Though the Multilateral Agreement on Investment (MAI) has failed, the original draft is likely to serve as a basis for future negotiations. This article gives a critical assessment of the draft from an industrial economics point of view. First, I summarize the contents of the agreement which is relevant for market structure and competition. Then I develop the industrial economics approach, whic...

The performance of markets with hidden information is of central importance in microeconomic theory. We present the results of a comprehensive experiment that distinguishes between the two crucial forms of hidden information, private and common values, in different contracting environments. Contracting environments vary by the degree of power that the screening market side has over the trades o...

This study uses the 1989 Canada-U.S. Free Trade Agreement as a source of exogenous shock to product markets to establish a causal effect of competition on acquisition returns to shareholders. Following the agreement, acquirers exposed to greater increases in competitive pressure experience higher announcement returns. The positive impact of increased competition is stronger in acquirers with re...

the protection of legitimate interests in commercial relations has raised endless concerns for persons and undertakings and they have always tried to employ different available tools achieving mentioned goals. the non-competition agreement or clause is considered an efficient instrument, with special attention in its function in preventing others from competitive activities, particularly in the...

Both notional and grammatical number affect agreement during language production. To explore their workings, we investigated how semantic integration, a type of conceptual relatedness, produces variations in agreement (Solomon & Pearlmutter, 2004). These agreement variations are open to competing notional and lexical-grammatical number accounts. The notional hypothesis is that changes in number...

Traditional theories of agreement production assume that verb agreement is an essentially syntactic process. However, recent work shows that agreement is subject to a variety of influences both syntactic and non-syntactic, which raises the question of how these different sources of information are integrated during agreement production. We propose an account of agreement production in which sev...

This article is an attempt to survey the contraction and cancellation of the Reuter’s agreement as a one-sided approach and from special perspective, by using minimalistic ideology and with emphasis on multi-sided and various reasons and factors effective in the process of this contract.  On the basis of this research, in this contraction, different factors came together and augmented one anoth...

The International Telecommunications Satellite Organization (INTELSAT), the 109-nation cooperative responsible for the vast majority of international satellite service, was recently presented with what may be its greatest challenge since its inception over twenty years ago. The consortium, hailed by many as a model among international organizations, faces possible competition from five American...