—Software development based on Commercial Off-the-Shelf products is subject to multiple sources of uncertainty. One potential source of uncertainty is the license costs of the COTS product used in the system. The management of such uncertainty requires strategies that effectively mitigate the underlying risk with minimal impact on the economic value generated. This paper presents such a strateg...

Willingness to risk is an important characteristic of entrepreneurship and a crucial factor for economic growth and economic development. An experimental study has been performed that demonstrates that people can use even a single old episodes from their own experience where they acted in a risky manner and benefited from that and chose by analogy to act risky in a new situation. Moreover, it h...

This paper examines how a country’s organization of its financial activities its financial structure affects how corporations invest and raise funds. We provide an analysis of how financial structure affects economic growth for a given degree of financial and economic development. Differences in the organization of financial activities are shown to affect the creation of new businesses as well ...

Infrastructure is indispensable to achieve the main development targets in developing countries, such as urbanization, industrialization, export promotion, equitable income distribution, and sustainable economic development. Late developing countries can benefit from previous development experience provided they choose the right model. However, the relationship between infrastructure and econom...

The use of natural resource revenues for achievement of development has been a challenging issue for resource abundant countries. These challenges stem from the fact that incomes from natural resources are non-durable, unpredictable and uncertain. Different countries have pursued various approaches and tools for managing these revenues to avoid economic fluctuations. The international organizat...

Rural development means as overall development of rural areas social, economic, political and cultural so that the people are to lead a pleasant life. Agriculture plays the most important and decisive role in rural development. Infect, nobody can deny this fact that most of the population in India is still living in villages and their livelihood is depending on agriculture. Therefore, we rightl...

BACKGROUND AND AIMS Few studies about compulsive buying consider the economic framing situation. This study is concerned with the impact of different economic environments - the crisis in Greece vs. the boom in Turkey - on compulsive buying tendencies of students, while taking the role of gender and available money into account. METHODS Compulsive buying was measured by a Greek and Turkish tr...

While energy especially oil, crises and economic integration have been playing an important role indevelopment and growth in East West Asia economies and their intertwining relations, only limitedquantitative research on their impact has been carried out and reported for improved debate andcredible policy use. This paper uses an econometric modeling innovation with features superior toexisting ...