In this paper, we analyze the reason behind the use of foreign ownership restrictions on inward Foreign Direct Investment (FDI). We extend the results developed in Karabay (2005) by changing the condition on share distribution in the model. Due to this change, we are able to analyze the...

We combine a high-order compact finite difference approximation and collocation techniques to numerically solve the two-dimensional heat equation. The resulting method is implicit and can be parallelized with a strategy that allows parallelization across both time and space. We compare the...

An important problem of collective non-ruin is the estimation of the probabilities R(z,t) and R(z) of the finite and ultimate non-ruin, respectively, where t is time and z the initial reserve. The governing equations are first-order Volterra integro-differential equations, partial (PVIDEs) in...