The advent of information technology facilitates geographic separation of production tasks, which is referred to as offshoring in international contexts and inshoring in domestic contexts. Although the literature on offshoring has flourished, the research on inshoring is limited. This paper...

[Note: the substantially revised published version of this article is available at www.ssrn.com/absract=489762] This article questions whether copyright law's prohibition against unauthorized copying and sales is either necessary or beneficial to the production and dissemination of creative...

We model competition between two firms selling identical goods to customers who arrive in the market stochastically. Shoppers choose where to purchase based upon both price and the time cost associated with waiting for service. One seller provides two separate queues, each with its own server,...

A feature of electronic communication markets is that a consumer's decision to join or use a communications network can generate two effects on other users of the network: a network externality and a call externality. The former effect is defined as the benefit that users receive when a new...

Franchising in Cuba, as in other frontier markets, is fraught with challenges. Before beginning, prudent franchisors should engage experienced attorneys on both sides of the equation, at home and in Cuba. One can expect to encounter many of the same issues frequently found in any international...

This keynote address, delivered at Pace Law School on March 16, 2016, provides an overview of the legal status of “daily fantasy sports” and explains why the legality — or illegality — of the industry is not a sure bet. It begins by providing a brief background of the origins of fantasy...

The off-net/on-net price differential in mobile voice observed in many countries is much larger than what can be explained away by standard economic theory. This situation has generated important anticompetitive concerns, leading some authorities to contemplate (and even impose) a ban on such...

This paper aims at providing business survey analysts with simple econometric tools to quantify qualitative survey data. We extend the traditional and commonly applied method proposed by Carlson and Parkin (1975) to capture observable survey respondent heterogeneity. We also discuss...

The decision to adopt e-commerce technology depends on a variety of variables. This paper explores the relative importance of structural firm-specific variables, the intrinsic value of the technology, expectations concerning the evolution of the technology, and the adoption behaviour of other...

The rapid growth of internet usage over the last two decades has been influencing many aspects of our life and most noticeably the ways in which people communicate with each other. Therefore, it is appropriate to ask whether the growth of internet usage influences individuals’ marital...