Suchergebnisse

"The last quarter century has seen a broad, but qualified, belief in the efficacy of market organization slide into an unyielding dogma that the market, as unconstrained as possible, is the best way to govern virtually all economic activity. However, unrestricted markets can often lead to gross inequalities in access to important resources, the creation of monopolies, and other negative effects that require regulation or public subsidies to remedy. In "The Limits of Market Organization," editor Richard Nelson and a group of economic experts take a look at the public/private debate, noting where markets are useful, where they can be effective only if augmented by non-market mechanisms, and where they are simply inappropriate

"The last quarter century has seen a broad, but qualified, belief in the efficacy of market organization slide into an unyielding dogma that the market, as unconstrained as possible, is the best way to govern virtually all economic activity. However, unrestricted markets can often lead to gross inequalities in access to important resources, the creation of monopolies, and other negative effects that require regulation or public subsidies to remedy. In "The Limits of Market Organization," editor Richard Nelson and a group of economic experts take a look at the public/private debate, noting where markets are useful, where they can be effective only if augmented by non-market mechanisms, and where they are simply inappropriate."

1. Agenda-setting theory : a brief history -- 2. Cultural markets, organizations and experiences -- 3. Cultural segmentation and media agendas -- 4. Cultural agendas, digital technologies and media platforms -- 5. Agenda-setting influences and effects in the cultural domain.

This book provides an economic perspective on the effects of food safety standards on international trade. Focusing on food safety regulation at an international level and private food safety standards, the authors use contemporary methodologies to analyze supply chain structures and organization as well as food-chain actors? strategies. They also evaluate the effects of these on both consumer health and developing countries? access to international markets. The book provides ideas, suggestions and policy recommendations for reconciling economic interests with consumer health, which will be of special interest to academics as well as to practitioners.

Front Cover; Markets, Organizations and Information: Beyond the Dichotomies of Industrial Organization; Copyright Page; Table of Contents; Foreword; Preface; Acknowledgements; CHAPTER 1. FRESH APPROACHES TO INDUSTRIAL ORGANIZATION; NEO-CLASSICAL AND NEO-INSTITUTIONAL APPROACHES; ECONOMICS AND UNCERTAINTY; THE CONCEPT OF THE FIRM; CHAPTER 2. THE GROWTH OF THE FIRM: A HISTORICAL PERSPECTIVE; ORGANIZATIONS FOR PRODUCTION; THE GROWTH OF THE MODERN BUSINESS FIRM; THE MODERN FIRM AND THE MARKET ECONOMY; EFFECT ON OTHER ORGANIZATIONS; CHAPTER 3. TOWARDS A THEORY OF THE FIRM; FIRM AND MARKET.

This book provides an economic perspective on the effects of food safety standards on international trade. Focusing on food safety regulation at an international level and private food safety standards, the authors use contemporary methodologies to analyze supply chain structures and organization as well as food-chain actors' strategies. They also evaluate the effects of these on both consumer health and developing countries' access to international markets. The book provides ideas, suggestions and policy recommendations for reconciling economic interests with consumer health, which will be o

The last quarter-century has seen the rise of an almost religious belief in the efficacy of market organization of economic activity. While there are strong empirically supported reasons for a bias toward market organization, particularly considering the alternatives, there are many areas of economic, social, and political activity where simple market organization is highly problematic. When we use markets in these areas, market organization tends to be supplemented by regulation and other nonmarket structures. There are a number of areas where we fence out markets, and use other forms of organization and governance. There used to be in economics a strong understanding of the limits of market organization, and the complex structures that in many cases were needed if markets were to work well. The purpose of this essay is to rekindle this understanding.

Several empirical regularities in the prices of financial assets are at odds with the predictions of standard economic theory. I address these regularities and explore the extent to which they are resolved in the context of two markets organized in very different ways. The first setting is a neoclassical economy with incomplete markets and heterogeneous agents. Market incompleteness naturally arises because of the non‐existence of markets in which consumers or households can co‐insure idiosyncratic income shocks for obvious moral hazard reasons. The second setting is an overlapping generations economy with three generations in which the young generation is constrained from borrowing and investing in equities. The borrowing constraints naturally arise because human capital alone does not collateralize major loans in modern economies for reasons of moral hazard and adverse selection.