While some scholars have argued that regulatory pressures constrain organizations' financial opportunities, others maintain that regulations can spur innovation and lead to greater operational efficiencies. Advocates on both sides have evidence in support of their positions. However, when considering both perspectives in tandem and recognizing that other factors (which are...
The significant price drop for IPO Initial Public Offering stocks upon lockup expiration seems to contradict the market efficiency hypothesis. The author show that the price drop is unlikely due to selective insider selling induced by market demand or increased risk of information asymmetry after the unlock day. Using TAQ...
In 2004, the state of Virginia was awarded a State Planning Grant SPG from the Health Resources and Services Administration of the U.S. Department of Health and Human Services. The goal of Virginia's SPG calls for the development of a business plan for extending health insurance coverage to a defined...
The Battle Management Language BML initiative started by the US Army Modeling and Simulation Office AMSO published a standard in 1999. It organised doctrinal terms into "5W's"; "Who, What, When, Where and Why", to faciliate interoperability between command and control systems and simulations. BML is an unambiguous language used to...
Cyber intrusions are rarely met with the most effective possible response, less for technical than legal reasons. Different rogue actors (terrorists, criminals, spies, etc.) are governed by overlapping but separate domestic and international legal regimes. Each of these regimes has unique limitations, but also offers unique opportunities for evidence collection,...
The concept of effects based operations lends itself well to modeling and assessing approaches to destroying, degrading or disrupting terrorist acts. The George Mason University effects-based course of action planning and assessment research tool, called CAESAR II/EB, has been used to construct influence nets and courses of action to mitigate...
This report focuses on Policy Analysis Market PAM. PAM is a combinatorial information market: a market in futures, options, and derivatives that are based on eventualities rather than specific commerce. PAM trades contracts of one year maturity, issued quarterly, that span economic, civil, and military conditions in the countries of...
For more than a dozen years most components of the Department of Defense DoD have been exploring the means for incorporating effects based thinking into their planning, execution, and assessment activities of the command and control process. Over the same period of time effects based tools that support the development...
This paper discusses the inherent tension in the notion of entrepreneurship as developed by Ludwig von Mises and Israel Kirzner. Given that entrepreneurship is an omnipresent aspect of human action, it cannot also be the "cause" of economic development. Rather, for economic development to take place, certain institutions must be...
This paper investigates the private incentives to trade bilaterally rather than using a centralized double auction. These incentives arise in many economic models. For example, if agents like to avoid price competition on quotes or are bargaining over many units with multiple counterparties then prices, quotes and quantities are sensitive....
Organization function in external environments marked by dynamic changes. They have to carefully negotiate the upheavals involved therein to sustain competitive advantage. A large number of factors are involved in managing the market environment to withstand competition. The paper discusses the subtle processes and nuances involved in the same.
This presentation focuses upon strategic planning for competitive advantage. The planning can be done with the help of various models or strategic matrices. Some of these are SWOT analysis, porter five-force model, and threat matrix. It is essential first to determine the target market based on several segments. Then these...
It is crucial for an organization to constantly study its external and internal environment. This enables the organization to adapt itself proactively to any change and enhances its success chances. It also helps the organization to gain competitive advantage in the market. The paper addresses the issue of assessing change...
The external environment of an organization consists of the moves and counter moves operationalized by its competitors. In such a scenario, the organization has to carefully study and analyze its external environment. This study helps the organization to assess any change in its external environment. Having identified the change, the...
This paper applies a model of complementary oligopoly and anticommons pricing to the market for intellectual property rights. The model evidences the interesting and often overlooked result that, in the market for complementary goods price coordination and monopolistic pricing do not necessarily represent inefficient equilibria, when compared to the alternative...
The Effects Based Operations EBO concept is based on relating actions in a battle plan to overall effects. A prototype system called CAESAR II/EB has been developed to assist in analyzing Courses Of Action COAs for Effects-Based Operations and evaluating them in terms of the probability of achieving the desired...
The business market is in a state of constant flux. Organizations need to carefully look for opportunities in an environment of change. This will ensure their long-term sustenance in the market. These opportunities also help organizations in planning their market strategy. The paper discusses three different tools for opportunity recognition...
The external environment of an organization consists of the moves and counter moves operationalized by its competitors. In such a scenario, the organization has to carefully study and analyze its external environment. The analysis of the external environment helps the organization to identify the prevailing opportunities and threats. This is...
In this paper public debt is considered as an alternative to tax finance. But within existing monetary institutions, public debt creation often serves as a disguised form of money creation. The possibility of inflationary finance opens up, in turn, new avenues along which deficit finance may serve as a means...
The aim of this paper is to look at the potential of Geographical Information Systems GIS in describing the nature of potential clustering effects. Statistical analyses of trucking terminals and warehousing located in Washington Consolidated Metropolitan Standard Area and Detroit Consolidated Metropolitan Standard Area is carried out using GIS and...
