This article analyses statistical reasoning of Spain’s Euro 2008 success. It argues that Spain success is related to its high level of domestic competition. This line argument was also supported with the examples from previous Euro football tournaments.

Our modern society and economy is moving toward a knowledge-based and serviceoriented global world. With the increase of mobile network, mobile devices, and internet of things, many industries, including government departments, private firms, and research communities, offer more transparency...

I propose an estimation procedure that can accommodate fixed effects in the widely used proxy variable approach to estimating production functions. The procedure allows unobserved productivity to have a permanent component in addition to a (nonlinear) Markov shock. The procedure does not rely on...

The need to pay some attention to the issues of investment processes undertaken in enterprises and explore this topic is a direct result of the important role that enterprises play in the economy — with particular emphasis on the SMEs. From the company’s point of view, it is crucial to...

The need to pay some attention to the issues of investment processes undertaken in enterprises and explore this topic is a direct result of the important role that enterprises play in the economy — with particular emphasis on the SMEs. From the company’s point of view, it is crucial to...

Promises by media platforms to provide digital transaction services will likely lead to a flood of new money. While these developments are potentially valuable, under current law the money created is unsound. It is not insured by the government, nor is it backed by safe assets. We should not...

In this work we study licensing games of non drastic innovations under the shadow of probabilistic patents. We study the situation of a insider innovator that get a new reduction cost innovation and acts in a duopoly market under Cournout competition. When the property rights are not ironclad...

There is great potential to develop the existing opportunities for handicrafts, but the strengths are not currently exploited to their full potential. The purpose of this research is to recommend priority interventions in the craft sector at the regional level according to a local development...

Serbian: С растом примене интернета и ИКТ технологија и развојем дигиталне економије крајем прошлог и почетком новог века питања конкуренције, њене природе и улоге...

En los últimos cuarenta y cinco años la Argentina ha transitado un largo período de bajo dinamismo durante el cual se registraron al menos cuatro diferentes patrones económicosociales. Sin embargo, el país no ha acertado en sus diferentes intentos de lograr un patrón de crecimiento...