The current paper aimed to investigate the reasons for the technological and competitive heterogeneity in the machine tool industry in Brazil. By analyzing the trajectory of the sector, we can highlight three main reasons for such heterogeneity. First, due to the competitive framework that...

Cyclicality is a well-known and accepted fact of life in market-driven economies. Less well known or understood, however, is the phenomenon of amplification as one looks “upstream” in the industrial supply chain. We examine the amplification phenomenon and its implications through the lens...

This edited volume contains the selected papers presented at the scientific board meeting of the German Cluster of Excellence on "Integrative Production Technology for High-Wage Countries", held in November 2014. The topical structure of the book is clustered in six sessions: Integrative...

The Holt and Laury (2002) task is arguably the most widely employed method for eliciting individual risk attitudes in economics. However, although around 15% of standard experimental subjects fail to complete the task consistently, this fraction increases to an alarming 60-70% in the case of...