While much of the previous literature considers whether corporate social responsibility (CSR) pays, we take a more nuanced perspective, theoretically and empirically, by investigating when CSR pays and for whomlsquo; Theoretically, we develop two contingency perspectives. First, we extend...

Roeger's method (Roeger, 1995), which analyses the relationship between primal and dual productivity measures, can also be used to directly estimate from readily available data the static welfare loss due to a suboptimal allocation of the factors of production

The goal of this paper is to discuss the potential of cluster theory to inform industry policy. The essay surveys recent literature published in Australia and in other OECD countries and draws out some of the key issues relevant to policy decisions. The discussion is organised in five sections....

The economic debate underlines the reasons why discount rates of infrastructure projects should be similar, regardless the public or private source of financing, during the forecast period when flows are risky but predictable. In contrast, we show that the incompleteness of contracts between...

The purpose of this article is to begin writing the history of the concept of natural monopoly. In economics natural monopoly is described as a situation in which, for structural reasons, only one firm finds it profitable to produce in the market. The following features which go to make up the...

This study identified the relationships among perceived service quality, customer satisfaction, switching cost, and repurchase intention. It also examined the antecedents of switching cost which would have a significant effect on repurchase intention in the airline industry. A survey was...

In this paper we develop a general model of one-sided and two-sided platform businesses and apply it to a monopolist framework. We have a particular interest in how the social loss and other metrics depend on the strength of the network (direct or indirect) effect. We study how network effects...

The bloom is off the Big Tech rose. It seems nearly the entire political spectrum is angry with Amazon, Google and Facebook for one reason or another. This has led to a great deal of discussion on whether and how to regulate (or even break up) these platforms, including whether they should be...

GNSS (Global Navigation Satellite System) technology is widely used presently and many private as well as national actors are entering the market. While national actors such as the United States in the case of GPS are generally exempted from both tort and contractual liability, private actors,...

The project explored the linkages between industry dynamics and economic activity, and the macro-congestion aspects of freight transport. The Kia Motors manufacturing plant near West Point, Georgia was selected for case study. The principal study effort went into collecting data elements in...