This book is about how economics, politics, culture and history together have shaped the environment in which business activities unfold in Russian Federation today, and the tradeoffs and dilemmas the government had to face as well as the newest market problems, in which 30 wholesale markets in...

The aim of this study is to investigate how network effects affect the quality and price decisions of firms in a vertically differentiated market. As network effects increase, high-quality producers tend to raise quality while low-quality producers lower it. The degree of product differentiation...