Resource Allocation and Institutions:

Explorations in Economics, Finance and Law

Edited by John Roufagalas
ISBN:
960-6672-01-8, 670 pages, Hardback
First published in 2006 by ATINER

Price: Paperback: 60€ (It includes Shipping and Handling) Hardcover: 100€ (It includes Shipping and Handling)

Electronic copy: 30€

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Table of Contents

 

 

List of Contributors

 

 

 

              xi           

 

 

 

 
Part I
 

 

 

 

 

Introduction

               1

 

 

 

 

Methodology

 

 

1.

The Quest for Generalized Statements

Erik Maaløe

 

13

2.

A Generic Model for Decision Making

Thomas W. De Boer and Hans H. Van Uitert

29

 

 

 

 

Growth and Development

 

 

3.

A Savings Subsidization System in a Model of Endogenous Fertility and Endogenous Growth

Chong Mun Ho and Brian Dollery

 

45

4.

The Role of Inclination Towards Education in the Development of African Countries: A Macroeconomic Framework

Giovanni De Giglio, Antonia Rosa Gurrieri, Marilene Lorizio and Annamaria Stramaglia

 

57

5.

Land Reform with Human Capital: A New Analysis Using the Theory of Economic Growth and the Theory of the Firm

Miguel Rocha de Sousa

 

Macroeconomics

 

69

6.

Spain´s Unemployment Miracle: Was it an Institutional Story?

Gayle Allard

 

             93

7.

How Productive is Government Employment in Europe? Evidence from a Sample of EU Countries

Georgios Karras

 

Markets, Regulation and Competition Law

 

105

8.

Public Undertakings and the Limits of Competition Law

Koen Byttebier and Piet Vandoolaeghe

 

           121

9.

Analysis of the Models of Competition between Firms in Slovenia

Tomaž Čater

 

139

10.

Crisis in California´s Electricity Market: Supply Problems Lessons for Spain

María Teresa García Álvarez, Rosa María Mariz Pérez and Nuria Calvo Babío

 

161

11.

Regulatory and Competition Law Approaches to Competition Problems Related to Access Pricing in the Telecommunications Sector

Milena Stoyanova

179

 

 

 

 

 Monetary / Financial Sector

 

 

 

 

 

Corporate and Securities Institutions

 

 

 

 

12.

Regulations on Financing and the New Institutional Economics

Agust Einarsson

 

201

13.

Sarbanes-Oxley and the Eighth Corporate Directive: A Global Convergence of Corporate Governance? The Case of Non-Audit Tax Services

Richard Thompson Ainsworth

 

217

14.

Three Challenges Ahead for the New EU Securities Regulation Directives

Iris H-Y Chiu

237

 

 

 

 

Corporate Governance and Control

 

 

 

 

15.

Corporate Governance – Looking Beyond…

M N Tripathi

 

 

255

16.

CEO Risk-Aversion and Option Compensation: An Empirical Analysis

Harikumar Sankaran and Maria Mendez Rodriguez

 

265

17.

Why Have Executive Stock Options Met with Such Success in France?

Jian Wu

 

293

 

18.

 

Analysing the Impact of Cross Cultural Differences in Franco/British Mergers and Acquisitions: A Constraint or the Driving Force in Attaining International Performance Goals?

David Evans

 

311

 

 

 

 

 Capital Markets

 

 

 

 

19.

Franchising and Securitisation: Legal Structures, Problems and Solutions

Tom Burns

 

329

20.

Dematerialization of Mortgage Capital Market Instruments: A Proposal in the Perspective of New Housing Finance System in Turkey

Yakup Ergincan

 

349

21.

Implications of Measuring Var Using Historical Simulation: An Example of Zagreb Stock Exchange Index - CROBEX

Saša Žiković

 

367

22.

Option Pricing with Black-Scholes and GARCH Models: The Case of Greece

Christos Floros

 

389

23.

The Effect of Sovereign Credit Rating Announcements on Emerging Stock Markets: An Event Study

Miroslav Mateev and Atanas Videv

 

405

24.

The Role of Government Debt in Developed Economies

Robert Haney Scott

 

421

25.

Adjusting to Reduced Government Securities in Australia and the Euro-Zone

Julie Gerstman and Anthony Karaminas

433

 

               

 

 

Banking  Issues

 

 

26.

An Econometric Analysis of the Conventional and Islamic Banks Deposits in Malaysia

Remali Yusoff and Rodney Wilson

449

 

 

 

 

Financial Performance

         

 


27.

Value Based Management Approaches to the Corporate´s Financial Performance Analysis

Adriana Knápková and Drahomíra Pavelková

471

 

 

 

 

 
Part II
 

 

 

 

 

Introduction

485

 

 

 

 

Legal Issues

 

 

28.

Liberalization of China’s Legal Services after its WTO Accession: From Taiwan’s Perspective

Shin-yi Peng and Benjamin Y. Li

 

489

29.

Logical Representation of Temporal Aspects in Law

Maria Mach

 

509

30.

A New Layering Framework for Defining Significant Market Power in EC Communications Law?

Rohan Kariyawasam

 

525

31.

Regulation of Water Markets, Right to Water and Privatization

Özgür Can

 

547

32.

Racial Discrimination and the Employment Monitoring Duty: An Assessment of Its Impact on the English and Welsh Police Service

Anne Russell Ruff

 

571

33.

Bundling and Complementarity

Thierno Diallo

 

589

34.

Economic Analysis of Cybersecurity:The Mixed Provision of Private Good

Li Xingan

 

607

 

35.

Winning at Craps:  Are Casinos Vulnerable to State Suits for Social Costs? – A Further Analysis of Causation, Assumption of Risk and Sovereign Immunity

Frank J. Vandall

621

 

 

 

 

635

 

 

 

 

655

36.

Quo Vadis European Trademark Law? Protection of Non-Traditional Trademarks in the European Trademark Law

Anja Schilling

 

 

37.

The Internet Corporation for Assigned Names and Numbers (ICANN) and the Uniform Domain Name Dispute Resolution Policy (UDRP): How Legal Monopolies and Non-Profit Institutions Challenge the Internet and Traditional Notions of Intellectual Property Law

Konstantinos V. Komaitis