Producers can leverage their bargaining power vis-'a-vis consumers by entering bargaining with debt. We discover novel general-equilibrium effects of such strategic debt by developing a money-search framework featuring heterogeneous consumers. Debt distorts trade along two margins: it destroys...

"For entrepreneurs in the creative fields, decision making is both a necessity and an art. Applying creativity to strategic decisions requires skills developed over time. This textbook provides arts entrepreneurship students a series of case studies centering on decision-making models applicable...

Our study examines how individuals perceive the moral agency of artificial intelligence (AI), and, specifically, whether individuals believe that by involving AI as their agent, they can offload to the AI some of their responsibility for a morally sensitive decision. Existing literature shows...

Chapter 1. Introduction to the topic and definition of research hypotheses -- Chapter 2. Theoretical framework -- Chapter 3. From governance to destination governance -- Chapter 4. Destination management and the actors in mice industry -- Chapter 5. Territorial governance in the mice industry: a...

We model the competition between digital forms of fiat money and private digital money (PDM). Countries strategically digitize their fiat money -- upgrading existing or launching new payment systems (including CBDCs) -- to enhance adoption and counter PDM competition. A pecking order emerges:...