Software piracy refers to the illegal use of software by end users. The Business Software Alliance (BSA) in its 2002 annual report states that 40% of business software installed on computers is pirated, resulting in $11 billion in losses (BSA 2002). Given that piracy is ubiquitous in software markets, managers need to consider it in their marketing decisions. While piracy on a large scale is cl...

Under the competitive global business environment, businesses concentrate on technological advancements which are critical for boosting their levels of productivity, increasing profits, and gaining market share. As one of technological advancements, cloud computing has gained momentum during the last few years by service providers who offer technological resources that were only available by de...

Marine protected areas (MPAs) that exclude fishing have been shown repeatedly to enhance the abundance, size, and diversity of species. These benefits, however, mean little to most marine species, because individual protected areas typically are small. To meet the larger-scale conservation challenges facing ocean ecosystems, several nations are expanding the benefits of individual protected are...

This study examines the relationships between firm and industry characteristics and firms’ abnormal stock market returns accompanying the announcement of technology licensing deals. In particular, I examine the fit among firms’ licensing activities, their resource endowments, and their industry context, and develop hypotheses on its impact on abnormal stock market returns after licensing deals....

1 During the last decade the role of the public sector in the financing of infrastructure projects has changed radically, both in developed and in emerging economies. On the one hand, budgetary constraints are now more restrictive. On the other hand, it is also widely accepted that the private management of public projects generates efficiency gains. 1 As a consequence, the role of the public s...

We discuss large but finite linear production games or market games. These games represent markets such that the agents decompose into finitely many disjoint groups each of which holds a corner of the market. In such a market most solution concepts like the core, the Shapley value, or the Walrasian equilibrium tend to favor the short side of the market excessively. That is, in the replicated li...

This simple paper models the production allocation choices of a multinational enterprise (MNE) in a three-country framework -a northern country and two southern countries. The products made in the southern countries are of lower quality, and have higher substitutability than those between the south and the north. We investigate how exchange rates affect production, employment, profits and welfa...

What are the respective roles of the public and private sectors in drug development? This question is at the heart of some policy proposals, such as those that would give the government a share of profits from drugs at least partly developed with federal research dollars. This paper provides empirical data on these issues, using information included in the patents on drugs approved between 1988...

By the mid-1990s, Georgia had lost de facto jurisdiction in most of Abkhazia and South Ossetia. Over time, informal trade originating during wartime burgeoned into networks of profit, enlisting a broad spectrum of actors. Scholars have suggested that networks of profit should either eventually harden into state institutions or weaken the state as a result of the economics of deliberate violence...

Climate engineering, or geoengineering, refers to large-scale climate interventions to lower the earth's temperature, either by blocking incoming sunlight or removing carbon dioxide from the biosphere. Regarded as ‘technofixes’ by critics, these strategies have evoked concern that they would extend the shelf life of fossil-fuel driven socio-ecological systems for far longer than they otherwise ...