Industrial Disputes cause loss of productivity and decrease of profit, tending towards huge losses. It is, therefore, necessary to establish a benchmark level of tact or skill that is required to ensure the prevention of Industrial Disputes. The benchmark level could be an empirical formula, or a set of regulatory data, that would be required to be satisfied. The procedure to be followed requir...

This paper uses a tailor-made newly available data set for enterprises from manufacturing industries in Germany to investigate for the first time the links between export diversification over destination countries and goods on the one hand and the profitability of the exporting firms on the other hand. We find that profits tend to be larger in firms with less diversified export sales over goods...

Entrepreneurs who start new firms may choose not-for-profit status as a means of committing to soft incentives. Such incentives protect donors, volunteers, consumers and employees from ex post expropriation of profits by the entrepreneur. We derive conditions under which completely self-interested entrepreneurs opt for not-for-profit status, despite the fact that this status limits their abilit...

If returns on two assets share common volatility components, the prices of options on the assets should be interdependent and the implied volatility spread should mean revert. We first demonstrate, using the canonical correlation method, that there is a common component among the volatilities of the returns on S&P 100 and S&P 500 indexes. We then exploit this commonality by trading on the volat...

Software piracy refers to the illegal use of software by end users. The Business Software Alliance (BSA) in its 2002 annual report states that 40% of business software installed on computers is pirated, resulting in $11 billion in losses (BSA 2002). Given that piracy is ubiquitous in software markets, managers need to consider it in their marketing decisions. While piracy on a large scale is cl...

Under the competitive global business environment, businesses concentrate on technological advancements which are critical for boosting their levels of productivity, increasing profits, and gaining market share. As one of technological advancements, cloud computing has gained momentum during the last few years by service providers who offer technological resources that were only available by de...

Marine protected areas (MPAs) that exclude fishing have been shown repeatedly to enhance the abundance, size, and diversity of species. These benefits, however, mean little to most marine species, because individual protected areas typically are small. To meet the larger-scale conservation challenges facing ocean ecosystems, several nations are expanding the benefits of individual protected are...

This study examines the relationships between firm and industry characteristics and firms’ abnormal stock market returns accompanying the announcement of technology licensing deals. In particular, I examine the fit among firms’ licensing activities, their resource endowments, and their industry context, and develop hypotheses on its impact on abnormal stock market returns after licensing deals....

1 During the last decade the role of the public sector in the financing of infrastructure projects has changed radically, both in developed and in emerging economies. On the one hand, budgetary constraints are now more restrictive. On the other hand, it is also widely accepted that the private management of public projects generates efficiency gains. 1 As a consequence, the role of the public s...

We discuss large but finite linear production games or market games. These games represent markets such that the agents decompose into finitely many disjoint groups each of which holds a corner of the market. In such a market most solution concepts like the core, the Shapley value, or the Walrasian equilibrium tend to favor the short side of the market excessively. That is, in the replicated li...