The effects of the HIV/AIDS epidemic on fertility in Africa remains ill understood. To align the contrasting findings of recent empirical research, we develop a portfolio model that captures the potential trade-off between "quantity" and "quality" of offspring. According to this theoretical...

Purpose: In order to solve problems in the current project management system, the paper presents the asymmetric information games existing in construction projects through information economics viewpoints. Design/methodology/approach: The owner has private information about the project...