Compliance of business processes has gained importance during the last years. The growing number of internal and external regulations that companies need to obey has led to this state. This paper presents a practical concept of ensuring compliance during design time of customizable business processes. We introduce the concept of a business process template that implicitly contains compliance co...

Critical business processes can fail. A Business Continuity Management System is a special management system that will define how to recover from such failures and specifies temporary work-arounds to make sure a company is not going out of business in the worst case. However, because today’s implementations are primarily organizational best-practice solutions, their security, risk and complianc...

Recently, several approaches have been developed to check process models for compliance with laws and regulations. In this paper a contribution is made with respect to reducing the complexity of compliance checking by partially automating business process compliance (BPC) checking. We present a model checking approach that is able to check process models for BPC. In particular, we apply a gener...

This paper investigates whether the efficiency effect of product market dispersion is a function of the infrastructural and policy environment. We hypothesize that more developed transportation and communication infrastructure and lower government regulation may reduce transaction costs, intensifying the competition associated with a given market structure, and we use data from the recently lib...

Imagine a world where government regulation of gasoline, justified by scarcity of supply, allowed 20% of the gasoline in the U.S. to be used for farming; 20% for manufacturing; 20% for home use; 20% for government; and another 20% held in reserve for future potential government uses. In this world, prices would regulate the use of gasoline within each sector, but consumers would pay vastly diff...

Propelled by a national concern with social justice and health disparities, the notion of cultural competency is being incorporated into both government regulation and professional standards. Although most of the standards that are being developed nationally apply at the institutional level, it is in the clinical setting where the expectation of cultural competency is the most demanding. The re...

This feature explores the operation of individual markets. Patterns of behavior in markets for specific goods and services offer lessons about the determinants and effects of supply and demand, market structure, strategic behavior, and government regulation. Suggestions for future columns and comments on past ones should be sent to James R. Hines Jr., c/o Journal of Economic Perspectives, Depar...