Purpose – The paper aims to present both the legal and illegal aspects of the market in antiquities, specifically cultural objects which are transported from source countries to countries where they are sold or auctioned. Design/methodology/approach – The paper starts by defining the concept...

Purpose – The purpose of this paper is to review the literature on the connections between illegal drugs and the informal economy and consider this in the light of the increasing levels of global interconnectedness in recent decades. Design/methodology/approach – This is a review of the...

Purpose – The aim of this paper is to demonstrate the potential of vulnerability studies of economic activities to study the relationship between organised crime and the economy and illustrate it by examples taken from a vulnerability study of the European waste management industry....

Purpose – The purpose of this paper is to show that knowledge in general, and knowledge of markets in particular, is ultimately a product of the researcher's paradigmatic approach to a multifaceted phenomenon and therefore it is as much an ethical, moral, social, ideological, and political...

The paper starts from the increasing spatial and functional fragmentation of value-added chains, global de-regulation and dis-embedding of “markets”, and interdependencies among the Net-based digital technologies. It develops a socio-economic setting with ubiquitous direct interdependencies...

Standard neoclassical theory argues that an economy is negatively affected by increased labor rights and power since it is assumed that economic agents are always x‐efficient; performing at the height of efficiency. However, a behavioral model of the firm suggests that more rights and power,...

It seems that the discussion about deregulation is dominated by economists. As a result the overruling consideration is efficiency to the exclusion of other factors which also ought to be considered. Institutions (law, rules, norms and conventions) do not represent economic values alone....

Although markets prevail throughout the world, there are significant differences in the economic, social, political as well as legal institutions in which these markets function. Many of these variations can be attributed in part to differences in levels of economic development and in part to...