We examine the relation between optimal venture capital contracts and the supply and demand for venture capital. Both the composition and type of financial claims held by the venture capitalist and entrepreneur depend on the market structure. Beside, different market structures involve different...

If we are to understand series such as the first U.K. version of Big Brother as events, rather than just as texts or production processes, we need to draw on anthropological theory, for example, Dayan and Katz's theory of media events. This article develops an anthropologically informed argument...

Several countries in eastern Europe may accede to the European Union in about two years time, making them candidates to join Europe's single currency from 2006. Some well-known economists have advocated that countries in eastern Europe adopt the euro now either unilaterally or by prior...

Women work much more in the US than in Germany and most other EU economies. We find that the US¿German employment gap is not strongly related to cross-country differences in the level of pay or social benefits. The difference in employment is due to the different marketization of activities...

Many if not most markets with network externalities are two-sided. To succeed, platforms in industries such as software, portals and media, payment systems and the Internet, must “get both sides of the market on board”. Accordingly, platforms devote much attention to their business model,...

Alternative media should not be marginal, but central, to the developing agenda of media and communication studies, because they challenge the massive concentration of 'symbolic power' (Bourdieu) in mainstream media institutions and the resulting 'exclusion' of most people 'from the power of...