In this paper, we discuss how fraud liability regimes impact the price structure that is chosen by a monopolistic payment platform, in a setting where merchants can invest in fraud detection technologies. We show that liability allocation rules distort the price structure charged by platforms or...

Using an exhaustive database on academic publications in mathematics, we study the patterns of productivity by world mathematicians over the period 1984-2006. We uncover some surprising facts, such as the absence of age related decline in productivity and the relative symmetry of international...

In questo articolo si discutono i recenti approcci che analizzano il contributo dei sistemi di protezione sociale alle politiche di sviluppo. Le lezioni tratte, in particolare, dall’esperienza dei Paesi emergenti e in via di sviluppo sono poi considerate con riferimento al caso delle politiche...

Purpose – This paper tries to explain why many socially-responsible firms appear to converge on a standard set of corporate social responsibility (CSR) practices instead of striving to differentiate themselves from rivals and achieve competitive advantage. Design/methodology/approach – Three...

The diffusion of Public Agencies seems to characterise the approach to public management in European countries. Under New Public Management, the role of politics is to provide strategic planning and economic policy target defini-tion, whereas the administration is responsible for the management...

New Public Management calls for a clear division between politics and the administration, where the former undertakes strategic planning and defines economic targets and the latter is responsible for public service management. In this context, the agency theory underlines a risk of incoherence...

The Innovation Act was introduced by the French government in 1999, with the aim of encouraging academic institutions to protect and commercialize their scientists’ inventions. We explore the effects of the Act on the distribution of Intellectual Property Rights (IPRs) over academic...

Die vorliegende Studie analysiert, wie innerbetriebliche Referenzgruppen und der regulatorische Fokus von Kommunikationsbotschaften die Bereitschaft zur Teilnahme an betrieblichen Freiwilligenprogrammen beeinflussen. Die Ergebnisse einer experimentellen Studie zeigen, dass sich der...

Our paper critically addresses the involvement and the role of civil society entities in new participatory forms of governance, using the Internet governance (IG) debate as a case study. The Internet is first and foremost a global public space potentially available to everyone for the pursuit of...

We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an increase in total R&D and production, however, it...