Evaluating supply chain system improvements and international economic integration patterns to changes in expenditure requires urgent attention from short to long-term supply chain disruption review. Following the United Kingdom's exit from the European Union, the UK and the global economies...

The Fehmarn Belt is a strait between Denmark and Germany, currently served by a ferry. This note analyses the theory of competition between the ferry and a planned tunnel, the Fehmarn Belt Fixed Link. The model is an asymmetric duopoly and addresses two questions: 1. Will the tunnel induce the...

The Fehmarn Belt is a strait between Denmark and Germany, currently served by a ferry. This note analyses the theory of competition between the ferry and a planned tunnel, the Fehmarn Belt Fixed Link. The model is an asymmetric duopoly and addresses two questions:1. Will the tunnel induce the...

This paper aims to introduce the concept and characteristics of natech disaster (natural hazards triggered technological disaster) and to explore the policy issues in complex disaster management in Korea. This research examines the issues of natech complex disaster through analysis of Sewol...

The great deficits created in the pursuit of the Keynesian welfare state led to governmental failure. This increasingly posed a greater risk to financial system than market failure, due to the increasing scale effects. Competition ceases to exist. The operations of markets first described by...

The paper calculates the concentration in 6 major routes of the "Greek ferry system" (2001-2010), important not only for international tourism, including Cruises, but also for the cohesion of the Greek space with EU. Worth noting is the consolidation of companies that took place, where from 25...

Island regions are generally dependent on transport services in order to retain cohesion with the mainland and for their socioeconomic development. Europe with its geography presents a number of island areas, with distinct characteristics, and transport needs. This paper focuses on the...

The SSNIP test for market definition requires information about demand substitution and profitability. If detailed information about demand is not available, observed effects of a shock in the industry may be an alternative source of evidence. In the existing literature, shock analysis has...

While several studies have examined the effects of cartels, in few instances is data available that allows us to examine post-cartel behavior. In this paper, I use data on inter-island airfares to examine the effects of an antitrust immunity agreement that allowed two airlines to coordinate...