Diese Arbeit untersucht die Beziehung zwischen 'sInvestitionsschutzrecht' und 'snachhaltiger Entwicklung'. Genauer gesagt stellt diese Arbeit drei Fragen und braucht das konzeptionelle Gebilde der modernen Ökonomie, um sie zu beantworten. Erstens fragt diese Arbeit, ob das heutige...

As diversity can affect the perceived legitimacy of a state’s dispute resolution system and the quality of judicial decisions, diversity levels in the national bench and bar have been an area of transnational concern. By contrast, little is known about diversity of adjudicators and counsel in...

We examine the effects of market structure and the internal organization of firms on equilibrium R&D projects. We compare a monopolist’s choice of R&D portfolio to that of a welfare maximizer. We next show that Sah and Stiglitz’s finding that the market portfolio of R&D is...

We examine the effects of market structure and the internal organization of firms on equilibrium R&D projects. We compare a monopolist’s choice of R&D portfolio to that of a welfare maximizer. We next show that Sah and Stiglitz’s finding that the market portfolio of R&D is...

Professor Michael Katz presented Sender or Receiver: Who should pay to Exchange an Electronic Messages? at an ISCR seminar in February 2005.

Copies of slides/presentations from course held 25 and 26 January on Industrial Organisation and Competition Policy prepared for NZ Government Officials. Downloadable documents in order: Network Economics Michael Katz The Appropriate Objective of Competition Policy Michael Katz Recent...

The Microsoft antitrust case focused public attention on the role of antitrust enforcement in preserving the forces of innovation in high-technology markets. Traditionally, regulators focused on whether companies artificially hiked prices or reduced output. Now, they're increasingly likely to...

We consider innovation incentives in markets where final goods comprise two strictly complementary components, one of which is monopolized. We focus on the case in which the complementary component is competitively supplied, and in which innovation is important. We explore ways in which the...

Firms undertake a variety of actions to reduce risk through diversification, including entering diverse lines of business, taking on project partners, and maintaining portfolios of risky projects such as R&D or natural resource exploration. By a well-known argument, securities holders do not...

We explore the logic of predation and rules designed to prevent it in markets subject to network effects. Although, as many have informally argued, predatory behavior is plausibly more likely to succeed in such markets, we find that it is particularly hard to intervene in network markets in ways...