Mark Zuckerberg introduced Libra to the world in June 2019 with the goal of “enabl[ing] a simple global currency and financial infrastructure that empowers billions of people.” Two months after, and without waiting for the project to be launched, the European Commission sent a questionnaire...

We study a planner’s optimal interventions in both the standalone marginal utilities of players on a network and weights on the links that connect players. The welfare-maximizing joint intervention exhibits the following properties: (a) when the planner’s budget is moderate (so that optimal...

Extant work in strategic management has focused on the role of various legal levers when managing human capital. Companies use such levers to improve employee retention and prevent leakage of knowledge to rivals. Specifically, noncompete agreements (NCAs), contracts that prevent employees from...

This paper presents an equation of the dynamic path of prices in a monopolistically competitive market in which firms sell to both old and new customers. Both types are able to search for the lowest price, given search costs, where the expected number of searches is given by the inverse of the...

The aim of this empirical research was to test the influence of some social factors such as social norms, habits and routines, which are actually constraining the entrepreneurial strategy. In order to measure the extent of these influences we have focused on informal arrangements and cooperation...

This paper explores leadership within organizations. Leadership is distinct from authority because following a leader is a voluntary rather than coerced activity of the followers. This paper considers how a leader induces rational followers to follow her in situations when the leader has...

The Metaverse provides an unprecedented opportunity to observe competition in the making and derive insights into the determinants of competition.Created in December 2022, the Metaverse Competition Agency (“MCA”) studies how economic competition emerges, evolves, and ends. The MCA method is...

Could a new “discourse theory” of the firm provide a better way than existing corporate law principles to understand the evolving nature of the firm and the role shareholders should play in corporate governance? Two recent developments provide a special urgency for considering the question....

This paper examines the relationship between airline profitability and market share in the context of contemporary strategic business theory. The paper provides a general overview of the business environment in which airlines operate, provides some of the organizational goals airlines pursue,...

rESumENSe trabajó con la población rural, hombres y mujeres, del municipio deLenguazaque; la investigación tuvo como objeto determinar las relacionesde género como relaciones de poder en las empresas familiares rurales.Se siguió un proceso metodológico tanto inductivo como deductivo....