The linear plus exponential utility function has received increasing attention of late as a particularly attractive family for evaluating additive gambles for wealth. In addition to its ability to reflect increasing appreciation for money, risk aversion, and decreasing risk aversion, it is...

The Casimir force has its origin in the finite modification of the infinite zero-point energy induced by a specific boundary condition for the spatial configuration. In terms of the imaginary-time formalism at finite temperature, the root of Planck's law of radiation can be traced back to the...

This study investigates the effect of openness on economic growth for rapidly growing economies in East Asia in which rapid growth has been accompanied by a persistent openness to world trade. The framework of analysis is a five-variable vector autoregressive model that consists of real output,...

Various types of economic model address environmental problems. This article examines whether these can be applied to the analysis of material flows. It is important to know which types of model are most suitable to deal with particular economic, environmental or physical aspects of material...

In This Paper We Present and Implement an Econometric Test of Both Negative Semi-Definiteness of the Matrix of Compensated Price Effects and of the Negative Quasi-Definiteness of the Matrix of Uncompensated Price Effects. This Test Allows Us to Evaluate Two Alternative Characterizations of...