A Free Market Model of a Large Corporation

2020 ◽  
Vol 15 (1) ◽  
pp. 3-10
Author(s):  
Abdulrazak Abyad
2018 ◽  
pp. 27-40
Author(s):  
Raja M. Almarzoqi ◽  
Walid Mansour ◽  
Noureddine Krichene
Keyword(s):  

2020 ◽  
pp. 248-258
Author(s):  
Jonathan Hopkin

This concluding chapter addresses the implications of anti-system politics for the future of capitalism and democracy in the advanced countries. It argues that the current wave of anti-system support reflects the ultimate failure of the project of “market liberalism,” in that the limitations of the market logic have been laid bare by the financial crisis and the inability of the free market model to deliver prosperity and security. The answer to this crisis is likely to involve a reassertion of political authority over the market: either a revival of social democracy, the guiding ideology of the inclusive capitalism of the second half of the twentieth century, or a return to the nationalism and mercantilism of the interwar period.


2017 ◽  
Vol 12 (8) ◽  
pp. 131
Author(s):  
Alessia Berni ◽  
Mariavittoria Cicellin ◽  
Stefano Consiglio ◽  
Luigi Moschera

This article shows the process of creation and evolution of an organizational field. By an in-depth longitudinal analysis, we investigate the field of Temporary Work Agencies in Italy (TWAs). The article focuses on how a field evolves over time. We delineate three phases of evolution - incubation, emergence and development - and we analyse events and the role of actors that have characterized them. Further, we identify the institutional logics that have strongly influenced the strategic and organizational behaviour of the actors involved in the Italian field of TWAs and their interactions. Therefore, to respond to this institutional complexity the actors have tried to influence with both individual and collective actions the logics themselves. The analysis shows that two competing logics have coexisted within the TWA field: the regulation logic, inspired by the social status and welfare, and the de-regulation logic, connected to the liberal and free-market model. Through the longitudinal analysis repeated in four different field studies, we have reconstructed the process of evolution of the field, describing the links between the different phases. Our research contributes to the institutional logic perspective fitting into the discussion on the coexistence of competing logics in an organizational field.


2021 ◽  
Author(s):  
Shane Pepin

Water scarcity is a increasingly important issue in many parts of the world. Population pressures, climatic changes, and general resource management are placing increasing strain on water supplies that provide for ecosystems and economies alike. This thesis addresses the issue of water resource management with an investigation of free market principles to effectively manage end-use demand. A water market is designed for the Southern Ontario region, which consists of a large central population with extensive water use related to industrial, residential and agricultural users alike. A comparison to a traditional centralized utility model is used to measure market dynamics and overall efficacy. The results indicate that a free market system produces economic advantages to a utility model while still demonstrating an ability to reduce demand. The model also suggests that the inclusion of certain end-use functions, such as agriculture, must be examined carefully for a free-market model implementation.


2021 ◽  
Author(s):  
◽  
Allan Kalapa Mbita

<p>In the past two decades economic theories of the 'market' have permeated economic and social sector policies of both developed and developing countries. Market mechanisms have become the main policy option upon which economic and social sector reforms, including tertiary education, have been premised. In this study I have compared trends in contemporary tertiary education policy of two countries: Zambia and New Zealand. Prior to 1980 in both countries education was predominantly a public monopoly and free at all levels. However, in the late 1980s and early 1990s New Zealand and Zambia respectively embarked on radical economic and social sector reforms based on the competitive market model. I have argued that market mechanisms in education policy of both Zambia and New Zealand had their origins in economic theories of the competitive market. These theories gained popularity at a time when countries were going through unprecedented economic difficulties. Thus, although on the surface competitive market policies would seem to suggest that the aim of government was to improve efficiency and accountability and to increase equity and equality of opportunities in tertiary institutions, under conditions of increasing demand on declining public resources and at a time when demand for tertiary education was increasing, it would appear that the long-term intentions of governments in both countries were to reduce public appropriation to tertiary education by transferring part of the responsibility of funding education to institutions themselves and to the beneficiaries of tertiary education. I have also argued that because New Zealand already had a prolific education system in place and a comprehensive student support system it was in a better position to operate its tertiary education system along free market lines. An under-developed tertiary education sector and lack of comprehensive student-aid packages in Zambia have meant that the implementation of market-oriented policies in tertiary education are likely to impact more negatively on the students, education institutions and Zambian society in general.</p>


2019 ◽  
Vol 24 (1) ◽  
pp. 1-38 ◽  
Author(s):  
Michael R. Tehranchi

Abstract The space of call price curves has a natural noncommutative semigroup structure with an involution. A basic example is the Black–Scholes call price surface, from which an interesting inequality for Black–Scholes implied volatility is derived. The binary operation is compatible with the convex order, and therefore a one-parameter sub-semigroup gives rise to an arbitrage-free market model. It is shown that each such one-parameter semigroup corresponds to a unique log-concave probability density, providing a family of tractable call price surface parametrisations in the spirit of the Gatheral–Jacquier SVI surface. An explicit example is given to illustrate the idea. The key observation is an isomorphism linking an initial call price curve to the lift zonoid of the terminal price of the underlying asset.


2021 ◽  
Author(s):  
Shane Pepin

Water scarcity is a increasingly important issue in many parts of the world. Population pressures, climatic changes, and general resource management are placing increasing strain on water supplies that provide for ecosystems and economies alike. This thesis addresses the issue of water resource management with an investigation of free market principles to effectively manage end-use demand. A water market is designed for the Southern Ontario region, which consists of a large central population with extensive water use related to industrial, residential and agricultural users alike. A comparison to a traditional centralized utility model is used to measure market dynamics and overall efficacy. The results indicate that a free market system produces economic advantages to a utility model while still demonstrating an ability to reduce demand. The model also suggests that the inclusion of certain end-use functions, such as agriculture, must be examined carefully for a free-market model implementation.


Sign in / Sign up

Export Citation Format

Share Document