Economic models of trade in endangered species products often do not incorporate four focal arguments in the policy debate over trade bans: 1) Law-abiding consumers may operate in another market, separate from illegal consumers, that trade would bring online. 2) Legal trade reduces stigma, which affects demand of law-abiding consumers. 3) Laundering may bring illegal goods to legal markets when...

Drawing on observations from tracking changes in local health care markets over the past ten years, this article critiques two Federal Trade Commission and Department of Justice recommendations to enhance price and quality competition. First, we take issue with the notion that consumers, acting independently, will drive greater competition in health care markets. Rather we suggest an important ...

This paper revisits Neil Wrigley’s influential research that explored the corporate restructuring of the US food retail sector, which was characterised by a focus on the spatial implications of merger activity, market concentration and competition regulation. It assesses the importance of this scholarship in a contemporary context, tracking these competitive and regulatory trends from a decade ...

This paper analyzes investor behavior depending on the flow-through capability (FTC) in the US stock market, because investors seek protection from inflation rate changes, and the FTC (a firm's ability to transmit inflation shocks to the prices of its products and services) is a key factor in investment decisions. Our estimates of the FTC of firms listed on the US stock exchange at the sector l...

The FTCs action against Toys "R" Us centers on the implementation by Toys "R" Us of a policy in which it reserved the right not to carry the same toy items sold by a manufacturer to warehouse clubs. The FTC alleges that the Toys "R" Us policy reflects an attempt to exercise market power by impeding competition from warehouse clubs. Toys "R" Us defends its policy as an efficiency-enhancing verti...

Introduction This paper reviews the potential for problems regarding public acceptability of environmental taxes. It examines the issue through a case study of the municipal waste charge protests in Ireland in 2003 and 2004. The example of these public protests against new waste charges demonstrate the necessity for good advertisement and PR when in~roducing a new tax. Rather than explain the p...

This paper examines the development in the intra-industry trade pattern in two small open economies within the period 1961-1987. We compute Grubel-Lloyd indices and examine both the time pattern, the country pattern, and the product pattern. For both countries the level of intraindustry trade has grown rapidly and product differentiation has increased. However, this process occurred later in Ir...

We show how a Metric Affine theory of Dilaton gravity can be reduced to an effective Riemannian Dilaton gravity model. A simple generalization of the Obukhov-Tucker-Wang theorem to Dilaton gravity is then presented. 04.20.-q, 04.40.-b, 04.50.+h, 04.62.+v [email protected]

Modern trade negotiations have delivered a plethora of bilateral and regional preferential trade agreements (PTAs), which involve considerable risk to public health, thus placing demands on governments to strengthen administrative regulatory capacities in regard to the negotiation, implementation and on-going management of PTAs. In terms of risk management, the administrative regulatory capacit...

Drawing on a new and comprehensive measure of logistics quality, our gravity model suggests logistics in the exporting and partner-country can have an important impact on bilateral exports. A one standard deviation improvement in the exporter’s logistics quality, which for example would improve Gabon to the level of Guinea, would raise exports by almost 60%. Landlocked countries’ exports depend...