This book, a collaborative effort by researchers from Japan, Italy and the USA, seeks to explore the reasons for industrial clustering in certain regions of Asia, Europe and North America. The studies presented illustrate real examples of industrial clusters, adding anecdotal evidence to the...

This book, a collaborative effort by researchers from Japan, Italy and the USA, seeks to explore the reasons for industrial clustering in certain regions of Asia, Europe and North America. The studies presented illustrate real examples of industrial clusters, adding anecdotal evidence to the...

We consider different patterns of infinite technological adoption choices by firms in a Bertrand duopoly. Every period technological progress provides a sequence of cost reducing innovations. The equilibrium concept is Markov perfect equilibrium. We analyze conditions for which equilibrium...

We study the incentives for a “diagonal” merger between two Internet Service Providers, one a wireless retail only ISP in two origination markets, and the second a vertically integrated wired retailer in one market and an upstream provider in the other. The merger’s effects depend on...

The paper sets out why we consider that the legal framework in the EU amplifies what are in reality relatively small differences in thinking around RPM. Primarily, this is because it asks economists, in the name of legal certainty, to draw a false dichotomy between agreements and practices which...

The model explains the emergence of asymmetric productive structures among regions based on adoption of a quality improving technology. Firms' products are differentiated both in location and quality, location is given. We characterize symmetric and asymmetric equilibria of the two stage game in...

Peering decisions between Internet Service Providers (ISPs) contain substantial non-measurable aspects requiring trust and informal cooperation among peering partners. We study whether virtual districts are observed between Internet peers. Our empirical analysis of the bilateral peering...