Dr. Christian Reiner, Senior Researcher at LBS, was invited to join a research group on “Oligopoly, Stagnation and Power” at the Vienna University of Economics and Business. The research group consists of approx. ten economic researchers from different institutional backgrounds aiming to explore possible futures of capitalism while taking into account the rising concentration in a large number of markets, the resulting higher power of firms, slow economic growth and the possible relationships between these phenomena. Internet companies such as Google or Facebook were especially but not exclusively able to dominate global industries. These developments are not just a problem for other, less powerful firms and customers, but also for society and democracy. Economic history demonstrates that sooner or later countervailing powers may emerge and challenge the influence of large and politically influential corporations.

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Credits: US Census Bureau, The Economist

Four meetings in this summer term will be devoted to the discussion of scientific papers written by the members of the research group.  Dr. Reiner will present a paper on the determinants and trends of rising corporate power within the last two decades. The paper is co-authored with Christian Bellak, professor at the Vienna University of Economics and Business Administration, Institute for Economic Policy and Industrial Economics. One of the interesting questions from a public policy point of view is how society can enjoy gains from the existence of large firms (such as economies scale or research and development) without the risk of being exploited by the very same multinational companies.



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LATEST NEWS

Welcome to LBS

We are very pleased to announce the beginning of the new academic year 2018/2019 on October 4!

The LBS faculty and staff wish all our new and returning students a good start! We hope that you have refilled your energy reserves during the summer and that you are now ready for the new challenges to come.

A very special welcome to all our new students joining the LBS academic community this year. We are excited to meet you at our Orientation and Welcome Day!

The Economics of Climate Change

Christian Reiner, senior researcher at LBS, was invited by the Carinthian Economic Society (Volkswirtschaftliche Gesellschaft Kärnten) to deliver a talk on the economics of climate change. About 100 visitors attended the talk on October 3rd 2019 in Klagenfurt, Carinthia’s capital. Mr Reiner stressed the economic case for ambitious climate policy as well as the chances for business.

Master Class of 2019 – Congratulations!

On September 20, we were delighted to welcome many proud families and friends to the Lauder Business School campus for a Masters graduation ceremony. The ceremony started with a welcoming speech by our Executive Director Alexander Zirkler in the beautiful baroque LBS ballroom. In his address, he highlighted the international quality of both our Master programs and drew the parallel: “The value of your diplomas will increase in time like the value of a good painting.”

Blockchain Seminars – Be One Step Ahead

Whether you are a technical person, a business individual or simply interested in future technologies and the latest trends, our program gives you expert insights into this vibrant field and guides your path to becoming a Blockchain professional.

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