The Internet has a loosely hierarchical structure. At the top of the hierarchy are the backbones, also called Internet Access Providers (hereafter IAPs). The second layer of the hierarchy is comprised of Internet Service Providers (hereafter ISPs). At the bottom of the hierarchy are the end...

Vertical integration has received much attention in the last 25 years and there are well-known theories that explain this behavior. However, the one common thread that runs through virtually all of this research is the assumption of private property rights. Very little attention has been paid to...

This paper examines the components of the Capital Asset Pricing Model and the modelâs uses to analyze portfolios returns. It also looks at subsequent versions of the CAPM including a multi-variable CAPM with the inclusion of selected macro-variables as well as a non-stationary beta CAPM to...

This dissertation is an investigation into the determinants of demand for service contracts on new vehicles. In the first chapter, I characterize the consumer decision to buy a service contract with a discrete choice model. Hypotheses and conjectures are tested empirically using survey data from...

Experimental research follows well-established procedures and design rules. Subjects are recruited to participate in a study, and report at a specified time and place. Typically subjects are undergraduate students, though if experience with a particular market or institution is thought to be an...

Chapter 2 deals with a linear city model à la Hotelling where the two firms share linear transport costs with their customers. Mill pricing and uniform delivery pricing are special limiting cases. We characterize the conditions for the existence of a pure strategy equilibrium in the two-stage...

This collection of papers originates from myinterest in the reform efforts in transitionaleconomies. Each of the chapters is self-contained.Chapter one presents a brief literature surveyof those schools of thought that have contributedto our knowledge about privatization.In chapter two, a public...