The characterisation of the Western city through binary classifications seems increasingly inappropriate, first, because cultural fusions produce 'thirdspaces' which can only be captured in a more complex spatial language and, secondly, because a thirdspace politics is needed to resist the...

This paper covers the activities of the Economic Analysis Group (EAG), during 2003–2004. It describes the economic analysis undertaken by EAG in several important investigations, litigations, and administrative and appellate matters. Copyright Kluwer Academic Publishers 2004

In models of a multiproduct firm with increasing returns to scale, prices are not set equal to marginal costs. Ramsey prices, which are inversely proportional to the elasticity of demand when demands are independent, are usually used in this situation. An analogous pricing system has been...

A regulatory incentive mechanism is presented in which the regulated firm has superior information about both cost and demand, compared to the regulator. The mechanism leads to truthful revelation of the demand function and extracts all rents due to private demand information in a nondistorting...