This study presents a four-dimensional multi-item scale for assessing the degree of marketing mix adaptation to the foreign market (the MIXADAPT scale). The scale shows evidence of reliability as well as convergent, discriminant and nomological validity in samples of Portuguese and British...

Globalization and localization seem to be opposite concepts – a thesis and its antithesis. Nonetheless, managers seem to be able to handle the paradox posed by these two contradicting tensions by enacting, via action, a synthesis that allows for the co-presence of a high level of global...

This paper discusses the problem of the optimal determination of budget deficit limits in cases where the fiscal authority wishes to keep the budget deficit close to a reference value. It is assumed that the fiscal authority minimizes the expected discounted value of squared deviations from the...

We show that monetary trading is simple, self-enforcing, symmetric, and irreducible in a natural framework. Furthermore, we will show that the utility for each economic agent is at least as big under the monetary system as under any other simple, self-enforcing, symmetric, and irreducible...

Positive Organizational Behavior (POB) is taking its momentum in management studies, but it is far from its fullest potential as it is not yet developing integrative comprehensive explanatory models of organizational behavior. This article discusses the biased character of POB revealed in its...

A mudança de regime para a estabilidade e convertibilidade cambiais deve ser enquadrada numa mudança de regime económico e financeiro. A parte monetária foi feita por pressão europeia directa mas não se pode mudar a constituição fiscal a partir de fora. Para tal, não bastam tratados nem...

The prediction of asymmetric equilibria with Stackelberg outcomes is clearly the most frequent result in the endogenous timing literature. Several experiments have tried to validate this prediction empirically, but failed to find support for it. By contrast, the experiments find that...

We analyse the effects of universal service obligations, such as uniform pricing, price caps and unbundling, on allocations in markets newly opened to competition, e.g. telecommunications. If uniform pricing is imposed not only on incumbents but also on entrants, entry may not result in...

This paper argues that the apparent contradiction in current conceptualizations of time in organizations (e.g., Chronos vs. Kairos) is only apparent, and that a synthesis between these opposing poles is both possible and desirable. We propose improvisation (where time to plan converges with time...