Against the backdrop of shifting views on the role of government in the provision of infrastructure, this paper distinguishes between the payment for and financing of the South African Government's infrastructure investment programme. The paper argues for a clear distinction between loan...

Die Komplexit?t ist mehr in jeder Hinsicht und darf nicht "simplifziert" werden. Das Ziel dieser empirischen Studie ist eine Antwort auf die Fragen zu finden, ob die objektiv-rationale Komplexit?tsbew?ltigung im Multiprojektmanagement an ihre Grenzen st??t und, daraus abgeleitet, wie...

Purchasing goods from distant locations introduces a significant lag between when a product is shipped and when it arrives. These transit lags are trade barriers for firms facing volatile demand, who must place orders before knowing the resolution of demand uncertainty. We provide a model in...

In der vorliegenden Arbeit werden ausgewählte Probleme, die im Zusammenhang mit der Subventionierung von erneuerbarer Energien stehen, in finanztheoretischen und industrieökonomischen Modellen formal analysiert. Der erste Teil der Arbeit beschäftigt sich mit der Subventionierung von...

Long-term leases on property are popular in many jurisdictions, both with private vendors and with local governments who want to retain future control over land use. A puzzling issue for vendors and purchasers has been how to value these leased properties relative to fee-simple properties....

This article has presented a farmer decision making model of participation in the Conservation Reserve Program (CRP) under the current rising bio-fuel production. The decision is specified as an optimal stopping problem and farming return is assumed following stochastic process with the...

The implementation of enterprise systems has facilitated the development of shared data environments within organizations and conjointly the capability for broader based management control systems (MCS). Yet, several studies have found that most organizations have experienced little change in...