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Open source software and open innovation are an important resource for today's industries. Communities collaboratively create different kind of publicly available value, boosting innovation and also technology. However, whereas this value is generated and captured by various involved parties,...
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Network dynamics, economic transformation, and policy design are closely related phenomena that influence the performance of economic systems in a variety of ways. In this introductory paper, we set the stage for a series of excellent contributions addressing some still largely unexplored...
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Short term climate events such as the sea surface temperature anomaly known as El Niño are financial risk sources leading to incomplete markets. To make such risk tradable, we use a market model in which a climate index provides an extra investment option. Given one possible market price of...
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