Strategic portfolios are asset combinations designed to achieve investor objectives. A unique feature of these investments is that portfolios must be rebalanced periodically to maintain the initially established structure. This paper introduces a methodology to estimate the probability of not...

An increase in market concentration (MC), which refers to a large share of few and large firms in a given sector, is a main concern for governments all over the world since it is believed to affect competition levels and, thus, lead to inefficiencies. It has also captured the attention of...

Purpose In this article, the authors analyse a complex social process affecting historic public paths in rural areas in southern Spain. Despite the fact that urban populations are demanding the enhancement of this type of natural heritage for tourism, sports and recreational use, some parts of...