One of the important changes of the 1986 tax reform for U.S. multinationals is related to the allocation of interest expense. Prior to 1986, U.S. companies allocated domestic interest expense to the income of foreign affiliates on a non-consolidated basis according to the distribution of gross...

Health services planners have not for the most part used economic approaches. The production of the the 'Goals and Targets' documents by the NSW Department of Health and the Commonwealth Department of Health, Housing and Community Services respectively has further stimulated our interest in the...

This paper explains why a laissez-faire approach may fail to account for externalities in transforming economies, focusing on externalities associated with supply bottlenecks and adjustment costs. Bottlenecks tend to arise whenever input requirements are stochastic and the opportunity cost of...

Examines the impact of using “unsmoothing” techniques on real estate data to take pension‐plan asset‐allocation decisions. It is generally believed that valuation‐based real estate indices give rise to returns figures which are “smoothed” versions of the underlying transaction...

The negative framing and context of performance has received significant attention in decision research. At the same time, historical success appears to reduce openness to radical learning and the exploration of new, alternative approaches. This study elicited individuals’ implicit paradigms...

The area of logistics and enterprise resource planning (ERP) have a natural bond in that both deal explicitly with identifying working with business processes. This also generates concerns. For example, typical education and training paradigms implementations are often task‐oriented...

Traditional organizations with heavy internal competition, rigid functional silos and undue compartmentalization exhibit sub‐optimal performance by inhibiting critical knowledge flows. Cross‐functional teaming attempts to solve this problem by building organizational connections across...

Hierarchical and comprehensive school systems are compared with respect to efficiency, where the possibility of failure at school is highlighted. At given ability, a student's probability of not completing school rises with increasing mean ability in class. The two kinds of school systems can...