Social and Behavioral Sciences Commons^™

Markets In Ip And Antitrust, Herbert J. Hovenkamp

All Faculty Scholarship

The purpose of market definition in antitrust law is to identify a grouping of sales such that a single firm who controlled them could maintain prices for a significant time at above the competitive level. The conceptions and procedures that go into “market definition” in antitrust can be quite different from those that go into market definition in IP law. When the issue of market definition appears in IP cases, it is mainly as a query about the range over which rivalry occurs. This rivalry may or may not have much to do with a firm’s ability to charge a …

Mergers, Market Dominance And The Lundbeck Case, Herbert J. Hovenkamp

All Faculty Scholarship

In Lundbeck the Eighth Circuit affirmed a district court’s judgment that a merger involving the only two drugs approved for treating a serious heart condition in infants was lawful. Although the drugs treated the same condition they were not bioequivalents. The Eighth Circuit approved the district court’s conclusion that they had not been shown to be in the same relevant market.

Most mergers that are subject to challenge under the antitrust laws occur in markets that exhibit some degree of product differentiation. The Lundbeck case illustrates some of the problems that can arise when courts apply ideas derived from models …

Secondary Markets: The Quiet Economic Value Creator, John Mayo, Scott J. Wallsten

Scott J. Wallsten

No abstract provided.

A Retrospective Evaluation Of Elements Of The Eu Vat System - Final Report, Stuart Adam, David Philips, Stephen Smith, Leon Bettendorp, Stefan Boeters, Henk Lm Kox, Bas Straathof, Kasper Stuut

Henk LM Kox

Compliance Costs And Dissimilarity Of Vat Regimes In The Eu, Henk Lm Kox

Henk LM Kox

El Vínculo Inversión Extranjera Directa Y Desigualdad Salarial En Los Estados Mexicanos, Vicente German-Soto, Nohemí Marcela Ríos González

Vicente German-Soto

2011 Workforce Needs Survey, Katherine A. Deck

Publications and Presentations

The Greater Northwest Arkansas Regional Economic Development Strategy identified four priority areas where the region needs to collaborate around specific goals to enhance the overall community. Regional success in Northwest Arkansas will therefore depend on the success of specific goals being achieved in the areas of Infrastructure, Regional Economic Development, Community Vitality and Educational Excellence.

The online survey was distributed to employers through the Northwest Arkansas Community College Workforce Advisory Group, local Chambers of Commerce, Human Resources Professional Groups and other avenues. The survey received 119 respondents. The following report will describe the major findings of the survey.

La Sociedad Mercantil Unipersonal: Pertinencia De Su Utilización En México, Max Garcia

Max Garcia Sanchez

No abstract provided.

Merger Control Reform In Brazil, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.

What Gets Measured Gets Done: Stop Focusing On Irrelevant Broadband Metrics, Scott J. Wallsten

Scott J. Wallsten

Concerns regarding the state of U.S. broadband arises from a combination of focusing on the wrong metrics, a misguided interpretation of consumer preferences, and a popular obsession with rankings. These misperceptions translate into misdirected, if well-intentioned, public policies that waste scarce resources and distract from real issues like a large income-based digital divide.

Challenges Of Implementing Incentive Auctions In Other Economies: A Mexican Perspective, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.

Profitability, Uncertainty And Multi-Product Firm Product Proliferation: The Spanish Car Industry, Xosé-Luís Varela-Irimia

Xosé-Luís Varela-Irimia

This article studies how product introduction decisions relate to profitability and uncertainty in the context of multi-product firms and product differentiation. These two features, common to many modern industries, have received little attention in the literature as compared to the classical problem of firm entry, even if the determinants of firm and product entry are quite different. The theoretical predictions about the sign of the impact of uncertainty on product entry are not conclusive. Therefore, an econometric model relating firms’ product introduction decisions with profitability and profit uncertainty is proposed. Firm’s estimated profits are obtained from a structural model of …

Testimony On The Role Of Government In Promoting R&D, Scott J. Wallsten

Scott J. Wallsten

No abstract provided.

How To Create A More Efficient Broadband Universal Service Program By Incorporating Demand And Cost-Effectiveness Analysis, Scott J. Wallsten

Scott J. Wallsten

The existing high-cost fund suffers from two inherent flaws: it does not incorporate how much consumers value the services being subsidized, and does not measure the incremental, rather than average, effects of the program. This paper proposes a way to incorporate those factors into the Connect America Fund—the proposed high-cost broadband support program—to enable it to operate more efficiently than the existing high-cost program ever could.

In particular, decisions about where to provide subsidies should be based on cost-effectiveness analyses that explicitly take into account not just the cost of providing service but also how much consumers would value the …

Tying Arrangements And Lawful Alternatives: Transaction Costs Considerations, Herbert J. Hovenkamp

All Faculty Scholarship

Tying arrangements often increase welfare by promoting product quality and protecting the supplier's goodwill in the tying product. When the tying product works effectively only with ancillary materials or accessories or services of a particular kind or quality, its supplier can assure the requisite quality of the ancillary product only by supplying that product itself. The cost savings defense and the defenses of quality control or good will are the most widely recognized and accepted tying defenses.

One characteristic of manufactured products is differentiation among the offerings of various brands. This in turn produces a need for more specialized provision …

Quasi Exclusive Dealing, Herbert J. Hovenkamp

All Faculty Scholarship

A firm's discounting policies over a single product raise concerns analogous to exclusive dealing in two situations. First, the firm may offer conditional discounts structured in such a way as to induce customers to take most of their requirements for a given product from the defendant. In addition, a firm may employ “slotting” fees or similar allowances paid by manufacturers to retailers, with the possible result that rivals have difficulty obtaining access to shelf space. Neither practice is literally "exclusive dealing," because neither involves a condition that the purchaser not deal in the goods of a rival, although they may …

Measurement Of The Agglomeration And The Geographic Concentration Of The Innovation Across Mexican States, Vicente German-Soto, Luis Gutiérrez Flores

Vicente German-Soto

Essays On Timing Of Firm Actions In Industrial Economics, Youping Li

Doctoral Dissertations

The timing of actions by firms plays an important role in industrial economics. It is key to strategic advantage in oligopoly models whether firms compete on quantity or on price. In a vertical relationship between input suppliers and final-good manufacturers, a firm which chooses a strategy first will take into account the response by those firms moving second and different sequence of play leads to different market outcomes. In my dissertation, I study the determinants and implications of the timing of firm actions in a variety of scenarios. In my first two essays, I examine how market leadership may arise …

Margin Squeeze In Mexican Mobile Telecommunications, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.

Impact Of Agricultural Profitability, Productivity And Interest Rate On Farmland Value For Selected U.S. And Slovak States, Maria Majerhoferova

Graduate Theses and Dissertations

This thesis examines agricultural factors which may have impact on agricultural land values. Based on theory, three primary factors are considered to have an impact on land value: agricultural productivity, agricultural profitability and interest rate. The study is of two countries: the US, where data are from 16 states and Slovakia with 6 states. The ten-year period from 2000 until 2009 is used in the analysis. A capitalization model is used to estimate the relationship between agricultural productivity, profitability and interest rate and land value. Three types of agricultural land are used: cropland and its value in relationship with crops, …

Tying Noncompetitive Goods, Herbert J. Hovenkamp

All Faculty Scholarship

Many of the classic tying cases involved tied products that were common staples such as button fasteners, canned ink, dry ice, or salt. These products were sold in competitive markets, presumably at prices very close to cost. For most of them the most likely explanations for the tie were quality control or price discrimination, both with competitively benign results in the great majority of situations. When the tied good is sold in a noncompetitive market, however, an additional consumer welfare enhancing result is likely to obtain – namely, the elimination of double marginalization, which occurs when separate sellers of complementary …

Asset-Light: Common Sense Or Construct Impossible?, Rob Van Ginneken

Rob van Ginneken

No abstract provided.

La Demanda Residencial Por Energía Eléctrica En Chile, Claudio A. Agostini, Eduardo Saavedra, Cecilia Plottier

Claudio A. Agostini

En un contexto de demanda creciente y oferta estocástica de energía en Chile se hace necesario conocer a cabalidad los determinantes de la demanda por energía eléctrica de los hogares - en particular su elasticidad precio - para así utilizar mecanismos de flexibilización de precios con miras a reducir posibles déficits de energía. Este trabajo estima la demanda de energía eléctrica residencial usando información de la Encuesta de Caracterización Socioeconómica Nacional (CASEN) 2006, siendo innovadora respecto de estudios previos al usar datos desagregados por hogar. Los resultados obtenidos son bastante consistentes con estudios previos, mostrando una elasticidad precio de entre …

5m3 Interview On "Estratégias Para A Televisão Digital Terrestre", Nicola Matteucci

Nicola Matteucci

O 5M3 lançou três questões autor, no sentido de actualizar o artigo e obter uma visão a posteriori sobre o seu conteúdo. O resultado é o Anexo a este 5M3, no qual mantivemos os comentários no seu detalhe e na língua em que o autor as escreveu. O 5M3 quis saber se o processo de transição para a TDT tem sido demasiado tecnocrático: e o lado dos consumidores? Matteucci concorda. O debate terá sido muito pautado por um enfoque na questão da “convergência tecnológica” em prejuízo de uma maior atenção ao lado da procura. O 5M3 lançou também uma questão …

Secondary Spectrum Markets As Complements To Incentive Auctions, Scott J. Wallsten, John W. Mayo

Scott J. Wallsten

No abstract provided.

The Use Of Role-Player Prompts In Assessment Center Exercises, Eveline Schollaert, Filip Lievens

Research Collection Lee Kong Chian School Of Business

So far, a substantial amount of assessment center (AC) studies have aimed to improve the quality of the AC method by focusing on the assessors. However, systematic studies about the role-player in AC exercises are nonexistent. This is surprising as the role-player might serve as a key figure for consistently evoking job-relevant behavior across candidates. Therefore, this study focused on the 'role' of role-players in ACs. We examined the effects of instructing role-players to use prompts among 233 candidates. Results suggest that role-players are able to use prompts and that their negative impact on candidates' reactions is negligible. In addition, …

Reclamation - An Eco-Industrial Park In Greenfield, Massachusetts, Sage W. Sluter

Landscape Architecture & Regional Planning Honors Projects

Sustainable Industrial Design
Reclaiming a Brownfield in Greenfield, Massachusetts
Abstract:
For the senior capstone project at the University of Massachusetts, this student completed a conceptual site design project for the City of Greenfield. The City of Greenfield wishes to redevelop the Brownfield site, currently known as the Bendix Property, into an eco- industrial park. Working closely with the City’s officials, the student created a realistic vision for the site. After twenty years of soil and groundwater treatment, the site is ready to come back to life. The student investigated what an eco -industrial park is, and how the businesses cooperate …

Essays On Gross Receipts Taxes, Zhou Yang

Doctoral Dissertations

The dissertation focuses on the incentives and economic effects of gross receipts taxes (GRTs) versus corporate income taxes (CITs). Conventional wisdom holds that GRTs are very poor tax instruments; however, several states have shown renewed interest in GRTs since 2002. An interesting question to ask is why states are reconsidering GRTs in spite of all criticisms. Are GRTs really as bad as what conventional wisdom says? There is little rigorous theoretical or empirical work on GRTs. My dissertation aims to help fill this gap by providing both theoretical and empirical analysis on the comparative advantages and disadvantages of GRTs versus …

Coöperaties In Zorg. Een Verkenning Van Vraagstukken En Goede Praktijken In Binnen- En Buitenland, Wim Van Opstal

Wim Van Opstal

Reeds meer dan twee eeuwen worden coöperaties opgericht om de levensstandaard van arbeiders en boeren te verbeteren. Hoewel de coöperatie in Vlaanderen al enkele decennia aan zichtbaarheid moest inboeten, begint men de laatste jaren ook bij ons de coöperatie opnieuw te ontdekken als instrument voor het combineren van een economische activiteit met sociale doelstellingen. Ook, en misschien zelfs vooral, binnen de social profitsector doen zich tal van interessante ontwikkelingen op dat vlak voor. De social profitsector, en de zorgsector in het bijzonder, wordt anno 2011 immers geconfronteerd met de dubbele uitdaging van toenemende maatschappelijke noden in een context van een …

Why It's Vital To Keep Manufacturing Alive, Augustine H. H. Tan

Research Collection School Of Economics

Augustine Tan responds to Singapore Democratic Party candidate Tan Jee Say's online article.