This volume considers the impact of competition policy on economic behaviour in the world's two largest economic areas.

A comprehensive exposition of rational expectations models is provided here, working up from simple univariate models to more sophisticated multivariate and non-linear models.

The authors present a basic model of the Bayesian implementation problem and then consider its application in areas including classical pure exchange economies, public goods provision, auctions and bargaining.

These volumes consider empirical and policy aspects of labour economics.

Considers the role of economics in discussions about the depletion of finite stocks of natural resources including oil.

Examines policy design when the policy maker in imperfectly informed, focusing on cases where the regulated firm possesses better information about its technology than the regulator.

Discusses the theory of labour-managed firms or producers' cooperatives, and of economies companies principally of such firms.

Considers such issues as the effect of local government policies on migration, the optimal size of cities, tax and expenditure capitalization, the economics of intergovernmental transfers, tax exporting and tax competition.

A state of the art overview of theoretical and empirical aspects of housing market research.

This section explores some of the key macroeconomic issues facing developing countries and looks at applications of the new institutional economics to the agrarian sector in less developed economies.