When externalities are present, decisions optimal for the person making them are not necessarily optimal for society. So what can be done about them?
China Film Group and the Art of Playing Favorites in China’s Movie Market
How gatekeeping by the China Film Group is altering the dynamics of Hollywood blockbusters in China.
Alibaba, Tencent and Walled Gardens: History Repeats Itself
In a bid to prevent users from venturing out of their proprietary environment, Alibaba and Tencent are aggressively adopting a walled garden strategy.
Creating Customer Value is Not Enough
The price you are able to command for your services doesn’t just depend on how much customer value you create.
Should the Liquor Tax in China be Higher?
Liquor tax in China is lower than in most other countries. Prof Brian Viard on whether there is a case for raising it.
When your Bank Interest is a Basketful of Vegetables
CKGSB professor Brian Viard on why Chinese banks are resorting to paying bank interest through Mercedes Benz cars, iPhones and even vegetables.
Railroaded? The Logic Behind Merging Two Chinese Train Manufacturers
Examining the possible reasons behind the merger of two Chinese train manufacturers, China CNR Corp. and CSR Corp.
Learning from Market Entry: Keep Your Entrants Imaginary
What industry incumbents can learn from the forces that guide market entry.
Deciding to Invest in Something? Bear in Mind the Opportunity Cost
By using the principle of opportunity cost, Chinese companies can make better investment decisions.
Will Competition Work in Chinese Industries?
Can increased competition in Chinese industries help the country meet its goals for greater reforms? During last November’s Third Plenum, the party’s Central Committee unveiled a blueprint for reform to drive greater economic growth in China.[1] An important component of these reforms is an increase in market competition.While the Central Committee is perhaps thinking primarily of the […]
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