This paper analyzes the global aspects of competition policy. The effects of a merger in the global marketplace will generally be asymmetric, and consequently lead to a bias in domestic merger decisions. In order to compare different policy regimes, we ascribe general objective functions to the respective authorities and employ a stochastic notion of mergers. We show that under the territoriali...

LIBRARY TRENDS, Vol. 62, No. 1, 2013 (“Community Informatics in China,” edited by Kate Williams), pp. 13–33. © 2013 The Board of Trustees, University of Illinois Abstract In recent years, community informatization initiatives have developed throughout mainland China. The meaning of “community informatization” in China is similar to “community informatics” in the U.S. This paper aims to investig...

and Population Council/Thailand. Their presentations and lively discussions form the basis for this report. Additionally, we would like to acknowledge Norah Omenda (Population Council/Kenya), who organized workshop and related meeting logistics, and Mike Shambu (Population Council/Kenya) for assistance at the meeting. The opinions expressed herein are those of the authors and do not necessarily...

LIBRARY TRENDS, Vol. 61, No. 4, 2013 (“The Impact of Gaming on Libraries,” edited by Scott Nicholson), pp. 802–813. © 2013 The Board of Trustees, University of Illinois Abstract Academic libraries not only need to focus on instructing students about library resources but also need to actively reach out to them. One way to accomplish this is to integrate gaming into library programming and instr...

The Population Council is an international, nonprofit, nongovernmental organization that seeks to improve the well-being and reproductive health of current and future generations around the world and to help achieve a humane, equitable, and sustainable balance between people and resources. The Council conducts biomedical, social science, and public health research and helps build research capac...

China's low fertility rate ensures rapid population aging in this century. Open markets and trade have widened income and health gaps in China. Policy changes and economic growth have spurred labor migration in China. Founded in 1929, the Population Reference Bureau is the leader in providing timely and objective information on U.S. and international population trends and their implications. PR...

Concerns about racism and race equality have been widely reported in the first decades of 21st century, following Black Lives Matter protests campaigns such as ‘Rhodes Must Fall’. Yet ‘race’ remains largely absent from policy debate research concerning further education colleges four countries UK, particularly relationship to leadership governance. The focus this paper is on who governs why it ...

The goal of this paper is to improve our understanding of the costs and benefits of explicit deposit insurance. To this end, we compare the opportunity-cost value of deposit insurance services for a large sample of banks drawn from countries with or without explicit deposit insurance. After correcting for certain bankand country-specific factors, we find that the existence of explicit deposit i...

This paper investigates the relationship between capital structure and firm performance, paying particular attention to the degree of industry competition. The paper applies a novel measure of competition, the Boone indicator, to the leverage-performance relationship. Using panel data consisting of 257 South African firms over the period 1998–2009, this paper examines the effect of capital stru...

Can consumption growth risk (or consumption beta) serve a better measure of risk than market beta? This paper answers this question by testing and comparing the performance of the traditional Capital Asset Pricing Model (CAPM) and consumption-based CAPM (CCAPM) across seven financial market sub-sectors in the emerging Taiwan stock market. The empirical performance of the CAPM is encouraging. Th...