The article measures the economic effects of decisions made by two agents in the cultural and creative sector. Managers of a cultural event decide to produce it: it mobilizes a flow of artists and creatives who materialize their creations. Individuals decide to visit it: it mobilizes a flow of...

After the 2000 Water-War, access to water in Bolivia has become a major social demand and thus a prime and contentious political issue. The event has revealed an overwhelming opposition to neo-liberal approaches to water management and has allowed the articulation of a new discourse that sees...

Despite the increasing global popularity of corporate sustainability, a nation's culture and its effects on activities relating to corporate sustainability are little understood. From the perspective of cultural relevance, this paper investigates the similarities and differences between Korea...

Our study contributes to the literature about societal culture dimensions, as reflected by the perceptions and expectations of students and present managers. We find some similarities but also statistically significant differences between students and middle managers in Romania in terms of their...

This paper focuses on cybersecurity knowledge, claiming that this knowledge may have a value of its own, and suggests a market mechanism to foster the creation of this kind of value. The goal is to elaborate the value of cybersecurity knowledge and propose a semantic approach with an example...

The article sets out to explore how conflicting institutional logics of support organizations influence their value creation. Value creation undertaken by support organizations does not directly reflect their missions. Even though one can generalize that all support organizations should adjust...

In this paper we aim to use a posteriori approach to estimate the monetary compensation that would keep the individual's subjective well-being unchanged after experiencing traffic accidents. The coefficients of the life satisfaction equation, estimated with Swedish data collected in May 2020,...

This work is divided into two complementary parts. In the first part, we develop a partial equilibrium model, through which it is possible to analyze the influence of tariff modicity and the illegal occupation of poles on four agents: energy distributors, telecommunications operators, and energy...

The aim of this paper is to investigate the issue of R&D investment and the market value of the firm. This idea dating back from Arrow paper, later developed by Paul Romer but in the area of economic growth. Zvi Griliches (1979), first introduced the production function, which later would be...

In capital budgeting problems future cash flows are discounted using the expected one period returns of the investment. In this paper we establish a theory that relates this approach to the assumption that markets are free of arbitrage. Our goal is to uncover implicit assumptions on the set of...