Simulation offers a rigorous methodology for addressing policy or litigation issues that require a comparison of an observed state of the world with an unobserved one. Simulation employs a calibrated, structural oligopoly model to describe the unobserved state of the world. Calibration involves reliance on real-world observations to set the key parameter values in the model. Simulation is an in...

learning principles) (239). Behaviorism assumes that players of a shooting video game are primarily learning to be better shooters, rather than interpreting a fictional text or playing a role within it. Conversely, the constructivists miss the fact that video games do not just teach players to be better learners in an abstract way, as Bogost describes: “constructivism risks total divestiture of...

id=894346. 169 Id. 170 Id.; Philippe Aghion et al., Competition and Innovation: An Inverted U Relationship (Nat'l Bureau of Econ. Research, Working Paper No. 9269, 2002). 171 See Howard A. Shelanski, Competition and Deployment of New Technology in U.S. Telecommunications, 2000 U. CHI. LEGAL F. 85, 116 (2000). Yale Journal on Regulation C. Precedent and History Support a Deregulatory Shift Histo...

From the long-standing disapproval attached to "bankruptcy" of entrepreneur, through contested recognition right not pay his debts, French law insolvency has evolved gradually take into account fate man in entrepreneurial failure. Thus, objective rebound entrepreneur is part reforms companies difficulty for several years: introduction professional recovery leading cancellation acceleration judi...

It is known in regulatory economics the incentive that a vertically integrated company in the telecommunications sector, owning a local and a long distance network, has to deny (or charge a very high price for) interconnecting competitors in the long distance market in its local loop bottleneck or even supply a poor interconnection quality. This occurred in the US telecommunications market, giv...

s, JAAVSO Volume 42, 2014 472 Abstracts of Papers Presented at the Joint Meeting of the Society for Astronomical Sciences and the American Association of Variable Star Observers (AAVSO 103rd Spring Meeting), Held in Ontario, California, June 12–14, 2014 Recovering from the Classical-Nova Disaster Joseph Patterson Center for Backyard Astrophysics, 25 Claremont Avenue, Apt. 7C, New York, NY 10027...

A central debate in organizational theory concerns how organizations evolve. There are two diametrically opposing viewpoints. Adaptation theories predict that change occurs as fluid organizations adjust to meet shifting environmental demands, while selection theories predict that change occurs through the differential selection and replacement of inert organizations as environmental demands var...

The nascent debate on corporate governance in India has tended to draw heavily on the large Anglo-American literature on the subject. This paper argues however that the corporate governance problems in India are very different. The governance issue in the US or the UK is essentially that of disciplining the management who have ceased to be effectively accountable to the owners. The problem in t...

Economists have long sought to understand how product-specific traits drive industry outcomes, but the conclusions that could be drawn have been limited by shortage of dynamic competitive theories and empirical fact. The paper draws on a theoretical model in which technological opportunity drives industry evolution, fueling a spiral of advantage that allows a few firms to dominate in the long r...

Because of the predominance of the assumption of profit maximization as the goal of the firm and its decision makers, especially in the competitive strategy literature, research has yet to investigate how differences in objectives might influence competitive actions such as entry, exit, and pricing decisions. This represents an important gap in the literature given the fundamental role of objec...