Differences in the quality of economic development among regions of Java and outside of Java will affect the gap of quality in banking infrastructure among these areas. The purpose of this study is to analyze the cash and digital transactions in Java and outside Java. This research uses a...

Since Leontief's (1953) seminal work on the factor content of trade, the validity of the Heckscher-Ohlinmodel has been judged not only on the basis of formal tests of the theory but also tested against prior expectation. In this vein, this paper uses the Heckscher-Ohlin-Vanek (HOV) approach to...

The global economy is currently experiencing a new wave of technological change involving new technologies, especially in the realm of artificial intelligence and robotics, but not limited to it. One key concern in this context is the consequences of these new technologies on the labour market....

This paper revisits the Heckscher-Ohlin-Vanek (HOV) theorem and investigates its fit for digital tasks and ICT capital, which both represent endowment factors that are expected to shape the digital transformation. We use a theory-consistent methodology for calculating the measured net factor...

This study employs the ‘benefit of the doubt’ method rooted in non-parametric techniques to evaluate the digital ecosystem of 116 countries for the year 2019. By scrutinizing the relative efficiency of countries’ digital ecosystem based on the Digital Platform Economy (DPE) index, the...

In this work we study the case of agents willing to engage in a Renewable Energy Community (REC). The municipality – being the promoter of the REC – burdens all the investment costs (RE plants, storage, local grid interventions) and entrusts an aggregator of its operation paying a fixed...

Die Ziele für nachhaltige Entwicklung der Vereinten Nationen sehen eine Halbierung der Lebensmittelverschwendung bis 2030 vor. Das ist ein Ziel, zu dem die Tafeln für Deutschland auch durch eine optimierte Verteilung von Lebensmittelspenden einen erheblichen Beitragleisten können. Wir...

Hedging at-the-money digital options near maturity, remains a challenge in quantitative finance. In the present work, we carry out a hedging strategy by means of a bull spread. We study the probability of super- and sub-hedge the digital option and minimize the probability of a sub-hedge...

In this work we study the case of agents willing to engage in a Renewable Energy Community (REC). The municipality - being the promoter of the REC - burdens all the investment costs (RE plants, storage, local grid interventions) and entrusts an aggregator of its operation paying a fixed tariff....

We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. Digitization has expanded consumption opportunities by giving consumers access to the "long tail" of existing products, rather than simply...