Open societies before market economies: Historical analysis

Labor-market adjustment in open economies : Evidence from US states

In this paper we analyze whether regional economic integration across US states conditions local labor-market adjustment. We examine the mechanisms through which states absorb changes in labor supplies and whether industry production techniques are similar across states. There are two main findings. Firstly, states absorb changes in employment primarily through changes in production techniques ...

Spatial product market integration between two small , open neighbouring economies

This paper contributes with an in-depth investigation of spatial wheat producer market integration between two neighbouring countries, net exporting Hungary and net importing Slovenia. One of the key features of this spatial producer price transmission is the very important role Hungary plays in supplying wheat to Slovenia. Using monthly data from January 2000 to April 2011, spatial price trans...

Antitrust in Open Economies

We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of policy equilibrium. It is not imperfect competition, but variation in competitive stance between sectors that matters for trading partners. Beggar-thy-neighbor competition policies relate to countries’ co...

Medicine in free market economies.

****animation of Open Agent Societies****

E-commerce, Virtual Enterprises and digital media rights management are examples of important application domains where independently developed information systems must form coherent and stable "societies". Societies are considered stable if the behaviour and the interactions of the members are norm-governed. To investigate such normative behaviour we propose a new formal model of open artifici...