Centrifugal pumps are widely used in cooling water systems to transport cooling water to its users. They are installed in the header line of the feed pipe, constituting a main pump network. The pressure head of the main pumps must be large enough to satisfy the pressure heads of all coolers. The...

Prior research suggests that consumers make trade-offs between two products by focusing more on alignable differences (i.e., the values of the options on the same attributes are different) than on nonalignable differences (i.e., the options have different attributes). The present research...

This paper investigates technology investment under flexible capacity strategy with demand uncertainty. Technology investment enables a firm to reduce its total production cost, while flexible capacity strategy aims to reduce a firm׳s production waste by postponing production until demand is...

This thesis intends to add empirical evidence to a recently heavily debated regulatory issue, the necessity of promoting a clean surplus income statement. I document the magnitude, and assess the relevance of dirty surplus accounting flows in European member states. In particular, this thesis...

Recently the Dutch financial reporting standard setters have taken steps to make dirty surplus accounting flows more visible to parties outside firms, either by eliminating their possibility or by requiring comprehensive income type statements. These steps are presumably based on the idea that...

Widespread researches and studies on earthquake prediction show that seismo-ionospheric disturbances can be observed over seismic regions before an earthquake. However, it is still hard to detect accurate pre-seismic ionosphere anomaly and use them to predict earthquake. To solve the problem, we...

This paper analyzes the internal divisional structure within an organization in the framework of incomplete contract theory. We use the framework of Aghion and Tirole (1997) and dene the managerial control structure as \sequence of search". A key feature of this paper which di erentiate it from...