One of the main pillars of efficient airport operations is cost-minimization. Unit costs of operation with respect to the level of passengers served are a possible proxy to measure the cost efficiency of an airport. Due to compound production framework and sophisticated political-economic...

Small and regional airports frequently suffer from limited traffic given minimum fixed infrastructure requirements and insufficient revenues to cover their costs. The question is whether such airports could be structured, managed and possibly financially supported in order to survive...

In this paper, we study the dynamic interdependencies between high-frequency volatility, liquidity demand as well as trading costs in an electronic limit order book market. Using data from the Australian Stock Exchange we model 1-min squared mid-quote returns, average trade sizes, number of...

The assessment of models of financial market behavior requires evaluation tools. When complexity hinders a direct estimation approach, e.g., for agent basedmicrosimulationmodels or complex multifractal models, simulation based estimators might provide an alternative. In order to apply such...

The assessment of models of financial market behaviour requires evaluation tools. When complexity hinders a direct estimation approach, e.g., for agent based microsimulation models or multifractal models, simulation based estimators might provide an alternative. In order to apply such...

Various panel models were presented to resolve the ranking of global health care systems according to efficiency. However, in terms of the spatial distribution of statistical units, spatial dependence as a result of various forms of spatial interactions caused biased estimators in classical...

Many studies that apply life cycle assessment methodology avoid a strict differentiation between attributional (aLCA) and consequential (cLCA) life cycle assessment. The main distinction that can be made is that an aLCA approach describes a state of average production systems of an economic...

Limited success in promoting improved energy sources, such as biogas, in rural areas of developing countries has been partly blamed on insufficient understanding of household energy use patterns. In this study, we assess the costs of energy generation from major energy sources (firewood and...

Influence of phosphorus lipids on formation of deposits and performance of plant oil pressure stoves was investigated. Refined coconut oil with an original phosphorous content of 5.9 mg/kg was used as base for fuel blends by adding lecithin to adjust increased phosphorous concentrations of...