This paper assesses whether the market valuation of gold mining firms contain a premium for the option to close. Tests of whether observed market values incorporate operating flexibility is central to our understanding of the processes that drive market values and has implications for the...

The informal sector accounts for a very large share in African economies, both in terms of GDP and employment. However, most national surveys on the informal sector focus on labor market issues and informal employment rather than the structure of informal businesses. And sample designs are...

New agricultural technologies are promoted in developing countries to bring about some combination of economic, environmental, and or health benefit. All of these benefits are considered to improve the livelihoods of the households that adopt them. However, the adoption of these new innovations...

This study investigates regional marital fertility differentials in Egypt and their relationship to the level of modernization of the region: defined as economic development and social and cultural change. The intermediate variables (Davis and Blake, 1965) underlying these regional levels and...

This chapter explores the distinctive characteristics of hybrid organizations; a new organizational form that expands our existing categories of organizations by bridging the for-profit and non-profit domains. In particular, we utilize a positive lens to explore the role of hybrids in creating...