This paper analyzes the role of the initial allocation of ownership rights in transactions where parties make relationship-specific investments and contracts are incomplete. If there is high mutual dependence in production, the initial allocation of ownership rights is irrelevant. This result...

This article gives reasons as to why Maslow's & ERG Theory of Needs is inaccurate. It also gives reasons why the same is inaccurate in an organizational perspective. The author also gives a alternative model of needs, namely the Nain Model, which is particularly applicable in an organizational...

The paper discusses report of The Spellings Commission for Future of Higher Education that was set up to look into the issues facing the higher education system in the U.S., outline the challenges and offer recommendations to tackle the problems. Most importantly, The Spellings Commission Report...

In this paper I investigate whether students self-select into the US for-profit colleges or whether the choice of for-profit sector is accidental or due to the reasons external to the students (geographic exposure to for-profit providers, tuition pricing, or random circumstances). The main...

In this paper, I obtain the estimates of the effects of for-profit training and credentials on students' annualized earnings. I differentiate for-profit students by the program level and account for students' self-selection into for-profit sector. I formulate the evaluation as the series...

In this study, I use three data sets collected by the US Department of Education, National Center for Education Statistics (NCES): National Postsecondary Student Aid Studies of 1996, 2000 and 2004 (NPSAS:96,NPSAS:2000, and NPSAS:04) to derive the characteristics of the students in the US...

This paper analyses the employment effects of mergers and acquisitions by using matched establishment-level data from Finland over the period of 1989-2003. The data covers all sectors. We compare the employment effects of cross-border M&As with the effects arising from two different types of...

The world is experiencing significant, largely economic and sociotechnical, induced change. These induced changes are meaningful with a function of people taking collective actions around common beliefs. These changes are more than jargon, cliché and hyperbole, and they are effecting major...

The present paper examines the changes in work participation rates, participation rate in education and the growth of employment, and explores the prospects of employment growth in the state of Andhra Pradesh (India) in the scenario of declining population growth which acts as a limiting factors...