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A Computational Laboratory for Evolutionary Trade Networks
McFadzean, David; Stewart, Deron; Tesfatsion, Leigh S. - Department of Economics, Iowa State University - 2001
This report presents, motivates, and illustrates the use of a computational laboratory for the investigation of evolutionary trade network formation among strategically interacting buyers, sellers, and dealers. The computational laboratory, referred to as the Trade Network Game Laboratory (TNG...
Persistent link: https://www.econbiz.de/10004979909
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Credit Card Reform and Bankruptcy Reform
Simkovic, Michael - 2012
Consumer advocates won a victory with the passage of the Credit Card Accountability Responsibility and Disclosure Act of 2009. (Credit Card Act). The Credit Card Act bans certain pricing practices that were confusing to credit card users. Ironically, the seeds of this legislative victory may...
Persistent link: https://www.econbiz.de/10013116346
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The Effect of BAPCPA on Credit Card Industry Profits and Prices
Simkovic, Michael - 2009
The U.S. Bankruptcy code changed dramatically with the passage of The Bankruptcy Abuse Prevention and Consumer Protection Act Of 2005. This act increased the costs and decreased the benefits of bankruptcy to consumers. Supporters of the law claimed that it would benefit consumers as well as...
Persistent link: https://www.econbiz.de/10012766354
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Vertical Integration During the Hollywood Studio Era
Hanssen, F. Andrew - 2008
The Hollywood quot;studio systemquot; - with production, distribution, and exhibition vertically integrated - flourished from the late teens until 1948, when the U.S. Supreme Court issued its famous Paramount decision. The Paramount consent decrees required the divestiture of affiliated theater...
Persistent link: https://www.econbiz.de/10012724184
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Monopsony Abuse or Efficient Purchasing? Quality Measurement in the Tobacco Leaf Market
Hanssen, F. Andrew - 2010
In the recent case of Deloach v. Philip Morris, plaintiff tobacco growers accused the major cigarette manufacturers of using unusually structured tobacco auctions to engage in monopsony collusion. The DeLoach case produced one of the largest antitrust settlements ever. The objective of this...
Persistent link: https://www.econbiz.de/10013142270
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Seize the State, Seize the Day : State Capture, Corruption and Influence in Transition
Hellman, Joel S.; Jones, Geraint; Kaufmann, Daniel - 2004
state." In the capture economy, the policy and legal environment is shaped to the captor firm`s huge advantage, at the … new firm-level data from the 1999 Business Environment and Enterprise Performance Survey (BEEPS), which permits the … benefits for the firm. The focus of reform should be shifted toward channeling firms' strategies in the direction of more …
Persistent link: https://www.econbiz.de/10014147906
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Pricing for Medicine Innovation : A Regulatory Approach to Support Drug Development and Patient Access
Collington, Rosie; Lazonick, William - 2022
underpin the drug development process. PMI specifies the conditions under which, at the firm level, drug pricing can support … for further drug development, price caps may deprive a firm of the means to invest in innovation. Secondly, even with … adequate profits available for investment in innovation, a firm that is run to maximize shareholder value will tend to use …
Persistent link: https://www.econbiz.de/10013295329
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The role of managerial work in market performance: A monopoly model with team production
Hildenbrand, Andreas; Duran, Mihael - 2013
A monopolist is treated as a nexus of contracts with team production. It has one ownermanager. The owner-manager is the employer of two employees. A team production problem is present if the employer is a managerial lemon. If the team production problem is solved, the employer is a managerial...
Persistent link: https://www.econbiz.de/10010329617
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The role of managerial work in market performance: A monopoly model with team production
Hildenbrand, Andreas; Duran, Mihael - 2013
A monopolist is treated as a nexus of contracts with team production. It has one ownermanager. The owner-manager is the employer of two employees. A team production problem is present if the employer is a managerial lemon. If the team production problem is solved, the employer is a managerial...
Persistent link: https://www.econbiz.de/10010333484