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Oregon Manufacturing Extension Partnership: Economic Impact Analysis -- January 2020 Update, Emma Willingham, Hoang The Nguyen, Katelyn Kelley, Northwest Economic Research Center 2020 Portland State University

Oregon Manufacturing Extension Partnership: Economic Impact Analysis -- January 2020 Update, Emma Willingham, Hoang The Nguyen, Katelyn Kelley, Northwest Economic Research Center

Northwest Economic Research Center Publications and Reports

The Hollings Manufacturing Extension Partnership (MEP), founded in 1988, is a network of non-profit agencies staffed by industry professionals and consultants. Historically, MEP has sought to increase the competitiveness of small to mid-size enterprises (which as a group comprise 99% of all U.S. manufacturing firms) by providing expert guidance and access to resources. In recent years, the severe economic recession sparked increased interest in the strength of the manufacturing sector, due to its longtime status as one of the major drivers of the domestic economy. Oregon Manufacturing Extension Partnership (OMEP), the Oregon branch of MEP, works to provide data-driven analysis …


Data Governance And The Emerging University, Michael J. Madison 2020 University of Pittsburgh School of Law

Data Governance And The Emerging University, Michael J. Madison

Book Chapters

Knowledge and information governance questions are tractable primarily in institutional terms, rather than in terms of abstractions such as knowledge itself or individual or social interests. This chapter offers the modern research university as an example. Practices of data-intensive research by university-based researchers, sometimes reduced to the popular phrase “Big Data,” pose governance challenges for the university. The chapter situates those challenges in the traditional understanding of the university as an institution for understanding forms and flows of knowledge. At a broad level, the chapter argues that the new salience of data exposes emerging shifts in the social, cultural, and …


Análisis Del Sector Lechero Y Aplicaciones Tecnológicas De La Industria 4.0, Kevin Steve Beltrán Clavijo 2020 Universidad de La Salle, Bogotá

Análisis Del Sector Lechero Y Aplicaciones Tecnológicas De La Industria 4.0, Kevin Steve Beltrán Clavijo

Economía

El sector agropecuario colombiano no cuenta con tecnificación ni aplicaciones de la industria 4.0 que si se evidencian en países desarrollados, por ello y dado el panorama internacional, se realiza una revisión documental en torno al sector lechero y los potenciales beneficios que traerá la inclusión de blockchain e infraestructura IoT, tanto para el proceso de producción como para la población rural. Los hallazgos evidenciaron que las implementaciones tecnológicas en las granjas lecheras disminuyen los costos y aumenta la rentabilidad, ya que el control de alimentos y pasturas, junto con un aumento en producción y calidad de la leche, permite …


Corporate Law And The Myth Of Efficient Market Control, William W. Bratton, Simone Sepe 2020 University of Pennsylvania Carey Law School

Corporate Law And The Myth Of Efficient Market Control, William W. Bratton, Simone Sepe

Faculty Scholarship at Penn Carey Law

In recent times, there has been an unprecedented shift in power from managers to shareholders, a shift that realizes the long-held theoretical aspiration of market control of the corporation. This Article subjects the market control paradigm to comprehensive economic examination and finds it wanting.

The market control paradigm relies on a narrow economic model that focuses on one problem only, management agency costs. With the rise of shareholder power, we need a wider lens that also takes in market prices, investor incentives, and information asymmetries. General equilibrium theory (GE) provides that lens. Several lessons follow from reference to this higher-order …


What’S In Your Wallet (And What Should The Law Do About It?), Natasha Sarin 2020 University of Pennsylvania

What’S In Your Wallet (And What Should The Law Do About It?), Natasha Sarin

Faculty Scholarship at Penn Carey Law

In traditional markets, firms can charge prices that are significantly elevated relative to their costs only if there is a market failure. However, this is not true in a two-sided market (like Amazon, Uber, and Mastercard), where firms often subsidize one side of the market and generate revenue from the other. This means consideration of one side of the market in isolation is problematic. The Court embraced this view in Ohio v. American Express, requiring that anticompetitive harm on one side of a two-sided market be weighed against benefits on the other side.

Legal scholars denounce this decision, which, …


Frand And Antitrust, Herbert J. Hovenkamp 2020 University of Pennsylvania Carey Law School

Frand And Antitrust, Herbert J. Hovenkamp

Faculty Scholarship at Penn Carey Law

This paper considers when a patentee’s violation of a FRAND commitment also violates the antitrust laws. It warns against two extremes. First, is thinking that any violation of a FRAND obligation is an antitrust violation as well. FRAND obligations are contractual, and most breaches of contract do not violate antitrust law. The other extreme is thinking that, because a FRAND violation is a breach of contract, it cannot also be an antitrust violation.

Every antitrust case must consider the market environment in which conduct is to be evaluated. SSOs operated by multiple firms are joint ventures. Antitrust’s role is to …


Framing The Chicago School Of Antitrust Analysis, Herbert J. Hovenkamp, Fiona Scott Morton 2020 University of Pennsylvania Carey Law School

Framing The Chicago School Of Antitrust Analysis, Herbert J. Hovenkamp, Fiona Scott Morton

Faculty Scholarship at Penn Carey Law

The Chicago School of antitrust has benefited from a great deal of law office history, written by admiring advocates rather than more dispassionate observers. This essay attempts a more neutral stance, looking at the ideology, political impulses, and economics that produced the Chicago School of antitrust policy and that account for its durability.

The origins of the Chicago School lie in a strong commitment to libertarianism and nonintervention. Economic models of perfect competition best suited these goals. The early strength of the Chicago School of antitrust was that it provided simple, convincing answers to everything that was wrong with antitrust …


The Post-Chicago Antitrust Revolution: A Retrospective, Christopher S. Yoo 2020 University of Pennsylvania Law School

The Post-Chicago Antitrust Revolution: A Retrospective, Christopher S. Yoo

Faculty Scholarship at Penn Carey Law

A symposium examining the contributions of the post-Chicago School provides an appropriate opportunity to offer some thoughts on both the past and the future of antitrust. This afterword reviews the excellent papers with an eye toward appreciating the contributions and limitations of both the Chicago School, in terms of promoting the consumer welfare standard and embracing price theory as the preferred mode of economic analysis, and the post-Chicago School, with its emphasis on game theory and firm-level strategic conduct. It then explores two emerging trends, specifically neo-Brandeisian advocacy for abandoning consumer welfare as the sole goal of antitrust and the …


The Road To Human Emancipation - The Moral And Political Foundations Of Markets, William Shi 2020 Claremont Colleges

The Road To Human Emancipation - The Moral And Political Foundations Of Markets, William Shi

CMC Senior Theses

The thesis aims to provide both a real public ideology and the legal and socioeconomic structures to realize Karl Marx’s ideal of human emancipation. Marx argues that in capitalist society, the legal and political superstructure forces the ruling class to represent its interest as the public interest, which legitimizes the massive inequality in resources and social power. To demonstrate how to realize the substantive public interest, the two parts of the thesis have two goals. The first part aims to formulate a rightful candidate to the public ideology of human emancipation, which represents the substantive public interest rather than the …


Dynamic Competition With Network Externalities: Why History Matters, Hanna Halaburda, Bruno Jullien, Yaron Yehezkel 2019 Bank of Canada

Dynamic Competition With Network Externalities: Why History Matters, Hanna Halaburda, Bruno Jullien, Yaron Yehezkel

Hanna Halaburda

This paper considers dynamic platform competition in a market with network externalities. A platform that dominated the market in the previous period becomes ``focal" in the current period, in that agents play the equilibrium in which they join the focal platform whenever such equilibrium exists. We ask whether a low-quality but focal platform can maintain its focal position along time, when it faces a higher quality competitor. Under finite horizon, we find that when platforms are patient enough, the unique equilibrium is efficient. With infinite horizon, however, there are multiple equilibria in which either the low or the high quality …


Hunting Unicorns, Aaron Edlin 2019 Selected Works

Hunting Unicorns, Aaron Edlin

Aaron Edlin

We study the effects of above-cost exclusionary pricing and the efficacy of three policy responses by running experiments involving a monopoly incumbent and a potential entrant. Our experiments show that under a laissez-faire regime, the threat of post-entry price cuts discourages entry, and allows incumbents to charge monopoly prices. Current U.S. policy (Brooke Group) does not help. In contrast, a policy suggested by Baumol (1979) lowers post-exit prices, while Edlin’s (2002) proposal reduces pre-entry prices and encourages entry. While both policies have less competitive outcomes after entry than laissez-faire does, they nevertheless both increase consumer welfare. For Edlin’s proposal this …


Book Reviews, USAWC Press 2019 US Army War College

Book Reviews, Usawc Press

The US Army War College Quarterly: Parameters

No abstract provided.


Article Index, USAWC Press 2019 US Army War College

Article Index, Usawc Press

The US Army War College Quarterly: Parameters

No abstract provided.


Uncertainty, Depreciation And Industry Growth, Roberto SAMAIEGO, Juliana Yu SUN 2019 George Washington University

Uncertainty, Depreciation And Industry Growth, Roberto Samaiego, Juliana Yu Sun

Research Collection School Of Economics

When investment is irreversible, firms invest only when the mismatch between their productivity and their capital stock is large. This suggests that two factors should be related to the frequency of mismatch: volatility and capital depreciation. A canonical model of industry dynamics with investment irreversibility displays slow growth in times of high uncertainty, and decline is particularly pronounced in industries where capital depreciation is rapid. A differences-in-differences regression using industry growth data from a large sample of countries supports this result.


The Historical And Legal Creation Of A Fissured Workplace: The Case Of Franchising, Brian Callaci 2019 University of Massachusetts Amherst

The Historical And Legal Creation Of A Fissured Workplace: The Case Of Franchising, Brian Callaci

Doctoral Dissertations

This dissertation explores the consequences of institutional change in capitalist firms, focusing on vertical dis-integration, the legal boundaries of the firm and what David Weil has called workplace "fissuring," in which corporations place intermediaries (subcontractors, temp agencies, or franchisees) between themselves and workers, often with negative consequences for workers. It focuses specifically on franchising, a type of fissured workplace in which one firm outsources retail operations to smaller, legally independent franchisees. The first chapter uses archival sources to identify the legal and policy changes driving workplace fissuring in the franchising context: specifically the relaxing of antitrust prohibitions on vertical restraints …


Introduction To The Special Issue On The Blue Economy Of Bangladesh, Pawan G. Patil, Pierre Failler, Khurshed Alam 2019 World Bank

Introduction To The Special Issue On The Blue Economy Of Bangladesh, Pawan G. Patil, Pierre Failler, Khurshed Alam

Journal of Ocean and Coastal Economics

Introduction to the Special Edition on the Blue Economy of Bangladesh by the Editors of the Special Edition.


Essays On The Economics Of Digital Piracy, Zhuang Liu 2019 The University of Western Ontario

Essays On The Economics Of Digital Piracy, Zhuang Liu

Electronic Thesis and Dissertation Repository

My thesis consists of three chapters relating to the economics of digital piracy. Digital piracy is a debated topic catching tremendous academic and public attention. My studies contribute to the understanding of the impact of digital piracy on legitimate sales revenue with a focus on the motion picture industry.

In my first chapter, I examine the effects of screener piracy on the movie box office. Screeners are movie copies sent to critics and industry professionals for evaluation purposes. Sometimes, screeners are leaked and made available to download on the Internet. This chapter exploits the plausibly exogenous variation of file sharing/piracy …


Research On Double-Stack Container Transport Organization In International Multimodal Transport, Xi Zhu 2019 World Maritime University

Research On Double-Stack Container Transport Organization In International Multimodal Transport, Xi Zhu

World Maritime University Dissertations

No abstract provided.


The Effect Of Latest Shipping Alliance On Shipping Industry, Lingjie Li 2019 World Maritime University

The Effect Of Latest Shipping Alliance On Shipping Industry, Lingjie Li

World Maritime University Dissertations

No abstract provided.


The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter 2019 The University of Tennessee, Knoxville

The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter

Pursuit - The Journal of Undergraduate Research at The University of Tennessee

The international economic trends of globalization and neoliberalism have exposed and enabled the exploitation of Mexican workers, especially women in the maquiladora garment industry. During the 1950s, globalization gave rise to the new international division of labor and transnational corporations (TNCs) that have offshored labor-intensive phases of production to developing countries, many of which have pursued export-led industrialization. Export processing in Mexico was encouraged in the 1960s by Item 807 of the U.S. Tariff Code and Mexico’s Border Industrialization Program. Especially following the Latin American debt crisis of the 1980s, advanced capitalist countries and International Financial Institutions foisted neoliberal structural …


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