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"Because enterprise systems are exceedingly complex, encompassing many independent domains of study, students must first be taught how to think about enterprise systems. Design of Enterprise Systems: Theory, Architecture, and Methods takes a system-theoretical perspective of the enterprise, and...
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Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would … suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the …
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This paper derives the conditions under which fitness-reducing alleles can survive in a long-run stationary equilibrium for a trading population, extending the results in Saint-Paul (2002) for arbitrary systems of sexual reproduction.
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This paper studies the behavior of boundedly rational agents in a two good economy where trading is costly with respect to time.
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The deregulation of the German energy sector changes transaction relations, trading processes and contract design. We report on the findings of a field research survey conductet in the deregulated German wholsale trading market between April and June 2000.
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