Pioneers Of Industrial Organization How The Economics Of Competition And Monopoly Took Shape
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| Author | : H. W. de Jong |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 342 |
| Release | : 2007-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1847206964 |
. . . this collection should be viewed as a pioneering effort. . . this book would most likely serve as a useful quick reference source for students of industrial economics. It can also serve as a valuable point of departure for those who wish to study intellectual developments in a major field in more detail. John Howard Brown, Journal of the History of Economic Thought This work will be indispensable for anyone who undertakes serious scholarly research in industrial organization. With its knowledgeable authors and editors, this book offers us valuable materials, about the work of writers long forgotten and others inadequately recognized, that can contribute much to understanding in the field. William J. Baumol, New York University and Princeton University, US This encyclopaedic work celebrates the scores of leading pioneers who created the modern economic field of industrial organization, at the heart of which lie competition and monopoly, the two great forces that drive modern markets. Their pioneering work has shaped the field s growing research as well as the past, present and future debates in Europe and America over several centuries. This landmark book includes authoritative entries on all the major figures in both Europe and North America. Pioneers of Industrial Organization also reveals how public policies such as antitrust and regulation and deregulation since the 1970s can promote, or impede economic results and progress. Readers will find the intellectual pioneers, the theories and policies, and the debates, in all their variety herein. Some pioneers have been free-market advocates, others have been more protective of popular values, but all have strained to make the economic engine promote more wealth, progress and fairness. This book presents the people, ideas and debates with careful neutrality, and also with clear, concise writing. For all those interested in modern economic progress and its problems, this book provides deep insight as well as great personal colour. It will be an essential source of reference for students, researchers and professors of economics, as well as those concerned with the historical foundations or the conceptual and thematic developments in industrial organization.
| Author | : John J. Siegfried |
| Publisher | : Harvard University Press |
| Total Pages | : 324 |
| Release | : 2012-03-05 |
| Genre | : Business & Economics |
| ISBN | : 0674267338 |
Better Living Through Economics consists of twelve case studies that demonstrate how economic research has improved economic and social conditions over the past half century by influencing public policy decisions. Economists were obviously instrumental in revising the consumer price index and in devising auctions for allocating spectrum rights to cell phone providers in the 1990s. But perhaps more surprisingly, economists built the foundation for eliminating the military draft in favor of an all-volunteer army in 1973, for passing the Earned Income Tax Credit in 1975, for deregulating airlines in 1978, for adopting the welfare-to-work reforms during the Clinton administration, and for implementing the Pension Reform Act of 2006 that allowed employers to automatically enroll employees in a 401(k). Other important policy changes resulting from economists’ research include a new approach to monetary policy that resulted in moderated economic fluctuations (at least until 2008!), the reduction of trade impediments that allows countries to better exploit their natural advantages, a revision of antitrust policy to focus on those market characteristics that affect competition, an improved method of placing new physicians in hospital residencies that is more likely to keep married couples in the same city, and the adoption of tradable emissions rights which has improved our environment at minimum cost.
| Author | : James Langenfeld |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 396 |
| Release | : 2014-03-28 |
| Genre | : Business & Economics |
| ISBN | : 178350952X |
This book focuses on the changing landscape of class action law and its interaction with the economic analysis of key issues in class actions. Articles examine the elements of class action law from diverse viewpoints, featuring defendant and plaintiff perspectives, concerning domestic and international law, and written by lawyers and economists.
| Author | : Robert Huggins |
| Publisher | : OUP Oxford |
| Total Pages | : 322 |
| Release | : 2012-09-20 |
| Genre | : Business & Economics |
| ISBN | : 0191635987 |
Harvard professor, Michael Porter has been one of the most influential figures in strategic management research over the last three decades. He infused a rigorous theoretical framework of industrial organization economics with the then still embryonic field of strategic management and elevated it to its current status as an academic discipline. Porter's outstanding career is also characterized by its cross-disciplinary nature. Following his most important work on strategic management, he then made a leap to the policy side and dealt with a completely different set of analytical units. More recently he has made a foray into inner city development, environmental regulations, and health care services. Throughout these explorations Porter has maintained his integrative approach, seeking a road that links management case studies and the general model building of mainstream economics. With expert contributors from a range of disciplines including strategic management, economic development, economic geography, and planning, this book assesses the contribution Michael Porter has made to these respective disciplines. It clarifies the sources of tension and controversy relating to all the major strands of Porter's work, and provides academics, students, and practitioners with a critical guide for the application of Porter's models. The book highlights that while many of the criticisms of Porter's ideas are valid, they are almost an inevitable outcome for a scholar who has sought to build bridges across wide disciplinary valleys. His work has provided others with a set of frameworks to explore in more depth the nature of competition, competitive advantage, and clusters from a range of vantage points.
| Author | : Nicola Giocoli |
| Publisher | : Routledge |
| Total Pages | : 397 |
| Release | : 2014-01-10 |
| Genre | : Business & Economics |
| ISBN | : 1317859634 |
Can a price ever be too low? Can competition ever be ruinous? Questions like these have always accompanied American antitrust law. They testify to the difficulty of antitrust enforcement, of protecting competition without protecting competitors. As the business practice that most directly raises these kinds of questions, predatory pricing is at the core of antitrust debates. The history of its law and economics offers a privileged standpoint for assessing the broader development of antitrust, its past, present and future. In contrast to existing literature, this book adopts the perspective of the history of economic thought to tell this history, covering a period from the late 1880s to present times. The image of a big firm, such as Rockefeller’s Standard Oil or Duke’s American Tobacco, crushing its small rivals by underselling them is iconic in American antitrust culture. It is no surprise that the most brilliant legal and economic minds of the last 130 years have been engaged in solving the predatory pricing puzzle. The book shows economic theories that build rigorous stories explaining when predatory pricing may be rational, what welfare harm it may cause and how the law may fight it. Among these narratives, a special place belongs to the Chicago story, according to which predatory pricing is never profitable and every low price is always a good price.
| Author | : Sherrill Edwards |
| Publisher | : Springer |
| Total Pages | : 273 |
| Release | : 2014-07-03 |
| Genre | : Technology & Engineering |
| ISBN | : 1447164822 |
Bioenergy is coming to be seen as a priority on the international agenda, with the use of liquid biofuels a key strategy in the attempt to meet both the demand for environmental sustainability and the energy needs of countries. The growth in the production and use of biofuels around the world has led to increased interest and discussion about this subject. Given the dynamics of this phenomenon, the organizers of this book, based on more than 10 years experience of joint research on this subject, seek to address key issues relating to the production and marketing of liquid biofuels using the Brazilian experience with ethanol and biodiesel as an illustrative case, as well as the experiences of the leading producers and consumers of biofuels. The topics to be covered in this book include the role of public policies in fostering the emergence of the biofuels industry, the main socio-economic, environmental, technological aspects and the prospects for the sector. The conceptual and methodological bases that provide analytical support to the book are based on recent research published in indexed journals. The structure and content of the book seek to address some central issues regarding: How the biofuel industries have emerged and developed in different countries? What factors have been crucial to the success or failure of different production initiatives? What are the main socio-economic-environmental impacts of the production and consumption of liquid biofuels? How are national and international markets for liquid biofuels being structured? To what extent and/or in what conditions can the experiences and lessons learned at the national level be transferred and adapted in other countries? Finally, based on the scenarios, the prospects for liquid biofuels will be discussed.
| Author | : Alan J. Devlin |
| Publisher | : Cambridge University Press |
| Total Pages | : 649 |
| Release | : 2021-08-19 |
| Genre | : Law |
| ISBN | : 1009006266 |
Industrial consolidation, digital platforms, and changing political views have spurred debate about the interplay between public and private power in the United States and have created a bipartisan appetite for potential antitrust reform that would mark the most profound shift in US competition policy in the past half-century. While neo-Brandeisians call for a reawakening of antitrust in the form of a return to structuralism and a concomitant rejection of economic analysis founded on competitive effects, proponents of the status quo look on this state of affairs with alarm. Scrutinizing the latest evidence, Alan J. Devlin finds a middle ground. US antitrust laws warrant revision, he argues, but with far more nuance than current debates suggest. He offers a new vision of antitrust reform, achieved by refining our enforcement policies and jettisoning an unwarranted obsession with minimizing errors of economic analysis.
| Author | : Elizabeth Popp Berman |
| Publisher | : Princeton University Press |
| Total Pages | : 344 |
| Release | : 2023-08-08 |
| Genre | : Business & Economics |
| ISBN | : 0691248885 |
The story of how economic reasoning came to dominate Washington between the 1960s and 1980s—and why it continues to constrain progressive ambitions today For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today. Introduced by liberal technocrats who hoped to improve government, this way of thinking was grounded in economics but also transformed law and policy. At its core was an economic understanding of efficiency, and its advocates often found themselves allied with Republicans and in conflict with liberal Democrats who argued for rights, equality, and limits on corporate power. By the Carter administration, economic reasoning had spread throughout government policy and laws affecting poverty, healthcare, antitrust, transportation, and the environment. Fearing waste and overspending, liberals reined in their ambitions for decades to come, even as Reagan and his Republican successors argued for economic efficiency only when it helped their own goals. A compelling account that illuminates what brought American politics to its current state, Thinking like an Economist also offers critical lessons for the future. With the political left resurgent today, Democrats seem poised to break with the past—but doing so will require abandoning the shibboleth of economic efficiency and successfully advocating new ways of thinking about policy.
| Author | : Warren J. Samuels |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 576 |
| Release | : 2008-06-16 |
| Genre | : Business & Economics |
| ISBN | : 1846639026 |
A collection of refereed articles on topics in economic methodology and the history of economics, including Austrian economic methodology and Wesley Mitchell.
| Author | : Peter Whelan |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 583 |
| Release | : 2023-03-02 |
| Genre | : Law |
| ISBN | : 183910287X |
Drawing together a variety of perspectives, this accessible yet comprehensive Research Handbook provides an in-depth analysis of the most significant issues pertaining to the legal regulation of cartels. An interdisciplinary team of respected experts explores the theoretical, legal, economic, political, and comparative discourse surrounding cartel regulation.
