We put forward a plausible explanation of African financial underdevelopment in the form of a bad credit market equilibrium. Utilising an appropriately modified IO model of banking, we show that the root of the problem ...

Appropriate measurement of competitive balance is a cornerstone of the economic analysis of professional sports leagues. We examine the distributional properties of the ratio of standard deviations (RSD) of points percentages, ...

This thesis will examine electronic (debit and credit) card transactions in New Zealand, utilising the Electronic Card Transactions (ECT) statistics from Statistics New Zealand. The aim of this thesis is to test the ...

In conventional wisdom, the reform of British copyright law during the eighteenth century brought an end to the monopoly on the sale of books held by the Stationers’ Company, and the resulting competition was one of the ...