Efficient Market Hypothesis (EMH) has attracted a considerable number of studies in empirical finance, particularly in determining the market efficiency of an emerging financial market. Conflicting and inconclusive outcomes have been generated by various existing studies in EMH. In addition,...

These days companies are competing in a fast changing environment. To keep its competitiveness, the company needs not only to seek and select new investment opportunities but also to adjust its existing projects. This paper discusses an optimal project selection and adjusting problem under...

The importance of good health of a population is crucial when determining social welfare. A new health-adjusted national income indicator that explores the relationships between economic growth, health and social welfare in Bangkok, Thailand from 1975 to 1999 is applied. This new approach to...

This paper presents measures for the performances of 12 selected Asia Pacific countries in developing knowledge-based economies (KE). The performances of the selected countries are evaluated using Data Envelopment Analysis (DEA). The DEA scores indicate that four of the emerging countries...

How do changes in the Australian dollar exchange rate affect Australian retail pricing policy? A sample of 15 retail companies from the Australian Stock Exchange found that 20% were exposed to changes against the US dollar, Euro, and Yen, and that 13?27% have significant exposure when the Trade...

This paper reports experiments on the possibility of formulating operational models of adaptive/evolutionary non-convex general equilibrium systems to be adoptable as a framework for social choice to implement a socially optimal growth and climate change program. To perform this task, this paper...

Increased environmental problems in the form of global warming have reshaped human thinking about the prospects of human survival on this planet. The 1996 IPCC study has confirmed that increased GHG concentrations in the atmosphere will substantially increase global temperatures. South East...

How do changes in the Australian dollar exchange rate affect Australian retail pricing policy? A sample of 15 retail companies from the Australian Stock Exchange found that 20% were exposed to changes against the US dollar, Euro, and Yen, and that 13–27% have significant exposure when the...

In order to test, empirically, the well known financial and economic exchange rate models to examine the exchange rate behaviour and its determinants in Indonesia, a number of econometric methods are used. Univariate time series models like exponential smoothing and autoregressive integrated...