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The Economics of Two-way Interconnection

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Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631754832 Year: Pages: 86 DOI: 10.3726/b13999 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Economics
Added to DOAB on : 2020-10-03 00:14:45
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For his research on the topic of this book Ulrich Berger was awarded the Research Prize of the Vodafone Foundation and the WU Best Paper Award. This book studies the economics of telecommunications networks characterized by two-way interconnection. Special emphasis is put on the role of access charges. Starting from the standard model used in the literature on network competition, the effect of departing from three of this model’s less realistic assumptions is investigated. First, call externalities are integrated into the model. Secondly, competition between three or more networks is studied in a dynamic setting. Finally, a local interaction structure between agents is introduced to replace the unrealistic assumption of balanced calling patterns. In each of these cases, some of the conventional wisdom on the role of access charges is overturned by new results.

Industrial Concentration and the Chicago School of Antitrust Analysis

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Book Series: Hohenheimer volkswirtschaftliche Schriften ISBN: 9783631408742 Year: Pages: 422 DOI: 10.3726/b13907 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Law --- Economics
Added to DOAB on : 2019-01-15 13:32:26
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After roughly 15 years of merger control application in the Federal Republic of Germany a reassessment of the significance of this instrument of antitrust policy seems necessary. This is particularly so in view of the reorientation of merger control policy in the United States which has been - in its original version - the model for the German merger control system.
Concerning merger control, the reorientation is characterized by the notion that the structure-conduct-performance paradigm which has dominated U.S. antitrust for a quarter of a century is imprecise or even incorrect and «that bigness in business does not necessarily mean badness.»
This makes the fundamental question arise of whether the German merger control system is still up to date in terms of the underlying market theory and of whether the German Act Against Restraints of Competition needs a reorientation towards aspects of market conduct and performance instead of market structure by means of a Fifth Amendment.

The Remaking of the Euro-Mediterranean Vision

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Book Series: Global Politics and Security ISBN: 9783034338189 Year: Pages: 310 DOI: 10.3726/b15448 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Political Science
Added to DOAB on : 2020-10-03 00:18:02
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This edited collection is a timely and in-depth perception analysis of Euro-Mediterranean relations and the EU policy actions towards the Mediterranean region. The book takes as its departure point the recent geopolitical developments in the Middle East and North Africa, urging the renewal of a Euro-Mediterranean partnership while challenging the ‘Eurocentric orientation of EU policies’ – a critical factor which explains why the EU has been unable to adjust its policies to the region’s fast-changing complexities. The volume subsequently introduces the findings of an elite survey conducted between 2017–2018 with local stakeholders in 9 countries in the Mediterranean. The findings and policy recommendations presented in the book aim to contribute to making EU policies more responsive to major challenges in the region, more flexible on the multilateral and the bilateral level and more inclusive of key stakeholders. This book will interest EU policy-makers, civil society, academics and researchers on EU policy, as well as IR experts in general.

Futures Past. Economic Forecasting in the 20th and 21st Century

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Book Series: Literatur – Kultur – Oekonomie / Literature – Culture – Economy ISBN: 9783631818695 Year: Pages: 220 DOI: 10.3726/b16817 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: History --- Economics
Added to DOAB on : 2020-10-06 00:05:18
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Few areas in economics are as controversial as economic forecasting. While the field has sparked great hopes for the prediction of economic trends and events throughout the 20th and 21st centuries, economic forecasts have often proved inaccurate or unreliable, thus provoking severe criticism in times of unpredicted crisis. Despite these failures, economic forecasting has not lost its importance. Futures Past considers the history and present state of economic forecasting, giving a fascinating account of the changing practices involved, their origins, records, and their implications. By bringing together economists, historians, and sociologists, this volume offers fresh perspectives on the place of forecasting in modern industrial societies, thereby making a broader claim for greater interdisciplinary cooperation in the history of economics.

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