894 Posts Found

Content: Book | Author: Paul Strathern | Subjects: Economics, People

Jagdish Sheth and Rajendra Sisodia say their research demonstrates that in mature, competitive markets there is only space for three large volume-driven companies alongside several niche specialists.

Key messages:
– Efficient markets eventually get organised into two kinds of competitors: full-line generalists and product/market specialists.

– Generalists are large scale companies, which compete across a range of products and markets, and are volume-driven. Specialists operate … [ Read more ]

Content: Article | Authors: Jagdish Sheth, Rajendra Sisodia | Source: European Business Forum (EBF) | Subjects: Economics, General

Why does capitalism thrive only in the West? Peruvian economist Hernando de Soto has an original answer: property rights. The third world is full of capital ($9.3 trillion is his estimate), but it’s what he calls dead capital-“houses but not titles, crops but not deeds, businesses but not statutes of incorporation.” Indeed, in many developing countries the idea of legally documenting personal possessions and property … [ Read more ]

Content: Book | Author: Hernando De Soto | Subjects: Economics, International

Established in 1994, the American Customer Satisfaction Index (ACSI) is a uniform and independent measure of household consumption experience. A powerful economic indicator, the ACSI tracks trends in customer satisfaction and provides valuable benchmarking insights of the consumer economy for companies, industry trade associations, and government agencies. The ACSI is produced through a partnership of the University of Michigan Business School, the American Society for … [ Read more ]

Content: Online Resource | Sources: American Society for Quality (ASQ), CFI Group, University of Michigan Business School | Subjects: Economics, Market Research

Article takes a look at historical bull and bear runs that occur in roughly 14-year cycles (secular = major multi-year trends in Wall Street speak).

Content: Article | Author: David Simons | Source: Forbes | Subjects: Economics, Finance | Industry: Investing

Over long periods stocks way outperform bonds, right? Maybe not. A new study raises the disturbing possibility that this conclusion derives from a misreading of history.

Content: Article | Author: Daniel Fisher | Source: Forbes | Subjects: Economics, Finance

Classic economics assumes that people always act rationally when it comes to money. Behavioral economists like Dan Ariely are proving that the truth is much stranger.

Content: Article | Author: Paul Keegan | Source: Business 2.0 | Subjects: Economics, Marketing / Sales

What brings foreign investment to a developing country? Although political stability and a skilled workforce are always appreciated, what often clinches the deal is an incentive package that includes waivers on regulations and taxes. In this recent case study, Research Assistant Isabelle Dauner and Professors Olivier Cadot, Lourdes Casanova and Daniel Traca examine the slowdown in Chile’s rate of FDI and ask what might speed … [ Read more ]

Content: Case Study | Authors: Daniel Traça, Isabelle Dauner, Lourdes Casanova, Olivier Cadot | Source: INSEAD Knowledge | Subjects: Economics, International – Americas

Why do so many people cling so hard to the notion of efficient markets? Andrew Lo, an economist at MIT, suggests that they may be suffering from a “peculiar psychological disorder known as ‘physics envy’…We would love to have three laws that explain 99% of economic behaviour; instead, we have about 99 laws that explain maybe 3% of economic behaviour. Nevertheless, we like to talk … [ Read more ]

Content: Quotation | Source: CFO Publishing | Subjects: Economics, Finance

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Dollarization can be a double-edged sword. It can provide monetary stability, but in times of crisis, it can also significantly constrain the central bank from lending a helping hand when it’s necessary. Professors Douglas Gales and Xavier Vives provide an ex-ante approach to establish the viability of dollarization for any given economy.

Content: Article | Authors: Douglas Gale, Xavier Vives | Source: INSEAD Knowledge | Subjects: Economics, Finance

When the Semiconductor Trade Agreement was set to expire in 1996, some US industry leaders called for renewal, while their Japanese counterparts argued against it. In this case study, Professor Daniel Traca and Robert Crawford challenge you to examine the issues surrounding US-Japanese semiconductor trade and the possibility of an STA III.

Content: Case Study | Authors: Daniel Traça, Robert Crawford | Source: INSEAD | Subjects: Economics, Trade

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It’s an old question still in search of an answer. Why does inequality in wealth distribution repeat itself so consistently from country to country? New research suggests that network effects may be more in play here than the backgrounds and talents of citizens. It also suggests we may reach a tipping point where just a few citizens control most of the wealth. Should public policy … [ Read more ]

Content: Article | Author: Mark Buchanan | Source: Harvard Business School (HBS) Working Knowledge | Subject: Economics

Syndicated columnist Sowell (economics, Hoover Inst.) is the author of 31 books and monographs on a broad range of topics, including race, culture, education, social policy, philosophy, and economics. In this groundbreaking work, he explains the basics of economics without resorting to the graphs, equations, and jargon that typically fill the textbooks and literature in the field. Along the way, he explains exactly what economics … [ Read more ]

Content: Book | Author: Thomas Sowell | Subject: Economics

If The Future of Ideas is bleak, we have nobody to blame but ourselves. Author Lawrence Lessig, a Stanford law professor and keen observer of emerging technologies, makes a strong case that large corporations are staging an innovation-stifling power grab while we watch idly. The changes in copyright and other forms of intellectual property protection demanded by the media and software industries have the potential … [ Read more ]

Content: Book | Author: Lawrence Lessig | Subjects: Economics, Trends / Analysis

There’s nothing magical about the United States, in my opinion, except its ability to innovate and innovate freely, and that’s what this country’s all about.

Content: Quotation | Source: Business 2.0 | Subjects: Economics, International

It’s even worse than you think. Out-of-control lawsuits are shutting down medical practices, killing businesses and costing the economy $200 billion a year.

Content: Article | Author: Michael Freedman | Source: Forbes | Subjects: Economics, Legal

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