Directory UMM :Data Elmu:jurnal:E:Economics Letters:Vol68.Issue3.Sep2000:
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The approach taken here is to use an asymptotic approximation for the & undershoot ' , the amount by which stock has fallen below the re-order level by the time an order is
previous studies compare one SNP function to parametric flexible forms, this paper provides the first comparison of how well three SNP functions, the Fourier flexible
We shall focus on Eastern Europe companies for which the pretenders are generally foreign companies. Their objectives can often be to extract private benefits to the detriment
Looking at the motives underlying private transfers, this paper moves away from standard models based on altruism and exchange and focuses instead on the demonstration effect
Therefore, the different incentives towards innovation characterising monopoly and social planning may entail that one should compare the two regimes taking into account that
Since we wish to explore the consequences of dispensing with that assumption, the question that interests us is: Given a contingent commodity allocation, is it possible to design
We analyze the existence and order structure of equilibria for this class of games, in which the set of feasible joint decisions is a lattice, and exploit their monotonicity
We observe that for an increase in wage uncertainty to result in more (less) labor put out, it is sufficient that the agent’s first-order condition is convex (concave) in the
