<title>Abstract</title> Despite their increasing importance worldwide, community foundations remain rare in much of East Asia. This comparative analysis of three community-based foundations currently operating in Japan, China and South Korea seeks to understand the role they play and factors that promote or...

This article investigates the nature of the service production choice of local governments. The incentives and constraints embedded in different organizational forms--public, nonprofit, and for-profit organizations--have implications for both production and transaction costs of various...

Several empirical regularities concerning firm growth rates and industry firm-size distributions have been developed by studying primarily mature industries. The primary purpose of this article is to bring together and extend empirical regularities on the evolution of new industries and to use...

Local governments that choose to externally produce a service can contract with other governments, for-profit firms, or nonprofit organizations. This contractor choice is modeled as one in which the local government decisionmaker minimizes service delivery costs, both production and transaction...

This article investigates the nature of the service production of local governments. The incentives and constraints embedded in different organizational forms--public, nonprofit, and for-profit organizations--have implications for both production and transaction costs of various production...

We develop a nonparametric regression-based goodness-of-fit test for multifactor continuous-time Markov models using the conditional characteristic function, which often has a convenient closed-form or can be approximated accurately for many popular continuous-time Markov models in economics and...

In this paper, we consider an inventory–routing problem (IRP) in a large petroleum and petrochemical enterprise group. Compared to many other IRPs, the problem in this paper includes some special aspects due to the operational constraints, such as hours-of-service regulations of the company...