This paper examines the effects of increased transparency over online news sources, e.g. due to news aggregators, on online news outlets and the advertising industry. The role of news aggregators is controversially discussed, where the discussion widely points on user side effect. The present...

This paper investigated the driving force of diffusion in smart phone market by analysing usage of them and making their component model. Main findings are following four: 1) In Korea and Japan their average smart phones' traffic per user has been the world's highest level. But its diffusion...

We analyze self-selection decisions regarding teamwork both theoretically and empirically. While we focus on individual talent, we also investigate the effects of team tasks, individual teamwork skills, and expectations concerning the talent and teamwork skills of potential teammates as further...

This paper aims to contribute to the ongoing discussion on horizontal vs. vertical integration as further development path in the financial security service industry, consisting of trading, clearing and settlement. Using a stylized model of the industry we investigate the incentives to...

Formulating a model which summarises transportation costs, uncertainty and price, we describe how a switch to web-based procurement can impact more readily procured services rather than materials. Uncertainty represents a catch-all factor describing the dovetailing of operations between two...

We develop a politico-economic model to analyze the relationship between mode of entry into a new market and institutional quality of the host country. A foreign investor can either purchase a domestic firm, what we consider as FDI, or form a joint venture, in which the control right over the...

Each year the United Nations Conference on Trade and Development produces a report on foreign direct investment (FDI). This report highlights trends on FDI, and identifies the world's largest transnational corporation (TNC). Prominent among the largest TNS are telecommunication companies such as...