I investigate the role played by Charles Babbage in the economic analysis of technological change. His contribution is quite important, for the way in which he carried out his studies anticipated themes that are the centre of economics and policy-making today. He considered the economic forces...

Knowledge creation is analyzed by means of two important properties, those of being (a) a co relational structure and (b) a retrieval or interpretative structure. Furthermore, it is shown that knowledge has a local character in the sense of being able to correlate only a limited number of...

This publication discusses the institutional foundations of governing common property. The author reviews various theoretical approaches considering the relationship between private and common property regimes and land use sustainability. The social and environmental outcomes of changing...

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This survey focuses on the application of real options methodology to the information and communications technology (ICT) industries. It examines the development of the methodology to areas as diverse as wireless cell site investments to dynamic pricing issues. In addition to aiding the reader...

Investment in infrastructure such as the information and communication technology sector requires large, substantial amounts, most of which are sunk or irreversible. Uncertainty of market demand, competition, costs and public policy complicates the investment decision process. This paper...