Economic growth, without distributional measures and policies, engenders inequality and concentration. National income may be distributed either through the establishment of a proper welfare system, or by the encouragement of and incentive for economic activities and policies with built-in...

Economic growth, without distributional measures and policies, engenders inequality and concentration. National income may be distributed either through the establishment of a proper welfare system, or by the encouragement of and incentive for economic activities and policies with built‐in...

Like many developing countries, Bangladesh has been experimenting with decentralization for a long period. However, despite numerous efforts undertaken over the years, decentralized governance remains elusive in Bangladesh. Drawing on historical and contemporary evidence, this paper analyzes the...

We investigate a packet flow problem in a computer network within a framework of statistical physics. We propose a model for packet routing control by putting a neural network at each node. The energy function for the whole system is defined in order to express competition among queue length,...

Consider a supply chain in which a product must pass through multiple sites located in series before it is finally delivered to outside customers. Incentive problems may arise in this system when decisions are delegated to corresponding site managers, each maximizing his/her own performance...