This paper attempts to address one major problem with bubble studies: the difficulty to rigorously compare assets bubbles (that is to say compare them via quantitative data, rather than simply anecdotal evidence). The idea of the paper is to use a metric that is not the level of price itself,...

E-commerce as an aggregation of activities concerning trading and rendering service to customers using internet is important for firms of all size to preserve competitiveness in global markets However, introduction of e-commerce means also introduction of new business models. To incorporate new...

There are many social changes in the era of new economy. The most important change is exploitation of the up to date information and communication technologies. At present we do not only automate existing processes, but form completely new structures of processes and activities. We can consider...

In today´s digital 21st century, almost all businesses face intense competition from competitors all around the globe. There are no borders and business area for the all companies is almost unlimited. As the main supports of mentioned fact are globalization and ICT´s development. Influences...

Contemporary economic development in following global markets advancement evokes needs to look for new methods supporting all processes enabling domestic and foreign business activities. Internet and e-commerce systems exploitation is considered to be a standard here. Various modeling techniques...

There are many processes on Internet, on web servers, in ERP and company running an e-commerce system which can be influenced by disturbances. In order to minimize their impact it is necessary to identify and collect all disturbances, to determine their evaluation metric and to propose necessary...

The present analysis looks at how scientists use the Internet for informal scientific communication. It investigates the relationship between several explanatory variables and Internet use for social communication, information retrieval and information dissemination in a cross-section of...

This paper develops an endogenous growth ramework with externalities due to learning by doing and trade openness to show that these externalities are significant for 6 Asian countries. The estimated parameters of the augmented production functions are used to compute the steady state growth...

A common presumption is that increased growth in the aggregate enhances the welfare of both the rich and the poor. I show that instead, as the rich get richer, the welfare of the poor may decline if the underlying growth is asymmetric. There are two distinct and complementary explanations:...