When collusive agreements are illegal, oligopolies must rely on the threat of future price wars to sustain collusion. If firms’ objective is to maximize the present value of profits, the shadow of that threat changes with the interest rate. That is, the interest rate determines how much firms discount the future, and this affects the level of collusion that can be supported. In an environment o...

This chapter examines the spread of Information and Communication Technologies (ICTs) in South Australia. It starts by assessing South Australia’s leading role in the adoption of democratic reforms in the nineteenth century. It then suggests that there is not the same enthusiasm for the more contemporary reforms found in the implementation of e-democracy. The chapter draws from an appraisal of ...

We examines the legal penalties imposed on Dutch listed firms targeted by competition authorities from 1998-2008. By using event study techniques we estimate the impact of the main events in an antitrust investigation on a firm’s stock market value and analyse the causes of the value impacts. The first announcement of an antitrust investigation has a statistically significant effect on the firm...

Article history: Received 3 March 2009 Received in revised form 14 July 2009 Accepted 3 September 2009 Available online 14 October 2009 Tariffs and anti-dumping duties are two important tools used to protect industries from foreign competition and to generate revenue. While the two tools have been studied extensively in separate contexts, little is known about their comparative effects. This pa...

We study the impact of special interest politics on competition for a multinational between two countries. We show that whether a country will win this competition is determined by both economic factors, which include for which country foreign direct investment will bring more national welfare, and in which country the multinational will make more profits; and to what extent each country’s gove...

Information security education and training needs to be valued and assessed from various perspectives. This study presents two differing viewpoints from which such an evaluation can be perceived – those of the individual and the organisation. Some sorts of profits are sought after by each of the two, although this is expressed and hence valued differently depending on the perspective taken. We ...

A large share of the poor in developing countries run small enterprises, often earning low incomes. This paper explores whether the poor performance of businesses can be explained by a lack of basic business skills. We randomized the offer of a free, 48-hour business skills course to female entrepreneurs in rural Mexico. We find that those assigned to treatment earn higher profits, have larger ...

The current study presents a conceptual framework for the moderation of the relationship between implicit and self-attributed motive congruency and psychological well-being. Consistent with this framework, we found evidence for such moderation effects for predicting life satisfaction in a secondary data analysis of a sample (N = 441) drawn from the Eugene-Springfield Community Sample longitudin...

The investigation of teams and teamwork in cooperative (e.g., group brainstorming and team decisionmaking) and mixed-motive (e.g., negotiation) contexts has been carried out through a variety of lenses anddisciplines.One lens that has not beenused to rigorously theorize about andempirically investigate teams is that of ideologies. In this review, we juxtapose the study of a particular status-re...

Carbon leakage provides an efficiency argument for unilateral climate policy to differentiate emission prices in favor of emission-intensive and trade-exposed sectors. At the same time, differential emission pricing can be (mis-)used as a beggar-thy-neighbor policy to exploit terms of trade. Using an optimal tax framework, we propose a method to decompose the leakage motive and the terms-of-tra...