Existing research suggests that democracy fosters economic globalization by promoting trade liberalization in the developing world. We argue that democracy in developing countries generates a “skill bias” in trade protection where democratic incumbents have incentives to increase tariffs on high skilled goods but reduce trade barriers on low skilled goods. Our model analyzes how electoral compe...

With the development of information and communications technology (ICTs), Internet has been one of the major driving forces of the new economy. Nevertheless, access to the new technology remains extremely unequally distributed across and within societies, and there have a good deal of popular discussions about this “digital divide” in academia and business communities of every society. This stu...

John Searle has argued that all perceptual experiences are token-reflexive, in the sense that they are constituents of their own veridicality conditions. Many philosophers have found the kind of token-reflexivity he attributes to experiences, which I will call causal token-reflexivity, unfaithful to perceptual phenomenology. In this paper, I develop an argument for a different sort of token-ref...

In today’s new economy characterized by industrial change, globalization, increased intensive competition, knowledge sharing and transfer, and information technology revolution, traditional classroom education or training does not always satisfy all the needs of the new world of lifelong learning. Learning is shifting from instructor-centered to learner-centered, and is undertaken anywhere, fro...

The developments of the Digital Economy will have a fundamental impact on the structures and processes of economic systems. Within this new economy the importance of the creation and maintenance of a relationship between a customer and a supplier is increasing, but the way to handle this relationship is changing. Therefore, we focus on the upcoming challenges to relationships between suppliers ...

Incentive strategies are used in collaborative user-centric networks, the functioning of which depends on the willingness of users to cooperate. Classical mechanisms stimulating cooperation are based on trust, which allows to set up a reputation infrastructure quantifying the subjective reliance on the expected behavior of users, and on virtual currency, which allows to monetize the effect of p...

A theory is presented which predicts that performance will stabilize at an equilibrium level in a long-term token economy. This prediction is based on the joint consideration of consumption schedules (relationships between income and expenditure) and a hypothesized critical range of savings (a range of savings above which performance deteriorates and below which performance improves). Procedure...