This research review discusses some of the most essential papers encompassing agglomeration economies. Agglomeration economies are manifested in cities and industry clusters shaping the neighborhoods and the regions that contain them. The review analyses econometric methods and data improvements, geographic scales at which agglomeration economies operate, micro-neighborhoods and mega-regions. The author also uncovers the forces driving the field including labor markets, input markets and dynamic phenomena such as innovation, technology change and growth.
This research review discusses key articles on the economics of reputation, starting from the origins of the ideas of asymmetric quality information and reputation, and going through to current articles, including the economics of collective reputation with implications for international trade. This is an ideal research resource for a graduate course in industrial organization or for the economist with interest in reputation issues.
Although what has come to be known as transaction cost economics has its origins in the 1930s, it was not until the 1970s that transaction cost economics as a systematic and identifiable field of study began. Since then, numerous theoretical developments and empirical applications have expanded and enriched the field. Recognition of its contributions to our understanding of organizations and institutions includes two Nobel laureates, Ronald Coase in 1991 and Oliver Williamson in 2009. This is an important selection of key articles on transaction cost economics by distinguished scholars including Ronald Coase, Herbert Simon, Kenneth Arrow and Richard A. Posner. This research review addresses key areas such as private ordering and credibility, contracts and organization, internal organization, vertical integration and contracting..
This research review, written by two pioneers of e-commerce, discusses thirty of the most important papers written in the fields of economics, marketing and strategy. Topics covered include evaluation of the benefit to consumers of competition and product variety online, examination of auctions and reputational feedback mechanisms designed to mitigate informational asymmetries in online markets, and the debate on digital property rights including privacy, piracy and the open source movement. The review provides a thoughtful and accessible consideration of the subject of e-commerce, invaluable to scholars and practitioners alike
Please note this updated and revised Research Review is only available online. The link to Buy Book in Print and Find This Book in Your Library is to a previous edition available in print. The previous print edition reprints the full text of many, though not all, of the Recommended Articles and complements the online edition.
This review draws on a collection of seminal writings dealing with the development of competition policy in Europe, the United States and Japan. It begins by discussing the writings of leading philosophers and scholars on the rationale and desirability of competition in market economies. These interpretations range in time of origin from ancient Greece through to Adam Smith and James Madison to very recent contributions in the competition policy debate. Having established relevant philosophical foundations, the review offers analyses by leading British, American, German and Japanese scholars on the interpretation and administration of laws concerning price-fixing and other restrictive agreements, market dominance and monopolization, predatory practices and mergers.
The research review discusses important papers in the economics of advertising since the Millennium. It covers embellishments of established theories, newer theories, and empirical testing of both. Topics include informative, persuasive, and comparative advertising, content analysis, targeting, information congestion, signalling, and information disclosure.
This authoritative research review will be an invaluable source of reference for students, academics and practitioners with an interest in the economics of digitisation and the digital economy.
The diverse array of authors and topics reviewed makes this research review an indispensable tool to study one of the most cited economic theories of the 20th century.
This significant collection of articles comprises seminal works in recent empirical research on mergers and acquisitions. The papers provide a detailed analysis of fundamental questions such as the sources of gains in mergers and acquisitions, the role of activists in the takeover process, the existence of merger waves, the relevance of auction models in corporate takeovers and the measurement of bidder returns.
This authoritative research review focuses on the rise of modern firms, from their early history to the present day. It considers the role of laws and contracts in shaping the growth and influence of business enterprises. It presents entrepreneurs, executives and the firms they controlled as driving actors in national economies and international growth. The authors have selected work by scholars who have used corporate archives to explore the fine details of how firms actually operated. They also include work by those who have been influenced by evolutionary, transaction-cost and resource-based theories of the firm.