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Full-Text Articles in Social and Behavioral Sciences
An Empirical Test Of The Structure, Conduct-Performance Paradigm In The Asian And Pacific Basin Countries, Abdur Chowdhury
An Empirical Test Of The Structure, Conduct-Performance Paradigm In The Asian And Pacific Basin Countries, Abdur Chowdhury
Abdur R. Chowdhury
This paper tests the structure‐conduct‐performance paradigm in eighteen Asian and Pacific Basin countries. The results suggest that concentration in the banking markets in these countries lead to monopoly profits being earned and is a signal of collusive behaviour among the leading banks. Competitive imperfections allow banks to set prices that are less favourable to consumers thereby decreasing total consumer and producer surplus. This has important policy implications for merger activity. A further increase in concentration in the banking market in these countries will decrease the level of competition in the market. Regulatory actions, such as anti‐trust laws, are justified on …
Situation Awareness And Maritime Traffic: Having Awareness Or Being In Control?, Fulko Van Westrenen, Gesa Praetorius
Situation Awareness And Maritime Traffic: Having Awareness Or Being In Control?, Fulko Van Westrenen, Gesa Praetorius
Gesa Praetorius
Situation awareness (SA) is generally seen as a mental representation of the system state, an objective measure of the ‘situation out there’. In this article, the authors make an argument that SA can only have a meaning in relation to the task of the user and characteristics of the system. This will be argued with the help of a specific environment: vessel traffic monitoring. The long-time constants and the complex constraints imposed on the ship require that the operator monitoring the traffic has a good SA: the operator must make long-term predictions about possible traffic developments. For this, being in …