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Tisdell, Clement A.. |
Relationships between bounded rationality and transaction cost theories are discussed and their connections with stochastic theories of industrial evolution are considered. While these theories have their limitations, they are useful but have been ignored in many public policy prescriptions, especially those involving markets. For example, as discussed, these theories have failed, on the whole, to influence competition policy and the design of more efficient systems for public administration (contracting out, labour contracts for public employment, adoption of the user-pays principle and use of performance budgeting and accounting), as well as in policies to remove market frictions. The result may be less efficient systems than otherwise achievable and... |
Tipo: Working or Discussion Paper |
Palavras-chave: Bounded rationality; Competition policy; Evolutionary theory; Market dynamics; Public administration; Transaction costs; Public Economics; D23; H11; I20. |
Ano: 2004 |
URL: http://purl.umn.edu/90531 |
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Mili, Samir. |
Available information indicates that the future competitive scenario for EU olive oil will be shaped by the market dynamics and business strategies, and the ongoing agricultural and trade policy reforms (CAP reform, WTO Doha Round negotiations, regional and bilateral trade agreements). Based on this premise, the purpose of this contribution is to present an overall evaluation of the market change and policy reform processes affecting the EU olive oil sector, pointing out the main strengths, weaknesses, opportunities and threats (SWOT) that can be associated to their present and expected evolution. The analysis is performed with a systemic approach to market and policy changes, under the general hypothesis that these are governed by a series of economic and... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Globalisation; Market dynamics; Business strategies; Agricultural and trade policy reform; EU olive oil; SWOT analysis; Agribusiness. |
Ano: 2006 |
URL: http://purl.umn.edu/10099 |
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