The positive impact that competition has on performance in most industries, has been questioned in the "education industry." The idea that competition is limited, that parents don't choose schools for their children considering quality and that schools do not react to that choice is in the...

For virtually all firms, the means of generating shareholder value comes by having customers consistently come back. The measurement of customer satisfaction and repurchase intention is therefore critical to managers and researchers. Unfortunately, recent research studying the effect that 1)...

The Copenhagen Accord sets the target for the post-Kyoto international climate framework that limits global temperature increase below 2 degree Celsius above pre-industrial levels. In order to achieve this target, the allocation of emission quotas among countries is discussed. In this paper, we...

A run on a bank occurs when a large number of depositors, fearing that their bank will be unable to repay their deposits in full and on time, simultaneously try to withdraw their funds immediately. A run on a particular bank can lead to a banking crisis if it spreads to other banks (contagious...

Thee most discussed problem in most countries is influence of financial and debt crisis on economy. Moreover, in January 2009 led the unsuccessful negotiation about gas price between Russia and Ukraine to suspend gas supply from Russia to east and central European countries. This was the case...

Abstract. A mathematical economic model was developed to determine the optimal rate of direct taxes for firms of different sectors of economy, which, in the conditions of absence of influence of inflation, results in optimal rates of direct taxes while maximizing government revenue, and provides...

We examine the monetary implications of Anticipated Future Consumption streams in utility.Ramsey optimal growth modelPaper is finalized

We add some elements of prospect theory to an analytically tractable version of Lucas's (1972) "islands" model.Macroeconomic genrela equilibrium models with imperfect information and signal extraction; micorfounded behavioral economics. (simplified) Prospect theory (Kahneman and Tversky 1992).We...

Une ré-évaluation de l'impact macroéconomique et social des accords de partenariat économique sur l'économie ivoirienne.Modèle d'Équilibre Général Calculable avec prise en compte d'effets externes.Une ré évaluation de l'impact négatif des APE sur les performances économiques et la...

There is vast literature examining how households’ income and consumption changes over the life cycle. These studies, however, are usually restricted to developed economies, such as the US, Japan or the UK. The general objective of this paper is to add to this literature by investigating life...