We construct a dynamic model of Holdup by applying a framework in capital accumulation games, and derive the Markov perfect equilibrium of the game. Firms specific investments for the current period affect the relational skill (state variable) in the next period. Therefore, firms decide their...

The upper tail of the size distribution of websites follows a power law with slope close to one (Zipf’s law). This finding is robust to measuring website size by unique visitors and page views, and holds for the United States, Germany, and the world. Web traffic in China has less support for a...

Amidst technological growth and its environmental implications, there's a global push for sustainable development using ethical methods that benefit both the planet and humanity. This underscores a rising corporate trend towards sustainability. Adopting this approach requires fresh methods and...

El objetivo de este trabajo es analizar la transferencia de conocimiento para la producción de los componentes estructurales de dos modelos de avión: el Q 400 y el Global Express, en la empresa Bombardier Aeroespace, Querétaro. El interés en esta investigación es analizar y describir la...

The social housing market in Vienna is known for its large, decommodified housing stock and therefore has been subject to extensive research. However, current approaches lack a nuanced account of the main producers of social housing today, namely limited-profit housing associations. Following...

הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...

As of 7 March 2024, the EU Commission began to enforce its controversial Digital Markets Act (DMA). This article sheds light on the recent debate. It lists the dos and don'ts of the DMA as well as stakeholder reactions to them before tracing some of the underlying motivations and reasoning that...

As of 7 March 2024, the EU Commission began to enforce its controversial Digital Markets Act (DMA). This article sheds light on the recent debate. It lists the dos and don'ts of the DMA as well as stakeholder reactions to them before tracing some of the underlying motivations and reasoning that...

When labour market competition is imperfect, positive industry (and firm) productivity shocks can be passed through to workers in the form of higher wages. We document how the UK auto industry, following a period of decline, experienced a four-decade-long productivity boom. There was a...

This paper presents a model of a dislocated restaurant created based on dislocated hotels in Italy. This paper aims to provide an innovative solution for new initiatives in the food and beverage industry experiencing great losses due to the Covid 19 epidemic. The study uses an existing hotel...