In The Organised Nature of Power, Magnus Hornqvist initially synthesizes Foucauldian and Marxian conceptions of power in order to highlight the connection between everyday exercises of power and power relations embedded in social structure and the state. He then proceeds to demonstrate how risk...

Interview and ethnographic data are used to show how deceptive sales practices are rife and institutionalized in the life insurance industry. The data are analysed using the concept of 'moral risk': the paradoxical tendency of the structure and culture of the insurance institution to facilitate...

This paper considers two models for analyzing the dynamics of firm behavior that allow for heterogeneity among firms, idiosyncratic (or firm specific) sources of uncertainty, and discrete outcomes (exit and/or entry). Models with these characteristics are needed for the structural econometric...

This paper provides a model of firm and industry dynamics that allows for entry, exit, and firm-specific uncertainty generating variability in the fortunes of firms. It focuses on the impact of uncertainty arising from investment in research and exploration. It analyzes the behavior of...