The bulk of information and communication technology is made of weightless, implementable, and infinitely reproducible knowledge products (such as software and databases). These products are transferred by telephone lines, accessed through internet hosts, and processed through personal...

Informed migration, uninformed migration and improved information are the three main potential effects of derivative introduction that, alone or combined, may generate significant changes on volumes, bid-ask and volatility on the underlying asset. Some combinations of these three effects are...

We outline a methodology which aims to give an answer to the widespread demand of impact analyses by regulators or by funding agencies which need to evaluate the current and past performance of development projects and may lack time series evidence. We devise a retrospective panel data approach...

We test the hypothesis that cooperative membership is a trust and trustworthiness reinforcing device and that, as such, it affects (in a trust game) both trustors' and trustees' transfers and beliefs. In considering trust games played by sugar farmers in the Philippines, we find that (i)...

We investigate the performance of Socially Responsible Funds (SRFs) and Conventional Funds (CFs) in different market segments during the 1992-2012 period. From an unbalanced sample of more that 22,000 funds, we define a matched sample using a beta-distance measure to match any SRF with the...