SynopsisThis comprehensive two volume collection is designed to introduce the reader to the systems of innovation literature. This is the first time that one major reference collection brings together some of the best known and most provocative literature from a variety of different perspectives, such as national, sectoral and regional systems of innovation. Classics such as the seminal papers by Schumpeter and List as well as modern authors are included, and the collection focuses on issues of economic growth, competitiveness and employment. Systems of Innovation will be essential reading for researchers and practitioners and will be an invaluable source of reference for use in innovation courses at university level.Trade Review'. . . these two big volumes achieve to demonstrate that there is a strong interest in using a system approach in order to study the mechanisms of innovation, of building capabilities and of economic growth.'Table of ContentsContents: Volume I: Acknowledgements • Introduction Part I An Introduction to Systems of Innovation 1. Charles Edquist (1997), ‘Systems of Innovation Approaches – Their Emergence and Characteristics’ Part II National Systems of Innovation 2. Chris Freeman (1995), ‘The “National System of Innovation” in Historical Perspective’ 3. Bengt-Åke Lundvall (1992), ‘Introduction’ 4. Parimal Patel and Keith Pavitt (1994), ‘National Innovation Systems: Why They are Important, and How They Might be Measured and Compared’ 5. Jorge Niosi, Paolo Saviotti, Bertrand Bellon and Michael Crow (1993), ‘National Systems of Innovation: In Search of a Workable Concept’ Part III Regional Systems of Innovation 6. Michael Storper (1995), ‘The Resurgence of Regional Economies, Ten Years Later: The Region as a Nexus of Untraded Interdependencies’ 7. Philip Cooke, Mikel Gomez Uranga and Goio Etxebarria (1997), ‘Regional Innovation Systems: Institutional and Organisational Dimensions’ 8. Alfred Marshall (1947), ‘Industrial Organization, Continued. The Concentration of Specialized Industries in Particular Localities’ 9. Anders Malmberg and Peter Maskell (1997), ‘Towards an Explanation of Regional Specialization and Industry Agglomeration’ 10. Anna Lee Saxenian (1996), ‘Inside-Out: Regional Networks and Industrial Adaptation in Silicon Valley and Route 128’ Part IV Sectoral and Technological Systems 11. B. Carlsson and R. Stankiewicz (1991), ‘On the Nature, Function and Composition of Technological Systems’ 12. Erik Dahmén (1988), ‘“Development Blocks” in Industrial Economics’ 13. Stefano Breschi and Franco Malerba (1997), ‘Sectoral Innovation Systems: Technological Regimes, Schumpeterian Dynamics, and Spatial Boundaries’ 14. Richard R. Nelson (1996), ‘The Evolution of Comparative or Competitive Advantage: A Preliminary Report on a Study’ 15. Michael E. Porter (1998), ‘Clusters and the New Economics of Competition’ 16. William Lazonick (1993), ‘Industry Clusters versus Global Webs: Organizational Capabilities in the American Economy’ 17. Jan Fagerberg (1995), ‘User-Producer Interaction, Learning and Comparative Advantage’ Part V Case Studies of Systems of Innovation 18. Richard R. Nelson (1992), ‘National Innovation Systems: A Retrospective on a Study’ 19. Linsu Kim (1993), ‘National System of Industrial Innovation: Dynamics of Capability Building in Korea’ 20. Ludovico Alcorta and Wilson Peres (1998), ‘Innovation Systems and Technological Specialization in Latin America and the Caribbean’ 21. Susan Bartholomew (1997), ‘National Systems of Biotechnology Innovation: Complex Interdependence in the Global System’ 22. Bo Carlsson (1995), ‘The Technological System for Factory Automation: An International Comparison’ Name Index Volume II: Part I Interactive Learning and Networks of Innovation 1. Stephen J. Kline and Nathan Rosenberg (1986), ‘An Overview of Innovation’ 2. Chris DeBresson and Fernand Amesse (1991), ‘Networks of Innovators: A Review and Introduction to the Issue’ 3. Bengt-Åke Lundvall (1988), ‘Innovation as an Interactive Process: From User-Producer Interaction to the National Systems of Innovation’ Part II Evolutionary Theories of Innovation 4. Joseph A. Schumpeter (1979/1976), ‘The Process of Creative Destruction’ 5. Richard R. Nelson and Sidney G. Winter (1977), ‘In Search of a Useful Theory of Innovation’ 6. Giovanni Dosi (1988), ‘The Nature of the Innovative Process’ 7. Maureen McKelvey (1997), ‘Using Evolutionary Theory to Define Systems of Innovation’ Part III Institutional Theories 8. Charles Edquist and Björn Johnson (1997), ‘Institutions and Organisations in Systems of Innovation’ 9. John Zysman (1994), ‘How Institutions Create Historically Rooted Trajectories of Growth’ 10. Friedrich List (1885), ‘The National Division of Commercial Operations and the Confederation of the National Productive Forces’ 11. Nathan Rosenberg (1960), ‘Some Institutional Aspects of the Wealth of Nations’ Part IV Innovations, Growth and Employment 12. Moses Abramovitz (1989), ‘The Proximate Sources of Growth’, ‘The Search for Deeper Causes: Technological Effort as Investment’, ‘The Search for Deeper Causes: National and Historical Determinants’ and ‘Longer Thoughts about Long-term Growth’ 13. Birgitte Gregersen and Björn Johnson (1998), ‘How do Innovations Affect Economic Growth? Some Different Approaches in Economics’ 14. Richard R. Nelson (1990), ‘Capitalism as an Engine of Progress’ 15. Charles Edquist, Leif Hommen and Maureen McKelvey (1998), ‘Product Versus Process Innovation: Implications for Employment’ Part V Dynamics of Government Policy and Firm Strategy 16. J.S. Metcalfe (1997), ‘Science Policy and Technology Policy in a Competitive Economy’ 17. Richard G. Lipsey and Kenneth Carlaw (1998), ‘Technology Policy: Basic Concepts’ 18. Maureen McKelvey and François Texier (2000), ‘Surviving Technological Discontinuities through Evolutionary Systems of Innovation: Ericsson and Mobile Telecommunication’ 19. Bo Carlsson and Staffan Jacobsson (1997), ‘Diversity Creation and Technological Systems: A Technology Policy Perspective’ 20. Michael Borrus and Jay Stowsky (1998), ‘Technology Policy and Economic Growth’ 21. Charles Edquist, Leif Hommen, Björn Johnson, Tarmo Lemola, Franco Malerba, Thomas Reiss and Keith Smith (1998), ‘The Systems of Innovation Approach and its General Policy Implications’ and ‘Specific Policy Implications of ISE and its Sub-projects’ Name Index

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Book SynopsisThis book investigates monopoly policy in the UK from 1973-1995 using all of the monopoly cases which the Monopolies and Mergers Commission (MMC) reported on during this period. It provides a rigorous analysis of 14 detailed case studies, and focuses specifically on those cases where the MMC sought to introduce change through price controls, termination of anti-competitive practices or divestment. It assesses how effective such measures have been in combating problems such as monopoly pricing, collusion, predatory and discriminatory pricing and different forms of vertical restraint. From the evidence, the authors discuss the strengths and weaknesses of current policy and examine the scope for reform.This book will be of interest to students and researchers interested in competition policy, industrial organisation, the British economy and business strategy.Trade Review'The main strength of the book is in its innovative structure and also in methodology. In addition to the arguments provided in the book the case study approach helps raising many intricate issues relating to market structure and behaviour of firms. Many of these issues have important theoretical implications and would have been lost in the maze of econometric approach. The theoretical discussions on monopoly types preceding case studies are helpful in understanding the cases. The book will be useful to the policymakers and students of market structure and market control.'Table of ContentsContents: 1. Introduction Part I: An Overview 2. Review of UK Competition Policy in General 3. MMC Investigations of Monopoly 4. Methodology and Selection of Case Studies Part II: The Case Studies 5. Monopoly Pricing and Price Leadership 6. Collusive Practices 7. Predatory Pricing 8. Vertical Restraints Part III: Conclusions 9. An Overall Assessment of the Effectiveness of Policy 10. The Case for Reform Appendix

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