Entrepreneurial Innovations in Network Industries

We contribute to the literature network effects by allowing entrepreneurs to sell their innovations to incumbents in addition to entering the industry. We identify three new effects. Stronger network effects make selling innovations attractive, as incumbents bid up the sales price in fear of letting a rival obtain the innovation. This improves innovation incentives. Increased compatibility, however, reduces innovation incentives by reducing the relative advantage the owner of the innovation gets, in turn resulting in a lower sales price. Finally, bidding competition for innovations is crucial. Innovation waves can occur in network industries as bidding competition is fierce in young industries with several players competing for the top spot, but weak in mature industries with a clear leader

Behavioral industrial organization, firm strategy, and consumer economics

The field of behavioral economics is one of the fastest-growing fields in economics in recent years. Not long ago this was a small field, but over the last decade or so, the field gained more recognition, and today it seems clear that psychological motivations and biases affect economic behavior in many important ways. Insights from psychology were incorporated in several areas of economics. This paper offers a short review of the application of behavioral economics to industrial organization, which can be denoted “behavioral industrial organization,” and on the relationship between behavioral industrial organization, firm strategy, and consumer economics.industrial organization; behavioral economics; strategy; firm strategy; business strategy; economic psychology; behavioral industrial organization; consumer behavior; consumer economics

Global influences on UK manufacturing prices: 1970-2000

This paper presents substantial new evidence on the competitive process that links together industrial economic and international economics. Our time-series data base concerns manufactured product prices and their domestic and international determinants. We identity cointegrating relationships, using single equation and multivariate methods. We find that both market imperfections, largely ignored in international economics, and international factors, mostly neglected in industrial economics, should be jointly incorporated into pricing analysis. The significance of global factors varies markedly: differentiated-product sectors respond little to foreign price signals. Our findings are relevant to many fields within economics, including the transmission of inflation

Sustainable Agriculture and the Structure of North Dakota Agriculture

Environmental Economics and Policy, Industrial Organization, Production Economics,

Network Competition: Workhorse Resurrection

I generalize the workhorse model of network competition (Armstrong, 1998; Laffont, Rey and Tirole, 1998a,b) to include income effects in call demand. Income effects imply that call demand depends also on the subscription fee, not only on the call price. In the standard case of differentiated networks, weak income effects are enough to deliver results in line with stylized facts: The networks have an incentive to agree on high mobile termination rates to soften competition. They charge a higher price for calls outside (off-net) than inside (on-net) the network. This vindicates the use of (a perturbation of) the workhorse model of network competition

On the Economics of Industrial Safety

Diabetic foot complications are associated with substantial costs and loss of quality of life. This article gives an overview of available and emerging devices for the monitoring of foot temperature as a means of early detection of foot disorders in diabetes. The aim is to describe the technologies and to summarize experiences from experimental use. Studies show that regular monitoring of foot temperature may limit the incidence of disabling conditions such as foot ulcers and lower-limb amputations. Infrared thermometry and liquid crystal thermography were identified as the leading technologies in use today. Both technologies are feasible for temperature monitoring of the feet and could be used as a complement to current practices for foot examinations in diabetes.Original Publication: Kerstin Roback, An overview of temperature monitoring devices for early detection of diabetic foot disorders, 2010, EXPERT REVIEW OF MEDICAL DEVICES, (7), 5, 711-718. http://dx.doi.org/10.1586/ERD.10.35 Copyright: Expert Reviews http://www.expert-reviews.com/</p

Market Competition, Institutions, and Contracting Outcomes: Preliminary Model and Experimental Results

Contracts, Competition, Market Power, Enforcement, Institutions, Agribusiness, Industrial Organization, Institutional and Behavioral Economics, Production Economics, C91, D02, D43, D86,

Exploring Environmental-Economic Benefits from Agri-Industrial Diversification in the Sugar Industry: An Integrated Land Use and Value Chain Approach

The sugar industry in Queensland (Australia) is confronted with increasing economic pressure and environmental constraints. To explore whether agri-industrial diversification of the sugar industry provides a sustainable development pathway for the region, we develop a spatial environmental-economic approach that integrates a land use and value chain model with a hydrological model. Results indicate that agri-industrial diversification can lead to substantial increases in regional income, while at the same time increasing the resilience of a sugar industry facing decreasing sugar prices. Agri-industrial diversification drives land use diversification, which under current sugar prices does not lead to a reduction in sugarcane production. Water quality benefits from this land use diversification are mixed, and depend on the economic viability and erosion characteristics of the concerned production systems.spatial economics, environmental economics, value chains, agri-industries, water quality, Environmental Economics and Policy, Land Economics/Use, C6, O18, Q13, Q53,

Abstracts of Selected Papers, NAREA Annual Meetings, Burlington, Vermont, June 7-10, 2009

Agribusiness, Agricultural and Food Policy, Agricultural Finance, Community/Rural/Urban Development, Consumer/Household Economics, Crop Production/Industries, Demand and Price Analysis, Environmental Economics and Policy, Farm Management, Financial Economics, Food Consumption/Nutrition/Food Safety, Food Security and Poverty, Health Economics and Policy, Industrial Organization, Institutional and Behavioral Economics, International Development, International Relations/Trade, Labor and Human Capital, Land Economics/Use, Livestock Production/Industries, Marketing, Political Economy, Production Economics, Productivity Analysis, Public Economics, Research and Development/Tech Change/Emerging Technologies, Research Methods/ Statistical Methods, Resource /Energy Economics and Policy, Risk and Uncertainty, Teaching/Communication/Extension/Profession,

ARER Guidelines for Manuscript Submission

Agribusiness, Agricultural and Food Policy, Agricultural Finance, Community/Rural/Urban Development, Consumer/Household Economics, Crop Production/Industries, Demand and Price Analysis, Environmental Economics and Policy, Farm Management, Financial Economics, Food Consumption/Nutrition/Food Safety, Food Security and Poverty, Health Economics and Policy, Industrial Organization, Institutional and Behavioral Economics, International Development, International Relations/Trade, Labor and Human Capital, Land Economics/Use, Livestock Production/Industries, Marketing, Political Economy, Production Economics, Productivity Analysis, Public Economics, Research and Development/Tech Change/Emerging Technologies, Research Methods/ Statistical Methods, Resource /Energy Economics and Policy, Risk and Uncertainty, Teaching/Communication/Extension/Profession,