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...

a series of sorbents containing various amounts of borate groups were prepared by chemical immobilization ofp-aminoethylphenylboric acid on a copolymer- treated organosilane spacer glass plates. it was found thatbaker's yeast cells selectively adhered to these supports. yeast cells stained with procion red he-3b formeddenser and more stable layer on the copolymer-grafted supports compared onto ...

Legal aspects of e-commerce have recently been extensively explored in a number of academic fora. The subject matter of cyberlaw has increasingly gained the recognition of legal community as a distinct area of legal analysis at the national, regional and global levels with the EU directives relating to e-commerce being fine examples of regulatory framework under development, ratification and im...

In spite of the inherent advantages of reuse and stability of immobilized chiral catalysts, they are frequently not enough to justify the effort necessary to immobilize the chiral complexes, unless additional advantages are found. When chiral catalysts are immobilized on solids with surface and pores of well controlled size, shape and dimensionality, the solid may act as a nano-reactor reducing...

A class of bargaining games in which agents bargain over prices and maximum trading constraints is considered: It is proved that all the Stationary Subgame Perfect Equilibria of these games implement Walrasian allocations as the bargaining frictions vanish. The result holds for any number of agents and is robust to different specifications of the bargaining process. © 2011 Published by Elsevier...

Federated distributed systems present new challenges to resource management, which cannot be met by conventional systems that employ relatively static resource models and centralized allocators. We previously argued that Matchmaking provides an elegant and robust resource management solution for these highly dynamic environments [5]. Although powerful and flexible, multiparty policies (e.g., co...

A new operating paradigm is still needed for the power industry in order to achieve a workable deregulated market. The two main proposals, namely the Bilateral and the Poolco models, even though their original intents were to promote efficiency in a deregulated industry, in order to be workable need a powerful centralized organization. They consequently end up operating in the same way as the r...

This paper proposes a continuous-time model framework of bargaining, which is analytically tractable even in complex situations like coalitional bargaining. The main ingredients of the model are: (i) players get to make offers according to a random arrival process; (ii) there is a deadline that ends negotiations. In the case of n-player group bargaining, there is a unique subgame-perfect Nash e...