Introduction to Business

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Publisher :
ISBN 13 : 9781998109319
Total Pages : 0 pages
Book Rating : 4.13/5 ( download)

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Book Synopsis Introduction to Business by : Lawrence J. Gitman

Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2023-05-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Production Economics

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Publisher : Springer Nature
ISBN 13 : 9811034559
Total Pages : 1797 pages
Book Rating : 4.58/5 ( download)

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Book Synopsis Handbook of Production Economics by : Subhash C. Ray

Download or read book Handbook of Production Economics written by Subhash C. Ray and published by Springer Nature. This book was released on 2022-06-02 with total page 1797 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.

Monopsony in Motion

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Publisher : Princeton University Press
ISBN 13 : 1400850673
Total Pages : 416 pages
Book Rating : 4.79/5 ( download)

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Book Synopsis Monopsony in Motion by : Alan Manning

Download or read book Monopsony in Motion written by Alan Manning and published by Princeton University Press. This book was released on 2013-12-03 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.

The Economics of Multi-plant Operation

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Publisher : Harvard University Press
ISBN 13 : 9780674233409
Total Pages : 476 pages
Book Rating : 4.09/5 ( download)

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Book Synopsis The Economics of Multi-plant Operation by : Frederic M. Scherer

Download or read book The Economics of Multi-plant Operation written by Frederic M. Scherer and published by Harvard University Press. This book was released on 1975 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the economics of multi-plant operation of manufacturing firms in national industries, analyzing the experience of twelve industries in West Germany, France, the United Kingdom, Sweden, Canada, and the United States.

Market definition and market power in the platform economy

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Publisher : Centre on Regulation in Europe asbl (CERRE)
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4./5 ( download)

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Book Synopsis Market definition and market power in the platform economy by : Jens-Uwe Franck

Download or read book Market definition and market power in the platform economy written by Jens-Uwe Franck and published by Centre on Regulation in Europe asbl (CERRE). This book was released on 2019-05-08 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rise of digital platforms and the natural tendency of markets involving platforms to become concentrated, competition authorities and courts are more frequently in a position to investigate and decide merger and abuse cases that involve platforms. This report provides guidance on how to define markets and on how to assess market power when dealing with two-sided platforms. DEFINITION Competition authorities and courts are well advised to uniformly use a multi-markets approach when defining markets in the context of two-sided platforms. The multi-markets approach is the more flexible instrument compared to the competing single-market approach that defines a single market for both sides of a platform, as the former naturally accounts for different substitution possibilities by the user groups on the two sides of the platform. While one might think of conditions under which a single-market approach could be feasible, the necessary conditions are so severe that it would only be applicable under rare circumstances. To fully appreciate business activities in platform markets from a competition law point of view, and to do justice to competition law’s purpose, which is to protect consumer welfare, the legal concept of a “market” should not be interpreted as requiring a price to be paid by one party to the other. It is not sufficient to consider the activities on the “unpaid side” of the platform only indirectly by way of including them in the competition law analysis of the “paid side” of the platform. Such an approach would exclude certain activities and ensuing positive or negative effects on consumer welfare altogether from the radar of competition law. Instead, competition practice should recognize straightforwardly that there can be “markets” for products offered free of charge, i.e. without monetary consideration by those who receive the product. ASSESSMENT The application of competition law often requires an assessment of market power. Using market shares as indicators of market power, in addition to all the difficulties in standard markets, raises further issues for two-sided platforms. When calculating revenue shares, the only reasonable option is to use the sum of revenues on all sides of the platform. Then, such shares should not be interpreted as market shares as they are aggregated over two interdependent markets. Large revenue shares appear to be a meaningful indicator of market power if all undertakings under consideration serve the same sides. However, they are often not meaningful if undertakings active in the relevant markets follow different business models. Given potentially strong cross-group external effects, market shares are less apt in the context of two-sided platforms to indicate market power (or the lack of it). Barriers to entry are at the core of persistent market power and, thus, the entrenchment of incumbent platforms. They deserve careful examination by competition authorities. Barriers to entry may arise due to users’ coordination failure in the presence of network effect. On two-sided platforms, users on both sides of the market have to coordinate their expectations. Barriers to entry are more likely to be present if an industry does not attract new users and if it does not undergo major technological change. Switching costs and network effects may go hand in hand: consumer switching costs sometimes depend on the number of platform users and, in this case, barriers to entry from consumer switching costs increase with platform size. Since market power is related to barriers to entry, the absence of entry attempts may be seen as an indication of market power. However, entry threats may arise from firms offering quite different services, as long as they provide a new home for users’ attention and needs.

The Economics of Imperfect Competition

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Publisher : Springer
ISBN 13 : 1349153206
Total Pages : 359 pages
Book Rating : 4.06/5 ( download)

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Book Synopsis The Economics of Imperfect Competition by : Joan Robinson

Download or read book The Economics of Imperfect Competition written by Joan Robinson and published by Springer. This book was released on 1969-07-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Industrial Market Structure and Economic Performance

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ISBN 13 : 9780395307267
Total Pages : 650 pages
Book Rating : 4.60/5 ( download)

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Book Synopsis Industrial Market Structure and Economic Performance by : Frederic M. Scherer

Download or read book Industrial Market Structure and Economic Performance written by Frederic M. Scherer and published by . This book was released on 1980 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Structure Analysis

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Publisher : Marketing Classics Press
ISBN 13 : 1613111886
Total Pages : 167 pages
Book Rating : 4.88/5 ( download)

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Book Synopsis Market Structure Analysis by : James H. Myers

Download or read book Market Structure Analysis written by James H. Myers and published by Marketing Classics Press. This book was released on 2011-08-15 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Structure and Performance

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Publisher : Taylor & Francis
ISBN 13 : 1136456686
Total Pages : 104 pages
Book Rating : 4.88/5 ( download)

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Book Synopsis Market Structure and Performance by : J. Cubbin

Download or read book Market Structure and Performance written by J. Cubbin and published by Taylor & Francis. This book was released on 2013-10-15 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2001. Routledge is an imprint of Taylor & Francis, an informa company.

Industrial Organization

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Publisher : John Wiley & Sons
ISBN 13 : 1118250303
Total Pages : 741 pages
Book Rating : 4.03/5 ( download)

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Book Synopsis Industrial Organization by : Lynne Pepall

Download or read book Industrial Organization written by Lynne Pepall and published by John Wiley & Sons. This book was released on 2014-01-28 with total page 741 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pepall's Industrial Organization: Contemporary Theory and Empirical Applications, 5th Edition offers an accessible text in which topics are organized in a manner that motivates and facilitates progression from one chapter to the next. It serves as a complete, but concise, introduction to modern industrial economics. The text uniquely uses the tools of game theory, information economics, contracting issues, and practical examples to examine multiple facets of industrial organization. The fifth edition is more broadly accessible, balancing the tension between making modern industrial analysis accessible while also presenting the formal abstract modeling that gives the analysis its power. The more overtly mathematical content is presented in the Contemporary Industrial Organization text (aimed at the top tier universities) while this Fifth Edition will less mathematical (aimed at a wider range of four-year colleges and state universities.