We assess whether and how violence and political instability affect trade between developed and developing countries considering the special case of EU imports of Kenyan roses after the 2007/08 post-election violence and political instability in Kenya. Using the Rotterdam model to estimate EU...

Procedural due process has always been seen as having at least three independent strands. One is the jurisdictional or minimum contacts strand. That strand, derived from the Supreme Court's decision in International Shoe Co. v. Washington, requires that a defendant in a civil case have at least...

The Dutch flower auctions have played a critical role in the world cut-flower industry by providing efficient centers for price determination and transactions of flowers between buyers and sellers. These auctions owned by Dutch cut-flower grower cooperatives have traditionally used the âÂ...

We examine the relationship between a tree price and a tree age (height) using a Hotelling-Faustmann model of optimal plantation management, which accounts for the possibility of replanting and biological growth. The model's predictions are tested using the data on Christmas tree prices in North...

This research explores the effect of industrialization on the process of development. In contrast to conventional wisdom that views industrial development as a catalyst for economic growth, the study establishes that while the adoption of industrial technology was conducive to economic...

This research explores the effect of industrialization on the process of development. In contrast to conventional wisdom that views industrial development as a catalyst for economic growth, the study establishes that while the adoption of industrial technology was conducive to economic...

The auctioning rule in Japanese flower markets is a slightly modified version of that of the original Dutch flower auction. At Japanese flower markets, there is an additional stage, called “mari,” where buyers who lost in the previous auction can apply for purchasing the remainder of flowers...

In this case the Dutch Flower Auctions (DFA) are discussed. The DFA are part of the supply network in which flowers are produced, stocked, and then sold through either mediation or auctioning. This case focuses on the buyers' and auctioneers' positions when flowers are traded through auctions....

As the colloquial name for cut flowers as “blood flowers” implies, the outsourced production of “blood flowers” is plagued by negative externalities, including child labor, health risks, soil and water pollution, sexual exploitation of women, and unfair distribution of water resources...