While providing affordable warmth to the urban poor is among the main challenges facing many developing countries, so far there has been no empirical work on the demand for space heating for the urban poor in developing countries. One explanation for this gap in the literature is that the urban...

The resource-based perspective on firm diversification, subsequent to Penrose (1959), has focused primarily on the fungibility of resources across domains. We make a clear analytical distinction between scale-free capabilities and those that are subject to opportunity costs and must be allocated...

Research Summary: The economic center of gravity is shifting from mature markets to emerging regions. This shift provides a good opportunity to broaden and deepen our theoretical base of concepts and frameworks because emerging and mature regions differ significantly in their institutional...

The economic center of gravity is shifting from mature markets to emerging regions. This shift provides a good opportunity to broaden and deepen our theoretical base of concepts and frameworks because emerging and mature regions differ significantly in their institutional regimes. Hence...

China has emerged as one of the world's most active markets for public-private partnerships (PPP) in the water sector, while the pace of such development globally has slowed in recent years. This article investigates the dynamics of the development of PPP projects in the Chinese water sector...

This paper presents a case study of willingness-to-pay (WTP) estimation using random valuation models. A contingent valuation survey was conducted in Yerevan, Armenia to estimate people's WTP for the protection of Lake Sevan. Three elicitation formats-open-ended, closed-ended, and the stochastic...