A monopolist sells goods with possibly a characteristic consumers dislike (for instance, he sells random goods to risk averse agents), which does not affect the production costs. We investigate the question whether using undesirable goods is profitable to the seller. We prove that in general...

The present research examines small-firm networks in Japanese industrial districts. We propose and discuss the typology of these networks. Special attention is paid to horizontal networks, characterised by enhanced co-operation and competition between small firms. We analyse these networks from...

Key international agreements and general references require large companies to support the core social and environmental values within their sphere of influence. According to this “messianic” approach to their responsibility, they are supposed to spread responsible practices within their...

The study proposes analyzing the complex links between the standardization and regulation of mobile phone markets from a political economy perspective. Moreover, this study examines these links by taking into consideration, from a Schumpeterian perspective, the market disequilibrium and the...

A firm chooses a price and the product information it discloses to a consumer whose tastes are privately known. We provide a necessary and sufficient condition on the match function for full disclosure to be the unique equilibrium outcome whatever the costs and prior beliefs about product and...

What role can academics – especially in management research – have in management innovation ? Can they only be ex post critical analysts of the processes of inventing, experimenting, diffusing and implementing management models and techniques, or do they play a more active role ? From the...