the process by which countries lose importance and status because they are unable to participate in mainstream activities such as industrialization or the Internet economy
Wiktionary Definition for: Marginalization
The act of marginalizing or something marginalized
While globalization enhances the potential welfare of all human beings, this essay argues that it can - and indeed may have a natural tendency to - cause some people, communities and even nations to get marginalized. To counter this tendency and to reap the full benefits of globalization we need...
This paper analyses the welfare effects of vertical integration of networks and trade in energy markets. Vertical integration reduces the effect of double marginalization, thus increasing welfare. On the other hand, vertical integration hinders equal competition, rendering the vertically integrated supplier a competitive advantage. It finds that the net effect...
The common wisdom is that a retailer suffers when its wholesale supplier encroaches on the retailer's operations by selling directly to final consumers. We demonstrate that the retailer can benefit from encroachment even when encroachment admits no synergies and does not facilitate product differentiation or price discrimination. The retailer benefits...
Agricultural production is becoming more like manufacturing in the routinization of processes, the extent to which raw materials are processed, capital intensity, and its emphasis on throughput. Some ascribe the changes to demand-side factors while others look to technological innovations. Emphasizing cost seasonality as a reference indicator for nature's role...
This paper derives explicit demand functions for the durable good and extended warranty from a traditional model of consumer utility. This derivation explicitly captures the complementary goods flavor of extended warranty. It then investigates the impact of different distributional arrangements commonly observed in the marketplace for market outcomes and manufacturer...
This paper analyzes the impact of supply-side externalities existing among downstream retailers on supply chain performance. Namely, multiple retail firms face stochastic demand, purchase the product from the upstream wholesaler, and make stocking decisions that affect all other retailers in the same echelon. Two sources of inefficiencies exist in such...
BOSTON -- RF Micro Devices, the leading cellular handset power amplifier vendor, recently revealed to Strategy Analytics details of its plan to combat the marginalization of the Power Amplifier PA, as described in the Strategy Analytics report, "Quest for Profitability Leads RF Micro Devices Away from GaAs." With 44 percent...
Nasdaq dealers have lost their long-held ability to control the spread and maintain their accustomed profitability. That's because new market regulations allow the buyside, or non-dealer trading naturals', to place limit orders into the Nasdaq quote Nasdaq dealers have lost their long-held ability to control...
Geoffrey Moore, author of the pathbreaking and essential business book Crossing the Chasm, just blogged about the Davos '07 theme "The Shifting Power Equation." Moore says:The shift from computing to communications also has profound implications for the redistribution of power. As the Internet continues to work its transformation of the...
Geoffrey Moore, author of the pathbreaking and essential business book Crossing the Chasm, just blogged about the Davos 07 theme "The Shifting Power Equation." Moore says:The shift from computing to communications also has profound implications for the redistribution of power. As the Internet continues to work its transformation of the...