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While economic theories of the firm have traditionally focused on the ownership of assets, the increasing use of contractual partnerships is beginning to challenge our conception of the firm by emphasizing its coordinating role. In structuring their contracts, as well as in managing the...
Persistent link: https://www.econbiz.de/10014042610
on the co-evolution of institutions and technological change. …
Persistent link: https://www.econbiz.de/10013467071
basic idea is that institutions, the cobweb of relations among them and their interaction with the economic structure define …
Persistent link: https://www.econbiz.de/10011715960
We explore the exercise of power in perpetuating status quo institutions. We give empirical examples of the economic …
Persistent link: https://www.econbiz.de/10011527337
This report takes stock of agriculture and water policy changes from 2009 to 2019 and assesses the alignment of these changes with relevant sections of the OECD Council Recommendation on Water and the 2017 G20 Agriculture Ministerial Action Plan on water and food security. The analysis builds on...
Persistent link: https://www.econbiz.de/10012249043
So-called open source software (OSS) is marked by free access to the software and its source code. Copyright-based OSS licenses permit users to use, change, improve and redistribute the software, which is designed and developed in a public, collaborative manner. High quality OSS products like...
Persistent link: https://www.econbiz.de/10010273829
The paper analyzes the impact of institutional and cultural factors on a remarkable economic activity: the production of so-called open source software (OSS). OSS is marked by free access to the software and its source code. Copyright-based OSS licenses permit users to use, change, improve and...
Persistent link: https://www.econbiz.de/10010273832
This paper deals with the neglected issue of central banks' social responsibility. Since central banks exert the "structural power" on economies as well as on societies, their power should be regulated and controlled by society through a reliable framework of social responsibility. To that aim,...
Persistent link: https://www.econbiz.de/10012650849
The „first track“ of Joint Implementation under the Kyoto Protocol gives host and investor countries total freedom in choosing a baseline for a project reducing or sequestering greenhouse gases. This is due to the fact that an overly generous granting of emission credits leads to a...
Persistent link: https://www.econbiz.de/10010295331
Societies in Western civilisation enforce their rules through formal institutions such as secularism (SES), whereas in … less developed civilisations often rely on informal institutions such as religion (RES). The present paper attempts to …
Persistent link: https://www.econbiz.de/10011524872