We analyze collusion under demand uncertainty by cartels such as OPEC that care about the utility derived from profits by citizens. When citizens are sufficiently risk averse and fixed operating costs are non-trivial, it becomes difficult for cartels to collusively restrict output both when...

Two measures of fine particulate matter, PM2.5 exposure and PM2.5 exceedance are used to analyze convergence patterns of 212 and 108 countries during the period of 2000 to 2014. For PM2.5 exposure, sigma index diverges at the annual rate of 1.07%, while gamma index converges at -0.5% rate. For...

Digitale Technologien und datengetriebene Geschäftsmodelle haben zur Entstehung einer neuen Generation von Weltmarktführern geführt, die ihre Marktposition durch die Orchestrierung digitaler Plattformen und Ökosysteme aufgebaut haben und weiter festigen. Neue Möglichkeiten der...