Whilst the study of resource extraction under uncertainty has a long history in resource economics, there has been less attention paid to endogenous efforts to reduce uncertainty through learning and information acquisition. An unresolved empirical question is the degree to which individual extractors learn from the behavior of other extractors. The question is difficult to resolve because ther...

Nowadays there are more than thirty maturity models in different knowledge areas. Maturity model is an area of interest that contributes organizations to find out where they are in a specific knowledge area and how to improve it. As Information Resource Management (IRM) is the concept that information is a major corporate resource and must be managed using the same basic principles used to mana...