Knowledge, like other resources, can quickly become obsolete. Thus, actors in an economy must constantly update their knowledge to keep pace with ongoing changes in their operational environment. This study explores unlearning's influence on two forms of learning (i.e., exploration and...

This paper studies organizations with autocratic decisionmaking.

In spite of Microsoft´s quasi monopoly position in the market for operating systems Linux has succeeded to become a serious competitor of Microsoft Windows. From an economic standpoint this fact raises some puzzles.(...)

A two factor production function with a variable elasticity of substitution is considered. The note describes the relation between the elasticity and the behavior of the marginal products and the output per unit input as the factor ratio approaches zero or infinity.

We present a model of cooperative production in which rational agents might carry out sabotage activities that decrease output. We provide necessary and su cient conditions for the existence of a Nash equilibrium without sabotage. It is shown that the absence of sabotage in equilibrium depends...

This study of regional South-South (S-S) trade and cooperation in East, South and South-East Asian countries (ESSEA) aims to provide an economic rationale for S-S trade; shed some light on the extent and pattern of S-S trade in the ESSEA region; examine the dynamic forces behind the expansion of...

In this paper we make the distinction between subjective and objective customer needs. The subjective needs are the individually realized and articulated requirements, whereas the objective needs are the real ones perceived by a fictive neutral perspective. We show that variety in mass...

In the Gangetic flood plain of West Bengal, wetlands are used for multiple purposes, and have significant role in the livelihoods of the local people. Over the years, these Multiple Use Systems (MUSs) are getting converted to single use systems due to economic and social pressure from dominant...

The main goal of this paper is to provide a key metrics system for variety steering in mass customization. We distinguish between objective and subjective customer needs. The subjective needs are the individually realized and articulated requirements, whereas the objective needs are the real...