Inferences about the economic cost of a product are frequently based on measures of historic cost. We examine a model in which a firm makes a sequence of overlapping capacity investments. Earlier research has identified particular accrual accounting (depreciation) rules which have the property that on a per unit basis the historic cost of a product captures precisely its marginal cost. Relative...

Electronic money, in general, is used for trading over electronic channels such as the Internet, or mobile networks. Micropayments, in particular, can be used for the purchase of low value intangible goods (i.e., nonphysical assets like data and information). For these products, the use of payment instruments like on-line credit cards tends to be more expensive than the actual product. For this...

Estimating the cost to society of individual crimes is essential to the economic evaluation of many social programs, such as substance abuse treatment and community policing. A review of the crime-costing literature reveals multiple sources, including published articles and government reports, which collectively represent the alternative approaches for estimating the economic losses associated ...

This Open Access monograph studies the impact of intangible capital on labour productivity growth in euro area.

Abstract This article explores the alienating effects of ‘Intangible Cultural Heritage’ ( ICH ) (Ch.: fei wuzhi wenhua yichan 非物质文化遗产 ; Uy.: gheyri maddi medeniyet mirasliri discourse on Uyghur villagers, particularly knowledge-holders. Since China became a signatory to UNESCO ’s convention in 2004, framework has provided opportunities for people protect and profit from their heritage. But it a...

With the disclosure of ESG, investment related to ESG has increased, and trend changes in intangible capital shown an “inverted S-shaped” curve. The research shows that, initial stage construction, new investments increase capital. advancement time, positive effect scores on begins appear gradually offsets cost investment. However, when score a company is raised certain level, marginal continui...

Enterprise resource planning (ERP) system is well recognised as a key technological infrastructure that facilitates business operations and growth in a dynamic business environment. Implementation of ERP system however is mirrored by numerous problems, a fact well cited in many academic studies. Research addressing the reasons for ERP implementation problems has identified a plethora of success...