We employ probit models to study the predictability of recession periods in Finland using a set of commonly used variables based on previous literature. The findings point out that individual predictors, including the term spread and the real housing prices from the capital area, are useful...

Tutkimus koostuu neljästä osasta, jotka käsittelevät vapaaehtoista eläkevakuutusta. Ensimmäinen näistä on kirjallisuuskatsaus eläkevakuutusten, säästämisen ja verotuksen vuorovaikutukseen. Toisessa osassa analysoidaan kilpailua pitkäaikaisen säästämisen markkinoilla vapaaehtoisen...

Indirect analysis of market power requires market delineation. Procedures in competition case law can be biased, as sample of market participants is typically biased or wrong one for analysis of market boundaries. Market delination can then be biased to too narrow markets, thus finding too much...

I analyze coordination of Free/Open Source Software (F/OSS) projects. Costs of waiting for F/OSS program to be released are borne by all agents until enough modules have been produced. Trade-off between producing a F/OSS module and freeriding is analyzed as a game of war of attrition, in which...

Recent court rulings, e.g., in the Gencor and Airtours cases, seem to indicate that the legal concept of joint dominance in oligopolistic markets is equivalent to the economic concept of collusion. This paper argues that the enlargement of the dominance concept to also include oligopolistic...