Internalizing market transactions has been seen by New Institutional Economics (NIE) as a means of over-coming transaction costs. Several specific theories have been put forward as to how the presence of such costs (variously defined), or other institutional factors, motivates firms to...

Modernity is usually thought as a complex society with clearly differentiated spheres of everyday life. It means, in particular, that economic rules do not interfere with the norms structuring political, social, scientific and other interactions. The complex, differentiated society sharply...

Modernity is usually thought as a complex society with clearly differentiated spheres of everyday life. It means, in particular, that economic rules do not interfere with the norms structuring political, social, scientific and other interactions. The complex, differentiated society sharply...

This ‘viewpoint’ draws attention to a lingering, simplistic and faulty interpretation of the complex phenomenon of acceptance of renewables and their implementation in concrete projects by all relevant actors—namely the ‘backyard theory’. During the last decade, research that...

Since the mid-1980s, professional accounting bodies, employers of accounting graduates and academics alike have lamented the failure of universities to equip accounting graduates with the competencies required for the modern business environment. Changes to accounting education have been made...

Size of membership, diverging interest because of different stages of development and the depth of regulation undertaken or foreseen in the World Trade Organization (WTO) made the economics and politics of international trade negotiations more complicated. This has repercussions on the...