The paper is motivated by concerns about the depletion of traditional knowledge and recent efforts to preserve this knowledge through commercial use. The study looks at incentives that can induce companies to invest in bio-prospecting and persuade traditional communities to share their knowledge.

The statistically typical form of the board of directors in a Russian joint-stock corporation can be characterized as an open managerial supervisory body with a balanced membership of executive corporate officers and outsider directors. In reality, however, there are only a very limited number...

In a sequential bargaining model of coalition formation and payoff M division players form demands for their participation in a coalition. These M demands have some appealing, intuitive features. We characterize the sets of M semi-stable and stable demands vectors for general NTU games using M...

This paper develops a theoretical wage bargaining model, which yields a non-linear wage equation with a positive long term impact of taxes on wages as a special case. The elasticity of the replacement rate depends on the unemploy¬ment rate. The wage equation is estimated on time series data of...

We model corruption in a society as a result of bargaining for bribes between private citizens and public officials. We investigate the role that incomplete information with respect to the intrinsic moral cost of one's potential corruption partner plays out in his or her propensity to engage in...

Traditional interpretations of politics among nuclear-weapons states–as epitomized by Schellingʹs theory of deterrence through mutually-assured destruction–are less useful in todayʹs proliferation environment than they were during the Cold Warʹs superpower rivalry. As...

We model corruption in a society as a result of bargaining for bribes between private citizens and public officials. We investigate the role that incomplete information with respect to the intrinsic moral cost of one's potential corruption partner plays out in his or her propensity to engage in...

The discussion on the use of Genetically Modified (GM) crops has become a tedious issue. It seems that an amicable settlement of the conflicts between those who object the use of GM crops and want a general ban (more or less) on modification of plant and animal genetic resources on the one side,...