The paper is concerned with the impact of market research prior to integration with European Union (EU) on the structures of noncompetitive industries in integrated economy. The analysis focuses on monopolistic markets with stochastic demand. Firms are considered in dynamic multiperiod model,...

The paper examines the application of the concept of economic efficiency to organizational issues of collective information processing in decision making. Information processing is modeled in the framework of the dynamic parallel processing model of associative computation with an endogenous...

The paper provides an explanation of the mechanisms underlying trade <p> roots of the contagion effects emanating from the recent turmoils. It is argued <p> that under demand uncertainty risk averse behavior of firms provides a basis <p> for international trade. The paper shows by means of a simple...</p></p></p>

The paper is concerned with the impact of market research prior to integration, on the structures of noncompetitive industries in integrated economy. The analysis focuses on separated, single commodity, monopolistic markets with stochastic demand. Monopolistic firms are considered in dynamic...

Taking into account the very limited ability of individuals to handle and process information (for given information-processing technology), some economists argue that the sequential regime of data processing has been replaced by parallel methods (in economic jargon: hiererchical or...

In underdeveloped regions retail firms play a significant role in employment creation and provide local governments with large part of their tax revenues. The existence of retail networks is usually explained by spatial factors and economies of scale in transportation and/or increasing returns...

The paper applies the evolutionary concept to an analysis of the role of intellectual property rights protection in the model of two countries North and South (and two firms) where only the Northern firm conducts innovative activity. The concept of social evolution and learning in oligopolistic...

The analysis presented in this article focuses on seigniorage revenues in five Central and Eastern European Countries: Bulgaria, the Czech Republic, Hungary, Poland and Romania. A comprehensive discrete period accounting framework for measuring the sources and uses of seigniorage in the 1990s is...