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In this article the theory of bureaucracy is used to analyze the collective choice mechamsm for determining military spending. The model integrates economies of size in military output from both the consumption (publicness) and production (scale) sides. Spillover effects on a nation's military...
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This paper presents the development of an energy management strategy of a Plug-in Hybrid Electric Vehicle (PHEV). In this case, a rule-based optimal controller selects the appropriate operation mode. Furthermore, advantages and drawbacks of such vehicles are compared with respect to other...
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It has been argued that organizations which are unable to directly appropriate any of the firm's residual earnings tend to experience various forms of wealth-taking by managers (Alchian and Kessel, 1962). This wealth-taking has been observed in privately-owned, regulated firms (Nelson, 1980) as...
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