Ex-ante regulations and ex-post liabilities for using a new technology will induce additional costs for adopters. The standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of negotiating possible cost reductions. The case analysed is...

The growing economies and the increase in urbanization have increased the process of waste production. Recycling of the wastes resulting from economic processes through certain operations would both decrease the amount of wastes and the need for area to store them and minimize the demand for...

Based on the multiple regression model and scenario approach to forecasting, the ar- ticle estimates the Ukrainian migration aspirations towards Germany (the scale of migration, the economic activity of migrants, and their economic benefits). It is argued that major transformations in the...

Purpose: The present study investigates the influence of demographic factors on the demand for Technical and Vocational Education and Training (TVET) in Pakistan. The government of Pakistan has implemented various skill enhancement programs to harness the demographic dividend. However, only a...

Risk is inevitable in business. For large companies, risk management is formalised and structured through compliance with industry standards. However, small and medium-sized businesses (SMEs) rarely have adequate resources to develop their own standards or conform to pre-established criteria....