E-commerce is growing rapidly and sales of digital goods represent a substantial portion of all online sales. Several goods such as music and books are now available in a physical and digital format. In a single-period case we compare pricing of digital vs. physical goods and derive an optimal pricing strategy for digital goods in both a general setting without a capacity constraint and a capac...

Previous analyses of free trade areas suggest that member countries reduce external tariffs to the level that improves welfare of non-member countries. Using an oligopoly model with product differentiation, this paper shows that when a free trade area entails endogenous change from segmented to integrated markets for internally produced goods, external tariffs become strategic complements and t...

• United Europe vs. fragmented Bosnia and Herzegovina; • Free travel, mobility of people, goods, money vs. ghetto, siege and divided cities; • Human rights, especially minority rights issues vs. genocide and ethnical cleansing; • Information highways vs. total collapse of basic telecommunications infrastructure; • Revival of multicultural vs. the killing of traditionally the only multicultural ...

Received: January 25, 2017 Revised: April 12, 2017 Accepted: June 04, 2017 Abstract: Introduction: The Association of Southeast Asian Nations (ASEAN) recently launched its ASEAN Economic Community (AEC), which could potentially revolutionize the economic output in the region through free movement of goods, people, and capital across borders. At this stage, several trade barriers still exist whi...

(3) the rise of Pacific-rim economic bases. These landmarks precipitated unprecedented changes in the world economy by augmenting the global market wider than ever before. As the global marketplace expands, many multinational firms (MNFs) have been influenced by mounting pressures to develop a worldwide communication, distribution and information network that facilitates the free flow of inform...

We study the importance of conditional cooperation in a one-shot public goods game by using a variant of the strategy-method. We find that a third of the subjects can be classified as free riders, whereas 50% are conditional cooperators.  2001 Elsevier Science B.V. All rights reserved.

Many people contribute to public goods but stop doing so once they experience free riding. We test the hypothesis that groups whose members know that they are composed only of “likeminded” cooperators are able to maintain a higher cooperation level than the most cooperative, randomly composed groups. Our experiments confirm this hypothesis. We also predict that groups of “like-minded” free ride...

The Russian practice of marketplaces is often associated with free transport delivery purchased goods, as opposed to international studies, where the driving factor a competitive price and convenient purchase process. study showed that 83% marketplace buyers are convinced cost shared between seller goods itself, client gets it for free. International studies indicate desire see separate item ty...