Sales are a widespread and well-known phenomenon that has been documented in several product markets. Regularities in such periodic price reductions appear to suggest that the phenomenon cannot be entirely attributed to random variations in supply, demand, or the aggregate price level. Certain...

Sales are a widespread and well-known phenomenon documented in several product markets. This paper presents a novel rationale for sales that does not rely on consumer heterogeneity, or on any form of randomness to explain such periodic price fluctuations. The analysis is carried out in the...

This paper provides an alternative real options framework to assess how firms' strategic interaction under imperfect competition a¤ects the industrial dynamics of investment, concentration, and expected returns. When firms have similar production technologies, the cross sectional variation in...

While recent research has explored the phenomenon of drug parallel trade in regulated environments such as the European Union (EU), or the European Economic Area, little is known about the mechanisms that explain its origin or the role of the distribution chain in exporting and importing...

Digital goods are bitstrings, sequences of 0s and 1s, which have economic value. They are distinguished from other goods by five characteristics: digital goods are nonrival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods...

Fueled by the Arab spring, the question of how the rise of internet-mediated communication affects authoritarian regimes has received unprecedented attention within the discipline of communications. However, in this debate, scholars have not yet turned to the concept of literacy and addressed...

This paper is the continuation of my previous PhD research, Journalism and Political Democracy in Brazil, which was published by Lexington Books (March 2008), and was an investigation of the role of the mainstream media in Brazil and in Latin America in the re-democratization phase following the...

In both schools and homes, information and communication technologies (ICT) are widely seen as enhancing learning, this hope fuelling their rapid diffusion and adoption throughout developed societies. But they are not yet so embedded in the social practices of everyday life as to be taken for...

Explicitly or implicitly, general models of European integration claim that EC regulatory expansion involves a struggle for power between Commission and national governments. The Commission is seen as a policy entrepreneur, taking the initiative to drive forward integration (Sandholtz and Zysman...

This report provides a synthesis of theoretical and empirical work in the sciences and social sciences that indicates the drivers, opportunities, threats, and barriers to the future evolution of cyberspace and the feasibility of crime prevention measures. It is based on 10 state-of-the-art...