In contrast to financial arbitrage, which causes prices of economically equivalent transactions to converge in the direction of one price, regulatory arbitrage does not lead to such price convergence. In contrast, regulatory arbitrage tends to produce two different prices for economically...

Uniswap is a decentralized exchange (DEX) and was first launched on November 2, 2018 on the Ethereum mainnet [1] and is part of an Ecosystem of products in Decentralized Finance (DeFi). It replaces a traditional order book type of trading common on centralized exchanges (CEX) with a...

Based on empirical data, a two-equation game-type corruption reaction function model was developed. A "data to model" approach was used rather than the usual a priori approach. The general hypothesis tested was the "monkey see, monkey do" principle. The latest data on corruption among developing...

Over the years knowledge has come to be seen as crucial for economic progress, and proximity as conducive to knowledge exchange. As a result, knowledge-related processes are often considered as possible explanation of the spatial agglomeration of economic activities. However, knowledge and...

This paper studies a simultaneous vehicle and crew routing and scheduling problem arising in long-distance road transport in Europe: Pickup-and-delivery requests have to be fulfilled over a multi-period planning horizon by a heterogeneous fleet of trucks and drivers. Typically, in the vehicle...

Always, anytime, we speak about innovation, that it occurs in our live, firms, countries and regions.The innovation is very important for survive of any firm, any entrepreneur, any country and any region in world market due to their speed evolution.This paper has as objective to approach the...

Polite self-presentation is expected of call center agents even through they must convey complex and unfavorable information speedily via the telephone. This study identified and evaluated the use of response strategies that are strongly associated with courtesy. Data were drawn from 587...

Sicherheit ist ein Wirtschaftsgut, weil Sicherheit nützlich und knapp ist. Dieses Gut kann vom Staat als auch von Privaten bereitgestellt werden. Das Paper untersucht (a) den Zusammenhang zwischen Kriminalstrafe und Sicherheit und (b) die Privatisierung der Kriminalitätskontrolle. Es werden...

Dieses Paper untersucht "property rights" im Stile der ökonomischen Analyse des Rechts. Dabei wird der Zusammenhang zwischen "property rights" und Allokationseffizienz ebenso behandelt wie der Schutz von "property rights" durch Unterlassungs- und Schadenersatzansprüche, durch Haftungsregeln...

In diesem Beitrag wird gezeigt, daß der Einwand, Straftäter würden in der ökonomischen konsequentialistischen Straftheorie in einer gegen die Menschenwürde verstoßenden Weise instrumentalisiert, nicht zutrifft. Entgegen Kant wird argumentiert, daß vernunftbegabte Wesen wie etwa der homo...