Economic Implications of the Braess Paradox in Competitive Markets

2009 ◽  
Author(s):  
Doron Kliger
2010 ◽  
Author(s):  
Jennifer Nieman-Gonder ◽  
Terri Shapiro ◽  
Nimmy Mathew

2008 ◽  
pp. 71-85 ◽  
Author(s):  
A. Shastitko ◽  
S. Afontsev ◽  
S. Plaksin

The article contains a general comparative study of four strategies of social and economic development: "Inertia", "Renter", "Mobilization", and "Modernization". The context for comparison is explanation of correlation between adaptive features of Russia’s contemporary economic system and particularities of the mentioned strategies with corresponding ways of managing economic development problems. The comparison is based on description of strategies essence, ways and tools to achieve results. Perspectives of achieving strategic purposes as well as expected results of implementation of each strategy are shown. Special comparative study of four strategies on the base of development of competitive markets as one of strategic aims of the Russian government is presented.


1965 ◽  
Vol 21 (3) ◽  
pp. 113-118
Author(s):  
Louis T. Rader

2016 ◽  
Vol 13 (2) ◽  
pp. 1-19
Author(s):  
Ndwakhulu Tshishonga

This article examines the socio-economic implications that the controversial sub-culture of skhothane has on the development or underdevelopment of youth at Ekurhuleni and surrounding townships. It interrogates skhothane within the post-modern expressive youth culture. In the township(s) of Ekurhuleni, skhothane is regarded not only as a controversial sub-culture but also as a lifestyle whereby young people compete in acquiring material goods with the ultimate purpose of destroying them. This practice co-exists alongside youth unemployment and underdevelopment which is exacerbated by poverty, rising unemployment and gross inequalities. The author argues that the practice of skhothane sub-culture does not only undermine the policies and programmes aimed at the socio-economic upliftment of young people, but turns the youth into materialistic consumers. In this article, young people are viewed as victims of post-modern lifestyles who are socialised under an intergenerational culture of poverty and underdevelopment. It uses primary data from selected interviews with skhothane members and general members of local communities and secondary sources from books, accredited journals and newspapers.


2019 ◽  
Author(s):  
Shane Timmons

Encouraging consumers to switch to lower-rate mortgages is important both for the individual consumer’s finances and for functioning competitive markets, but switching rates are low. Given the complexity of mortgages, one potential regulatory intervention that may increase switching rates is to provide independent advice on how to select good mortgage products and how to navigate the switching process. Working with a government consumer protection agency, we conducted an experiment with mortgage-holders to test whether such advice alters perceptions of switching. The experiment tested how (i) the attributes of the offer, (ii) perceptions about the switching process, (iii) individual feelings of competence and (iv) comprehension of the product affect willingness to switch to better offers, both before and after reading the official advice. The advice made consumers more sensitive to interest rate decreases, especially at longer terms. It also increased consumers’ confidence in their ability to select good offers. Overall, the findings imply that advice from policymakers can change perceptions and increase switching rates. Moreover, the experiment demonstrates how lab studies can contribute to behaviourally-informed policy development.


2020 ◽  
Vol 32 (2) ◽  
pp. 229-234
Author(s):  
Benjamin Kolb ◽  
John Large ◽  
Stuart Watson ◽  
Glyn Smurthwaite

The authors present a technical note for a prone positioning system developed to facilitate cervical extension osteotomy for ankylosing spondylitis in the presence of severe deformity and frailty. Chin-on-chest deformity represents one of the most debilitating changes of ankylosing spondylitis. Where the chin-brow angle approaches or exceeds 90°, prone positioning becomes problematic due to the fixed position of the head. Furthermore, the challenge is compounded where physiological deconditioning leads to frailty, and the side effects of medical therapies decrease muscle mass and skin quality. Conventional prone positioning equipment is not able to cater to all patients. A versatile system was developed using a 3D reconstruction to enable a positioning simulation and verification tool. The tool was used to comprehensively plan the perioperative episode, including spatial orientation and associated equipment. Three-dimensional printing was used to manufacture a bespoke positioning device that precisely matched the contours of the patient, reducing contact pressure and risk of skin injury. The authors were able to safely facilitate surgery for a patient whose deformity and frailty may otherwise have precluded this possibility. The system has potential safety and economic implications that may be of significant utility to other institutions engaging in complex spinal surgery.


2016 ◽  
pp. 179
Author(s):  
آلاء غالب البشايرة ◽  
أحمد فراس العوران

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