This paper focuses on the future of the defence firm. It forecasts that the defence firm of 2050 will be radically different, reflecting a combination of technology, economic and political factors. To provide insights into the future, the paper starts by outlining recent changes in the size,...

This study examines the determinants of voluntary donations to UK charities, using empirical specifications that combine error-component and simultaneous-equations methods. In a series of tests, we identify the fixed-effects endogenous representations as the best empirical models. When...