Officially known as the Act of June 16, 1933
Authorized the President of the United States to regulate industry, permit cartels andmonopolies in an attempt to stimulate economic recovery
http://www.yo%utube.com/watch?v=WJTxhz2dBCk
National Labor Relation Act (Wagner Act)
Law that limits the means with which employers may react to workers in the private sector that create lab
among rational players produce outcomes with respect to the preferences (or utilities) of those players, none of which might have been intended by any of them.
Oligopoly
Few sellers offering similar or identical products
Interdependent firms (related to GT)
Best off cooperating andacting like a monopolist by producing a small quantity of output and charging a price above marginal cost
Ⅱ-1 Trustworthiness of the Internet Trading Partner at EBay
EBay Rating System
EBay, already taking into consideration the importance of reciprocal trust between buyers and sellers from the beginning of the business, EBay had established some trust gadgets to build trust among them. EBay had a feedback rating system in which buyers can give positive, negative, or neutral ratings to sellers
and appreciation of public assets. The public interest embodied in the goal for establishment of public enterprises that regulate the economy and achieve the development of all aspects of the national economy.
Public enterprise has both economic goals and goals of social and public. The economic goals that support social and public goals. Public enterprises are monopolies and pillar industries o
Act : This act, passed in 1914, prohibited the acquisition of the stock of a competing company if such an acquisition would "substantially lessen competition."
이 법령은 1914년도에 통과 되었으며 만약 경쟁기업의 주식 취득이 잠재적으로 경쟁을 줄일 때 경쟁기업의 주식 취득을 금지하는 법령이다
60. Clean float : A floating exchange rate system