When externalities are present, decisions optimal for the person making them are not necessarily optimal for society. So what can be done about them?
How gatekeeping by the China Film Group is altering the dynamics of Hollywood blockbusters in China.
In a bid to prevent users from venturing out of their proprietary environment, Alibaba and Tencent are aggressively adopting a walled garden strategy.
The price you are able to command for your services doesn’t just depend on how much customer value you create.
Liquor tax in China is lower than in most other countries. Prof Brian Viard on whether there is a case for raising it.
CKGSB professor Brian Viard on why Chinese banks are resorting to paying bank interest through Mercedes Benz cars, iPhones and even vegetables.
Examining the possible reasons behind the merger of two Chinese train manufacturers, China CNR Corp. and CSR Corp.
What industry incumbents can learn from the forces that guide market entry.
By using the principle of opportunity cost, Chinese companies can make better investment decisions.
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. An important component of these reforms is an increase in market competition.While the Central Committee is perhaps thinking primarily of the […]