Industrial Organization Commons^™

Monopoly, Regulation, And Innovation, Matt Bogard

Economics Faculty Publications

Recently the Justice department has started investigations into alleged anti-trust violations by Monsanto. This has helped fuel a lot of already hyped discontent with one of the world’s leaders in innovative solutions for sustainable agriculture. This article discusses how the regulatory environment could possibly have contributed to more concentration and power in the biotech industry. Increasing regulation would likely have the opposite effect of creating a level playing field in the agriculture industry. From AgWeb, March 27,2010 http://www.agweb.com/blog/Economic_Sense_190/Monopoly_Regulation__and_Innovation_10771/

Between Apprehension And Support: Social Dialogue, Democracy, And Industrial Restructuring In Central And Eastern Europe, Aleksandra Sznajder Lee

Political Science Faculty Publications

This article explores the attitudes of trade union organizations to restructuring and privatization of their enterprises to strategic foreign investors in Central and Eastern Europe's biggest steel producers: Poland, Czech Republic, Romania, and Slovakia. Contrary to advocates of insulating technocratic decision-makers from social partners, this article argues that higher quality of democracy and concomitant social dialogue carried out at the level of the sector with union organizations that are autonomous of the government in power (as was the case in the Czech Republic and Poland), are associated with greater restructuring and with support for privatization to strategic foreign investors. In …

Multiple-Product Firms And Product Switching, Andrew B. Bernard, Stephen J. Redding, Peter K. Schott

Dartmouth Scholarship

This paper examines the frequency, pervasiveness, and determinants of product switching by US manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and that product adding and dropping induce large changes in firm scope. The behavior we observe is consistent with a natural generalization of existing theories of industry dynamics that incorporates endogenous product selection within firms. Our findings suggest that product switching contributes to a reallocation of resources within firms toward their most efficient use. (JEL L11, L21, L25, …

Assignment For Merger And Acquisition, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Mergers And Acquisitions: Strategies, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Incentive For Regulation In Financial Markets, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Merger And Acquisition, Poonam Mehra

Poonam Singh Mehra

No abstract provided.

Export Margins And Export Barriers: Uncovering Market Entry Costs Of Exporters In The Netherlands, Roger Smeets, Harold Creusen, Arjan Lejour, Henk Kox

Henk LM Kox

Intra-Enterprise Activity, Joint Ventures And Sports Leagues: Identifying Unilateral Conduct Under The Antitrust Laws, Herbert J. Hovenkamp

All Faculty Scholarship

In the American Needle case the Supreme Court will consider whether the NFL’s decision to give an exclusive trademark license to one firm should be counted as “unilateral” on the NFL’s part, or rather as the concerted joint venture activity of the NFL’s individual member teams. The intellectual property in question is not trademarks in the NFL itself, but rather the trademarks and other intellectual property developed separately by each individual team, and which the teams in turn have licensed exclusively to the NFL.

In general, when a joint venture is engaged in its own business the unilateral characterization is …

The Gettysburg Economic Review, Volume 4, Spring 2010

Gettysburg Economic Review

No abstract provided.

Developing A Convention And Event Management Curriculum In Asia: Using Blue Ocean Strategy And Co-Creation With Industry, David L. Jones

Hospitality Management

In this article the author discusses the development of a convention and event management curriculum in Asia through blue ocean strategy and co-creation with the industry. He emphasizes the necessity to differentiate the product from the competition, which is a concept that applies to an academic degree programs in order to create a niche in the market. The author also discusses the approach being used and the development of the curriculum.

Creativity And Craft, Michael J. Madison

Book Chapters

I revisit the distinction between intangible works of authorship and tangible objects, which is a fundamental proposition of modern copyright law. I suggest that reconsidering that distinction, at least in part, may expand the range of possibilities for aligning modern copyright as an economic construct with the historical roots of copyright and with ethical claims about authorial expression. Revisiting that distinction also may provide contemporary lawyers and policymakers with a much-needed tool for managing challenges posed by digital technology.

Reforming At A Time Of Crisis: The Mexican Experience 1994-1995 & 2008-2009, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.

An Economic Assessment Of Patent Settlements In The Pharmaceutical Industry, Bret Dickey, Jonathan Orszag, Laura Tyson

Bret Dickey

In recent years, patent settlements between branded and generic manufacturers involving “reverse payments” from branded manufacturers to generic manufacturers have received close antitrust scrutiny, driven by concerns that such settlements harm consumers by delaying the entry of lower-priced generic drugs. It appears that such settlements will be a focus of the Obama Administration’s antitrust enforcement policy. Yet there is a growing consensus among the courts that such settlements are anticompetitive only under narrow sets of circumstances. In this paper, we present an analytical framework for evaluating the competitive effects of patent settlements, including those involving reverse payments, and demonstrate that …

Estimando Indigencia Y Pobreza Indígena Regional Con Datos Censales Y Encuestas De Hogares, Claudio A. Agostini, Philip H. Brown, Andrei Roman

Claudio A. Agostini

While indigenous Chileans are believed to experience higher poverty rates than non-indigenous Chileans, evidence is typically based on surveys that are not representative by ethnicity. We adapt poverty mapping methodologies to estimate poverty and poverty gaps for eight indigenous groups more precisely. We find that indigenous people experience higher rates of poverty and also greater depth of poverty. These results hold within regions, suggesting that geographic variation in economic opportunity cannot fully explain the differences. We also find that the poverty burden is not equal across indigenous groups and argue that ethnicity should be included as a criterion for antipoverty …

Pobreza, Desigualdad Y Segregación En La Región Metropolitana, Claudio A. Agostini

Claudio A. Agostini

En general, hay consenso respecto a cómo medir pobreza y desigualdad. Es por ello que existe un grado importante de acuerdo sobre su evolución en el tiempo, tanto en Chile como en la Región Metropolitana. Sin embargo, no existe igual grado de acuerdo respecto a la segregación. No hay una definición clara de qué es segregación ni cómo medirla, ni hay datos validados que permitan ver su evolución en el tiempo. No obstante, la ciudad de Santiago suele ser percibida como una urbe muy segregada y se piensa que ello tiene efectos negativos. En general, no hay buenos argumentos para …

Differential Fuel Taxes And Their Effects On Automobile Demand, Claudio A. Agostini

Claudio A. Agostini

Fuel taxation policy in Chile has always been to keep taxes on diesel lower than those on gasoline. The proportion of automobiles with diesel engines has grown considerably as a result. Just 20% of diesel engine emissions are equivalent to 80% of gasoline engine emissions, and this affects the level of externalities associated with automobile use, especially in cities such as Santiago where pollution levels are high. This study estimates the effect of the fuel tax differential on automobile demand. The findings indicate diesel automobile demand elasticities of -3.4 and 2.1 with respect to the price of the vehicle and …

Incentive Effect Of Piece Rate Contracts: Evidence From Two Small Field Experiments, Lan Shi

Lan Shi

No abstract provided.

Repeated Contracts For Supply Chain Coordination: A Review And Future Directions, R K Amit, Peeyush Mehta

R K Amit

Supply chain coordination with contracts has emerged as one of the key strategies to reduce the inefficiencies arising from conflicting objectives of agents in a supply chain. In this paper, we critically analyze the literature on repeated contracts that are designed for mitigating inefficiencies in supply chains. We also provide some directions for future research in repeated contracts for supply chain coordination.

De Coöperatie, Organisatievorm Uit Het Verleden Voor Onze Samenleving Van Morgen?, Wim Van Opstal

Wim Van Opstal

De financieel-economische crisis heeft het debat over de wijze waarop we onze economie moeten organiseren opnieuw aangewakkerd. Brede lagen van de bevolking, het maatschappelijk middenveld en zelfs de politieke klasse gingen op zoek naar alternatieven voor ons economisch bestel. Eén van deze alternatieven is de coöperatie. Het loont daarom eens de moeite om te kijken in welke domeinen men deze organisatievorm (her)ontdekt heeft en of de coöperatie daadwerkelijk een alternatief kan vormen voor bepaalde sociale en economische problemen.