domestic market after 2001.
- The occupancy rate in world market was only 0.1% since 1975, but in 1996 it increased to 5.4% and it went down to 3.7% in IMF, and finally it improved to 5%.
(2) The organization regulation in process
- After IMF, the mergers & acquisitions occurred between domestic companies.
- The Daewoo took over Ssangyong, Hyundai motor took over Kia, and Renault took o
regulations due to class conflict between workers and capitalists
Individual rational choice approach
Benefits from regulation for workers are possible, but co-operation must be assured by coercion or by the provision of private goods.
Peter Lange’s hypothesis
workers expectations regard both the relative size of the pay-offs of the present game, and their degree of uncertainty ab
II. What Are Credit Derivatives?
Derivatives are defined as the exchange or contract which has economic values deriving from the reference assets or index. According to their types, there are overall forward, future, option, and swap. Derivatives are the financial derivatives, which are enabled to trade in the market while consisting of separating the credit risk only to the holder of basic p
strategy. In telecommunication industry, there are three major companies. They are SKT, LG U+, and KT.
Until recently, these three companies fought each other, because of the government’s regulation.
KT wanted to be the top of their mobile telecommunication industry, so they chose differentiation for their strategy.
Unfortunately, their differentiation strategy did not go well.