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Edited by Mattias Finger and Torben Holvad

This book concerns the regulation of transport within a European context, covering air, inland waterways, rail, road passenger and freight, urban public transport, and short sea shipping. All these sectors have experienced substantial changes over the last two decades, in terms of ownership, competition and liberalisation, and the book explores the main transformations and their impacts. The authors address these issues, with a specific focus on the effects of the organisation and regulation of transport systems on their performance. They also provide timely policy recommendations, including possible European future policy initiatives.
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Roger E. Backhouse

challengers to the new orthodoxy, were on the defensive. Ongoing debates between the new Keynesians and their new classical or real-business-cycle counterparts laid the foundations for what Goodfriend and King (1997) called the ‘new neoclassical synthesis’, summed up in Michael Woodford’s Interest and Prices (2003). It was this second revolution, sometimes called a ‘counter-revolution’, on account of its restoration of a classical orthodoxy, that was called into question by the financial crisis of 2008.2 The aim of this chapter is to compare these two revolutions

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Edited by Marcel Boumans and Matthias Klaes

This collection of eminent contributions discusses the ideas and works of Mark Blaug, who has made important and often pioneering contributions to economic history, economic methodology, the economics of education, development economics, cultural economics, economic theory and the history of economic thought. Besides these assessments of Blaug’s influence and impact in these fields, this volume also contains a selection of personal portraits which depict him as a colleague, a friend and an opponent. Blaug was also a voracious reader and prolific writer, which is clearly evidenced by the comprehensive bibliography.
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Beyond vertical interventions

Breaking the Taboo

Marco R. Di Tommaso and Stuart O. Schweitzer

7. Beyond vertical interventions POLICIES FOR GROUPS OF INDUSTRIES The Health Industry Health care reform has been one of the most debated and visible projects of President Obama. Of course President Obama’s interest in health reform was not new for the country, as literally dozens of plans and programs have been proposed to increase access to health care and reduce its cost, starting during the Great Depression. A common problem has been that, until President Obama, no president had a sufficient mandate to enact comprehensive health system reform. What then

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A vision for the EU gas target model: MECO-S

Regulation, Supply and Demand

Jean-Michel Glachant

this a lesser problem because on the one hand exchanges should have a natural interest in participating in market coupling because it can further their business and on the other hand, exchanges are (although subject to network economics) not natural monopolies. So if the dominant exchange for a market does not want to cooperate on a voluntary basis, maybe another one will or even TSOs might take over that task. The following subsection deals with the first issue of supporting and not preventing the model in the Framework Guidelines. It lists – per Framework Guideline

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Frank Thompson

individual that are not (or not at all easily) mutable by that individual but which can have profound effects—for example, confer advantages and disadvantages—on that individual. Such properties are morally arbitrary in the simple sense that an individual cannot reasonably be held morally responsible for having (or for the consequences of having) such characteristics. Paraphrasing Rawls’s related metaphor, we are all participants in social and natural lotteries we did not choose to play. Our individual starting points, opportunities, and outcomes depend in part on a social

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David J. Berri, Brad R. Humphreys and Robert Simmons

side’. In his book, Lewis suggests that Oher’s skill in preventing his quarterback from being sacked was somehow scarce and special. The natural question that follows is whether this specificity of job task generates a salary premium to the worker. We address this question below. We also address three related questions: what is the salary penalty for poor performance, as indicated by penalty yards and sack yards given up? What is the salary return to size? And what is the salary return on draft position? THE SALARY MODEL The model of player salaries used here

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The Gobitec solar array

Politics, Hubris and Energy Security

Benjamin K. Sovacool and Christopher J. Cooper

, Mongolian, or Japanese companies yet”. Existing large-­scale solar projects almost universally have required government-­backed loan guarantees. Private financing simply will not work since financial markets are not presently able to underwrite the kind of debt that these very large projects require. Generally, very large capital projects like desert solar arrays require contract terms (length and interest rates) that most banks could not offer presently.58 It is likely, therefore, that Gobitec will require loan guarantees or special state-­sponsored financing terms

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Pauline Dixon

This fascinating volume challenges the widely held belief that the state should supply, finance and regulate schooling in developing countries. Using India as an example, Dr. Pauline Dixon examines the ways in which private, for-profit schools might serve as a successful alternative to state-run systems of education in impoverished communities around the world.
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Kari Elkelä and Heikki Nikali

customized based on his or her areas of interest. Transcoding enables the reshaping of message content so that it can be interpreted and read using new or different communication devices that are taken into use (Meikle and Young, 2012, pp. 15–16). The progressive nature of digital technology has enabled diverse media convergence. With regard to technology, messages can be transmitted over diverse systems and the same message can be converted so that it is compatible with multiple systems. With crew.indb 394 03/01/2013 08:40 Social media challenges the entire postal