According to many business publications, firms that experience information security breaches suffer substantial reputational penalties. This paper examines incidents in which confidential information - for a firm's customers or employees - is stolen from or lost by publicly traded companies....

This book has three main objectives: (a) to discuss the main implications that consumers' inability to make rational choices can have on the functioning of second pillars, (b) to describe how jurisdictions have tried to address these problems through ad hoc policy interventions, and (c) to...

We contrast the stability of legal and political definitions of equality, with a particular emphasis on gender equality, and on the ?newspeak? of political and economic debates about diversity. The article examines the role of diversity in the legal and political fields in order to unpack...

For over two decades, the Foreign Corrupt Practices Act (quot;FCPAquot;) and, more recently, the Organization for Economic Cooperation and Development Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (quot;OECD Conventionquot;) have delineated to...

Entry restrictions are a common form of regulation in markets and occupations, either as a means of limiting the size of a market or affecting the quality of products or services provided by it. This paper analyzes demand, cost and informational characteristics that affect the impact of this...

There is little consensus as to the cause of the housing bubble that precipitated the financial crisis of 2008. Numerous explanations exist: misguided monetary policy; a global savings surplus; government policies encouraging affordable homeownership; irrational consumer expectations of rising...

In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the option of selling to an incumbent increases innovation...

We study how substitutability between clean and dirty alternatives affects the effectiveness of environmental regulation in a field experiment that controls for the choice set of respondents. We consider four product categories with clean and dirty alternatives: (i) cola products in plastic...

In industries with network effects, incumbents' installed bases create barriers to entry that discourage entrepreneurs from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the option of selling to an incumbent increases the...

El presente escrito explica cómo ha incidido la implementación y certificación de la norma ISO 9000:2000 en algunos países y en Colombia. Este cuestionamiento se centra dentro de la disciplina de la producción y de la calidad. Se mencionan de forma general algunas experiencias particulares...