Young Innovative Companies (YICs) recently gained attention in economic literature and in European policy. YICs are small, young and highly intensively engaged in innovation activities. Due to these…
In this article, we examine the universal service obligation for telephone directories. In most countries, this obligation consists of two parts. First, publishers must offer a comprehensive directory, including…
Since the first decades of the 20th century scholarly activity in economics has expanded rapidly. Indeed, the cumulative stock of journal articles in economics has doubled every fourteen years. A century ago,…
Resale price maintenance (RPM) arises when a manufacturer fixes the price at which retailers resell the manufacturer’s products. There is wide consensus among policymakers and economists that RPM can facilitate…